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Election of 1932

The New Deal http:// www.history.com/topics/securities-and-exchange-commission/videos/the-new-deal. Election of 1932. Franklin Roosevelt Political Experience Personality and Disability Reform minded Overwhelming victory! The New Deal Was not idle during 4 month waiting period

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Election of 1932

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  1. The New Dealhttp://www.history.com/topics/securities-and-exchange-commission/videos/the-new-deal

  2. Election of 1932 • Franklin Roosevelt • Political Experience • Personality and Disability • Reform minded • Overwhelming victory! • The New Deal • Was not idle during 4 month waiting period • “Brain Trust”- diverse group of influential men and women • Promised the American people “A New Deal”

  3. The Hundred Days • Bank Holiday, March 5 • March 9- June 16, 1933 • Intense activity • New Deal legislation • Fireside Chats • Radio show • Issues of public concern • Clear, simple language

  4. The Hundred Days • Banking and Finance • Regain public’s trust in banks • Glass-SteagallAct (attempt to reorganize banking) • Established Federal Deposit Insurance Act (FDIC) • Federal Securities Act • Provide complete information on all stock offerings and made them liable for any misrepresentation • Securities and Exchange Commission (SEC) • Raise taxes by taxing alcohol

  5. Ready for some “Alphabet Soup?” NIRA HOLC NRA FHA FERA CCC AAA

  6. Helping the American People • Rural Help • Agricultural Adjustment Act (AAA) • Raise prices, lower production • Work Projects • Civilian Conservation Corps (CCC) • Work building roads, developing parks, planting trees, help in soil-erosion and flood control projects • Segregation in Virginia • National Industrial Recovery Act (NIRA) • Money for states to create jobs in the construction of schools and other community buildings • Civil Works Administration (CWA) • 4 million immediate jobs https://www.youtube.com/watch?v=URqvgTUekQQ

  7. Other Programs • Home Owners Loan Corporation (HOLC)- provided government loans to homeowners who faced foreclosure because they could not meet their loan payments • Federal Housing Administration (FHA)-furnish loans for home mortgages and repairs. • Federal Emergency Relief Administration (FERA)- provide direct relief to the needy • National Recovery Administration (NRA)- set price of products and established standards • Promote fair practices, promote industrial growth

  8. FDR 1932 • "The country needs and, unless I mistake its temper, the country demands bold, persistent experimentation. It is common sense to take a method and try it: If it fails, admit it frankly and try another. But above all, try something."

  9. American Liberty League • Conservatives in 1934 • Wanted to defend and uphold the Constitution • Opposed the New Deal • Violated respect for rights of individuals and property

  10. Conservative Critics: appeal to poor Americans Dr. Francis Townsend Charles Coughlin Huey Long

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