1.

Record Nr.

UNINA9910460703403321

Autore

Kennedy Susan Estabrook

Titolo

The banking crisis of 1933 / / Susan Esfabrook Kennedy

Pubbl/distr/stampa

Lexington, Kentucky : , : University Press of Kentucky, , 1973

©1973

ISBN

0-8131-6330-7

Descrizione fisica

1 online resource (280 p.)

Disciplina

332.1/0973

Soggetti

Banks and banking - United States

Banking law - United States

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Based on the author's thesis, Columbia University.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Cover; Title; Copyright; Contents; Chapter; Acknowledgments; I. PROSPERITY AND DEPRESSION; II. HOOVER'S SOLUTIONS; III. LECTION AND INTERREGNUM; IV. MICHIGAN; V. INVESTIGATION; VI. EXIT HOOVER; VII. ENTER ROOSEVELT; VIII. REOPENING; IX. THE BANKING ACT OF 1933; X. CONCLUSION; Selected Bibliography; Index;

Sommario/riassunto

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 1920's 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