2. NEW DEAL
New Deal
Election of 1932
New President
New Ideas

3. NEW DEAL
Depression hit hard
PHASE ONE
First 100 days

4. 15 major pieces of Legislation 3 basic categories of Legislation
NEW DEAL
March 1933 and June 1933
15 major pieces of Legislation
3 basic categories of Legislation

5. Relief = to relieve suffering of the needy
NEW DEAL
Relief = to relieve suffering of the needy
Recovery = lay foundation for economic growth
Reform = prevent future crisis

6. NEW DEAL
Relief

7. Banking concerns Franklin D. Roosevelt
Run on banks contributed to depression

9. “Bank holiday” closed all banks
NEW DEAL
“Bank holiday” closed all banks

10. NEW DEAL
Emergency Bank Act
Treasury Department authorized to inspect all banks

11. Fireside chats explained why banks were closing
NEW DEAL
Fireside chats explained why banks were closing

12. Those deemed solvent reopened Two thirds reopened
NEW DEAL
Those deemed solvent reopened
Two thirds reopened
Restored public confidence in banking industry

13. Glass-Stegal banking act
NEW DEAL
Glass-Stegal banking act
Established Federal Deposit Insurance Corporation (FDIC)
Insured accounts up to 2,500 dollars

14. Federal Emergency Relief Act (FERA)
NEW DEAL
Federal Emergency Relief Act (FERA)
Loans to states to create programs to reduce unemployment

15. Civilian Conservation Corp Federal Emergency Relief Act
NEW DEAL
Civilian Conservation Corp
Federal Emergency Relief Act
Civil Works Administration

16. Civilian Conservation Corps (CCC) 1933 put young men to work
NEW DEAL
Civilian Conservation Corps
(CCC)
1933
put young men to work

18. NEW DEAL
Ages between 18-28
Forest and parks
Popular of all New Deal
Temporary employment about 1 year
Lasted until 1934

19. Civil Works Administration (CWA) Temporary program
NEW DEAL
Civil Works Administration (CWA)
Temporary program
Get people back to work
Winter 1934

21. 4 million had government jobs
NEW DEAL
4 million had government jobs
Make busy work
Severe criticism

22. SEC (Security and Exchange Commission) Regulated stock market
Franklin D. Roosevelt
SEC (Security and Exchange Commission)
Regulated stock market
Took nation off gold standard

23. Dollar would compete with other currency
Franklin D. Roosevelt
Dollar would compete with other currency

24. Agriculture Adjustment Act
Franklin D. Roosevelt
RECOVERY
Agriculture Adjustment
Act

25. Increase farm income by reducing crop growing
Franklin D. Roosevelt
Increase farm income by reducing crop growing
Paid farmers not to grow crops
Tax on food processors paid the shortfall

26. By 1935 farm income raised by 50 percent
Franklin D. Roosevelt
By 1935 farm income raised by 50 percent
However some small and tenant farmers were forced off land

27. Franklin D. Roosevelt TVA Tennessee Valley Authority
Developed area that was eroded

28. Over cut forests led to uncontrollable flooding of Tennessee River

29. Rural area void of electricity Series of dams and locks
Franklin D. Roosevelt
Rural area void of electricity
Series of dams and locks
Made river navigable
Generated electricity for entire rural region

32. Greatly improved standard of living
Franklin D. Roosevelt
Greatly improved standard of living
Conflict between large utilities and government
Ashwander v. TVA (1936)

33. Franklin D. Roosevelt
Supreme Court ruled in favor of government because land to develop TVA was acquired legally

34. FDR AND THE NEW DEAL
Created Public Works Administration (PWA)
Building projects including dams and buildings
Not as successful business did not trust government

36. FDR AND THE NEW DEAL National Recovery Act (NIRA)
“codes of fair competition”
Minimum wage
Maximum hours
Price fixing controls
Collective bargaining

