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Hoover plan aims to stabilize banks and extend credit
President Hoover unveils a comprehensive banking stabilizing program after conferring with senators and representatives. It envisions a private 500 million dollar bank crisis corporation, expanded rediscounting, and a larger federal land bank network to aid farmers, plus talks with France on an international moratorium.
MENTIONED IN THIS ARTICLE
Hoover
White House
Senate
House
Reserve Board
Federal Land Bank
Laval
France
Washington
Congress
Federal Financed Corporation
War Finance Corporation