Title: The Great Depression

Essay Details

Subject: Speeches
Author: Angela W
Date: January 30, 2012
Level: University
Grade: A
Length: 3 / 619
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

In December 1931 he called on Congress to establish the Reconstruction Finance Corporation. The corporation was authorized to loan money to banks, railroads, etc. But the R.F.C. did not help reverse the depression. President Roosevelt moved decisively upon assuming office. His first act was to declare a national banking holiday for four days...

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The corporation was authorized to loan money to banks, railroads, etc. But the R.F.C. did not help reverse the depression. President Roosevelt moved decisively upon assuming office. His first act was to declare a national banking holiday for four days. He then called the Congress to a special session...

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