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The Treaty of Versailles ends World War One and imposes heavy reparations payments on Germany.
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The League of Nations meets for the first time in Geneva, Switzerland. The US is absent, the Senate voted against joining the League in November 1919.
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The United States convenes the Washington Conference, attended by Britain, France, Italy, Belgium, the Netherlands, China, Japan, and Portugal. The Conference results in naval armaments treaty that sets a ratio for tonnage of capital ships for Great Britain, the US, Japan, France, and Italy.
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King Victor Emmanuel declares Mussolini premier in an attempt to head off violent conflict between the Fascists and the Communists.
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Adolf Hitler and General Ludendorf, a World War One hero, lead a small contingent of followers in a harmless, comical attempt at rebellion, which causes Hitler to be imprisoned for two years.
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Lenin's death leaves some question as to who will be his successor. Joseph Stalin eventually beats out Leon Trotsky to take control of the Soviet government.
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The Cartel displaces the ruling Bloc National, in a marked victory for the left, but proves unable to govern effectively.
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The Dawes Plan restructures the schedule of German reparations payments so as to reduce the amount of annual payments, and grants Germany a large loan.
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The Locarno Pacts are signed in efforts to stabilize relations with Germany and its neighbors. The pacts usher in a period of peace and prosperity.
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Pilsudski maintains this position until his death in May 1935
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The Samuel Commission, under the Conservative government, releases a report which advises wage cuts for miners. The Triple Alliance responds by striking, which is emulated by many other industries in England to protest he Conservative government's policies.
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A provisional government is established to take Spain from monarchy to republicanism.
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Gombos becomes prime minister, an office he uses like a dictatorship, setting the tone for Hungarian government during the remaining inter-war years.