ocr: A The interregnun also witnessed yet another: fear-driven bankcrisis, ths ene So.! severe thate even President Hoover Was.moved to. take action. Banks were: failing one after theother. Panics were leading to rs OET other banks, which led to more failurès. Frightened people were hoarding RUSTE LU Boldi aad currency, creating further instability. Confidençe in Hoover's abilities. to dealwith crisis had evaporated, and. FDR at first refused to pooperate with him in thel last days ofl bis asistiristration. Sut as. March 4 neared, the rise in public panic forced Hoover and Roosevelti toat last act ...
