On this day
Revisit the news, notable people, and historical moments connected to this date.
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Curb through natl securities exch act margin regulations seen by former opponents
Roosevelt confers with Irvin; union refuses Johnson plan for labor bd, seeks direct contact with employers, calls NRA Natl Run Around
U S Govt sues S S Olympic for sinking Nantucket Lightship
dancing on Mall
Offers amendment to silver bill
1934Albert II, King of the Belgians from 9 August 1993 to 21 July 2013 (abdicated)[†]
Albert II is a member of the Belgian royal family who reigned as King of the Belgians from 1993 until his abdication in 2013.
1934Taichi Yamada, Japanese screenwriter and novelist (died 2023)[†]
Taichi Yamada was a Japanese screenwriter and novelist. His real name was Taichi Ishizaka .
1934New Deal: U.S. President Franklin D. Roosevelt signs the Securities Exchange Act of 1934 into law, establishing the U.S. Securities and Exchange Commission.[†]
The New Deal was a series of wide-reaching economic, social, and political reforms enacted by President Franklin D. Roosevelt in the United States between 1933 and 1938, in response to the Great Depression, which had started in 1929. Roosevelt introduced the phrase upon accepting the Democratic Party's presidential nomination in 1932 before winning the election in a landslide over incumbent Herbert Hoover, whose administration was viewed by many as doing too little to help those affected. Roosevelt believed that the depression was caused by inherent market instability and too little demand per the Keynesian model of economics and that massive government intervention was necessary to stabilize and rationalize the economy.