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April 2026 www.OverTheHumpSaver.com PAGE 75

Article continued from previous ship strained relations between the marked an end to the financial
page. neutral United States and Germany. boom of the 1920s that the Federal
Anti-German sentiments began Reserve notes had begun in August
Sinking of the Lusitania (1915): to rise in the U.S. after the sinking 1921 and lasted until September
Though the Lusitania was a British- of the ship, and such sentiments 1929. On what’s become known to
owned ship, the U.S. Library of remained even as the U.S. historians as Black Monday (October
Congress notes its passengers maintained its neutral status into 28, 1929), the Dow Jones Industrial
included more than 120 Americans 1917. The final straw, and one that Average declined by nearly 13
on May 7, 1915, the day the luxury called to mind the sinking of the percent, a fall that preceded an
ocean liner was torpedoed by a Lusitania nearly two years prior, was almost 12 percent decline on the
German U-boat. History.com notes the interception of the Zimmerman
the Imperial German Embassy in telegram, which revealed German following day. By the summer of
Washington, D.C., placed ads in intentions to return to submarine 1932, th Dow had fallen to its lowest
American newspapers reminding warfare and target all ships, value of the twentieth century and
Americans that Germany and including those carrying American 89 percent below its peak. Black
Britain were at war and that ships passengers. Monday marked the beginning
flying the flag of Great Britain were of the Great Depression, and the
vulnerable to attack. Despite the Wall Street crashes on Black Federal Reserve notes the Dow did
warnings, Americans still boarded Monday (1929): The stock market not return to its pre-crash heights
the Lusitania, and the sinking of the crash that began in October 1929 until 1954.