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+"Hempstead New York USA" +1934 stock footage and images

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Bank depositors get a million dollar pay-off from U.S. receivers in Hempstead, Long Island.

Customers deposits are returned to them under the auspices of officials who have placed the bank under Federal Receivership. Depositors hadn't been able to make withdrawals,due to the National Financial Crisis. U.S. receivers in Hempstead, Long Island, New York. Interior of bank and people inside. An official speaks on 'repayment of frozen deposits in National bank'. He credits Federal Government for this positive action made possible by enactment of the Reconstruction Finance Commission Act and the Home Owner's Loan corporation Act.

Date: 1934, July 23
Duration: 1 min 12 sec
Sound: Yes
Color: Monochrome
Clip Type: Edited
Language: English
Clip: 65675029865