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New York's Bank of the United States collapses in the largest bank failure to date in American history.[M31] $200 million in deposits disappear, and the bank's customers are left holding the bag.
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"Radio Priest" Charles Coughlin's weekly broadcast draws an average of 30-45 million listeners.
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Italy, under the leadership of Prime Minister Benito Mussolini, invades Ethiopia.
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President Franklin D. Roosevelt signs the 1937 Neutrality Act, which bans travel on belligerent ships, forbids the arming of American merchant ships trading with belligerents, and issues an arms embargo with warring nations
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In the United States, popular support for American action against Japan far exceeds support for action against Nazi Germany
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German Chancellor Adolf Hitler announces support for Japan.
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In a speech in Rome, Benito Mussolini, fascist leader of Italy, promises to fight the democracies alongside Adolf Hitler's should war break out.
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Adolf Hitler, in return for the Sudetenland, promises to leave the rest of Czechoslovakia alone.
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Britain forces retreat from France and Adolf Hitler's armies defeat French forces.
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Germany and Italy, Japan's axis partners, declare war on the United States. The United States declares war on Germany, Italy, and Japan.