The New York City Mayor James Walker who had been the Mayor since being elected in 1926 is forced to resign following charges of graft and corruption in his administration
In 1932 the economy continued to deteriorate and unemployment increased further in 1932 to 24.1% , there were few jobs and many ordinary Americans were forced into living in the streets or in old cars. Towards the end of the year in November the American voter used the power of Democracy to show Herbert Hoover what they thought of his term of presidency during these bad times and voted strongly in favor of Franklin D Roosevelt by 472 electoral votes to 59. Around the world changes also occurred when the British jailed the Indian nationalist leader Mahatma Gandhi , also in Britain the first ever splitting of the Atom occurred , and in Russia major problems with the agricultural policy caused mass starvation and death.
How Much things cost in 1932
Average Cost of new house $6,510.00
Average wages per year $1,650.00
Cost of a gallon of Gas 10 cents
Average Cost for house rent $18.00 per month
A loaf of Bread 7 cents
A LB of Hamburger Meat 10 cents
New Car Average Price $610.00
