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VP - Thomas R. Marshall Ran against:
Republican - William Howard Taft
Progressive (Bull-Moose) - Theodore Roosevelt (Bull-Moose)
Socialist - Eugene V. Debs -
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Federal income tax is re-imposed following the ratification of the sixteenth amendment. Sponsered by Oscar Underwood, an Alabama representative.
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Wilson is the first president to deliver the address orally since George Washington !
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Wilson goes before a joint session of Congress requesting a declaration of war. The U.S. joins the Allies' side.
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Passred on fourth of June, 1919, but wasn't ratified until 1920
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VP - Calvin Coolidge Ran against:
Democratic - James M. Cox -
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Immigrants are limited to 3% from each nationality.
Lasts 3 years.
Precursor to the Immigration Act of 1924. -
Naval oil reserves are leased to big companies for the sole purpose of getting more money.
Fall resigns in January. -
Harding and his wife set out to Alaska and the West to restore faith the president's administration to offset the scandals under him.
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- - wasn't actually elected as president until 1925
Democratic - John W. Davis
Progressive - Robert M. La Follette -
He dies whilst speaking on tour in San Francisco - most likely due to a heart attack.
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Stricter and more restrictive quotas- Japanese are restricted while Canadians and Mexicans are excluded from the act.
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The U.S., Great Britain, France, Belgium, and Itally sign the Dawes Plan- ending the occupatin of Ruhr by Belgium and French troops. Charles G. Dawes won a Nobel Peace prize for this the following year.
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The U.S. and France sign an agreement that cancels 60% of the French debt from WWI.
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U.S. and fifteen (later sixty-two) other nations signed this pact as a mean to out war in the case of settling disputes.
The following year, Kellogg won a Nobel Peace Prize as a result of the pact. -
VP - Charles Curtis Ran against:
Democratic - Al Smith -
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Held by the Academy of Motion Picture Arts and Sciences, this is the beginning of an annual tradition honouring those involved in the cinematic process.
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On "Black Tuesday" 16.4 million shares of stock are traded- equities are sold at low prices. Trading keeps a downward trend- by December 1st, stocks at NYSE lost about $26 billion
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Construction begins in Las Vegas, Nevada.
Dam takes six years to build. -
VP - John Nance Garner (1933)
- Henry A. Wallace (1941)
- Harry S. Truman (1945) Ran against:
Republican - Herbert Hoover -
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FDR has Congress meet to enact many deals of Roosevelt's "New Deal" Ends 16th of June, 1933
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FDR takes the US off the gold standard- this allows more money to become available, boosting the economy, but the value of the dollar declines.
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Japanese bombers attack the U.S. Naval base Pearl Harbour- thus causing the U.S. to declare war on Japan, launching the neutral United States into WWII.
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At Bretton Woods, NH, representatives from 44 nations met for a monetary and financial conference. An International Money Fund (IMF) is established as well as the Internationtal Bank for Reconstruction and Development- the World Bank.