Question
1. March 12, 1933 Fireside Chat on Banking delivered by President Franklin D. Roosevelt: The Fireside Chat on Banking. The president blames speculators for creating
1. March 12, 1933 Fireside Chat on Banking delivered by President Franklin D. Roosevelt: The Fireside Chat on Banking.The president blames speculators for creating the banking panic. TRUE or FALSE? Why? Thank you!
2. March 12, 1933 Fireside Chat on Banking delivered by President Franklin D. Roosevelt: The Fireside Chat on Banking.The president blames corporations for creating the banking panic. TRUE or FALSE? Why? Thank you!
3.March 12, 1933 Fireside Chat on Banking delivered by President Franklin D. Roosevelt: The Fireside Chat on Banking.The President uses the speech to restore the publics confidence in the banking system.TRUE or FALSE? Why? Thank you!
4. March 12, 1933 Fireside Chat on Banking delivered by President Franklin D. Roosevelt: The Fireside Chat on Banking. The President explains the currency is being supplied to banks so that the banks can reopen and meet the demand for currency by depositors. The currency supplied to individual banks is independent of the quality of the banks assets. This is to assure the public that no depositor will suffer any losses. FDR emphasizes that the government will absorb all losses rather than depositors. TRUE or FALSE? Why? Thank you!
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