1. WAIMH
Franklin Roosevelt

2. Election of 1932
Election of 1932Herbert Hoover (Rep) v. Franklin D. Roosevelt (Dem)
Hoover’s campaign: booed; blamed for G.D.
FDR’s campaign: cheered; attacked Republicans over collapse; promised a “New Deal” to Americans
FDR won the election by a landslide

4. FDR’s New Deal Based on the 3 R’s relief, recovery, and reform
Assembled the “Brain Trust” a group of advisers to FDR
FDR’s first hundred days was filled with new programs aimed to end the woes of Americans

5. FDR’s Inaugural Address, 1933
His primary task was to restore confidence of a badly shaken nation
“Let me assert my firm belief that the only thing we have to fear is fear itself”
Reviewed the problems of values, unemployment, lack of government involvement

6. “Our greatest primary task is to put people to work.”
“there must be strict supervision of banking and investments; end of speculation with others’ money”
“With this pledge, I assume the leadership of this great army of our people dedicated to an attack upon our common problems.”

7. Fireside Chats
New form of communication through radio; FDR 1st president to ever use radio on a regular basis to talk to American people

8. FDR and the New Deal

9. What is FDR doing in the cartoon?
What relationship between FDR and Congress does this cartoon show?
What does this cartoonist probably think about FDR’s leadership?

11. Once inaugurated, immediately declared a “bank holiday” that closed American banks for four days to evaluate banking system
Following day, Congress passed the Economy Act—cut salaries of federal employees and reduced veteran’s benefits
FDR signed a bill legalizing the manufacture and sale of beer21st Amendment (1933) repealed 18th Amendment
Restored a sense of calm to the nation

12. To support the New Deal programs, FDR began “deficit spending”spending borrowed money
Programs provided a safety net for Americans
To help labor disputes, FDR set up arbitration boards to help restart the economy

13. New Deal Programs
Emergency Banking Relief Act—allowed the inspection of all banks by the government before reopening
Civilian Conservation Corps put millions of young men to work on environmentally beneficial projects
Federal Emergency Relief Act gave money to states to support failing relief efforts

14. Agricultural Adjustment Act reduced crop production in an effort to raise prices, while the gov’t provided subsidies to farmers for leaving their land idle
Tennessee Valley Authority authorized the completion of 32 dams along the Tennessee River
Glass-Steagall Act created the Federal Deposit Insurance Corporation (FDIC) which guaranteed deposits up to $2500

15. National Industrial Recovery Act provided money to state and city governments to provide jobs for unemployed
National Housing Act guaranteed mortgage payments to banks who lent money to home buyers—lead to more home construction
Works Progress Administration employed millions of Americans in public works projects

16. National Labor Relations Act (Wagner Act) allowed unions the right to organize and bargain collectively
Social Security Act provided insurance for the elderly and unemployed
Fair Labor Standards Act set a minimum wage and set standards of child employment and hours

17. Other New Deal programs
Civil Works Admin (CWA) employed 4 million (300,000 women) to work on temporary projects
Securities and Exchange Commission (SEC) regulated the stock market
Farm Security Administration and Rural Electrification Administration sought to alleviate farmers’ problems

18. FDR Tackles Tough Problems
FDR’s Policy
Failing banks
Federal Deposit Insurance Corporation (FDIC) insures bank deposits

19. FDR Tackles Tough Problems
FDR’s Policy
Unsafe stock market
Securities and Exchange Commission (SEC) regulates stock market

20. FDR Tackles Tough Problems
FDR’s Policy
Desperate plight of farmers
Government pays farmers subsidies
Tennessee Valley Authority (TVA) builds dams in the Tennessee River valley to control floods and to generate electric power

21. FDR Tackles Tough Problems
FDR’s Policy
Problems in industry
National Recovery Administration (NRA) develops codes for industries to set minimum wages for workers and minimum prices of goods

22. FDR Tackles Tough Problems
FDR’s Policy
Joblessness
Civil Works Admin. (CWA) provides jobs on public-works projects
Public Works Admin. (PWA) creates jobs in construction
CCC provides jobs for 2 million young men
Federal Emerg. Relief Act (FERA) grants federal funding to state and local agencies to help the unemployed