fullscreen: The stock market crash - and after

168 The Stock Market Crash—And After 
Recent Economic Changes says (page 490), ‘the 
period since 1922 has been remarkably free of up- 
heavals in industrial relations.” The committee 
finds from the records of the United States Bureau 
of Labor Statistics a ‘‘sharp decline” since 1922 
“over the preceding years from 1916 to 1921.” In 
the period 1916-1921, there were 3,503 disputes in- 
volving 1,789,301 employees per year; in the period 
1922-1926, there were but 1,164 disputes involving 
only 688,538 employees per year. This is despite 
the fact that 1922, which is included in the period 
of fewer disputes, was one of large strikes and more 
properly belongs in the earlier period. President 
Hoover's committee remarks: 
“The comparative quiet of those last years is all 
the more marked in contrast to the state of affairs 
before 1923, when there took place some of the 
largest and longest strikes in the history of the 
country. In 1919, more than 1,000,000 workers 
were involved in strikes in the coal fields and rail- 
road industry; disputes in the building trades of 
Chicago and New York resulted in a strike of 250,- 
000; 100,000 longshoremen along the Atlantic coast 
stopped work; a strike in the stockyards of Chicago 
brought out 65,000 strikers; and strikes in the cloth- 
ing and textile industries several hundred thousands 
more. Altogether, the reports to the United States 
Bureau of Labor Statistics indicate more than 4,000,- 
000 persons involved in industrial disputes in 1919. 
The following years were quieter but by no means 
free of strikes. In 1920, there were the large ‘out-
	        
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