1. The New Deal

2. Hard Times
“ I can remember the first week of the CWA checks. It was on a Friday. That night everybody had gotten his check. The first check a lot of them had in three years I never saw such a change of attitude. Instead of walking around feeling dreary and looking sorrowful, everybody was joyous. Like a feast day. They were toasting each other. They had money in their pockets for the first time.”

3. FDR Elected 1932 Franklin Delano Roosevelt becomes president
Democrats also take Congress
Surrounds himself with a “brain trust”
Plans for 4 months before taking office
Promises a “New Deal” for America
First Hundred Days passes 15 major legislations
Starts expanding governments role in the economy

4. Bank Reform Everyone still taking $$ out of banks FDR closes all banks
Banks quickly closing
FDR closes all banks
Bank Relief Act passed to inspect all banks
Only good ones can reopen
Fireside chats to reassure people
Glass-Steagal Act establishes FDIC (up to $5,000)
Federal Securities Act makes corporations report legitimate numbers
Avoid another stock market crash
Repeals Prohibition and taxes alcohol

5. Relief for Americans Help for Farmers: Help for workers
Agricultural Adjustment Act (AAA) paid farmers to plow over fields and slaughter pigs
Less crops/animals = higher prices
Help for workers
Civilian Conservation Corps
Plant trees, dig roads
Paid $30 a month; $25 sent home
Civil Works Administration
Public work projects built schools, roads, paid rural teachers
4 million immediate jobs made available

6. The Supreme Court FDR wins reelection in 1936
Feels America loves all of his ideas
FDR has several big New Deal programs defeated
Proposes bill: I add a new judge for every judge over 70 years old
He’d add 6 judges
Huge public outcry