Talk:Emergency Banking Act

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Untitled[edit]

What are some of the reasons that the Emergency Banking Act was a good thing for the American society?

Merge[edit]

Shouldn't this be merged with the new deal? Watersoftheoasis 23:27, 6 March 2007 (UTC)

|No.John Chamberlain (talk) 19:01, 24 July 2009 (UTC)

There is a factual error in the article. It says that March 6, 1933, was the day after FDR's inauguration. Actually, he was inaugurated March 4, 1933--TWO days earlier than March 6. I hope someone knows how to correct this mistake. The article should say that he made the proposal TWO days after his inauguration, not one day after.____ —Preceding unsigned comment added by 12.193.162.212 (talk) 05:59, August 26, 2007 (UTC)

Full Information & NPOV[edit]

I made some significant edits to this article. My main objective was (1) to give full information about the Act, (2) to remove random politicized comments about it. In my view cherry picking some isolated provision out of multi-faceted piece of legislation and then writing up a paragraph about how it was good for the country or bad for the country is not neutral. What belongs in the encyclopedia is a neutral and complete description. What we are trying to do here foremost of all is explain what provisions of the act were to the reader. What the real or imagined consequences of those provisions were is secondary and should only be written up once you have made it clear what the law actually says. John Chamberlain (talk) 19:02, 24 July 2009 (UTC)

Is this act still law?[edit]

This article is written in the past tense, implying that it was subsequently repealed or perhaps modified and incorporated into another law. I would very much like to know the fate of this law, in particular of Title I, Section 3.: "To authorize the Secretary of the Treasury to order any individual or organization in the United States to deliver any gold that they possess or have custody of to the Treasury in return for 'any other form of coin or currency coined or issued under the laws of the United States'". Is that provision still alive. (I strongly suspect it is given the seemingly limitless (IMO) authority of the Treasury to modify business arrangements in recent months and years.) I will be grateful for your help in my quest for this information. —Blanchette (talk) 06:31, 22 May 2010 (UTC)

The article infers all that was put into the 1933 Banking Act passed but, as I just added, actually there was a separate Executive order and a Joint Resolution of Congress afterwards. I'm trying to figure out the most frequently used phrase for doing everything done at that time - or more, like a forced currency exchange. Bank holiday is too narrow. Devaluation seems too broad and off target. Will share when/if remember. Doing some relevant research right now. CarolMooreDC 15:28, 20 January 2012 (UTC)