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New York's United States Bank collapses, losing $200 million dollars.
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FDR is elected into presidency, defeating republician Herbert Hoover.
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Unemployment averages 24.9% for the year.
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Charles Coughlin announces a weekly Radio broadcast, over 30 million listeners.
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Congress pass the Emergency Banking Bill, the Glass-Steagall Act of 1933, the Farm Credit Act, the National Industrial Recovery Act and the Truth-in-Securities Act.
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GNP rises 7.7 %. Unemployment falls to 21.7 %
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Supreme Court declares the National Recovery Administration to be unconstitutional.
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Congress pass Banking Act of 1935, National Labor Relations Act, and the Social Security Act.
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Tax rate raised 79 %.
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New Deal legislation is passed because of Roosevelt's weakened political power.
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The Japanese bombed did a "sneak attack" on Pearl Harbor, Hawaii. Later U.S declares war on Japan, dragging us into WWII