The New Deal

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The New Deal
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• Federal Deposit Insurance Corporation
• FDR closes all banks in the US for 4 DAYS!!!
• Federal government will insures ones money if
  lost in banks.
• Insures individual bank deposits.
• How much money would the FDIC insure bank
  deposits for in the 1930s?
• 5000
• What about today?
• 250,000

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Tennessee Valley Association

• Americans living in the Tennessee River Valley
  were among the poorest in the nation.
• The TVA built a series of dams in the Tenn. river
  valley to control floods and to generate power.
• Also replanted forests, built fertilizer plants,
  created jobs and attracted industry with the
  promise of cheap power.
• The Civilian Conservation Corps (CCC) was created
  to offer work to more than 2 million young men.

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CWA String Quartet Fundamentals class in
Minnesota
TVA Big Ridge Dam in Tennessee
CCC Auto-Mechanics Training in Wisconsin.
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The Second New Deal

• The U.S. was one of the only industrialized
  countries not to have some form of pension
  program for the elderly.
• The Social Security Act provided pension,
  unemployment insurance as well as insurance for
  work-related injuries.
• Applied mostly to the fields of industry.

• Works Progress Administration(WPA) Created new
  jobs by rebuilding roads, harbors, water
  conservations, etc.

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The Supreme Court

• In 1935, the Supreme Court killed both the NRA
  and AAA.
• Court-reorganization plan Court Packing Plan,
  70.5 years old, add 6 justices
• Outrage from many Republicans and Democrats,
  upset the checks and balances, bill was rejected.
• Aftermath Starting in 1937, the Courts upheld
  the constitutionality of various New Deal laws.
  (Wagner Social Security)

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Cartoon
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Labor Unions

• The Wagner Act gave industrial workers the right
  to join labor unions.
• Gave workers the right to collective bargain.
• Created the National Labor Relations Board (NLRB)
  to look into workers complaints.
• Fair Labor Standards Act Sets a minimum wage
  and maximum work hours in a day

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Opponents of the New Deal

• Liberal Critics
• Socialists opposed because they felt that the New
  Deal benefited businesses too much.
• Huey Long a Sen from Louisiana supported his
  Share the Wealth program which proposed high
  taxes on big business.
• Wanted monies redistributed to the poor.
• Conservative Critics
• Claimed the New Deal gave too much power to the
  government.
• Business leaders opposed increased regulations,
  pro-union stance, and deficit spending.

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Effects of the New Deal

• Many women help lead the New Deal with the help
  of Eleanor Roosevelt.
• Frances Perkins was the 1st female cabinet member
  when she was the Sec. of Labor.
• Eleanor Roosevelt tried to ease racial tensions
  by sitting with black delegates at a conference.

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The New Deal Affects Native Americans

• During the 1930s the Bureau of Indian Affairs
  stopped discouraging the practices of Indian
  religions
• Programs to help Native Americans known as the
  Indian New Deal

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