Roosevelt Inaugurated as Banking Crisis Tests Resolve
Franklin D. Roosevelt takes the oath and moves swiftly to lead a nation gripped by a banking emergency. He submits cabinet nominations, seeks swift action, and contemplates a special session of Congress as crowds watch the historic inaugural events unfold and the new administration faces urgent economic challenges.
MENTIONED IN THIS ARTICLE
Washington
Mar
Franklin D. Roosevelt
White House
Senate
Roosevelt
Alr
Mr. Roosevelt
Capitol
Congress
Roosevelt Pledges War Powers if Needed to Stem Low Mood
Franklin D. Roosevelt, sworn in as president, promises swift action and a plan to win relief, including asking Congress for broad executive power to wage war against the emergency if normal channels fail. He outlines eight economic measures to put people to work, stabilize currency, aid agriculture, prevent foreclosures, unify relief, and oversee transportation and utilities.
MENTIONED IN THIS ARTICLE
Roosevelt
Washington
Franklin D. Roosevelt
Capitol
Congress
Lam
Ine
T Shell
Roosevelt Calls Meetings to Restore Bank Confidence
President Roosevelt moved boldly to revive national credit, calling Treasury and Federal Reserve leaders to meet, with congressional leaders and bankers slated for discussions. Authorities consider emergency measures such as a possible gold embargo but stress restoring banking confidence and swift action, as nationwide banking restrictions spread.
MENTIONED IN THIS ARTICLE
Washington
Mar
Roosevelt
White House
the Treasury
William H. Woodin
Federal Reserve System
Congres
Cordell Hull
Fair and warmer Tennessee and Virginia forecast
Readings show fair and warmer conditions in Tennessee with Sunday and Monday cloudiness and possible showers in the western portion. Virginia expects fair weather Sunday and Monday with a gradual rise in temperature.
MENTIONED IN THIS ARTICLE
Tennessee
Virginia
Last Lame Duck Session Closes in Turbulent End
The final lame duck session wraps after a record of failures and a few major laws. Speaker Garner bids farewell as Curtis ends forty years in Congress and Roosevelt takes the oath. Cabinet confirmations proceed amid questions over Woodin’s holdings and looming extra sessions to tackle fiscal woes.
MENTIONED IN THIS ARTICLE
Washington
Mar
Cof -Congress
John N. Garner
Senate
Charles Curtis
Kansas
Texas Democrat
Garner
House
Curtis
Congress
Roosevelt
Couzens
RK. Mich
William
Woodin
Secretary of the Treasury
Glass
Virginia
Treasury
New Yorker
Senators Smoot
Utah
Watson
Indiana
Moses
New Hampshire
LaGuardia
New York
Hawley
Oregon
Iwith Smoot
World Finance Shaken By U S Bank Holidays
The text reports widespread dollar suspensions as U S bank holidays affect global finance. London Paris Berlin Rome Madrid Brussels Amsterdam Bern Zurich and Copenhagen note halted dollar quotations, with gold prices unavailable. Banks and exchanges pause payments while hotels and agencies assist travelers.
MENTIONED IN THIS ARTICLE
London
Europe
France
Paris
Berlin
America
Rome
Madrid
Brussels
Amsterdam
Berne
Copenhagen
Havana
United States
Winnipeg Grain Exchange
Wandin to Enter Treasury Post Amid Ceremony
Composed March from Washington notes William H. Wandin joining the cabinet as secretary of the treasury. Those familiar with him say another distinction delights him: the moment Roosevelt entered the Senate chamber, the marine band began The Franklin D. Roosevelt March, before Sousa’s Stars and Stripes Forever.
MENTIONED IN THIS ARTICLE
Washington
Mar
William H. Wandin
Treasury
Roosevelt
Senate
Franklin D. Roosevelt
John Phillip Sousa
Swanson resigns as Secretary of the Navy post read in Senate
A letter from Senator Claude Swanson of Virginia informs the senate that he has mailed the governor of Hig state his resignation to accept the post as secretary of the navy in the Roosevelt cabinet. The note was read shortly after today’s convening.
MENTIONED IN THIS ARTICLE
Washinglan
Olar
Claude Swanson
Virginia
Senate
Hig State
Navy
Roosevelt
States With Banking Closes Limit Withdrawals By March
The Associated Press reports nationwide bank closures and withdrawal limits across states. Many banks are shut or restricting withdrawals to 5 percent plus small amounts, with several states setting dates from March 2 to March 13 for reopening or easing limits.
Fear Fought as Banks Shut and Security Measures Spread
Banks in 48 states were closed or restricted as leaders planned steps to restore financial normalcy. Reports suggested a possible 50 percent federal deposit guarantee. polls pointed to congressional action. Some states kept banks closed until March, while others allowed limited withdrawals and continued commerce with caution.
MENTIONED IN THIS ARTICLE
California
Colorado
Connecticut
Delaware
DIST
Col
Florida
Georgia
Idaho
Illinois
Indiana
Towa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Upper Peninsula
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
South Carolina
South Dakota
Tennessee
Texas
Utah
Associated Press
America
Washington
Congress
Herbert Hoover
Franklin D. Roosevelt
District of Columbia
Enid
Okla
William H. Murray
First National
New York Stock Exchange
Chicago Board of Trade
Vermont
Virginia
West Virginia
Wisconsin
Wyoming
Also Mentioned on This Page
Precentere
Helm
Franklin Delano Roosevelt
Benjamin N. Cardozo
Supreme Court
U.S
Swanson
The
Alabama
Arizona
Arkansas
Pennsylvania
Pittsburgh
Rhode Island
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