Fifth cousin of Theodore Roosevelt Married TR’s niece Eleanor, a tall very unattractive woman who had a brilliant mind FDR was born into wealth, had graduated from Harvard, been a state legislator, Assistant Secretary of the Navy for Wilson, candidate for Vice-President, and governor of New York. The 6’2” tall Roosevelt was stricken with polio in 1921. This became the making of the leader Roosevelt. Eleanor became his legs and conscience. Unlike TR who was confrontational, FDR was conciliatory. As Governor of New York, he spent great amounts of money to help relieve the suffering of “the forgotten man”. It would be better to spend money than lose humanity. The wealthy considered Roosevelt a traitor to his class The Republicans re-nominate Hoover, but they're not enthusiastic about their chances. Roosevelt wanted to repeal prohibition, a balanced budget and social and economic reforms. Roosevelt’s theme was “Happy Days are Here Again” Hoover campaign was “It could have been worse.” Roosevelt won in a landslide. March 4, 1933 – Speech broadcast over the radio Denounced the money changers who had brought the calamity Government must wage war on the Great Depression “Let me assert my firm belief that the only thing we have to fear is fear itself.” Recovery Relief Reform FDR closes the banks 3/06/33 Beer Wine Revenue Act 03/22/33 Unemployment Relief Act (CCC) 03/31/33 Gold surrender 4/5/33 Abandon gold standard 4/19/33 Federal Emergency Relief Act 05/12/33 Agricultural Adjustment Act 5/12/33 Tennessee Valley Authority Act Federal Securities Act 05/18/33 Gold Payment Clause Repeal 06/05/33 Home Owners Loan Corporation 6/13/33 NRA and PWA created 6/16/33 Glass-Steagall Reforms create FDIC 6/16/33 Short term goals were relief and immediate recovery within two years Long term – permanent recovery and reform of abuses of the economic system The public loved this even if it didn’t work because the government was making movement Lots of old progressive ideas Hopkins , a New Yorker, led the FERA and later the CWA a temp agency of the government Frances Perkins , another New Yorker, first Female cabinet member – Sec. of Labor. Involved in labor since the Triangle Shirtwaist Fire. Huey P. Long – progressive governor of Louisiana who ruled with dictatorial powers. Later U.S. Senator made pie in the sky promises. Known as the Kingfish “Everyman a King” , “Share the Wealth” Take the money from the wealthy and give each family $5,000. Assassinated in Louisiana in 1935 “Now, ladies and gentlemen, if I may proceed to give you some other words that I think you can understand -- I am not going to belabor you by quoting tonight -- I am going to tell you what the wise men of all ages and all times, down even to the present day, have all said: That you must keep the wealth of the country scattered, and you must limit the amount that any one man can own. You cannot let any man own $300,000,000,000 or $400,000,000,000. If you do, one man can own all of the wealth that they United States has in it.” Catholic priest with a radio show that very anti New Deal. Had 40,000,000 radio fans until his anti-Semitic and fascist rhetoric turned off America. Very isolationist A California doctor whose savings had been wiped out. His plan was for the government to give seniors $200 a month provided that the money be spent in the month. He had over 5,000,000 followers. Against the New Deal Called the NRA – Nuts Running America The NRA symbol that blue buzzard The Federal Housing Administration Created in 1934 to give small loans to homeowners to remodel or complete new homes. It is still around today Unemployment insurance and old age pensions 1935 Provided federal – state unemployment insurance Retired workers would receive regular payments from Washington Provisions made for the blind, physically handicapped and orphans Paid by payroll taxes By 1939, 45 million people were eligible for Social Security You have to be employed to be covered The NRA was declared unconstitutional by the Supreme Court Called the Sick Chicken ruling Said Congress couldn’t delegate legislative powers to the executive branch Right for labor to engage in selforganization Bargain collectively Unskilled laborers organized themselves – CIO Bloody strikes with workers killed by the police Fair Labor Standards Act (Wages and Bills) minimum wage and 40 hours work week Roosevelt renominated The party’s platform stood squarely on the New Deal Republicans nominate Alfred Landon , governor of Kansas Republicans condemned Franklin Deficit Roosevelt Accused Roosevelt of making the U.S. Socialist President Roosevelt took oath on Jan 20, 1937 as prescribed by the 20th amendment Roosevelt felt that his election was a mandate to do what he wanted Became impatient with the makeup of the Supreme Court Asked for the ability to appoint a judge for every justice over the age of 70. The maximum membership would be 15 justices Public angered because Roosevelt seemed to be doing away with checks and balances Congress rebelled and Roosevelt lost his party for the first time Eventually age gave Roosevelt the ability to appoint 9 justices. Still had 15% unemployment In 1937, the economy took a major swing down Roosevelt decide to embrace John Maynard Keynes economic policy of deficit spending. A major turning point for the economy The Legacy of the New Deal • The New Deal operated to balance competing economic interests. • The New Deal’s mediating role established the broker state, which helped work out conflicts among different interests. • The New Deal had limited success, but gave Americans a stronger sense of security and stability. The Legacy of the New Deal • The New Deal brought a new public attitude regarding the government. • The program gave Americans a safety net that provided safeguards and relief programs to protect them from economic disaster. 1. 2. 3. 4. Was the New Deal a success? Why or why not? How radical was the New Deal? Create an acrostic for New Deal Create a political cartoon about the legacy of the New Deal