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American HIstory 1st New Deal

The document outlines the election of 1932, where Franklin Delano Roosevelt won a landslide victory, leading to the implementation of the New Deal aimed at providing relief, recovery, and reform during the Great Depression. Key initiatives included banking reform, assistance for farmers, work projects, and federal emergency relief, although some measures faced criticism and legal challenges. The New Deal also encountered opposition from various critics and led to significant changes in the judiciary under FDR's proposals.

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11 views28 pages

American HIstory 1st New Deal

The document outlines the election of 1932, where Franklin Delano Roosevelt won a landslide victory, leading to the implementation of the New Deal aimed at providing relief, recovery, and reform during the Great Depression. Key initiatives included banking reform, assistance for farmers, work projects, and federal emergency relief, although some measures faced criticism and legal challenges. The New Deal also encountered opposition from various critics and led to significant changes in the judiciary under FDR's proposals.

Uploaded by

Advika
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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A New Deal Fights the

Depression
Election of 1932
● Republicans nominate
Hoover again
● Democrats nominate
Franklin Delano
Roosevelt (FDR)
– 1 term governor of
New York
FDR wins
● Roosevelt won in a
landslide.
– Won pop. vote by 7
million
● Democrats gained
seats in the House and
the Senate.
FDR was active during the
“lame duck” period
●Carefully picked his advisers – the “Brain
Trust”
●Designed a plan to alleviate the country’s
troubles.
●Called the “New Deal” (from a campaign
promise)
The New Deal
● Focused on 3 R’s
– Relief
– Recovery
– Reform
Banking Reform
● FDR declares “bank holiday” 1 day after taking
office
● Emergency Relief Banking Act - Authorized
Treasury Dept. to inspect banks
● Glass-Steagall Act (1933) – established Federal
Deposit Insurance Corporation (FDIC) – insured
individual bank accounts.
Stock Market
●Federal Securities Act – required
corporations to provide info on stocks
●Securities and Exchange Commission
(SEC) – regulates stock market
Joe Kennedy
●First Head of the SEC
●The “Fox in the Hen House”
Help for Farmers
● Agricultural
Adjustment Act
(AAA) – tried to raise
crop prices by
lowering production.
Upset some. Later
struck down by
Supreme Court
Rural Assistance
● Tennessee Valley
Authority (TVA) –
assisted Tennessee
River Valley.
● Provided flood
control, electricity, and
jobs.
Fontana Dam – Western NC
Work Projects
● Civilian Conservation Corps (CCC) – put young
men aged 18-25 to work building roads,
developing, parks, planting trees, other env.
projects
● National Industrial Recovery Act (NIRA) –
gave money to states to create jobs in school and
community construction.
● Civil Works Administration (CWA) – teachers,
etc.
Fair Labor Practices
● National Recovery
Administration (NRA) -
set prices of many
products and est.
standards for labor
● Led to a rise in wages
● NIRA guaranteed workers’
right to unionize and
bargain collectively.
● Later declared
unconstitutional
Help for Homeowners
● Homeowners’ Loan
Corporation (HOLC)
and Nat’l. Housing
Act assist
Homeowners in
paying mortgages.
Federal Emergency Relief
Association
●(FERA) - $500 million in direct relief to
the needy.
Deficit Spending
●Spending more $
than the
government
receives in revenue.
●Keynesian
Economics –
“prime the pump”
New Deal Critics
●Conservatives think government takes too
much power
●Liberals don’t think government does
enough
The New Deal and the Supreme
Court
●The Supreme Court declared the NIRA and
the AAA unconstitutional.
Court Packing
●Judicial Procedures
Reform Bill of
1937
●FDR gets Congress
to reorganize the
judiciary so that he
can appoint six new
Supreme Court
Justices
Court Packing
●(a little like Adams’
Midnight Judges)
●Biden’s suggestion
post-Amy Coney
Barrett appointment
Court Packing
●Caused a rift
among many
Roosevelt
supporters
●One of FDR’s bills
to be defeated by
Congress
Critics of the New Deal
●Father Charles Coughlin
●Dr. Francis Townsend – benefits for the
aged
●Huey Long – assassinated (“Every Man a
King”)
Father Charles Coughlin
●The “radio priest”
Dr. Francis Townsend
●$200/month to the
elderly – must be
spent
●How did it compare
to SS?
Huey Long – “The Kingfisher”
●“Share Our Wealth”
●Nothing below or
over 1/3 of the
average

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