Full text of Banking Holiday of 1933 : President's Proclamation

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FEDERAL RESERVE BANK
OF
ST. LOUIS
March 9, 1933.

P R E S I D E N T S PROCLAMATION
To All Banks in District No. 8:
Following is the text of the proclamation signed by the President of the
United States tonight:
"Whereas on March 6, 1933, I, Franklin D. Roosevelt, President of the
United States of America, by proclamation declared the existence of a National
emergency and proclaimed a bank holiday extending from Monday the 6th
day of March to Thursday the 9th day of March, 1933, both dates inclusive,
in order to prevent the export, hoarding or earmarking of gold or silver coin,
or bullion or currency, or speculation in foreign exchange; and
"Whereas, under the Act of March 9, 1933, all proclamations heretofore
or hereafter issued by the President pursuant to the authority conferred by
Section 5 (B) of the Act of October 6, 1917, as amended, are approved and
confirmed; and
"Whereas, said National emergency still continues, and it is necessary
to take further measures extending beyond March 9, 1933, in order to accomplish such purposes;
Now, therefore, I, Franklin D. Roosevelt, President of the United States
of America, in view of such continuing National emergency and by virtue
of the authority vested in me by Section 5 (B) of the Act of October 6, 1917
(40 Stat L 411) as amended by the Act of March 9, 1933, do hereby proclaim,
order, direct and declare that all the terms and provisions of said proclamation of March 6, 1933, and the regulations and orders issued thereunder are
hereby continued in full force and effect until further proclamation by the
President.
In witness whereof I have hereunto set my hand and have caused the
seal of the United States to be affixed.
Done in the District of Columbia this 9th day of March in the year of our
Lord One Thousand Nine Hundred and Thirty-three,
(SEAL)
and of Independence of the United States the One Hundred and Fifty-seventh.
FRANKLIN D. ROOSEVELT
By the President:
CORDELL HULL
Secretary of State.
Respectfully,
WM. McC. MARTIN,
Governor.