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  • FDRs first fireside chat: the banking crisis | Miller Center
    Financial panic led millions to rush to their banks to withdraw all of their deposits And they were right to wonder if their money was safe: More than half of the country’s banks had either failed or suspended withdrawals The day he entered office on March 4, 1933, President Roosevelt took action, declaring a banking holiday for March 6
  • That First Fireside Chat was All About the Banks
    The Great Depression brought a lot of turmoil to American banks and in 1933 President Roosevelt created a "bank holiday" as a way for the government to stabilize the situation; he then took to the radio to explain the situation in his first Fireside Chat
  • “More Important Than Gold”: FDR’s First Fireside Chat
    “More Important Than Gold”: FDR’s First Fireside Chat When President Franklin D Roosevelt took office in 1933, one in four Americans was out of work nationally, but in some cities and some industries unemployment was well over 50 percent Equally troubling were the bank panics
  • American Rhetoric: Franklin Delano Roosevelt - First Fireside Chat . . .
    First of all, let me state the simple fact that when you deposit money in a bank, the bank does not put the money into a safe deposit vault It invests your money in many different forms of credit -- in bonds, in commercial paper, in mortgages and in many other kinds of loans
  • Fireside Chat: Banking Crisis - FDR Presidential Library Museum
    On his first full day in office, FDR confronted his greatest challenge— the banking crisis that threatened to destroy America’s economy Roosevelt began with a decisive act Declaring a “bank holiday,” he temporarily closed all the nation’s banks
  • Franklin D. Roosevelt First Fireside Chat Transcript
    Franklin D Roosevelt I want to talk for a few minutes with the people of the United States about banking -- with the comparatively few who understand the mechanics of banking -- but more particularly with the overwhelming majority who use banks for the making of deposits and the drawing of checks
  • On the Bank Crisis - FDR 1933
    It follows the full text transcript of Franklin D Roosevelt's first fireside chat, On the Bank Crisis, broadcast from the White House, Washington D C - March 12, 1933
  • FDR’s First Fireside Chat: The Banking Crisis - The Moderate Voice
    To stop the run on banks, many states simply closed their banks the day before Roosevelt’s inauguration Roosevelt himself declared a four-day “bank holiday” almost immediately upon


















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