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Stock Market Crash
The stock market crash of 1929 was the most devistating crash in all of United States history. -
Unemployment Rises
More than 3.2 million people are unemployed, up from 1.5 million before the October, 1929 crash. -
Bonus Funds
Wright Patman introduces legislation authorizing immediate payment of "bonus" funds to veterans of World War I. President Hoover is against payment of these funds, saying it would cost the Treasury $4 billion. -
Food Riots
"Food riots" begin to break out in parts of the U.S. In Minneapolis, several hundred men and women smash the windows of a grocery market and make off with fruit, canned goods, bacon, and ham. -
New York Bank Collapses
New York's Bank of the United States collapses. At the time of the collapse, the bank had over $200 million in deposits, making it the largest single bank failure in the nation's history. -
Ford Motor Company's plant March
Three thousand unemployed workers march on the Ford Motor Company's plant in River Rouge, Michigan. Company guards attack the workers, killing four. -
Roosevelt Election
Franklin Delano Roosevelt is elected president in a large victory over Herbert Hoover. Roosevelt receives 22.8 million votes to Hoover's 15.75 million. -
Dust Storm
A 3-day dust storm blows an estimated 350 million tons of soil off of the terrain of the West and Southwest. -
United Automobile Workers Strike
United Automobile Workers strike in Flint, Michigan. The strike turns violent when strikers clash with company-hired police, many are injured in the process. -
Attempts to help Economy
FDR asks Congress to authorize $3.75 billion in federal spending to help boost the poor economy. Economic indicators respond favorably over the next few months. -
"Memorial Day Massacre"
Workers and their families attempt to combine a picnic with a rally and demonstration. Ten people are killed and twelve more are wounded in the event. -
Roosevelt is Elected
Roosevelt won by building support from labor unions and pollitical machines. The war effort after his election will jump-start U.S. industry and effectively end the Great Depression.