37. FDR AND THE NEW DEAL
NRA was collapsing before it was deemed unconstitutional by Supreme Court

38. American Liberty League
NEW DEAL
Critics of the New Deal
American Liberty League

39. Extremes

40. NEW DEAL
Right of the political spectrum
New Deal was “dictatorial” doing too much
Far left (not doing enough)

41. Retirement plan for seniors over 60 $200 a month
NEW DEAL
Townsend Plan
Retirement plan for seniors over 60
$200 a month
Workers would retire from work force thus freeing jobs

42. Must spend the $200 thus pumping money into economy
NEW DEAL
Must spend the $200 thus pumping money into economy

43. Rejected by Congress but laid foundation for Social Security Act
NEW DEAL
Rejected by Congress but laid foundation for Social Security Act

44. Father Charles Coughlin
NEW DEAL
Father Charles Coughlin

45. Proposed nationalization of banks Far right
NEW DEAL
Radio personality
Proposed nationalization of banks
Far right

46. NEW DEAL
Huey P Long

47. Supporter of Roosevelt In 1932 Disillusioned wirh New Deal

48. Proposed a Share the Wealth Plan
NEW DEAL
Not doing enough
Proposed a Share the Wealth Plan

49. NEW DEAL
Rich would be taxed and everyone in US would receive a payment of 2500 dollars a year

50. Long’s plan was never implemented or discussed
NEW DEAL
Long’s plan was never implemented or discussed
He was assassinated by his son-in- law

51. NEW DEAL

53. Reform

54. Franklin D. Roosevelt
Second New Deal

55. National Youth Administration 1/3 under 24 were unemployed Gave jobs
Franklin D. Roosevelt
National Youth Administration
1/3 under 24 were unemployed
Gave jobs

56. Stimulate economy plus giving immediate aid
Franklin D. Roosevelt
“pump and prime”
Stimulate economy plus giving immediate aid

57. National Labor Relations Act creation of NLRB
Franklin D. Roosevelt
National Labor Relations Act creation of NLRB
Allowed to workers to elect
Which union they wanted to join

58. No discrimination if they joined a union
Franklin D. Roosevelt
No discrimination if they joined a union

59. Pension supported by taxes for elderly Small pension for elderly
Franklin D. Roosevelt
Social Security
Pension supported by taxes for elderly
Small pension for elderly
Unemployment compensation

61. Health insurance was dropped in a compromise
Franklin D. Roosevelt
Support for survivors
Health insurance
Health insurance was dropped in a compromise

62. Banking Act of 1935 Franklin D. Roosevelt
Increased the power of the Federal Reserve Board
Federal Housing Authority
FHA

63. Home loans at discounted rates
Franklin D. Roosevelt
Home loans at discounted rates
Increased home ownership to low and middle class

64. Republicans gained seats in election of 1934 and 1938
Franklin D. Roosevelt
Republicans gained seats in election of 1934 and 1938
Challenged New Deal
Took many to Supreme Court

65. New Deal programs were deemed unconstitutional
Franklin D. Roosevelt
New Deal programs were deemed unconstitutional
1938 Roosevelt suggested to add 4 judges to court and replace all over 70

66. This would have swayed the court “Court Packing”
Franklin D. Roosevelt
This would have swayed the court
“Court Packing”
Proofed to be a mistake for Roosevelt

70. Franklin D. Roosevelt
Failed however several judges retired allowing Roosevelt to appoint new judges
He got what he wanted

72. Legacy of the New Deal FDR AND THE NEW DEAL
1. Extension of Federal Power
2. Extension of the Power of the President

73. 4. Federal Social Programs
FDR AND THE NEW DEAL
3. Deficit Spending
4. Federal Social Programs

74. FDR AND THE NEW DEAL
5. Greater Concern for Labor and Workers
6. Conservation Gains
7. Renewal of the faith in Democracy

75. FDR AND THE NEW DEAL
New Deal will influence lives to the present
Trouble on the Horizon

77. New Deal

79. FIRESIDE
Chats

82. Nothing to fear but fear itself

84. Great Depression

86. New Deal

88. FIRESIDE
Chats

90. Banking Holiday

92. Federal Deposit Insurance Corporation

94. Securities and exchange Act

96. Civilian
Conservation Corp

98. Relief
Recovery
Reform

100. Glass Steagle Act

102. Franklin Delano Roosevelt