General Uehara Yūsaku resigned as Japan's Minister of War after the rest of the cabinet refused to agree to increasing the army by an additional two divisions. Uyehera's departure preceded the resignation of the entire ministry.
German Chancellor Theobald von Bethmann-Hollweg told the Reichstag in a speech that Germany would go to war if Austria-Hungary was attacked by any other nation as a matter of defending Germany's future and security.
At Çatalca, Turkey signed an armistice with Bulgaria, Serbia and Montenegro, but Greece did not participate. The ceasefire took effect at 7:00 pm local time, temporarily halting the fighting. Part of the ceasefire was to hold a peace conference in London, but the discussions failed and hostilities would resume on February 3, 1913.
Persian religious leader `Abdu'l-Bahá completed the trip to the United States and Canada that had started with his arrival in New York City on April 11. Having introduced the Baha'i faith to North America, he departed from New York on the steamer Celtic, bound for Liverpool.
In excavations at Tell al-Amarna in Egypt, the Nefertiti Bust was unearthed, intact, after a burial of 32 centuries. The team, led by a team led by German archaeologist Ludwig Borchardt, discovered the limestone statue of the head and shoulders of the wife of the Pharaoh Akhenaten (who reigned 1353 BC to 1336 BC), while sifting through the workshop o the sculptor Thutmose. Borchardt concluded that the statue had once set upon a wooden shelf, next to a similar bust of Akhenaten, until termite damage caused both objects to topple; and while the pharaoh's statue was shattered, Nefertiti's bust survived because it had happened to land, upside down, on its flat top.
German-born American banker Paul Warburg presented the blueprint, for what would become the Federal Reserve System, for presentation to Congress and to President-Elect Woodrow Wilson. The original plan, with twenty reserve banks under control of a central board, would be altered to 12 federal reserve banks after Warburg modified the Federal Reserve Act to accommodate the wishes of Congressman Carter Glass.
Hassan Riaz Pasha, the Turkish Governor of Scutari, refused to accept his nation's armistice and continued fighting the First Balkan War.
Kaiser Wilhelm II of Germany convened a "War Council" at Potsdam, with his military leaders, after receiving the news that the United Kingdom would join with France and Russia in the event of a European war. The outcome was to postpone plans for war with the Russian Empire until the near future, but to prepare the German public for an inevitable "racial war, the war of Slavdom against Germandom" in 1914 or 1915.
Turkish cavalry and artillery withdrew from Tripoli, which had been ceded to Italy.
The Greek submarine Delfin made the first torpedo attack in modern warfare, after sighting the Turkish cruiser Medjidieh and five escort ships. Lt. Commander Paparrigopoulos ordered the firing of the underwater missile from a distance of 500 meters, but the torpedo "did not run properly and sank".
U.S. Representative Charles C. Bowman of Pennsylvania was unseated by a 153-118 vote of his fellow House Congressmen, who concluded that he had used corrupt practices to be elected in 1910. Bowman still had almost three months left in his term, which would expire March 4. Bowman's Democrat opponent, George R. McLean, was also denied a seat by a 181-88 margin, because the majority concluded that he was guilty of the same practices as Bowman.
Died:Luitpold, Prince Regent of Bavaria, 91. Luitpold had been the de facto ruler since 1886 because of the mental illness of his nephew, King Ludwig II. Luitpold's son, Prince Ludwig of the House of Wittelsbach, succeeded to the regency and would later become King Ludwig III.
Lieutenant Belgrave Edward Sutton Ninnis died in Antarctica, after falling into a crevasse whilst on an expedition with explorer Douglas Mawson. Ninnis had been guiding six dogs who were pulling the sledge carrying much of the party's supplies, including most of their food, their tent, and spare clothing, when the ice gave way. Looking into the pit, the Mawson and Dr. Xavier Mertz saw a dog about 150 feet below, and an even deeper abyss beyond, but nothing else. Mawson and Mertz were left with a ten day supply of food and still had 315 miles to cover at the time of the accident.
