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1934 Establishments In Massachusetts
Events January–February * January 1 – The International Telecommunication Union, a specialist agency of the League of Nations, is established. * January 15 – The 8.0 Nepal–Bihar earthquake strikes Nepal and Bihar with a maximum Mercalli intensity of XI (''Extreme''), killing an estimated 6,000–10,700 people. * January 26 – A 10-year German–Polish declaration of non-aggression is signed by Nazi Germany and the Second Polish Republic. * January 30 ** In Nazi Germany, the political power of federal states such as Prussia is substantially abolished, by the "Law on the Reconstruction of the Reich" (''Gesetz über den Neuaufbau des Reiches''). ** Franklin D. Roosevelt, President of the United States, signs the Gold Reserve Act: all gold held in the Federal Reserve is to be surrendered to the United States Department of the Treasury; immediately following, the President raises the statutory gold price from US$20.67 per ounce to $35. * February 6 – French ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
January 1
January 1 or 1 January is the first day of the year in the Gregorian Calendar. There are 364 days remaining until the end of the year (365 in leap years). This day is also known as New Year's Day since the day marks the beginning of the year. __TOC__ Events Pre-1600 *153 BC – For the first time, Roman consuls begin their year in office on January 1. *45 BC – The Julian calendar takes effect as the civil calendar of the Roman Empire, establishing January 1 as the new date of the new year. *42 BC – The Roman Senate posthumously deifies Julius Caesar. * 193 – The Senate chooses Pertinax against his will to succeed Commodus as Roman emperor. * 404 – Saint Telemachus tries to stop a gladiatorial fight in a Roman amphitheatre, and is stoned to death by the crowd. This act impresses the Christian Emperor Honorius, who issues a historic ban on gladiatorial fights. * 417 – Emperor Honorius forces Galla Placidia into marriage to Cons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Reserve
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and currently also include supervising and regulating banks, maintaining the stabili ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
