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The 'holiday' ended on March 13 for the 12 federal reserve banks, and by March 15 for all banks, which then had to apply for a license. [3] Two thousand banks did not reopen after the holiday. On the same day, President Roosevelt placed an embargo on the export of gold and suspended the payment of gold to satisfy government obligations. [28]
March 17 - President Roosevelt holds a press conference in which he speaks against a congressional movement to abolish the 40 hour work week. [105] Roosevelt also states his intent to ask Congress the following day for an increase of seventeen and a half billion toward army warplanes.
Franklin D. Roosevelt: 4,422 [b] 32nd • March 4, 1933 – April 12, 1945 [c] Three full terms; died 2 months and 23 days into fourth term 2 tie: Thomas Jefferson: 2,922 3rd • March 4, 1801 – March 4, 1809: Two full terms James Madison: 2,922 4th • March 4, 1809 – March 4, 1817: Two full terms James Monroe: 2,922 5th • March 4, 1817 ...
By the time Roosevelt took office, gubernatorial proclamations had closed the banks in 32 states; in the remaining states, many banks were closed and depositors were permitted to withdraw only five percent of their deposits. [15] On March 5, Roosevelt declared a federal bank holiday, closing every bank in the nation.
One of his final stays in Florida was 91 years ago this month when President-elect Roosevelt spoke in downtown Miami on Feb. 15, 1933 — 17 days before his scheduled inauguration at the U.S. Capitol.
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1756 - St. Patrick's Day is celebrated in New York City for the first time (at the Crown and Thistle Tavern). 1776 - American Revolution: British forces evacuate Boston, Massachusetts after George Washington and Henry Knox place artillery overlooking the city. 1845 - The rubber band is patented.