The Banking Crisis of 1933 /
On March 6, 1933, Franklin D. Roosevelt, less than forty-eight hours after becoming president, ordered the suspension of all banking facilities in the United States. How the nation had reached such a desperate situation and how it responded to the banking ""holiday"" are examined...
Main Author: | |
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Format: | Electronic eBook |
Language: | Inglés |
Published: |
Lexington :
University Press of Kentucky,
1973.
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Series: | Book collections on Project MUSE.
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Subjects: | |
Online Access: | Texto completo |
Summary: | On March 6, 1933, Franklin D. Roosevelt, less than forty-eight hours after becoming president, ordered the suspension of all banking facilities in the United States. How the nation had reached such a desperate situation and how it responded to the banking ""holiday"" are examined in this book, the first full-length study of the crisis. Although the 1920s had witnessed a wave of bank failures, the situation worsened after the 1929 stock market crash, and by the winter of 1932-1933, complete banking collapse threatened much of the nation. President Hoover's stopgap measures proved totally inadequ. |
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Physical Description: | 1 online resource (280 pages). |
ISBN: | 9780813163307 |