Political Quotes

FDR: The purpose of the Deposit Liquidation Division will be to stimulate and encourage liquidating agents of banks closed…

On the recordOctober 14, 1933
The purpose of the Deposit Liquidation Division will be to stimulate and encourage liquidating agents of banks closed after January 1, 1933, to borrow from the Reconstruction Finance Corporation.
Said by
FDR
Democratic · New York

Editor's note · Context

Statement on the Establishment of the Deposit Liquidation Board

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