Major Events
- March 4, 1929: Herbert C. Hoover became President of the United States
- October 24, 1929 – October 29, 1929: Wall Street Crash of 1929: Three multi-digit percentage drops wipe out more than $30 billion from the New York Stock Exchange (10 times greater than the annual budget of the federal government).
- October 25, 1929: Former U.S. Interior Secretary Albert B. Fall is convicted of bribery for his role in the Teapot Dome scandal, becoming the first Presidential cabinet member to go to prison for actions in office.
Read more about this topic: 71st United States Congress
Famous quotes containing the words major and/or events:
“All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.”
—John Kenneth Galbraith (b. 1908)
“A curious thing about atrocity stories is that they mirror, instead of the events they purport to describe, the extent of the hatred of the people that tell them.
Still, you can’t listen unmoved to tales of misery and murder.”
—John Dos Passos (1896–1970)