Fdr and the new deal
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FDR and the NEW DEAL. New Deal Programs Voices of Reaction 1936 Election New Deal Coalition Court Packing Plan Legacy?. NEW DEAL PROGRAMS. Federal Emergency Relief Adm. (FERA) $500 m., cash relief to unemployed Against work ethic, ended 1935 Federal Deposit Insurance (FDIC)

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FDR and the NEW DEAL

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FDR and the NEW DEAL

New Deal Programs

Voices of Reaction

1936 Election

New Deal Coalition

Court Packing Plan

Legacy?


NEW DEAL PROGRAMS

  • Federal Emergency Relief Adm. (FERA)

    • $500 m., cash relief to unemployed

    • Against work ethic, ended 1935

  • Federal Deposit Insurance (FDIC)

    • Fed insured bank deposits up to $5000

  • Tennessee Valley Authority (TVA)

    • Public power utilities in rural Tenn. Valley

  • Security and Exchange Com. (SEC)

    • Joseph Kennedy: oversaw stock & bond market

    • Businesses must publish financial report


VOICES OF REACTION

  • The Liberty League: conservative business

    • New Deal violates free enterprise

    • They called it “Communism.” Many Dems

  • Father Charles Coughlin: radio show

    • Populists: free silver, nationalize banks

  • Francis Townsend: old age pension

    • Over 65 gets $200 per month to spend

  • Huey Long: “Share the Wealth”

    • Home, car, radio, and income for all

    • Confiscate millionaire’s wealth


Huey Long of Louisiana


SECOND NEW DEAL

  • Democrats win 1935 mid-term elections huge

  • Works Progress Administration (WPA)

    • Harold Ickes: 10 years, $6 billion: major projects

    • Golden Gate, Boulder Dam, Key West road,

  • Social Security: 3 parts: pension over 65

    • Unemployment, and welfare. Payroll tax “insurance”

  • Wagner Act: established union rights

    • Fair Labor Standards: minimum wage

  • African Americans: not benefited as well

    • But 40% do get aid, 70% vote Democratic

  • Eleanore Roosevelt: helped many groups

    • “My Day:” helped African Americans, more liberal


Eleanore Roosevelt


1936 ELECTION

  • Union Party: Lemke, Townsend, Coughlin

  • Republicans: Alfred Landon of Kansas

  • FDR Victory: 523 to 8 to O

  • New Deal Coalition: New Democratic Party

    • unions, blacks, city workers, rural farmers

  • Court Packing Plan: Supreme Court

    • 50 federal judges, 6 supreme justices

    • Failed, but wins in long term

  • Legacy: Evolution or Revolution? Reform

    • & relief, not recovery. New political coalition.


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