This book, first published in 1993, examines in detail the bureaucratic and political manoeuvring surrounding the enactment of banking and monetary reforms in the 1930s. Although banking reform influenced the politics of both the Hoover and Roosevelt presidencies, most surveys devote only a few pages to monetary disturbances and the reforms passed as a result.
Table of Contents
1. Introduction 2. Illusions, Confusions and Economic Decline: Banking in 1930-31 3. Banking Reform in 1932 4. Banking Reform During the Interregnum and the Banking Crisis of 1933 5. The Banking Act of 1933 6. Changes in Federal Reserve Power during 1934 7. The Banking Act of 1935 8. Conclusion and Epilogue