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FDR and the New Deal. FDR and the New Deal. Franklin Delano Roosevelt (D) won the 1932 election vs Herbert Hoover Franklin Roosevelt (FDR) is a distant cousin of Teddy Roosevelt. FDR was serving as governor of New York state. FDR
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FDR and the New Deal • Franklin Delano Roosevelt (D) won the 1932 electionvs Herbert Hoover • Franklin Roosevelt (FDR) is a distant cousin of Teddy Roosevelt. • FDR was serving as governor of New York state. • FDR • He created the “New Deal” which worked on the 3 “R’s” of economic relief, recover, and reform • “Throughout the nation men and women, forgotten in the political philosophy of the Government, look to us here for guidance and for more equitable opportunity to share in the distribution of national wealth... I pledge myself to a new deal for the American people. This is more than a political campaign. It is a call to arms.”
Life of FDR • He grew up on the Hudson River at his families estate in Hyde Park NY. • He married a distant cousin named Eleanor Roosevelt. • Teddy Roosevelt was Eleanor’s Uncle, and stood at her wedding in the place of her father • He served as assistant Secretary of the Navy throughout WWI. • He gotPolioat age 39. This disease would permanently paralyze his legs. • Elected 4 times (4 times total: 1932, 36, 40, and 44)
Sad Marriage • FDR had an affair with Eleanor’s secretary early in their marriage • Nicknamed “Mrs. Johnson” by secret service • Eleanor offered a divorce so that he could be with the women he loved • He promised not to see her…liar • They remained married, but all love was gone • Marriage was political partnership…not love
March 4th, 1933 – Roosevelt takes office (33 days after Hitler becomes Chancellor of Germany • Benito Mussolini has already taken control of Italy • 25% of population is unemployed • 2 million are homeless • price of farming crops are down 60% • America is in the worst economic situation it had ever been in
Americans were anxious to see what FDR would do once he took over. As proven by the election, he had their confidence.
First Hundred Days in Office • FDR picked advisers with many different view points so he could weigh everything equally and make a sound decision. • When he took office there was an immediate bank run and over 4,000 banks collapsed (scared the same thing would happen when Hoover was elected) • On the second day he was in office, he declared a national bank holiday which closed all banks and gave him time to make changes to the banking system • He would make radio speeches to the public known as “fireside chats.” These talks helped restore confidence. • He would begin with “Hello friends” and they became more popular than any of the famous shows during this “Golden Age of Radio” • During this time Congress passed 15 acts to help the crisis of the Depression. • These Acts are what is known as the New Deal.
Examples of the New Deal 1. The Emergency Banking Relief - This issued Treasury Department licenses to banks 2. Securities and Exchange Commission (SEC) - Regulated the stock market and prevented fraud 3. Federal Deposit Insurance Corporation (FDIC) - Provided government insurance for bank deposits up to a certain amount 4. Agricultural Adjustment Administration (AAA) - Gave money to farmers not to grow certain crops to raise demand 5. National Industrial Recovery Act (NIRA) - Allowed business and government to set up rules for each industry
Carl Carmer, April 1945 regarding FDR’s Fireside Chats “I never saw him, but I knew him. I can never forget how, with his voice, he came into our house, the President of the United States, calling us friends…” First Fireside Chat March12, 1933
Examples of the New Deal part 2 6. Civil Works Adminstration (CWA) • Employs people in the raking leaves cycle…self-esteem 7. Farm Credit Administration (FCA) - Helped farmers refinance their mortgages 8. Civilian Conservation Corps (CCC) - Gave young men age 18-25 jobs outdoors jobs like building parks 9. Tennessee Valley Authority (TVA) - Created dams and reservoirs that were used to provide electricity in rural areas 10. Public Works Administration (PWA) - the biggest New Deal program - Built roads, sewer systems, schools, and governmental jobs
CWA making a scenic highway in California…look how many workers
NEW DEAL BEGINS RECESSION Of 1937
New Deal cont… • The New Deal showed how FDR was willing to help America. • Jobs were created, people got to keep their homes, and farmers went back to work. • This plan helped to restore American’s faith in the government. • Things were still rough in America…but seemed better • What FDR did best? • THE NEW DEAL CHANGE THE SPIRIT OF AMERICA…PEOPLE HAD HOPE AGAIN…
“Song of the South” lyrics Sing it[Chorus]Play itSing it[Chorus]Song, song of the southGone, gone with the windSong, song of the south.Sweet potato pie and I shut my mouth.Song, song of the south.Sweet potato pie and I shut my mouth. • Song, song of the southSweet potato pie and I shut my mouthGone, gone with the windThere ain't nobody looking back againCotton on the roadside, cotton in the ditchWe all picked the cotton but we never got richDaddy was a veteran, a southern democratThey oughta get a rich man to vote like thatSing it[Chorus]Well somebody told us Wall Street fellBut we were so poor that we couldn't tellCotton was short and the weeds were tallBut Mr. Roosevelt's a gonna save us allWell momma got sick and daddy got downThe county got the farm and they moved to townPappa got a job with the TVAHe bought a washing machine and then a Chevrolet