Britain , U.S. , Japan , France , and Italy sign naval disarmament treaty.
Nazis gain in German elections.
Haile Selassie becomes emperor of Ethiopia . Unemployment soars, prompting President Hoover to appoint a Commission for Unemployment Relief. Hawley-Smoot Tariff Act is passed by Congress. The act brings retaliatory tariff acts from foreign countries, U.S. foreign trade suffers a sharp decline, and the depression intensifies. N.Y. Supreme Court Judge Joseph Crater withdraws all his money from the bank, sells his stock, and disappears.