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3 black men, Elias Clayton, Elmer Jackson, Isacc McGhie, all were taken from the jail they were in by a white mob and attacked and lynched.
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The Sacco-Vanzetti trial begins. Immigrant Italian radicals Nicola Sacco and Bartolomeo Vanzetti will eventually be convicted of murder and executed.
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Germany, burdened by reparations payments imposed by Treaty of Versailles, suffers hyperinflation. One American dollar is now worth 7,000 German marks.
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The market capitalization of Ford Motor Company exceeds $1 billion.
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F. Scott Fitzgerald publishes The Great Gatsby.
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40,000 Ku Klux Klansmen march on Washington, their white-hooded procession filling Pennsylvania Avenue.
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Walt Disneys steamboat Willie premieres, introducing the world to a new animated character: Mickey Mouse
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The American stock market collapses, signaling the onset of the Great Depression. The Dow Jones Industrial Average peaks in September 1929 at 381.17—a level that it won't reach again until 1954. The Dow will bottom out at a Depression-era low of just 41.22 in 1932.
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In the "Saint Valentine's Day Massacre," the single bloodiest incident in a decade-long turf war between rival Chicago mobsters fighting to control the lucrative bootlegging trade, members of Al Capone's gang murder six followers of rival Bugs Moran.