Depression & New Deal.

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Presentation transcript:

Depression & New Deal

Hoover’s Responses Balanced the budget & cut spending Raised interest rates Hawley-Smoot Tariff, 1930 Deportation of 500,00 Mexican and Mexican Americans Bonus Marchers controversy, 1932

FDR & First New Deal Three R’s : relief, recovery, reform Bank Holiday Passage of the 21st amendment Fireside Chats

First New Deal Conservative & Pro-business reforms SEC FDIC AAA NIRA

First New Deal Civilian Conservation Corps (CCC) Tennessee Valley Authority, (TVA) Indian Reorganization Act

Depression Era Building Projects

Criticism of FDR From the right: accusations of socialism From the left: belief that his efforts didn’t go far enough “Thunder on the Left” Dr. Francis Townsend Upton Sinclair Senator Huey Long

Dr. Francis Townsend Retired physician, California Introduced an idea for pension plans Had a great deal of public support Dr. Francis Townsend

Upton Sinclair Author and political candidate, California End Poverty in California (EPIC) “The American People will take Socialism, but they won’t take the label. I certainly proved it in the case of EPIC. Running on the Socialist ticket I got 60,000 votes, and running on the slogan to ‘End Poverty in California ‘I got 879,000.”

Huey Long Governor & later Senator of Louisiana “Share-Our- Wealth” campaign Slogan: “Every Man a King”

“This Land is Your Land’ This land is your land, this land is my land From California to the New York Island, From the Redwood Forest, to the Gulf stream waters, This land was made for you and me As I went walking that ribbon of highway And saw above me that endless skyway, And saw below me the golden valley, I said: This land was made for you and me. I roamed and rambled and followed my footsteps To the sparkling sands of her diamond deserts, And all around me, a voice was sounding: Was a high wall there that tried to stop me A sign was painted said: Private Property, But on the back side it didn’t say nothing When the sun come shining, then I was strolling In wheat fields waving and dust clouds rolling; The voice was chanting as the fog was lifting: One bright sunny morning in the shadow of the steeple By the Relief Office I saw my people As they stood hungry, I stood there wondering if

Second New Deal National Labor Relations Act (Wagner Act) Social Security Act Works Progress Administration Fair Labor Standards Act

New Deal Key terms: Bonus Army, Bank Holiday, SEC, FDIC, AAA, NIRA, Woody Guthrie, Francis Townsend, Upton Sinclair, Huey Long, Wagner Act, Social Security Act, WPA,