12th MARCH ~ HISTORY ON THIS DAY

March 12th ~ This Day in History video by History.com ~ 1933: Eight days after his inauguration, President Franklin D. Roosevelt gave his first national radio address or “fireside chat,” broadcast directly from the White House on the 12th March 1933. He began that first address with: “I want to talk for a few minutes with the people of the United States about banking.” He then went on to explain his recent decision to close the nation’s banks in order to stop a surge in mass withdrawals by panicked investors worried about the possible bank failures. He said the banks would be reopening the next day, and thanked the public for their “fortitude and good temper” during the “banking holiday.” | & see more about history on this day in the video…