The Balkan Peace Conference was opened at St. James's Palace in London by Secretary of Foreign Affairs Grey On the same day, the navies of Greece and Turkey fought a battle at the entrance of the Bosporus Strait. The Turkish fleet, with 4 battleships, 9 destroyers and 6 torpedo boats opened fire on a Greek battleship squadron which arrived from the island of Imbros. The Greek fleet retaliated ten minutes later, sending the Turkish ships in retreat, and the battle ended at 10:30 am, forty minutes after it began. The Greeks sustained 8 casualties and no major damage, while the Turks lost 58 killed and wounded.
Piltdown Man, thought to be the fossilized skull of a hitherto unknown form of early human, was presented to the Geological Society of London. Dr. A.S. Woodard told a reporter, "That this skull, representing a hitherto unknown species, is the missing link, I have no doubt."  In 1953, the Piltdown Man would be revealed to be a hoax.
A mine explosion at Achenbach, near Dortmund in Germany, killed 25 people and injured 15.
The U.S. House of Representatives passed the Burnett immigration bill, barring any immigrants who were over 16 and illiterate, 178-52. Although the bill would pass the U.S. Senate as well, President Taft would veto it and the House would fail to override it.
Roland Garros became the first person to fly an airplane across the Mediterranean Sea, traveling 160 miles from Tunis to Sicily.
Born:Benjamin O. Davis, Jr., who would become (in 1954) the first African-American General in the United States Air Force and who would retire at the four star rank in 1998; in Washington, DC (d. 2002). His father, then First Lt. Benjamin O. Davis, Sr., would (in 1940) become the first African-American General in the United States Army.
Japanese Army Captains Yoshitoshi Tokugawa and Kumazo Hino became the first military pilots in Japan, with Hino flying a German Grade monoplane for 1,200 meters and Tokugawa flying for four minutes in a French Farman biplane.
The United States warned rebel leaders in the Republic of Santo Domingo (now the Dominican Republic) not to take action against the new government, or the U.S. would intervene.
President Taft, in his final three months in office, asked Congress to give seats, though not votes, to members of the presidential cabinet. Congress then adjourned without taking up the idea, and Taft departed for a visit to Panama.
William H. Van Schaick, who had been the captain of the steamboat General Slocum when a fire on the ship killed over 1,000 passengers in 1904, was paroled from New York's Sing Sing prison after serving three and one half years. He would be pardoned on Christmas Day by President Taft.
Twenty-two of the 27 people on the British steamer Florence were killed off of the coast of Cape Race, Newfoundland.
General Botha returned as Prime Minister of South Africa and formed a new cabinet.
Died: J. H. Logue, Chicago diamond merchant, was brutally murdered in his office in midday. Logue was stabbed 17 times, shot in his right shoulder, had his skull crushed, had part of his right thumb severed, had his mouth burned with acid, and was gagged. The killing was believed to have been revenge for Logue's prosecution of diamond thieves in 1905 and 1906. Five men and four women were arrested the next day in connection with the killing.
Delhi conspiracy case: The Viceroy of India, Lord Hardinge, was wounded in an assassination attempt, when a bomb was thrown at him as he was arriving in Delhi. Hardinge's attendant was killed in the explosion. Hardinge was being brought to the capital on an elephant as part of the arrival ceremony, when a bomb was thrown at him from a housetop. Debris struck his right shoulder. Hardinge's attendant, Jamadar Mahabir Singh, was killed, and 20 people were injured. Four people (Amir Ali, Avadh Behari, Bal Mukund and Basant Kumar Biswas, who threw the bomb) were later executed for the attack, but the mastermind behind the plot, Rashbehari Bose, escaped to Japan where he would live the rest of his life, dying in 1945.
The completion of the Aswan Dam was celebrated in a ceremony attended by Lord Kitchener and the Khedive of Egypt.
Twenty-two people were killed when two British steamers collided in the Gulf of Mexico.
Ohannes Bey Kouyoumjian, an Armenian Catholic, was appointed as the Turkish Governor of Lebanon.
Fifteen minutes after U.S. President Taft was driven down a street during his visit to Panama, a dynamite blast wrecked the street in Colon. No group claimed responsibility, but one report noted that "it is generally believed that the act was committed with a view to taking the life of the president and that the plot only failed because of some miscalculation in the arrangements." 
