The Year is 1929 ...
Stock market carash on 'Black Tuesday' (Oct 29) heralds beginning of 'Great Depression.' President Hoover insists business is still on track.
February 14, 1929 St. Valentine's Day Massacre occurs in Chicago between rival bootlegging gangs. Seven of George "Bugs" Moran's men are gunned down by machine gun fire by gangsters impersonating police at a warehouse at 2122 North Clark Street. FBI Chicago conducts ballistics tests in the case, leading to the eventual creation of the FBI Laboratory. No convictions on the case. Al Capone has alibi in Miami. Machine Gun" McGurn has "blonde alibi" -- his new wife Louise Rolfe. George "Bugs" Moran flees prior to the ambush seeing the "police" in front of the warehouse.
March 27, 1929 Alphonse "Scarface" Capone was arrested by FBI Special Agents in Florida after he failed to appear as a witness in a federal prohibition case in Chicago.
Young Plan replaces Dawes Plan for payment of war debts and reparations.
Ramsay MacDonald first prime minister of Great Britain to address Congress.
Alber B. Fall, former Secretary of Interior, found guilty in Teapot Dome scandal (private leasing of Wyoming oil reserves and accepting bribe).
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