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 inadequate, the author shows, and by March 4, the day of Roosevelt's inauguration, thirty-four states had declared banking moratoriums. Of special interest in this study is Ms. Kennedy's examination of relations between Herbert Hoover and Franklin D. Roosevelt.
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 inadequate, the author shows, and by March 4, the day of Roosevelt's inauguration, thirty-four states had declared banking moratoriums. Of special interest in this study is Ms. Kennedy's examination of relations between Herbert Hoover and Franklin D. Roosevelt.
The Banking Crisis of 1933
280
The Banking Crisis of 1933
280
Product Details
| ISBN-13: | 9780813152912 |
|---|---|
| Publisher: | University Press of Kentucky |
| Publication date: | 07/15/2014 |
| Pages: | 280 |
| Product dimensions: | 5.90(w) x 8.90(h) x 0.80(d) |
| Age Range: | 18 Years |