The banking system created a massive debt during the great depression due to increased investment in the stock market, as well as loaning credit out to people that became unable to repay them. By the time the stock market crashed on October 29th, 1929, the banks had literally run out of money, leaving many people penniless as others tried taking their savings out.
Stephen Grover Cleveland was the 22nd and 24th President of the United States. He was the winner of the popular vote for president three times – in 1884, 1888, and 1892
