Rockoff, Hugh (contributor) - 2002 - [Elektronische Ressource]
crucial year 1930. When the crisis worsened, state and local authorities began declaring "bank holidays,ʺ which limited the … right of depositors to make withdrawals, a movement that culminated in the declaration of a national bank holiday by … President Roosevelt. In retrospect the policy advocated periodically by the Federal Reserve Bank of New York, the purchase of …