Most people are preparing to spend this weekend celebrating Easter or Passover. But if you’re not the religious type, let me inform you about a fun little holiday today called New Beer’s Eve.
On April 7, 1933, as Prohibition was winding down, Americans were finally able to legally buy beer again. On the eve, April 6, according to CNN, people danced in the streets and lined outside brewery doors “in anticipation of the return of legal beer that actually had some alcohol in it.”
In this photo from the Library of Congress, “Congressional beer crusaders” surround President Roosevelt as he signs a bill legalizing beer as of April 7, 1933.
CNN explains the full story:
“Franklin Delano Roosevelt had been president barely a month, having been sworn in on March 4 after a landslide victory the previous November. Sweeping into power with him was an anti-Prohibition majority in Congress known as ‘the wets.
“Together they fulfilled their first campaign promise with passage of the Cullen-Harrison Act, which increased the amount of alcohol allowed in beverages from 0.5 percent to a discernible 3.2 percent by weight.
“When the act took effect at 12:01 a.m. ET April 7, trucks and carriages burst out of brewery gates bearing cases and barrels of beer for a parched republic — at least for the District of Columbia and the 20 states whose laws permitted it. Several breweries dispatched cases directly to the White House and the Capitol.”
Full-strength beer and liquor weren’t available just yet; that took until Dec. 5, 1933, when Prohibition was fully repealed. Sure, it was watered-down beer, but it was a start to restoring a favorite American pastime.
Whatever holiday you choose to celebrate this weekend, cheers! And be sure to read on for my roundup of my 10 favorite personal finance blog posts from the past week.
1. Afford Anything discusses how it’s possible to go too far with the concept of “do it yourself” in the name of saving money.
2. Well Heeled Blog debates whether it’s acceptable to go on a vacation when you’re in debt and could be using the money to reduce it.
3. Christian PF lists seven ways to save money grocery shopping without clipping any coupons.
4. Squirrelers discusses the financial image we create for ourselves, whether we realize it or not.
5. PT Money shares three valuable lessons you should familiarize yourself with before you find yourself in the same type of family emergency she did.
6. The Digerati Life questions whether it’s a wise move to use debt leverage to get ahead.
7. Smart on Money tackles the same topic and asks readers to determine if their finances are over-leveraged.
8. Did you buy a Groupon on a whim, only for it to expire before you could use it? Money Crashers reveals four things to do once it has expired to get some of the value back.
9. Cash Money Life explains the three types of spenders and why we need a healthy balance of all three.
10. One Money Design shares several ways you can save money on gas, including using gas reward cards.