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Tag: William K. Selden

  • The Bank Holiday of 1933 at Princeton University

    Franklin Delano Roosevelt was inaugurated President of the United States on Saturday, March 4, 1933. Immediately following his inauguration weekend, at 1:00 AM on March 6, Roosevelt issued Proclamation 2039. This action ordered all banks in the United States to close. No one would be able to withdraw, transfer, or deposit money between Monday, March…