US Treasury Secretary William Woodin speaks in Washington, DC

The transcript discusses the return of money to banks between March 4th and March 30th, totaling about $1 billion, including over $600 million in gold. It highlights the importance of returning hoarded money to stimulate business recovery. The government is taking steps to address the depression, with public support being crucial for success.

What was the total amount of money returned to the banks between March 4th and March 30th?

• 1 billion 160 million dollars

• 2 billion dollars

• 750 million dollars

• 500 million dollars

What was included in the returned amount to the banks?

• Government bonds

• Foreign currency

• Gold coin and gold certificates

• Silver coins

How can returning hoarded money into active use affect the economy?

• It will stimulate business recovery

• It will increase unemployment

• It will decrease inflation

• It will reduce government debt

What steps is the government taking to address the depression?

• Raising interest rates

• Cutting public spending

• Relieving other phases of the depression

• Increasing taxes

What is essential for the government to accomplish its task during the depression?

• International aid

• Public support

• Lowering taxes

• Increasing exports