In this Book
- The Banking Crisis of 1933
- Book
- 2014
- Published by: The University Press of Kentucky
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 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.
Table of Contents
- Title, Copyright
- pp. ii-v
- Acknowledgments
- pp. viii-ix
- I. PROSPERITY AND DEPRESSION
- pp. -20
- II. HOOVER'S SOLUTIONS
- pp. 21-52
- III. LECTION AND INTERREGNUM
- pp. 53-75
- IV. MICHIGAN
- pp. 76-101
- V. INVESTIGATION
- pp. 102-127
- VI. EXIT HOOVER
- pp. 128-150
- VII. ENTER ROOSEVELT
- pp. 151-177
- VIII. REOPENING
- pp. 178-201
- IX. THE BANKING ACT OF 1933
- pp. 202-222
- X. CONCLUSION
- pp. 223-235
- Selected Bibliography
- pp. 236-261