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World War I officially ended with the signing of the Treaty of Versailles on June 28, 1919.
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In October 1929 the stock market crashed, wiping out 40 percent of the paper values of common stock. Business closed their doors, factories shut down and banks failed. Farm income fell about 50 percent. By 1932 about one out of every four Americans was unemployed.
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On this day in 1933, President Paul von Hindenburg names Adolf Hitler, leader or fÜhrer of the National Socialist German Workers Party, as chancellor of Germany.