Set blocks to stop immigrants from entering political

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-South states (CA, Mississippi etc.) set blocks to stop immigrants from entering ° ° Political Responses ° Hoover ° The first political victim of the Depression
° Used to be a progressive hero, enjoying high prestige, an international celebrity famous for humanitarianism and food relief ° As a Republican, he couldn’t stop the Republican congress to enforce high tariff ° The Reconstruction Finance Corporation: providing funds ? ° Balance the budget by raising taxes ° “Hoovervilles” > the disaster of the Bonus March (McArthur) ° Sinclair: EPIC ° 1934, California > Governor of CA ° The author of Jungle ° Socialist > 1933 Democrats (in order to run for governor) ° Representative of the rise of Communism ° The Utopian dream of commonwealth ° Ending poverty in 1-2 years through abolition of private property ° EPIC (end poverty in California) ° Roosevelt (1932- ° the political winner! —12 years in office, four terms as president ° Landslide election 1932 & 1936 > The Republicans were discredited for a generation, deemed incapable of handling the situation ° the New Deal > The New Deal Coalition: an alliance between northern cities, liberals, African Americans and southern white supremacists. > Big change, but preserved the federal gov. structure ° Old Family (Theodore Roosevelt’s); Harvard & Columbia Law School ° Inauguration Speech: *“The only thing we need to fear is fear itself” ° Strong threat & promise ° The entire country seemed to be behind FDR, “more power to you President!” ° People expect changes, instead of authoritarianism tho ° ° - People tend to blame themselves for unemployment
03/04/2016 ° 2/29 ° ° New Deal ° -major change: redefinition of the relationship btw the (federal) government and ordinary people ° - expansion of government’s role: more ambition than since reconstruction ° ° I. Hundred Days ° A. Banking ° -crisis ° -runs on banks across the country ° -FDR claimed national banking holiday: temporarily close all the banks and no bank could reopen until the treasury could certify that it was OK Fireside chats: FDR speaks to the people through radio, explaining how banks worked the day when banks reopened: more money deposited than withdrawn—success ° -Glass Stiegel Act: created FDIC—ensure banking deposit prohibit banks from doing both commercial banking and investment banking—separation—to protect the depositors repealed in the 1990’s ° -Series of new organizations: CCC FERA: deferral emergency relief administration Agricultural Administration Act: Farmers throw sharecroppers out of work and land ° B. National Recovery Administration ° National Recovery Administration NRA: Goal was to help industry recover from depression. Codes of fair competition: business can fix prices Cooperating firms display the sign of blue eagle to show they participate in NRA.

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