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Black Tuesday
The Stock Market crashed and many people lost their money. This signlaed the beginning of the Great Depression. -
Hawley-Smoot Tariff
This high tariff on foreign goods was supposed to help the economy, but other countries enacted their own tariffs and world trade fell 40%. -
Bonus Army
In the Spring of 1932, 15,000 WWI vets went to Washington to get their war bonus immediately and not in 1945. The Patman Bill would've authorized Congress to pay the vets immediately, but Senate voted down the bill on June 17. -
Election Day
Franklin Delano Roosevelt is elected President. As president, he made the New Deal which helped the US get out of the Great Depression. -
Inauguration day
President Roosevelt is inaugurated into office. -
Emergency Relief Act
Congress passed the Emergency Relief Act which authorized the Treasury to inspect the nation's banks. -
Civilian Conservation Corps
The first New Deal program, the Civilian Conservation Corps, is created. -
Social Security
The Social Security Act is created which helped and still helps many senior citizens and people on welfare. -
Huey Long is assassinated
Huey Long, one of Roosevelt's biggest opponents and critics, was assassinated by a gunman. -
President Roosevelt
Roosevelt wins the election and has his second term in which he makes a second New Deal.
