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1920
League of Nations holds first meeting at Geneva -
1921
Reparations Commission fixes German liability at 132 billion gold marks -
1922
Mussolini marches on Rome; forms Fascist governmen -
1923
Adolf Hitler's “Beer Hall Putsch” in Munich fails; in 1924 he is sentenced to five years in prison where he writes Mein Kampf; released after eight months, -
1924
Death of Lenin; Stalin wins power struggle, rules as Soviet dictator until death in 1953. Italian Fascists murder Socialist leader Giacomo Matteotti. Interior Secretary Albert B. Fall and oilmen Harry Sinclair and Edward L. Doheny are charged with conspiracy and bribery in the Teapot Dome scandal, involving fraudulent leases of naval oil reserves -
1925
1925
Nellie Tayloe Ross elected governor of Wyoming; first woman governor elected in U.S. Locarno conferences seek to secure European peace by mutual guarantees -
1926
1926
General strike in Britain brings nation's activities to standstill. U.S. marines dispatched to Nicaragua during revolt; they remain until 1933. -
1927
1927
German economy collapses. Socialists riot in Vienna; general strike follows acquittal of Nazis for political murde -
1928
1928
Kellogg-Briand Pact, outlawing war, signed in Paris by 65 nations. Alexander Fleming discovers penicillin. Richard E. Byrd starts expedition to Antarctic; returns in 1930. -
1929
1929
Trotsky expelled from USSR Lateran Treaty establishes independent Vatican City. In U.S., stock market prices collapse, with U.S. securities losing $26 billion—first phase of Depression and world economic crisis.