Roosevelt began by solving the banking crisis

Roosevelt began by solving the banking crisis -...

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Roosevelt began by solving the banking crisis, shutting down banks for four days until  they could be reopened on a firmer basis, and then passed the Emergency Banking Act  to give federal assistance to those banks that were sound. Through the strength of his  optimism alone which he conveyed to the nation over the radio on the first of his many  "Fireside Chats," he managed to quell the flow of withdrawals from the banks.  Emboldened by his success, he pushed through legislation that created organizations  such as the Civilian Conservation Corps (CCC) which paid young men to work on  conservation projects under the Army's supervision, and the Agricultural Adjustment Act  (AAA) which subsidized farmers for limiting acreage and taxed processors of products  to pay for subsidies, and many more. Opposition to FDR's policies came from the left and right–from the left because he did 
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This note was uploaded on 12/14/2011 for the course HIST 2320 taught by Professor Siegenthaler during the Fall '07 term at Texas State.

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