HIS October 21 - October 21, 2009 The New Deal I. Franklin...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
October 21, 2009 The New Deal I. Franklin D. Roosevelt: Privileged and radical? II. The First New Deal a. Banking i. Shut down banks for several days, emergency banking loans b. Employment i. Government partnered with business to control wages ii. Section 7A gave rights to labor unions to collectively bargain with their employers c. Rural planning i. Tennessee Valley Authority begins competing with private firms ii. AAA provides loans to farmers for storing crops: keeps supply down, prices up iii. Dust Bowl also keeps supply down in 1930s iv. FDR protected homeowners by backing mortgages and builds units of low income housing d. Pushback from Supreme Court i. To what extent are these measures constitutional? ii. 1935: unanimously struck down the NIRA (7A) saying government cannot set wages, interfering with commerce especially when it’s not interstate; struck down AAA for interfering with supply and demand iii. FDR disagrees, threatens to “pack the court”, members are too old and
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/11/2011 for the course HIS 312 taught by Professor Anderson during the Fall '09 term at University of Texas at Austin.

Page1 / 2

HIS October 21 - October 21, 2009 The New Deal I. Franklin...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online