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The Great Depresson
The Great Depression went started in 1929 when the stock market crashed. -
Stock Market crash
New Yorks Bank of the United States collapses in the largest bank failure to date in American history. $200 million in deposits disappear ,and the banks customers are left holding the bag. -
First bank panic
The first bank panic was a crisis that occured in the United States which led to a severe decline in the money supply. -
Bonus bill
Houses pass congresssman Write Patman's 'bonus bill'' by a vote of 209 to 176 . -
landslide election
Franklin Dekano Roosevelt is elected president in a landslide over Herbert Hoover ,Roosevelt receives 22.8 million polpular votes to hoovers 15.75 million. -
Emergency Banking Act
President Roosevelt ,under the Emergency Banking Act,orders the nation off the gold standard. -
Glass -Steagall Act
Cingress passes the Glass -Steagall Act that seperates commercial from investment banking and sets up the Federal Deposit Insurance Corporation to guaratee bank deposits -
Soil Erosion Service
With an eye toward organizing farmers into soil conservatiin districts , the federal goverment establishes the Soil Erosion Service. -
Three-day dust storm
A three-day storm blows an estimate 350 million tons of soil off the terrai of the West and Southwest and deposits it as far east as New York and Boston. -
Franklin Roosevelt elected
Franklin Roosevelt is elected to an unprecedented third term as president, beating Wendell Willkie. FDR's victory is seen as proof of the nation's support of the war policies. Roosevelt lobbies Congress to pass the Lend-Lease Act, which will aid Britain in its struggle to fend off Germany. -
Social Justice
Father Charles E.Coughlin establishes the Unionn for Social Justice. Using the radio airwaves as his pulpit ,Father Coughlin railes agianst "predatory capitalism" -
National Labor Relations Act.
FDR signs the Wagnor National Labor Relations Act.
