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World War I Peace Resolution
On July 2, 1921, Congress passed a resolution by both houses, which was then signed by President Warren G. Harding declaring peace in the hostilities with Germany, Austria, and Hungary. The treaty would then later go on to be executed a month after. -
Teapot Dome Scandal Begins
This scandal began when the U.S. Secretary of the Interior leased the Teapot Oil Reserves in Wyoming. This was only the beginning of many acts of corruption that this time period was marked with. -
Vice President Coolidge Succeeds Late President Harding
President Warren G. Harding succumbed to illness after a trip to Alaska and was then succeeded by his Vice President, Calvin Coolidge. Coolidge would go on to oppose the League of Nations, albeit supporting the World Court. -
Election of 1924 - Calvin Coolidge Wins
Calvin Coolidge wins the presidency that he originally obtained as Vice President from the passing of President Warren G. Harding. Coolidge defeated John W. Davis from the Democratic Party and Robert M. La Follette from the Progressive Party. -
The Scopes Trial (or Monkey Trial)
This trial convicted John T. Scopes of teaching Charles Darwin's theory of evolution in a class at a Tennessee high school–violating Tennessee law. He was fined for this charge, and this case served as a precursor to important cases regarding evolution in public schools in the future. -
Mount Rushmore Sculpture Work Begins
Sculptor Gutzon Borglum would complete the task of chiseling the busts of four presidents; George Washington, Thomas Jefferson, Abraham Lincoln, and Theodore Roosevelt, fourteen years later. -
Election of 1928 - Herbert Hoover Wins
Calvin Coolidge declined to seek reelection, and in a landslide electoral college victory, Republican Party candidate Herbert Hoover won the presidency over Al Smith, running as the Democratic Party candidate. -
Stock Market Crash of 1929
The prosperity enjoyed by many Americans after World War I ends with a stock market crash, which led to losses of $50 billion and started the worst depression in American history. -
Empire State Building Constructed
On May 1, 1931, In New York City, New York, the Empire State Building was finished and began to be open for business. -
Reconstruction Finance Corporation Established
In 1932, the Reconstruction Finance Corporation was established to stimulate banking and business. This was in response to the extremely high unemployment during this depression of twelve million workers. -
Election of 1932 - Franklin D. Roosevelt Wins
The Democratic Party nominee Franklin D. Roosevelt, also known as FDR, defeated the incumbent President Hoover of the Republican Party. FDR would go on to win the next three elections as well, serving four terms in office.