How did Hoover try to help the banks during the depression?

He broke with Republicans and did away with the taxes that had been placed on citizens during the Coolidge administration. He thought that would allow for more income being spent to help the economy rebound. He spent $500 million a year on public works and government programs to build or improve government properties. The most famous was the Hoover (Boulder) Dam. Congress established the Reconstruction Finance Corporation (continued by FDR) which created an agency to help banks, railroads, and other key businesses to stay in business thus helping the economy. All of these things could not stem the tide of the economic collapse. Hoover believed in a balanced budget and not pumping government money into the economy.

The league of nations was found in 1919 to keep peace after world war l.but it failed to prevent world war ll in 1939,so in 1945 the nations of the world set up a new organization,the united state (un).since then, the un has encouraged international cooperation and worked to resolve conflict

Federal deposit insurance corporation