Hotmail
Messenger
My MSN
MSN Directory
Banking Crisis, 1930s |
||||||
 |
||||||
|
||||||
| By 1933 the banking system in the United States was near collapse. Some banks had made speculative investments in the stock market and were hurt by the crash of 1929. Others failed when depositors, fearing that their bank would go bankrupt, rushed to withdraw their savings. Here, depositors besiege Merchants Bank in Passaic, New Jersey. | ||||||
|
||||||
| UPI/THE BETTMANN ARCHIVE | ||||||
|
||||||
|
||||||
| Appears in these articles: | ||||||
|
||||||
| United States (History); Great Depression in the United States; Insurance; New Deal; Banking | ||||||
|
||||||
|
||||||
|
Advertisement
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||
© 2008 Microsoft
  |