Henkels & McCoy Timeline: 1931
 1931


Utility company tree trimming prices dropped from a pre-Depression rate of $2.50 per tree to $1.90, eventually sliding to just 58˘ per tree as competing companies, desperate for contracts, commit slow suicide vying for scant work. Companies undercut each other, often promising to work for 15% less than a current vendor without even knowing what the competitor charged.
Henkels & McCoy and a competitor, both working for the Philadelphia Electric Company each receive 64˘ per tree. As the Great Depression recedes, the price will gradually climb to realistic levels, but the end of the worldwide economic calamity is nowhere in sight. In fact, the Great Depression will not reach its nadir for another year.

Henkels & McCoy plants shrubbery in the front of the new administration building of the School District of Philadelphia.


Keeping our men working was a primary goal throughout the Great Depression.
 
March 3
The Star-Spangled Banner is adopted as the national anthem.

April 14
Spanish Republic is proclaimed. King Alfonso XIII abdicates. Moderates are elected.

May 1
Dedication and opening of the Empire State Building in New York City. At 103 stories, it's the tallest building in the world. President Hoover presses a button in Washington, D.C. officially opening and turning on the Empire State Building's lights. Two years later, the building will be the backdrop for the final scenes in the film, King Kong.

October 8
Japan invades Manchuria and moves on northeast
China provinces.

October 18

Despite efforts at jury tampering, Scarface Al Capone (right) is convicted of tax evasion in federal court and is sentenced to a total of 11 years. He will spend most of his sentence in Alcatraz, a brand-new prison situated on a rocky island in
San Francisco Bay.

October 18
Thomas Alva Edison, one of the world's premier inventors, dies in West Orange, New Jersey at age 84. Among his many inventions are the incandescent light bulb (1879); the motion picture camera (1891); and the alkaline storage battery (1900-1910). Edison formed the world’s first electric utility, which served wealthy patrons near New York City’s Wall Street, as early as 1880. In addition, Edison improved countless existing devices, from dictation machines to phonographs. He received 1,368 separate and distinct patents during his lifetime.

October 24
The George Washington Bridge opens. At its opening it is the world's largest suspension bridge at 1,164 feet spanning the Hudson River, connecting New York City's upper Manhattan to New Jersey.


Also in 1931:

The "Double Feature" emerges as a way for the unemployed to occupy time.

Unemployment and bank closures will double this year.

At the movies, it's Jimmy Cagney in Public Enemy, with Jean Harlow, see? Boris Karloff stars as the tragically misunderstood Creature in Frankenstein.



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