New Deal America

New Deal America - New Deal America FDR and the Great...

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New Deal America FDR and the Great Depression
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The Election of 1932 Republicans nominate Herbert Hoover for a second term Hoover has become increasingly fatalistic about the Depression The Democrats nominate Franklin Delano Roosevelt FRD has no solid plan for recovery, but presents an positive outlook Socialists nominate Norman Thomas Socialist Party has increased their numbers
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Roosevelt in Office Clear victory for FDR – 23 million votes/472 electoral college votes to Hoover’s 16 million and 59 electoral college votes Thomas gained 882,000 votes Roosevelt offers a “New Deal” for the people of America FDR brings together the “brain trust” advisors to provide their expertise and suggest solutions FDR inaugurated March 4, 1933 “The only thing we have to fear is fear itself…”
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Roosevelt’s Plan Provide emergency relief Direct aid to individuals and states Remedy banking crisis Locate banks that were in good shape and assist the ones that were not Promote industrial recovery Cooperation between labor and management Stimulate the economy through federal works projects
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Roosevelt’s First Actions Bank Holiday – March 6, 1933 Closed all banks for four days Passed Emergency Banking Act Reopened banks that were sound “Fireside chats” Weekly radio talks Economy Act of 1933 Balance federal budget Cut salaries of government employees Reduce veterans’ pensions
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Legislation Repeal of Prohibition Temporary measure to allow 3.2% beer Agricultural Adjustment Act of 1933 Henry Wallace Secretary of Agriculture Attempt to control overproduction Pay subsidies for not planting crops Wheat/cotton/corn/rice/tobacco/hogs/dairy Rural Electrification Administration – 1935 Make electrical power available through utility cooperatives
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National Industrial Recovery Act National Recovery Administration (NRA) 1933 The Blue Eagle – “We do our part!” slogan Starts off well with public support but becomes an administrative mess
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New Deal America - New Deal America FDR and the Great...

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