The first pro-independence organization in the Dutch East Indies (now Indonesia), the Indische Partij, was founded by Ernest Douwes Dekker, an "Indo" with "a Dutch father and a German-Javanese mother", and Indonesian physicians Tjipto Mangoenkoesoemo and Soewardi Soerjaningrat.
George Washington Donaghey, the outgoing Governor of Arkansas, "accomplished through executive action what forty years of protests and duplicitous legislation had failed to do"  toward ending the practice of convict leasing in his state. Although Donaghey had not been able to persuade the state legislature to ban the system of the state prisons selling the use of inmates to private companies as unpaid workers, he had lobbied for the early parole of prisoners who had committed minor offenses, and in a single day, pardoned 360 other convicts of their crimes, freeing them prison and from slave labor. The legislature ended the practice the next year.
Future U.S. presidential candidate Adlai Stevenson, 12 years old at the time, accidentally shot and killed a family friend, 16 year old Ruth Merwin, during a party at his home in Bloomington, Illinois.
^Jad Adams, Gandhi: The True Man Behind Modern India (Open Road Media, 2011)
^ abcdefghijklmnopqrstuvwxyzaaabacThe Britannica Year-Book 1913: A Survey of the World's Progress Since the Completion in 1910 of the Encyclopaedia Britannica] (Encyclopaedia Britannica, 1913) pp xli - xliii
^Helen Delpar, Looking South: The Evolution of Latin Americanist Scholarship in the United States, 1850-1975 (University of Alabama Press, 2007) pp64-65
^ abcd"Record of Current Events", The American Monthly Review of Reviews (February 1913), pp163-167
^David A. Jasen and Trebor Jay Tichenor, Rags and Ragtime: A Musical History (Courier Dover Publications, 1978) p138
^"Japanese Cabinet Crisis", New York Times, December 3, 1912
^Hew Strachan, The Outbreak of the First World War (Oxford University Press, 2004) p65
^"Greeks Refuse the Armistice; Others Sign It", New York Times, December 4, 1912
^Edward J. Erickson, Defeat in Detail: The Ottoman Army in the Balkans, 1912-1913 (Greenwood Publishing Group, 2003) p137
^John A. S. Grenville, The Major International Treaties of the Twentieth Century: A History and Guide with Texts, Volume 1 (Taylor & Francis, 2001) p49-50
^"Eight Die, 7 Hurt, in Rear-End Crash", New York Times, December 4, 1912
^"Japanese Cabinet Out", New York Times, December 5, 1912
^"Italian Treaty Approved", New York Times, December 5, 1912
^Peggy Pascoe, What Comes Naturally: Miscegenation Law and the Making of Race in America (Oxford University Press, 2009) p165
^Hew Strachan, The Outbreak of the First World War (Oxford University Press, 2004) p65; "Triple Alliance Renewed", New York Times, December 8, 1912
^Janet Khan, Prophet's Daughter: The Life and Legacy of Bahiyyih Khanum, Outstanding Heroine of the Baha'i Faith (Baha'i Publishing Trust, 2005) p81; "Abdul Baha Sails Away", New York Times, December 6, 1912
^Joann Fletcher, The Search for Nefertiti: The True Story of an Amazing Discovery (HarperCollins, 2004) p60
^"Terauchi Japan's Premier", New York Times, December 7, 1912
^Ron Chernow, The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish Family (Random House Digital, 2012)
^Roderick R. McLean, Royalty and Diplomacy in Europe, 1890-1914 (Cambridge University Press, 2007) p66
^"Greece: DELFIN class submarines", in Conway's All the World's Fighting Ships, 1906-1921 (Volume 2), by Randal Gray and Przemyslaw Budzbon (Naval Institute Press, 1985) p387
^"Ignore Armistice; Fighting Resumed", Milwaukee Sentinel, December 10, 1912, p1
^Spencer Tucker, European Powers in the First World War: An Encyclopedia (Taylor & Francis, 1999) p495
^"Austria Mobilizes Army of Kingdom", Milwaukee Sentinel, December 11, 1912, p1
^"Bowman Is Ousted from House Seat", Milwaukee Sentinel, December 13, 1912, p1
^"Naval Petroleum and Oil Shale Reserves", in Historical Dictionary of the Petroleum Industry, Marius Vassiliou (Scarecrow Press, 2009) p332