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(20th Amendment)

? March 5th (next day) FDR claimed a national bank holiday, took the nation off of the gold standard and got the Emergency Banking Bill pass

? Emergency Banking Bill passed March 9th 1933

? Unanimous vote at 1pm in congress

? went to senate and was passed and by 8pm FDR signed it in

? FDR began the “fireside chats” and people began returning their money to the banks

? In the next “100” days, FDR sent 14 major bills signed into law

? Injected the government into private corporations

? Passed many acts (see other notes on presentations)

? 1935, FDR increased government role in society

? Introduced Rural Electrification Administration (helped farmers get electricity)

? Passed the Wagner Act (helped employer-employee relations)

? Social Security act of 1935 – insured workers against unemployment, injury on the job, and old age

? No other welfare system in the world taxed money from the earnings of workers

? huge change in American society

? Made in a way so it could withstand political challenges

? President says it may not make economic sense but it made political sense

? President said that if you pay your money every week then you have a moral and legal right to take it back and be a part of the country

? Once the euphoria died down, the New Deal had critics in both the liberal and conservative parties

? Most rigorous critics were in the wealthy class because of the way unions were promoted by more government regulation of businesses and more taxes on the rich (whom are used to getting everything they want and not having much government intervention)

? 1936 Election

? FDR's dangerous opponent: Huey Long (governor of Louisiana)

? Long is extremely popular – did a lot for Louisiana and improved everything there

? “Share the wealth” program – tax wealthy and redistribute it (100% tax for people making over $1 million a year)

? Another opponent: Father Charles Coughlin

? Roman Catholic Priest

? Had a popular radio program

? At first, he supported FDR but later he felt that the government was not doing enough to help the current situation

? Created National Union for Social Justice

? Wanted to propose a new government called Social Justice because he felt capitalism was dying (new government resembled Italian fascism {dictator})

? Another challenger: Dr...

(20th Amendment)

? March 5th (next day) FDR claimed a national bank holiday, took the nation off of the gold standard and got the Emergency Banking Bill pass

? Emergency Banking Bill passed March 9th 1933

? Unanimous vote at 1pm in congress

? went to senate and was passed and by 8pm FDR signed it in

? FDR began the “fireside chats” and people began returning their money to the banks

? In the next “100” days, FDR sent 14 major bills signed into law

? Injected the government into private corporations

? Passed many acts (see other notes on presentations)

? 1935, FDR increased government role in society

? Introduced Rural Electrification Administration (helped farmers get electricity)

? Passed the Wagner Act (helped employer-employee relations)

? Social Security act of 1935 – insured workers against unemployment, injury on the job, and old age

? No other welfare system in the world taxed money from the earnings of workers

? huge change in American society

? Made in a way so it could withstand political challenges

? President says it may not make economic sense but it made political sense

? President said that if you pay your money every week then you have a moral and legal right to take it back and be a part of the country

? Once the euphoria died down, the New Deal had critics in both the liberal and conservative parties

? Most rigorous critics were in the wealthy class because of the way unions were promoted by more government regulation of businesses and more taxes on the rich (whom are used to getting everything they want and not having much government intervention)

? 1936 Election

? FDR's dangerous opponent: Huey Long (governor of Louisiana)

? Long is extremely popular – did a lot for Louisiana and improved everything there

? “Share the wealth” program – tax wealthy and redistribute it (100% tax for people making over $1 million a year)

? Another opponent: Father Charles Coughlin

? Roman Catholic Priest

? Had a popular radio program

? At first, he supported FDR but later he felt that the government was not doing enough to help the current situation

? Created National Union for Social Justice

? Wanted to propose a new government called Social Justice because he felt capitalism was dying (new government resembled Italian fascism {dictator})

? Another challenger: Dr...

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