People Weren’t Jumping From Building in The 1929 Stock Market Crash

People have been told all the time how when the stock market crashed in 1929 there were hoards of newly poor investors that were jumping off rooftops to their death and there was this huge amount of who were jumping off buildings committing suicide. There were actually only 2 people that jumped to their death. Once of which was an elderly female clerk named Hulda Borowski that had nothing to do with it.

Although there were more people who killed themselves in more creative ways. The day after Black Thursday, Chicago real estate investor C. Fred Stewart asphyxiated himself with gas in his kitchen. When the market took an even further dive on Black Tuesday, John Schwitzgebel shot himself to death inside a Kansas City club. The stock pages of the newspaper were found covering his body.

In the weeks to come, Scranton, Pennsylvania civil engineer Carl Motiska doused himself with gasoline and lit himself on fire. His wife also died from burns sustained while trying to save him from the flames. St. Louis stockbroker John Betts, who had a seat on the New York Stock Exchange, drank poison to end his life. Down to his last four cents, Wellington Lytle left the following suicide note in his Milwaukee hotel room: “My body should go to science, my soul to [Secretary of Treasury] Andrew W. Mellon and sympathy to my creditors.”