Chapter 15 Section 1 A New Deal Fights

Chapter 15 Section 1 A New Deal Fights The Depression

1932 Election • Franklin D. Roosevelt – governor of N. Y. challenges Hoover

• • • Waiting to Take Over “Brain trust” New Deal – program designed to alleviate the problems of the Great Depression. Relief for the needy Economic Recovery Financial Reform

Hundred Days • March 9 to June 16, 1933 • Significantly expanded the federal government’s role in the nation’s economy

Fireside Chat • Radio talks about issues of public concern, explaining in clear, simple language FDR’s New Deal Measures What was the purpose of the first Fireside chat? Did FDR get his point across? Describe his tone of voice. Would this idea work for a modern day president? Why or why not?

New Deal Programs Program Emergency Banking Relief Act Glass-Steagall Act Federal Securities Act Securities and Exchange Comm. 21 st Amendment Agricultural Adjustment Act Tennessee Valley Authority Civilian Conservation Corps National Industrial Recovery Act Civil Works Administration National Recovery Admin. Home Owners Loan Corp. Federal Housing Admin. Federal Emergency Relief Admin. description

New Deal Comes Under Attack • Deficit spending- spending more money than the government receives in revenue Liberal Critics New Deal didn’t go far enough to help the poor Conservative Critics Spent too much money on direct relief Controlled business and socialized the economy Interfered with freemarket economy

Supreme Court Reacts • The Supreme Court strikes down NIRA as unconstitutional, federal government abused its authority • AAA struck down, agriculture should be a state matter • 1937 FDR appoints liberal Hugo Black to Supreme Court • Over the next few years, the Court begins to favor New Deal legislation

• • Three Fiery Critics American Liberty League- New Deal violated rights of individuals and property Charles Coughlin – Catholic Priest, favored nationalization of banks, guaranteed income Dr. Francis Townsend – devised pension plan to help the elderly Huey Long – Senator from Louisiana, “Share our Wealth” program