| Informacje o vormasnjmy |
| Dołączył: |
08-01-2022 |
| Ostatnia wizyta: |
(ukryte) |
| Razem postów: |
0 (0 postów dziennie | 0 procent wszystkich postów)
(Znajdź wszystkie posty) |
| Razem wątków: |
0 (0 wątków dziennie | 0 procent wszystkich wątków)
(Znajdź wszystkie wątki) |
| Spędzony czas online: |
(ukryte) |
| Poleconych użytkowników: |
0 |
|
|
0
Reputation
| Dodatkowe informacje o vormasnjmy |
| Bio: |
In mid-February 1933, banking troubles developed in Detroit, Michigan. The RFC was prepared to make a loan to the troubled bank, the Union Guardian Trust, to prevent a crisis. The bank was one of Henry Ford's banks, and Ford had deposits of $7 million in this specific bank. Michigan Senator James Couzens demanded that Henry Ford subordinate his deposits in the struggling bank as a condition of the loan. If Ford concurred, he would run the risk of losing all of his deposits before any other depositor lost a cent. Ford and Couzens had actually once been partners in the automotive service, but had actually become bitter competitors.
When the settlements stopped working, the governor of Michigan stated a statewide bank holiday. In spite of the RFC's desire to assist the Union Guardian Trust, the crisis could not be prevented. The crisis in Michigan resulted in a spread of panic, initially to surrounding states, but eventually throughout the country. By the day of Roosevelt's inauguration, March 4, all states had stated bank holidays or had limited the withdrawal of bank deposits for cash. As one of his first function as president, on March 5 President Roosevelt revealed to the nation that he was stating an across the country bank holiday. Practically all monetary institutions in the nation were closed for company throughout the following week. https://giphy.com/channel/duburgtazm |
| Sex: |
Male |
|
