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Charles Lindbergh flew the spirit of St. Louis on a solo flight across the Atlantic from Long Island to France. It took him 33 hours.
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First animated with sound was steamboat willie.
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It started in 1929, some people blame the crash of the stock market as the cause of the Depression.
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Hoover signed the smoot Hawley Tariffy act: he raised tax on 900 import services. It was originally was supposed to help farmers but it ended up imposing.
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The jury found al Capone guilty of several counts of tax evasion, he was sentenced of 11 years in prison.
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Hoover signed the Revenue Act of 1932. It increased the top income tax rate to 63 percent. He wanted to reduce the federal deficit. Hoover believed it would also restore confidence. Instead, higher taxes worsened the Depression.
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He launched the new deal with the emergency banking act. It closed all U.S. banks to devastating failures.
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FDR stopped a run on gold by abandoning the gold standard. Franklin Roosevelt ordered everyone to exchange private gold for dollars.
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By the mid-1920s, only 19% of Americans supported prohibition, many felt prohibition caused more problems that it solved. The 21st Amendment finally repealed prohibition in 1933.
