The New Deal I. The First New Deal A. Popular Revolt B. Roosevelt’s Values C. Policy 1. Relief 2. Recovery C. Problems II. The Second New Deal A. Competitors-- Long, Townsend, Coughlin B. Policies 1. Labor 2. Relief 3. Social Security C. Opposition D. Election of 1936 E. Court Packing Crisis

Values Public control –Economic morality Cooperation –End of individualism Experimentation –Emergency mentality

Money and Banking Money supply –Gold Standard –Inflation Bank Holiday –stop runs Glass-Steagal –Deposit insurance

Public Works Administration Jobs Infra- structure Construction of the Triborough Bridge

Civilian Conservation Corps Jobs –33% unemployment Conservation –Plant trees –Build parks

Tennessee Valley Authority Jobs Stop flooding Electricity

Rural Electrification

National Recovery Administration Economic Planning Industrial Codes Section 7A-- labor unions

Agricultural Adjustment Administration Raise Prices –Subsidies –Organization

Competitors “Share the Wealth” 40M listen to Coughlin on radio 5M join Townsend Clubs Sen. Huey Long Father CoughlinDr. Francis Townsend

National Labor Relations Act Encourage collective bargaining to stabilize wages Guarantees right to join a union NLRB –arbitrates –counts ballots Sit-down strike at GM 4.7M workers strike in 1937

Works Progress Administration Jobs Culture –Writers, artists, actors Radical Politics –Cradle Will Rock

Federal Theatre Project

Social Security Old Age benefits Payroll tax

Dissenters Liberty League –Al Smith, DuPont FDR wins by 11M (30%) Alf Landon Al SmithHoover

The Supreme Court Four Horsemen –McReynolds –VanDeVanter –Sutherland –Butler Decisions –Void NRA, AAA (1935) Packing Scheme (1937) Switch in Time –Roberts United States Supreme Court, 1932