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Jan 1 20th Rose Bowl: Columbia beats Stanford, 7-0. Jan 1 Alcatraz officially becomes a federal prison. Jan 1 Federal Deposit Insurance Corp (US bank guarantor) effective. Jan 1 International Telecommunication Union established. Jan 1 Nazi Germany passes the "Law for the Prevention of Genetically Diseased Offspring".
Nov 3, 2021 · 1934 was quite a year, especially for the FBI. In just one year, the FBI managed to take down several notorious criminals, including John Dillinger, Bonnie and Clyde, Baby Face Nelson and Charles ‘Pretty Boy’ Floyd. The most major events in 1934 were certainly the shooting of Bonnie and Clyde in April 1934 and John Dillinger in July 1934.
Chancellor Dollfuss of Austria is assassinated by Nazis. U.S.S.R. admitted to League of Nations . Dionne sisters, first quintuplets to survive beyond infancy, born in Canada. Background: Multiple Births. Mao Zedong begins the Long March north with 100,000 soldiers. Hitler becomes Führer when chancellorship and presidency are united.
Apr 22 US Division of Investigation (later the FBI) under Melvin Purvis botch an operation to capture the John Dillinger Gang at Little Bohemia Lodge, Manitowish Waters, Wisconsin, with 2 dead and 4 injured. FBI Agent Melvin Purvis. Gangster John Dillinger. Apr 28 Soccer team Blue White '34 forms. Apr 28 Spanish government of Ricardo Samper forms.
Jun 12, 2024 · The U.S. dollar has lost 96% its value since 1934. $100 in 1934 is equivalent in purchasing power to about $2,343.80 today, an increase of $2,243.80 over 90 years. The dollar had an average inflation rate of 3.57% per year between 1934 and today, producing a cumulative price increase of 2,243.80%.
Unemployed people lined up outside a soup kitchen in Chicago during the Great Depression. The Great Depression (1929–1939) was a severe global economic downturn that affected many countries across the world. It became evident after a sharp decline in stock prices in the United States, leading to a period of economic depression. [1]
The Gold Reserve Act of 1934 was the culmination of this program; President Roosevelt signed the Act on January 30, 1934. Section 2 of the act transferred ownership of all monetary gold in the United States to the US Treasury. Monetary gold included all coins and bullion held by individuals and institutions, including the Federal Reserve.
