New Deal Policies

Franklin D. Roosevelt elected president

Nov 8, 1932

Roosevelt was elected president on Tuesday, November 8, 1932.

First New Deal

Period: Mar 4, 1933 to Jan 1, 1935

This was a relief effort. Administration focused on immediate relief for unemployment, low agricultural prices, and confidence in banks.

Four Day "bank-holiday"

Mar 5, 1933

FDR issues a proclamation declaring a four day "bank-holiday" throughout the nation.

Four Day "bank-holiday" becomes effective

Mar 6, 1933

Banking transactions stop and embargo on exportation of gold, silver, and currency.

Reforestation Relief Act

Mar 31, 1933

Established the Civilian Conservation Corps (CCC). This provided work for 250,000 young men aged 18-25 in reforestation, road road construction and in national parks.

Reforestation Relief Act

Mar 31, 1933

Established the Civilian Conservation Corps (CCC). This provided work for 250,000 young men aged 18-25 in reforestation, road road construction and in national parks.

Agricultural Adjustment Act

May 12, 1933

This brought relief to farmers by setting prices to farmers for curtailing production of certain crops in surplus

Banking Act of 1933

Jun 16, 1933

This prohibited commercial banks from engaging in the investment business. Also, this was the final day of "Hundred Days"

State Of The Union

Jan 4, 1934

FDR presented his annual message to congress. He asked for ten and a half billion to advance recovery programs over the next 18 months

Gold Reserve Act

Jan 30, 1934

This act gave the government the power and control the value of the dollar to gold and adjust it as it pleased

Crop Loan Act

Feb 23, 1934

This continued the Farm Credit Administration, providing loans to farmers based on crop production and harvesting

National Housing Act

Jun 28, 1934

This established the Federal Housing Administration (FHA) to ensure loans for construction, renovation, or repairs of homes

State Of The Union

Jan 4, 1935

FDR proposed long term goals of providing social security for aged, ill and unplowed, better housing and tax reforms.

Second New Deal

Period: Jan 4, 1935 to Jan 1, 1938

Roosevelt asked Congress to pass additional New Deal legislation—the “Second New Deal” in 1935. The key measures of the Second New Deal were the Social Security Act, the Works Progress Administration (WPA), and the Wagner Act.

Emergency Relief Appropriation Act

Apr 8, 1935

5 billion dollars for the creation of government assistance programs, including Works Progress Administration (WPA) which employed millions of unemployed people (mostly unskilled men) to carry out public works projects, including the construction of public buildings and roads.

WPA begins

May 6, 1935

Thousands of roads, public buildings, parks and bridges were worked on

Banking Act of 1935

Aug 23, 1935

Revised the operation of the Federal Reserve System, making banks more responsible and responsive to the public.

U.S. V. Butler

Jan 6, 1936

The Supreme Court ruled 6-3 that Agricultural Adjustment Act is constitutional because it didn't levy a tax but tried to control production, exceeding government responsibilities.

Election of 1936

Nov 3, 1936

Roosevelt defeats Alfred M. Landon in a presidential landslide victory. Democrats hold onto House and Senate.

Second Term

Jan 20, 1937

FDR inaugurated to second term

Supreme Court Retirement Act

Mar 1, 1937

Permitted Supreme Court justices to retire at 70 with a full pay

Emergency Relief Appropriations Act

Jun 1, 1938

An extension of his previous efforts to deal with recession