J.P. Morgan (private) bank announces that the banking consortium it organized four months previous to head-off the Panic of 1929, has collapsed.

       [restored 7/1/2022]

Subsequent Events:

6/14/1930                   12/11/1930

References:

Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 322.

The Federal Reserve and you
endthefednc.wordpress.com/

U.S. Banking Timeline
www.libertyforlife.com/banking/currency-us-timeline.html

Current U.s. National Debt:

$36,167,124,467,492

Source