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Kellogg-Briand Pact
Kellogg-Briand Pact was signed and it renounced the aggressive of use of force to achieve national goals. -
Period: to
Great Depression
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Stock Mark Crashes
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Smoot-Hawley Tariff
The tariff set tax increases ranging from 31% to 49% on foreign imports; however, European countries enacted higher tariffs on their own against U.S. goods. -
Debt Moratorium
Hoover proposed a moratorium (suspension) on the payment of international debts. The international economy suffered from massive loan defaults, and banks on both sides of the Atlantic scrambled to meet the demands of the many depositors withdrawing their money. -
Bonus March
A thousand unemployed World War I veterans marched to Washington, D.C., to demand immediate payment of the bonuses promised them at a later date. -
Roosevelt Elected
Roosevelt brought change to the United States. He pledged a "new deal" for the American people, the repeal of Prohibition, aid for the unemployed, and cuts in government spending. -
Twentieth Amendment
The amendment shortened the period between presidential election and inauguration. -
The First Hundred Days
During this session that lasted for a hundred days, Congress passed every request that Roosevelt had into law. -
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New Deal
The New Deal was designed to improve conditions for people suffering during the Great Depression. It produced many reforms and programs including the Federal Emergency Relief Administration, the National Recovery Administration, and the Agricultural Adjustment Administration. -
Indian Reorganization Act
The Indian Reorganization Act returned lands to the control of tribes and support preservation of Indian cultures. -
"Share Our Wealth"
Huey Long proposed a "Share Our Wealth" program the promised a minimum annual income of $5,000 for every American family, to be paid for by taxing the wealthy. -
Social Security Act
The Social Security Act created a federal insurance program based upon the automatic collection of payments from employees and employers throughout people's working careers. -
Roosevelt Reelected
Roosevelt's reelection was because of his New Deal, which gained support from African Americans and northern cities who left the Republican Party. Also his active style of personal leadership made him a prime candidate once again. -
Recession
The economy once again had a backward slide and entered into a recessionary period. The new Social Security tax reduced consumer spending at the same time that Roosevelt was curtailing expenditures for relief and public works. -
Judicial Procedures Reforms Bill
The Judicial Procedures Reforms Bill proposed that the president be authorized to appoint to the Supreme Court an additional justice for each current justice who was older than a certain age. -
Fair Labor Standards Act
The Fair Labor Standards Act established several regulations on businesses in interstate commerce: a minimum wage, initially fixed at 40 cents an hour, a maximum standard workweek of 40 hours, with extra pay for overtime, and child-labor restrictions on hiring people under 16 years old. -
Election of 1938
The 1938 elections brought a reduced Democratic majority in Congress. A coalition of Republicans and conservative Democrats blocked further New Deals reform legislation.
