12 h 11 min, 16 juin 1933 ans - Government stopped repaying dollars with gold

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Also:
-The Home Owners Loan Corporation refinanced mortgages to prevent foreclosures.
-The Glass-Steagall separated investment banking from retailed banking, and credited the FDIC.
-The National Industrial Recovery Act created the Public Works Administration which added more jobs.
-The National Recovery Administration outlawed child labor, established minimum wage, and limited the workday to 8 hours.
-It also allowed trade unions to bargain with
employers.
-The Emergency Railroad Transportation Act coordinated the national railway systems.