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| 1925, Sept. 10 |
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| The League voted to discontinue control of Austrian finance in July 1926, the reconstruction scheme having put Austria on its feet. | 1 |
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| 1926, Oct. 15 |
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| The Ramek cabinet gave way to a new Seipel ministry. During this period there was a marked recrudescence of agitation in favor of union with Germany, and a growing antagonism between the Christian Socialist government and the Socialist government of Vienna, which established costly programs, including the construction of hospitals and large apartment complexes to provide low-cost housing. By providing resources for education and cultural activities, the Socialists created an environment in Vienna wherein a worker could live in a world organized by his party from housing to recreation to newspapers. | 2 |
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| 1927, July 15 |
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| The acquittal of three Nationalists of the murder of two Socialists led to riots and a general strike in Vienna. The mob burned the Palace of Justice, destroying many valuable records. The disorders were put down with some bloodshed. In the succeeding years clashes between the factions became more and more frequent in various parts of the country, each organizing private armies (the Christian Socialists the Heimwehr, the Socialists the Schutzbund). | 3 |
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| 1928, Dec. 5 |
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| Wilhelm Miklas elected second president. | 4 |
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| 1929, Sept. 26 |
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| Second Schober cabinet, supported by Christian Socialists and Nationalists, with a program of restoring order. | 5 |
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| Dec |
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| Growing internal instability fostered support for a constitutional change strengthening the position of the president, who was now given the power to dissolve parliament and to issue emergency proclamations. The presidency also became a directly elected office. | 6 |
| Aside from political instability, the government also had to contend with growing economic crisis due to the world depression. By June 1931 there were over 350,000 unemployed, a figure that rose to 480,000 by 1938, undermining the democratic basis of the First Republic. | 7 |
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