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The World War Adjusted Compensation, known as the Bonus Bill, created a benefit plan for World War I veterans as additional compensation for their military service.
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Thursday October 24th, 1929, when the Dow Jones Industrial Average plunged 11% at the open in very heavy volume, precipitating the Wall Street crash of 1929 and the following Great Depression of the 1930's.
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The first of many “food riots” across the country broke out when hungry, desperate, and unemployed men and women stole goods from a grocery store in Minneapolis.
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The bank run on its Bronx branch is said to have started the collapse of banking during the Great Depression.
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A government corporation in the United States between 1932 and 1957 that provided financial support to state and local governments and made loans to banks, railroads, mortgage associations, and other businesses.
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Aka- The Ford Massacre, was a march resulting in four workers being shot to death by the Dearborn Police Department and security guards employed by the Ford Motor Company. Over 60 workers were injured, many by gunshot wounds. Three months later, a fifth worker died of his injuries.
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This was a very popular name for an assemblage of some 43,000 marchers (including 17,000 U.S. World War I veterans, their families, and affiliated groups) who gathered in Washington, D.C. in the summer of 1932, to demand their payment redemption of their service certificates.
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Roosevelt became the 32nd U.S. president in 1933, and was the only president to be elected four times. He was hit with polio in 1921.
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The Emergency Conservation Work (ECW) Act was introduced to Congress the same day and enacted by voice vote on March 31. Roosevelt issued Executive Order 6101 on April 5, 1933 which established the CCC organization.
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FERA was established as a result of the Federal Emergency Relief Act and was replaced in 1935 by the Works Progress Administration (WPA).
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The Glass–Steagall legislation describes four provisions of the U.S. Banking Act of 1933 separating commercial and investment banking. The separation prevented securities, firms, and investment banks from taking deposits, and commercial
dealing in non-governmental securities for customers, investing in non-investment grade securities for themselves, underwriting or distributing non-governmental securities, affiliating (or sharing employees) with companies involved in such activities
