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The American stock market crashes. Foreshadowing the start of the great depression.
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Congress passes the Smoot-Hawley Tariff, steeply raising import duties in an attempt to protect the American manufactures from foreign operations.
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New York’s bank of the United States collapses in the largest bank failure to date in American history, $200 million in deposits disappear.
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Father Charles Coughlin “the radio priest” establishes the national union for social justice.
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Democrat Franklin D Roosevelt defeats Republican president Herbert Hoover in a landslide to win the presidency.
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Franklin D Roosevelt is inaugurated into office as the 32nd President of the United States.
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Dr. Francis Townsend sends a letter to the Long Beach press telegram proposing state funded pensions for the elderly to boost consumption in unemployment.
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Surprising support for Upton Sinclair‘s EPIC movement gives Sinclair a runaway victory in the democratic gubernatorial primary in California
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Long’s Wealth Society has expanded to 27,000 clubs nationwide with mailing list of 7.5 million Americans.
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Huey Long is assassinated in the Louisiana capitol building.
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Franklin D Roosevelt is elected to a second term as president winning in a landslide over Republican Alf Landon. Roosevelt won every state except Maine and Vermont.
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The German-American bund stage is a huge rally of facists sympathizers supporting what they call “true Americanism“ in Madison Square Garden in New York
