"Phantom of Fear"

The Banking Panic of 1933

Robert Lynn Fuller (Autor)

Buch | Softcover

287 Seiten

2011
McFarland & Co Inc (Verlag)
978-0-7864-6510-1 (ISBN)

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In March 1933, in one of his first acts as president, Franklin Delano Roosevelt declared a bank holiday throughout the United States. Considered by many to be a bold step to curb the mounting bank crisis, the decree closed banks in all 48 states and overseas territories, putting money out of reach of citizens, businesses and all levels of government. This narrative history recounts and explains the economic, financial and political backgrounds of the banking panic, arguing that the holiday was not only unnecessary but actually damaging to the economy. The holiday did, however, provide Roosevelt with the momentum to push through a series of historic reforms that remade the federal government. This revisionist work not only reveals the circumstances around the panic but debunks numerous myths that have clung to it ever since.

Robert Lynn Fuller has taught history at colleges and universities in Virginia, Maryland, and South Carolina. He lives in Richmond, Virginia.

Table of Contents

Acknowledgmentsviii

Introduction

One—Boom, Crash, and Slump

Two—President Hoover Hesitates

Three—Political Clouds Darken

Four—Indecision in 1932

Five—1933

Six—Panic in Detroit

Seven—The Spreading Panic

Eight—The Crisis in the White House

Nine—President Roosevelt Takes the Helm

Ten—Recovery and Reform

Epilogue: The Banks and the Depression After the Holiday

Conclusion

Chapter Notes

Bibliography

Index

Erscheint lt. Verlag	30.12.2011
Zusatzinfo	notes, bibliography, index
Verlagsort	Jefferson, NC
Sprache	englisch
Maße	178 x 254 mm
Gewicht	499 g
Themenwelt	Geisteswissenschaften ► Geschichte ► Regional- / Ländergeschichte
	Geschichte ► Teilgebiete der Geschichte ► Wirtschaftsgeschichte
	Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
	Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre
ISBN-10	0-7864-6510-7 / 0786465107
ISBN-13	978-0-7864-6510-1 / 9780786465101
Zustand	Neuware