1. Chapter 26 APUSH Mrs. Price
“When you get to the end of your rope, tie a knot and hang on.” – Franklin Delano Roosevelt

2. Franklin D. Roosevelt Elected in 1932 Projected optimism
1st president to use radio – fireside chats
Close relationship with press

3. Eleanor Roosevelt
Important asset
FDR’s eyes & ears

4. Brain Trust
FDR’s advisors
Intellectuals
young

5. The New Deal Based on Keynesian economics
Takes US off the gold standard
The 3 Rs: Relief, Recovery, & Reform

6. Hundred Days March 9 – June 16, 1933
FDR pushed through several pieces of legislation
Congress very accommodating

7. Saving the Banks Bank Holiday (March 6, 1933 for 4 days)
Emergency Banking Act: Treasury Dept inspects banks
Glass-Steagall Banking Act: created the FDIC

8. Dealing with Want: Federal Emergency Relief Act
$3 billion to states for relief payments or work projects
To keep people from starving

9. Saving America’s Farms: Agricultural Adjustment Act
System to provide cash subsidies to farmers who cut production
Displaced sharecroppers (white & black)

10. Restarting the Factories: National Recovery Administration
Codes for production, prices & labor
Established minimum wage ($13 a week) & 40 hr work week
Outlawed child labor (under age of 16)
Ruled unconstitutional in 1935 (Schechter v. U.S.)

11. Putting People Back to Work
Civilian Conservation Corps: young men; reforestation & conservation work
Public Works Administration
Civil Works Administration: temporary work projects

12. Ending Rural Poverty & Electrifying the Nation
Tennessee Valley Authority: 20 dams
Rural Electrification Administration: 10% of farms to 40%

13. Stock Market Fixes
Securities & Exchange Commission (SEC): to police stock market
Truth in Securities Act of 1933: companies have to give full & accurate info

14. Critics of the New Deal American Liberty League
- Formed in August 1934 by Al Smith & John Davis
- Wealthiest opponents of FDR
- Northern industrialists
- believed New Deal was
violation of personal &
property rights

15. Critics of the New Deal Dr. Francis Townsend Pension plans for elderly
Over 60 would get $200/month if they retired
Helped build support for Social Security

16. Critics of the New Deal Father Charles Coughlin
Catholic priest w/radio show
Created National Union for Social Justice
Proposed monetary reforms: back to silver standard, nationalize the banking system

17. Critics of the New Deal Senator Huey Long From Louisiana
Share-Our-Wealth Plan: wealth redistribution
Tax the wealthy & give $ to the poor

18. Minorities & New Deal Many programs were for whites only
AAA displaced over 200,000 black tenant farmers
Mexican Americans were denied access
Efforts to help Native Americans were not implemented

19. 2nd New Deal Launched in spring 1935
Response to political pressures & continuing economic crisis

20. Works Progress Administration
1935
Led by Harry Hopkins
Work relief
Built public buildings, roads & bridges
Employed artists & writers
Kept 2.1 million workers employed

21. WPA Sewage Project

22. WPA Projects

23. Social Security Act
1935
Assistance for elderly: need-based or for retirement ($22/month)
Unemployment insurance
Aid to disabled people & dependent children

24. National Labor Relations Act
Aka Wagner Act (1935)
Created the National Labor Relations Board
Employers had to recognize & bargain with unions
FDR supported law to get labor support

25. Revenue Act 1935 Raised tax rates on annual income above $50,000
Raised taxes on corporations

26. Court Packing Plan
Feb 1937
FDR proposed adding up to 6 new justices to the Supreme Court
Angry about the court declaring New Deal laws unconstitutional
Congress refused to go along w/FDR
Court began to uphold New Deal laws

27. Impact of the New Deal WWII ended the Depression, not the New Deal
Did not re-distribute wealth
Restored public confidence
New groups gained influence
Economic development of West & South
Created Federal Welfare State