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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
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Values Public control –Economic morality Cooperation –End of individualism Experimentation –Emergency mentality
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Money and Banking Money supply –Gold Standard –Inflation Bank Holiday –stop runs Glass-Steagal –Deposit insurance
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Public Works Administration Jobs Infra- structure Construction of the Triborough Bridge
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Civilian Conservation Corps Jobs –33% unemployment Conservation –Plant trees –Build parks
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Tennessee Valley Authority Jobs Stop flooding Electricity
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Rural Electrification
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National Recovery Administration Economic Planning Industrial Codes Section 7A-- labor unions
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Agricultural Adjustment Administration Raise Prices –Subsidies –Organization
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Competitors “Share the Wealth” 40M listen to Coughlin on radio 5M join Townsend Clubs Sen. Huey Long Father CoughlinDr. Francis Townsend
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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
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Works Progress Administration Jobs Culture –Writers, artists, actors Radical Politics –Cradle Will Rock
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Federal Theatre Project
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Social Security Old Age benefits Payroll tax
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Dissenters Liberty League –Al Smith, DuPont FDR wins by 11M (30%) Alf Landon Al SmithHoover
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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
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