Martin van Buren25 August 1837
Passes the Independent Treasury Act to help deal with a financial crisis
United States · Government / Democratic Party Government. Chronological records rendered directly from the World History Database.
Passes the Independent Treasury Act to help deal with a financial crisis
The US & Japan sign a commercial Treaty in Washington
US banks close for 4 days due to a financial crisis. US banks close for 4 days due to a finacial crisis
Banks are closed, only "sound" institutions associated with the Federal Reserve remain
Roosevelt prohibits gold exports and redemption, formally suspending the United States gold standard.
Creates the Civilian Conservation Corps to reduce unemployment. Creates the civilian conservation corps to reduce unemployment
The National Recovery Act is passed by Congress
Tries to stop the National Industrial Recovery Bill by talking for 15 hrs but fails
Introduces the National Industrial Recovery Bill to Congress
9 March-16 June, 1st phase of the "Hundred Days" to reform the economy
Introduces the National Industrial Recovery Bill to Congress. Creates the Civilian Conservation Corps to reduce unemployment. Creates the civilian conservation corps to reduce unemployment. Prepared to accept a national debt of $31,000 million to reduce unemployment. Introduces the "New Deal". $400 million is made available for road building & improvement
Roosevelt signs the Federal Credit Union Act, establishing Credit Unions
Concentrates on social security & sets up a works progress administration
Passes the Soil Conservation Act which controls farm surpluses. Opens the Hoover Dam on the Colorado River
Passes the Trade Expansion Act to try & establish an Atlantic Free Trade Zone
Johnson declares war on poverty
Introduces War on Poverty
Johnson calls for the non-conversion of the U.S. dollar
The Congress of the United States repeals the requirement for a gold reserve to back U.S. currency
Calls for voluntary wage restraint & reduction of private borrowing
Supports the North American Free Trade Agreement for ratification by the US Senate. Raises taxes on the wealthiest 1.2% , while cutting taxes on 15 million low-earners
President Clinton proposes that Government invest in the stock market to strengthen Social Security in his State of the Union Address
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.