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may 13, 1932 - Reconstruction Finance Corporation (RFC)

Description:

Federally funded corp meant to give ‘emergency loans’ to railroads, banks, life insurance companies, etc | Hoover said it would help small businesses via trickle down economics, but democrats claimed it only benefited the rich

Added to timeline:

AP US History

ByZoe
10 May 2018
1
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1632

Date:

may 13, 1932
Now
~ 94 years ago
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