SAVING PRIVATE CAPITALISM: THE U.S. BANK HOLIDAY OF 1933
This paper examines the week-long U.S. bank holiday of 1933, in which President Franklin D. Roosevelt responded to a banking panic by closing all of the banks and promising that the government would review them and reopen only those that were solvent. When the banks reopened the panic was over, as d...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Economic & Business History Society
2011-06-01
|
| Series: | Essays in Economic and Business History |
| Online Access: | https://www.ebhsoc.org/journal/index.php/ebhs/article/view/212 |