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Emergency Banking Relief Act
This act declared a week-long bank holiday to allow the financial panic to subside. For the first time in history, all banks closed their doors to stop the panic. Once the crisis stoped they worked to prevent another. This allowed the government to examine all banks and allow those that were financially sound to open. This was apart of the First New Deal and a recovery effort. -
Agricultural Adjustment Act
Created a new federal agency, the Agricultural Adjustment Administration, which sought to raise prices for crops and herds by paying farmers to cut back production. Legislation that paid farmers to produce less in order to raise crop prices for all. I was a relief effort and in the First New Deal. -
Federal Emergency Relief Act
This act gave $500 million directly to the people. It gave to the hungry, created jobs, gave 4-5 million households $30 a month. This act established the Federal Emergency Relief Administration, a grant-making agency authorized to distribute federal aid to the states for relief. This was apart of the First New Deal and a relief effort. -
Securities Act of 1933
This act required corporations to register securities with the Federal Trade Commission to prevent fraudulent issues. It also established the Securities and Exchange Commission, a federal agency to enforce the new laws and regulations governing the issuance and trading of stocks and bonds. The act also required that all stockbrokers be licensed. This was a reform effort and in the First New Deal. -
National Industrial Recovery Act
This act created the Public Works Administration, granting $3.3 billion for the construction of government buildings, highways, bridges, dams, port facilities, and sewage plants. Part of it created the National Recovery Administration, a controversial agency that brought together businesses and labor leaders to create "codes of fair competition" and "fair labors" policies, including a national minimum wage. Recognized state of emergency and suspended anti-trust law. First New Deal and recovery. -
Works Progress Administration
Government agency established to manage several federal job programs created under the New Deal. This focuses on young people and minorities. The National Youth Administration, also under the WPA, provided part-time employment to students and aided jobless youths. The WPA quickly became the nation’s largest employer, hiring an average of 2 million people annually over four years. Was apart of the Second New Deal and a relief effort. -
National Labor Relations Act
Sometimes referred as the Wagner Act, a legislation that guaranteed workers the right to organize unions, granted them direct bargaining power, and barred employers from interfering with union activities. It prohibited employers from firing workers after a strike, and restricted other anti-union tactics. It guaranteed workers the right to organize unions and bargain directly with management about wages and other issues. It was apart of the Second New Deal and a reform effort. -
Social Security Act
This legislation enacted to provide federal assistance to retired workers through tax-funded pension payments and benefit payments to the unemployed and disabled. Was designed to relieve poverty level of elderly. It pays unemployment insurance, money to dependent mothers and children. It matched grants to states to set up their own systems of workers comp, unemployment insurance, and aid to families with dependent children. This was apart of the Second New Deal and a reform effort. -
Revenue Act of 1935
It is sometimes called the “Wealth-Tax Act” but popularly known as the “soak-the-rich” tax. The Revenue Act raised tax rates on annual income greater than $50,000, in part because of stories that many wealthy Americans were not paying taxes. This act raised federal income tax on higher income levels. Incomes over $1 million were taxed up to 75 percent. This was apart of the Second New Deal and a reform act. -
Committee for Industrial Organization
It was proposed by John L. Lewis in 1928, and it was a federation of unions that organized workers in industrial unions in the United States and Canada from 1935 to 1955. The Committee for Industrial Organization was formed by the presidents of eight international unions in 1935. The presidents of these unions were dissatisfied with the American Federation of Labor's unwillingness to commit itself to a program of organizing industrial unions. Was with the Second New Deal and reform effort.