A Disastrous Flood
The Great Depression of the 1930s shook the banking industry of the United States. A final blow to Old Shawneetown came with a severe flood of the Ohio River in spring 1937. Many Old Shawneetown riverfront homes and buildings were badly damaged, and the Franklin D. Roosevelt administration encouraged many of the people of Old Shawneetown to move up atop a nearby bluff, where a new town arose, called Shawneetown, Illinois or New Shawneetown. The Shawneetown Bank State Historic Site closed its bank vault for the last time in 1942.
Read more about this topic: Shawneetown Bank State Historic Site
Famous quotes containing the words disastrous and/or flood:
“Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable.”
—John Kenneth Galbraith (b. 1908)
“The mighty river flowing dark and deep,
With ebb and flood from the remote sea-tides
Vague-sounding through the City’s sleepless sleep,
Is named the River of the Suicides;”
—James Thomson (1834–1882)