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Teapot Dome scandale
The U.S. Secretary of Interior leases the Teapot Dome Oil Reserve in Wyoming. -
Warner Brothers Pictures is incorporated
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Warren G. Harding dies
President Warren G. Harding dies while in office. Vice President Calvin Coolidge succeeds him as President. -
Calvin Coolidge wins election as President
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Charles Lindbergh flies over Atlantic
Charles Lindbergh flies the first non-stop transatlantic flight from New York to Paris in the Spirit of St.Louis. -
Herbert Hoover wins election as President
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Teapot Dome scandale trial ends
The Teapot Dome scandal ends with Secretary of Interior Albert Fall being convicted of accepting a $100,000 bribe for leasing the Elk Hills naval oil reserve. -
1929 Stock Market Crash
Falling stock prices lead to losses of $50 Billion between 1929 and 1931. -
Smoot-Hawley Tariff Act
Hiked tariff rates for imports to the U.S. -
Public Works Projects
Hoover asks congress for $150 Million for public works projects to increase employment and combat the growing economic depression. -
Franklin D. Roosevelt is elected President
FDR would serve four terms in office and lead the country through the Great Depression and World War II. -
Period: to
The New Deal
Several pieces of legislation were passed by Congress to address the depression. These included dropping the gold standard and creating the Civilian Conservation Corp which created work to build the National Park and various other projects -
21st Amendment to the U.S. Constitution ending prohibition
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Securities and Exchange Commission is created
The Securities and Exchange Act would provide oversight over Wall Street. -
Social Security Act is passed
The Social Securities Act would provide retirees with paychecks after retirement. -
Fair Labor Standards Act
A National Minimum Wage is set at $.25 an hour as well as establishing overtime rules with the signing of the Fair Labor Standards Act. -
U.S. declares its neutrality in the war in Europe (World War II)
Germany invaded Poland and began World War II. -
Attack on Pearl Harbor
"A day that will live in infamy". A surprise attack was launched by Japan on Pearl Harbor, Hawaii. 1,177 troops died in this attack. The next day the U.S. declared war on Japan and official entered World War II. On December 11 the U.S.declared war on Germany and Italy.
