Question

what was the bank holiday

Answer 1

The Bank Holiday was when all of the banks were closed down due rat poisoning

Answer 2

all banks closed down

Answer 3

The new president announced a "bank holiday" on March 6, 1933, and closed every bank in the country. They would remain closed until Department of the Treasury officials could inspect each institution's ledgers. Banks in viable financial condition would be primed with Treasury money and permitted to do business again. Those found in marginal condition were kept closed until they could be restored to a sound footing. Numerous banks that had been poorly run remained closed forever.

Answer 4

New, in this case, referring to FDR.