Thursday, January 28, 2010

Today in class we are stricty having a work day.. The project is due Tuesday, February 2, 2010. My topics are The Emergency Banking Relief Act slash Bank Holiday and The Main Differences Between the First and the Second New Deal.Today I am mainly getting my research covered for The Emergency Banking Relief Act and putting it into my powerpoint i am doing for my presentation, on Google Documents.Here are my notes so far:-an act of the US Congress started by President Franklin Roosevelt,-during the time of the Great Depression.-passed on March 3, 1933.-allowed a plan that would close down banks that are penniless and reorganize/reopen those banks strong enough to survive-introduced to the public on March 9, 1933, to a session of Congress-actually passed later that same evening,-over 100 Democratic members of Congress to ready to take small steps into addressing to banking failurs and as well as other economicc weaknesses.-passd four days after Franklin D. Roosevlt declard a nation wide bank holiday-Federal Reserve’s commitment to provide unlimited amounts of currency to reopened banks also passed-on March 13, 1933, people had stood in line to return their cash they had had carefully hidden-
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