To put an end to the bank failures during the 1930s President Franklin Roosevelt declared a bank holiday and temporarily closed all banks.

Name: To put an end to the bank failures during the 1930s President Franklin Roosevelt declared a bank holiday and temporarily closed all banks.
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This is true. On March 6, 1933, President Franklin Roosevelt declared a bank holiday and temporarily closed all banks to prevent further bank failures and restore public confidence in the banking system.

To Put an End to the Bank Failures During the 1930s