It is not true that time heals all wounds. Some wounds linger on until the wounded die and their pain is forgotten. A generation of Australians harboured searing memories of the 1890s depression - of hunger, cold, bewilderment, humiliation and fear. But they are gone now, and their memories with them. If the depression is remembered at all, it is for the bank crashes of 1893, which produced panic among the propertied class. The working people and the unemployed who felt the chill most severely left few written records. Here, as in so many other areas of Australian life, the privilege of being remembered, being included in ‘history’, has been open to only a few. But why would anyone want to re-live the sufferings of a dead generation? Perhaps because so many of the institutions we take for granted began as attempts to do something about the effects of the 1890s crisis. Federation, state welfare, arbitration and the rise of the Labor Party all date back to that time. The crisis also ushered in profound changes in family life. As earlier chapters have discussed, the 1890s marked the beginning of the trend towards smaller families, with all that it implies for the way that people organize their lives. If the memory of the 1890s has gone, its legacy is still with us.