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The Hundred Days - TheHundredDays 's...

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The Hundred Days.  The Hundred Days refers to the almost frantic period of legislative activity initiated by the White  House between March and June 1933 to deal with the immediate economic crisis and the country's  long-term recovery. On March 5, Roosevelt declared a four-day bank holiday. All financial institutions  in the country were closed and, under the Emergency Banking Reform Act (March 9), only those that  were fiscally sound were allowed to reopen. Roosevelt's quick action did much to restore faith in the  banking system. The Glass-Steagall Banking Act (June 16) boosted confidence even further by  setting up the Federal Deposit Insurance Corporation (FDIC), which guaranteed bank deposits up to  $5,000. The Civilian Conservation Corps (March 31) addressed unemployment and provided work 
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  • Fall '08
  • Marshall
  • Federal Deposit Insurance, four­day bank holiday., immediate economic crisis, Muscle Shoals plants, Emergency Banking Reform, Glass­Steagall Banking Act

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