The New Deal I. The First New Deal A. Popular Revolt B. Roosevelt’s Values C. Policy 1. Relief 2. Recovery C. Problems II. The Second New Deal A. Competitors-- Long, Townsend, Coughlin B. Policies 1. Labor 2. Relief 3. Social Security C. Opposition D. Election of 1936 E. Court Packing Crisis
Values Public control –Economic morality Cooperation –End of individualism Experimentation –Emergency mentality
Money and Banking Money supply –Gold Standard –Inflation Bank Holiday –stop runs Glass-Steagal –Deposit insurance
Public Works Administration Jobs Infra- structure Construction of the Triborough Bridge
Civilian Conservation Corps Jobs –33% unemployment Conservation –Plant trees –Build parks
Tennessee Valley Authority Jobs Stop flooding Electricity
Rural Electrification
National Recovery Administration Economic Planning Industrial Codes Section 7A-- labor unions
Agricultural Adjustment Administration Raise Prices –Subsidies –Organization
Competitors “Share the Wealth” 40M listen to Coughlin on radio 5M join Townsend Clubs Sen. Huey Long Father CoughlinDr. Francis Townsend
National Labor Relations Act Encourage collective bargaining to stabilize wages Guarantees right to join a union NLRB –arbitrates –counts ballots Sit-down strike at GM 4.7M workers strike in 1937
Works Progress Administration Jobs Culture –Writers, artists, actors Radical Politics –Cradle Will Rock
Federal Theatre Project
Social Security Old Age benefits Payroll tax
Dissenters Liberty League –Al Smith, DuPont FDR wins by 11M (30%) Alf Landon Al SmithHoover
The Supreme Court Four Horsemen –McReynolds –VanDeVanter –Sutherland –Butler Decisions –Void NRA, AAA (1935) Packing Scheme (1937) Switch in Time –Roberts United States Supreme Court, 1932