Feb 20th- 24th

Monday-Finishing the 30's summary PowerPoint from last week.

Notes:

Hoover moratorium
1 year halt on German war payments
1 year halt on war payments from Great Britain and France to the U.s
Mexican Repatriation
Mexican immigrants were encouraged/forced to go back to mexico
Revenue act of 1932
Increases taxes so Us gov't had $$
Hawley-Smoot Tariff
Raised tariffs to record levels
RFC
Gave loans to backs, state and local gov'ts and businesses to create projects/jobs for people
Gave states loans for emergency relief needs
Started under Hoover
Not as successful as Hoover Hoped
Dissolved in 1946 after WW2
Boulder Dam
Boulder dam is located near Las Vegas
The hoover dam project, including the dam, the All-American Canal, The town of Boulder city, highway, railroads and various other works, cost $165 million to build.
Relief, Reform, and recovery
Relief for the needy
Economic Recovery
Financial reform
Opponents
Some say FDR went too far. Spent too much $$
Others say he didn't do enough he needed to do more
What are the Reasons people challenged New deal?
Upset checks and balances
Created a big gov't
Unconstitutional
Massive debt

Tuesday-New deal program PowerPoint (notes below)

Wednesday-ABSENT

Thursday-

Friday-

FDR New deal. How did it help.... (notes)

Unemployed people

Gave loans to backs, state and local gov'ts and businesses to create projects/jobs for people
Gave states loans for emergency relief needs
Started under Hoover
Dissolved by 1946
FERA
Enacted in 1933
FERA distributed more than 20 million dollars in direct aid to the unemployed
This in turn would help the unemployed to find new jobs
FERA had three primary objectives
Direct relief measures
Provide work for unemployed people
Provide many different types of relief programs
PWA
Established in 1933
Created many jobs as possible in many different varieties
example for 'priming the pump'
between '33 and '39, The PWA funded the construction of more than 34,00 projects including airports, dams, aircraft carriers, bridges, ETC
Was possible for 70% of the new school and 33% of the hospitals built between '33 and '39
CWA was the same as PWA, but it didn't last long
WPA
Established in 1935
Largest and most comprehensive New Deal Agency
The WPA was a make work program that provided jobs and income to unemployed during the great depressions
WPA projects primarily employed unskilled workers in construction across the nation
WPA built 650,00 miles of roads, 78,00 bridges, 125,000 buildings,and 7,00 miles of airport runways
it presented 225,00 concerts and produced almost 475,000 works of art
Federal project No,1 of the WPA was developed to give artistic and professional work to the unemployed who qualified

Young people

Passed in 1933 during 'the 100 days'
The CCC was limited to young men age 18 to 25 whose fathers were on relief
CCC members worked 40 hours a week and were paid $30 a month, with the requirement that $25 of that would be sent home to family
Members lived in camps, wore uniforms, and lived under military discipline
The U.S army operated the camps
Planted trees, fought forest fires, stopped soil erosion
Helped construct military bases during WW2
Funding stopped in 1942
their slogan was 'We can take it!"
NYA
Established in 1935 and was part of the WPA
Pushed by Eleanor Roosevelt
Served 327,000 high school and college youth, who were paid $6 to $40 a month for 'work study' projects at their schools
It allowed thousands of people to stay in school
Another 155,00 boys and girls from relief families were paid $10 to $25 a month for part-time work that included job training
The youth normally lived at home, and worked on construction or repair projects

Banks

EBRA
passed five days after taking office-march 1933
passed in response to the thousands of banks that closed down
Passed four days after FDR announced the Bank Holiday in his Fireside chat, which closed banks down temporarily
The EBRA would close down the bank, recognize it and then reopen the bank when it was stable
When banks re-open on march 13, 1933, many people put their money back into the banks
Within a couple of weeks more than half of the money that people withdrew from banks was put back into banks

Stock market Factory workers

Farmers

REA
The REA was created in 1935
The REA provided farms with inexpensive electric lighting ans power and eventually telephone services
Thos brought all the electrical appliances that cities had since the '20s
REA made long term loans to state and local governments to farmers' cooperatives, and to non-profit organizations to do the work
by 1939, rural households with electricity had risen 25%
The administration was abolished in 1994 and its function assumed by Rural Utilities Service
FSA
Established in 1935
Granted small farmers and tenant farmers money to purchase farms
The FSA also documented the struggles farmers had by taking photos of their conditions
The FSA also set up cooperative farmsteads
Took people from the city and set them up in cooperative farmstead, subsistence farming communities

Homeowners

HOLC
The typical home loan in 1930 required a 50% down payment and had to be paid off within 5-7 years at an interest rate of 6 to 8%
Buyers paid the entire interest charge at the end of the payback period in one large payment
HOLC was established in 1933 to refinance homes to prevent foreclosure
It was used to extend loans from shorter expensive payments to lower payments of the 30 year loans
FHA
The FHA was created in 1934
The goals of this organization was to improve housing standard and conditions and to provide an adequate home financing system
in 1965, the FHA became part off the department of housing and urban development (HUD) and is stil around today
USHA
Created in 1937
It was designed to lend money to the states or communities for low cost home constructions
Homes were designed for low income and homeless people
The USHA was absorbed by the national housing agency in 1942

Elderly

Consumers

Native Americans

IRA
Passed in 1934
abolished the Dawes act and allowed Native Americans to govern themselves on a tribal basis
Allowed Native Americans to manage and keep their own land
Included provisions to help create job opportunities on Indian reservations. This lead to many casinos on Indian reservations
The act is still around today

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