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.
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Famous quotes containing the words major and/or events:
“A major power can afford a military debacle only when it looks like a political victory.”
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