1930's_New_Deal_A-E

1930's_New_Deal_A-E - 1/22/09 FDR A. The New Deal Restores...

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1/22/09 1 FDR A. The New Deal Restores Hope • FDR promised a “New Deal” for the American people • He focused on Relief, Recovery & Reform • In his inauguration he stated… “the only thing we have to fear, is fear itself” • Joining his coalition and supporting his cause were: – Southern whites – Northern urban blacks – Small farmers – Blue Collar workers 1. Fireside Chats • To communicate with the people, FDR gave bi-weekly press conferences & he spoke to the nation via the radio • These “fireside chats” were comforting to the nation 2. Second bonus march • Bonus marchers returned to Washington under the new administration • FDR provided campsites for the veterans, Eleanor visited the veterans, and FDR said he would support paying the veterans a bonus! • What a change from Hoover!!
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1/22/09 2 B. FDR’s Team Aids and Advisors FDR surrounded himself with eager and hardworking individuals 1. He called his advisors his “Brain Trust” 2. Cabinet Positions and Heads of Agencies included Democrats and Republicans Work Relief • Harry Hopkins Secretary of State • Cordell Hull Secretary of the Interior • Harold Ickes Secretary of Labor • Frances Perkins • First woman cabinet member Division of Negro Affairs of the National Youth Administration • Mary McLeod Bethune • She also organized a Federal Council on Negro Affairs, this unofficial group became known as FDR’s “Black Cabinet” meeting weekly to inform FDR on issues facing the black community during the depression
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1/22/09 3 3. Eleanor Roosevelt • Very important to FDR’s public image • She was an outspoken advocate primarily for groups that supported women and African Americans • Eleanor won over the black community when she planned an open concert for opera great Marian Anderson on the steps of the Lincoln memorial • Anderson would sing “We Shall Overcome” C. John Maynard Keynes “Keynesian Economics” • Deficit spending • Gov’t should spend massive amounts of money on goods and services to increase demand and revive production D. Domestic Policies “The first 100 days” The First New Deal (March-June 1933) • Massive projects were pushed through in the first 3 1/2 months of his presidency • All presidents since FDR have been judged by what they have accomplished in their 100 days too. 1. Emergency Banking Relief Act EBRA • Day after his inauguration (March 5, 1933) FDR ordered a total “bank holiday” closing all banks nationwide • The goal was to stop the run on banks • The EBRA was passed in 4 hours in Congress to help the failing banks
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1/22/09 4 • Treasury Dept. inspects all banks • Sound banks can reopen • Those moderately bad could reopen
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1930's_New_Deal_A-E - 1/22/09 FDR A. The New Deal Restores...

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