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Bank stabilization
FDR proposed a piece of legislation to stabilize the country's failing banking system. -
Economy Bill
Slashing government spending by cutting $500 million in scheduled payments to veterans adn federal employees. -
FDR's first Fireside chat
The president gave the first of his many fireside chats on the day before the first banks were to reopen. -
Civilian Conservation Corps
Put 250,000 young unemployed men to work in reforestation development of the National Parks and Forests. -
Agricultural Adjustment Act
THis act sought to destroy crops to raise the price -
Federal Securities Act
Committed the federal government to the regulation of Wall street. -
Glass-Steagall Act
This established tyhe Federal Deposit Insurance Corporation. This provided federal insurance for individual bank accounts up to $5,000. -
Indian Reorganization Act
John Collier had helped arrange this act -
Federal Housing Administration Created
Passed to insure loans for construction and repairs of homes. -
Emergency Relief Approprations Act
Allocates $5 billion for work relief projects administered through the new Works Progress Administrations. -
National Industrial Recovery Act was ruled unconstitutional
National Industrial Recovery Act was ruled unconstitutional on this day. -
Social Security Act
FDR signed the SS Act on this day. -
Social Secuirty Act is upheled by Supreme Court
The constitutionality of the Social Security Act was upheld on this date. -
Gone With the Wind
Gone With the Wind came out this year and is one of the most popular films of all time. -
Union membership grew to more than 10 million
Union membership grew from 3 million in 1933 to over 10 million in 1941.
