Election of 1932  Franklin Roosevelt  Political Experience  Personality and Disability  Reform minded  Overwhelming victory!  The New Deal  Was not idle during 4 month waiting period  “Brain Trust”- diverse group of influential men and women  Promised the American people “A New Deal”

The Hundred Days  Bank Holiday, March 5  March 9- June 16, 1933  Intense activity  New Deal legislation  Fireside Chats  Radio show  Issues of public concern  Clear, simple language

The Hundred Days  Banking and Finance  Regain public’s trust in banks  Glass-Steagall Act (attempt to reorganize banking)  Established Federal Deposit Insurance Act (FDIC)  Federal Securities Act  Provide complete information on all stock offerings and made them liable for any misrepresentation  Securities and Exchange Commission (SEC)  Raise taxes by taxing alcohol

Ready for some “Alphabet Soup?” CCC AAA NIRA HOLC FHA FERA NRA

Helping the American People  Rural Help  Agricultural Adjustment Act (AAA)  Raise prices, lower production  Work Projects  Civilian Conservation Corps (CCC)  Work building roads, developing parks, planting trees, help in soil-erosion and flood control projects  Segregation in Virginia  National Industrial Recovery Act (NIRA)  Money for states to create jobs in the construction of schools and other community buildings  Civil Works Administration (CWA)  4 million immediate jobs tch?v=URqvgTUekQQ

Other Programs  Home Owners Loan Corporation (HOLC)- provided government loans to homeowners who faced foreclosure because they could not meet their loan payments  Federal Housing Administration (FHA)- furnish loans for home mortgages and repairs.  Federal Emergency Relief Administration (FERA)- provide direct relief to the needy  National Recovery Administration (NRA)- set price of products and established standards  Promote fair practices, promote industrial growth

FDR 1932  "The country needs and, unless I mistake its temper, the country demands bold, persistent experimentation. It is common sense to take a method and try it: If it fails, admit it frankly and try another. But above all, try something."

American Liberty League  Conservatives in 1934  Wanted to defend and uphold the Constitution  Opposed the New Deal  Violated respect for rights of individuals and property

Conservative Critics: Dr. Francis Townsend Charles Coughlin Huey Long appeal to poor Americans