|
U.S. History Chapter 19
Presidential Election of 1932:
- Hoover v. Roosevelt
- Listen to inaugural speech - March 4, 1933
- Franklin D. Roosevelt - Democrat - promised New Deal
- Avoided making specific promises
- Roosevelt favored repeal of prohibition whereas Hoover wanted revision
- Herbert Hoover - Republican - widely blamed for the Great Depression; for more than two years Hoover had been issuing statements that the worst was over, only to have the economy make further downturns.
- Roosevelt was optimistic and confident
- Biggest Democratic victory since Civil War (57.4% of popular vote)
- Democrats won big majorities in House and Senate
The New Deal:
- First hundred days
- Enormous amount of legislation passed
- Roosevelt called special session of Congress
- Fireside chats
- Use of radio to explain things and restore confidence
- First one used to explain Emergency Banking Relief Act
- Emergency Banking Relief Act
- Ordered a nationwide bank holiday
- Treasury Department would inspect nation's banks
- Those banks that were sound could reopen at once
- Those that needed help could receive loans
- Insolvent ones would stay closed
- Restored confidence in banking system
- Took US off gold standard
- Civilian Conservation Corps
- Unemployed single males between 17 and 28
- Built roads, planted trees, helped in soil erosion and flood control projects
- Lived in camps run by army officers
- $30 a month ($22 of which was sent to dependent families)
- Free food and uniforms
- Federal Emergency Relief Act
- $250 million given to states to be spent on food and clothing for the unemployed
- Additional $250 million given as matching funds
- Civil Works Administration
- Gave aid to people through local authorities
- Created government jobs, many of which were unnecessary
- Agricultural Adjustment Act
- Paid farmers a certain amount for land left unseeded
- Caused prices to rise and farmers to receive more income
- Tennessee Valley Authority
- Regional planning
- Helped conserve and develop natural resources by building dams to control the Tennessee River and to provide hydroelectric power
- Resulted in new factories, new energy and new jobs
- Economy Act
- Lowered salaries of government workers
- Reduced payments to veterans
- Home Owner's Loan Corporation
- Government loans to homeowners facing foreclosures
- Glass-Steagall Act
- Set up Federal Deposit Insurance Corporation to protect deposits up to $5000
- National Industrial Recovery Act
- National Recovery Administration
- Set up fair trade codes
- Price controls
- 40 hour work week
- Abolished child labor
- Set a minimum wage
- Recognized right to unionize
- Set up National Labor Board to settle disputes
- Public Works Administration
- Government spent money on necessary projects to create jobs
The Second New Deal:
- Began in 1935 after 1934 elections gave Democrats an even larger majority in Congress
- Emphasis shifted from relief and recovery to reform
- Works Progress Administration
- Create jobs
- 1935 - 1941
- Construction
- Writers, artists, musicians, actors
- Accused of exchanging jobs for votes
- Social Security Act
- Pension for retired workers
- Death benefits to children under 18
- Not tied to need
- Tax split between employer and employee
- Securities and Exchange Commission
- Power to prevent insider trading
- Joe Kennedy put in charge
- Revenue Act of 1935
- Attempt to break up large accumulations of wealth
- Increased gift and estate taxes
- Increased rates for those with higher incomes
- Graduated corporate tax that favored small business over large
- Banking Act of 1935
- Replaced old Federal Reserve Board with 7 member board appointed by the president
New Deal under attack:
- NIRA and AAA declared unconstitutional
- Liberty League
- Most members rich
- Opposed New Deal as an attack on the rich
- Extremists
- Thought New Deal did not go far enough
- Upton Sinclair
- Wanted higher income and inheritance taxes
- $50 a month pension for the elderly
- Dr. Francis Townsend
- Devised a plan to pay everyone over 60 $200 a month
- Defeated in Congress but helped push through Social Security Act
- Father Charles Coughlin
- Radio preacher
- Wanted to nationalize banks, public utilities, and natural resources
- Huey Long (Kingfish)
- Louisiana
- Elected to Senate in 1930
- Share the Wealth" program
- $5000 guaranteed yearly income for every family
- Take over wealth of millionaires
- Divide up some of nation's land and natural resources
- Roosevelt's biggest threat until he was killed in 1935
Presidential Election of 1936:
- Roosevelt - Democrat
- "Are you better off now than you were 4 years ago"
- Alf Landon - Republican
- Landslide for Roosevelt (60.8% of popular vote)
- Landon got only 8 electoral votes
- Coalition formed
- Blacks, labor unions, Catholics, the South
Court Packing Plan:
- Judiciary Reorganization Bill of 1937
- Claimed federal judiciary could not keep up with caseload
- More judges needed some judges too old
- Proposed that judges retire within 6 months of turning 70
- If they do not, president has the power to appoint new judges
- Six members of Supreme Court over 70
- Roosevelt would be able to enlarge court to 15
- Set off protest that Roosevelt was grabbing too much power
- Bill failed to get through Congress
- Two judges changed votes on New Deal legislation
- Conservative judge died
- Attempt to pack Court strengthened opposition to New Deal
- 1938 elections brought in many Republicans and conservative southern Democrats
- By 1939 New Deal was over
Changes during 1930's:
- Industrial unionism grew
- Committee for Industrial Organization formed within the AFL
- Began signing unskilled and semiskilled workers
- Jealousy caused AFL to expel CIO unions in 1937
- CIO changed name to Congress of Industrial Organizations
- AFL-CIO combined again in 1955
- Some advances for blacks
- New Deal programs supposedly color blind
- Blacks used as administrators of agencies
- Roosevelt listened to opinions of highly placed black government workers
- CIO included black members
- Supreme Court upheld right of counsel for blacks and right to be tried by juries that included blacks
- Roosevelt entertained blacks at the White House
- In 1939 the Daughters of the American Revolution (DAR) refused use of Constitution Hall for Marion Anderson concert
- Eleanor Roosevelt resigned from organization and arranged for concert to be held at Lincoln Memorial
- The "Scottsboro Boys" Trials - 1931 to 1937
- Some advances for women
- Eleanor Roosevelt
- Very assertive
- Represented Franklin at meetings
- Campaigned for him
- Helped make policy concerning women and minorities
- Women were most popular movie stars
- Margaret Mitchell wrote Gone With The Wind which won Pulitzer Prize in 1937
- Amelia Earhart was first woman to fly across the Atlantic alone in 1932
- Lost in Pacific attempting around the world flight
Disagreement over New Deal:
- Pros
- Raised income of farmers and workers
- Helped preserve natural resources
- Provided cushion for sick and aged
- Enabled unions to organize
- Added to material wealth of nation
- Ended business excesses
- Guaranteed safety of bank deposits
- Reduced unemployment
- Cons
- Raised national debt
- Doubled federal bureaucracy
- Failed to end the depression
- 7.5 million still unemployed in 1940
- The end of the depression was brought about by WWII
- Politically it changed people's views about the role of government
- Government responsible for economic welfare
The Dust Bowl:
Will Rogers and Wiley Post:
- "Oklahoma's Favorite Son"
- The "Cherokee Cowboy"
- Referring to Leon Trotsky, Rogers said, "I bet you if I had met him and had a chat with him, I would have found him a very interesting and human fellow, for I never yet met a man that I didn't like."
|