The New Deal I. The First New Deal A. Popular Revolt B. Roosevelt’s Values C. Policy 1. Relief 2....
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Transcript of The New Deal I. The First New Deal A. Popular Revolt B. Roosevelt’s Values C. Policy 1. Relief 2....
The New DealI. The First New Deal
A. Popular RevoltB. Roosevelt’s ValuesC. Policy
1. Relief2. Recovery
C. ProblemsII. The Second New Deal
A. Competitors-- Long, Townsend, Coughlin
B. Policies1. Labor2. Relief3. Social Security
C. OppositionD. Election of 1936E. 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
Competitors• “Share the Wealth”• 40M listen to Coughlin on
radio• 5M join Townsend Clubs
Sen. Huey Long
Father Coughlin
Dr. Francis Townsend
National Labor Relations Act
• Encourage collective bargaining to stabilize wages
• Guarantees right to join a union
• NLRB– arbitrates– counts
ballotsSit-down strike at GM4.7M workers strike in 1937
Works Progress
Administration• Jobs
• Culture– Writers,
artists, actors
• Radical Politics– Cradle Will
Rock