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Period: to
Ze Gueat Derpezion
Ze gueat deprezion -
The beginining and the endinining
in 1929 unemployment rates had sky rocketed and wall street stock had lost its value due to over saling -
Unemployment
employment rate at 8.3% and the Smoot-Hawley Tariff was passed Congress passes the Smoot-Hawley Tariff, steeply raising import duties in an attempt to protect American manufactures from foreign competition. The tariff increase has little impact on the American economy, but plunges Europe farther into crisis. -
Townsend Support Grows
More than 5000 Townsend Clubs nationwide together represent more than 2 million members. An estimated 25 million Americans have signed petitions asking their representatives to back the Townsend Plan in Washington. -
Huey Long Assassinated
Huey Long. A Governor of Louisiana from 1928 to 1932 and was elected to the U.S. Senate in 1930. A nominal Democrat, Huey Long was a radical populist, of a sort we are unfamiliar with in our day. As Governor, he sponsored many reforms that endeared him to the rural poor, is assassinated inside the Louisiana Capitol Building -
Roosevelt Reelected
Franklin D. Roosevelt is elected to a second term as president, winning in a landslide over Republican Alf Landon. Roosevelt wins every state but Maine and Vermont. -
Nazi Rally in New York City
The German-American Bund stages a huge rally of fascist sympathizers supporting what they call "True Americanism" in Madison Square Garden in New York. Anti-Semitic Hitler admirer and Bund leader Fritz Kuhn calls Franklin Roosevelt "Frank Rosenfeld," the New Deal "The Jew Deal." -
Mobilization Lifts Economy
The Japanese attack on Pearl Harbor draws United States into World War II. Mobilization for war finally lifts the American economy permanently out of the Great Depression.
