Feb. 5th - Feb. 9th

Monday

  • Repetition of last week
  • Bonus expedition force
  • MacArthur, Eisenhower and Patton
  • 1932 Election
  • Relief, reform and recovery
  • FDR’s brain trust
    • Harry Hopkins- Social Worker and the architect of much of the New Deal
    • Henry Morgenthau
    • Louis Lowe
    • Cordell Hull
    • Frances Perkins
  • Fireside Chats
  • Deficit spending and Priming the Pump
  • Court Packing Bill
  • 1st presentation: Rural Electrification Administration/ REA (farmers)
    • Started on May 11th, 1935
    • Enacted on May 20th, 1936
    • Today: REC
    • Access to electricity
    • Purpose
      • Promoting electricity and water
      • Get farmers jobs
      • Catch up with the world/Europe
      • Source of funding was a low-interest loans to finance the construction
    • Still around today/non-profit organization/cheap/earned loans from state and national legislators
    • Everyone needs electricity (reason why it is around)
  • 2nd presentation: Works progress Administration/ WPA (unemployed people)
    • Created on May 6th, 1937
    • Put roughly 8.5 million people to work
    • 4,000 new schools
    • 29,000 new bridges, 150 new airfields, paved and repaired 280,000 miles of roads and planted 24 million trees
    • Laid about 9,000 miles of storm drains and sewer lines
    • End in June of 1943
      • Unemployment was less than 2%
    • One part is still around today
  • 3rd presentation: National Labor Relations Act/ NLRA (Labor Unions)
    • Created in 1935
    • Helped protecting rights of employers and employees
    • Encourage collective bargaining
    • Reduce private sector lamps
    • Chart of the Union Membership 1930-2010
    • National Labor Relations Board/ NLRB
      • Democracy among employees
      • President and five board members
      • Eliminate injustice
      • Elects representatives
    • Required employers acknowledge favorable labor unions
    • Gave employees more control
    • Long term affects
      • Resulted in Unions spreading
      • Taft-Hartley Act (1947), good for businesses and bad for workers
      • Landrum-Griffin Act (1959): “Bill of Rights for Unions”
    • 4th presentation: Reconstruction Finance Corporation/RFC
      • January 1932 with Herbert Hoover
      • Ended July 30th, 1953
      • Create jobs
      • Restore country’s confidence and stability in banking systems
      • Federal agency created to provide financial support to state and local government
      • Provided loans from public money to railroads, banks and agriculture
      • Kind of split successfully
        • Politicized
        • Money from taxpayers
        • Targeted big businesses and the upper class
        • Railroads recovered, raising bonds

Tuesday

  • 5th presentation: Civilian Conservation Corps/CCC (helping young people)
    • Started on April 5th 1933
    • Gave young single men jobs
    • Hired them plant trees, fight forest fires, and built dams
    • Paid 1 dollar per day
    • Gave clothing, room, board, and tutoring to learn how to read and write
    • Planted over 3 billion trees
    • Constructed trails and shelters in over 800 parks nationwide
    • Ended in 1942
    • Was no longer needed to supply jobs because of WW2
    • Was FDR’s favorite program
  • 6th presentation: United States Housing Authority/ USHA (housing)
    • Catherine Bauer
    • 1937
    • Clearing Slums
    • Urban housing
    • Building low cost homes
    • $800 million for 587 developments
    • Lended money to State
    • 170,000 living units
    • Tenants only had to pay half
    • Turned into the Federal Works Agency by Reorganization (1839)
  • 7th presentation: Federal project #1 (helping unemployed people)
    • Started in August/September 1935
    • Ended of June of 1939
    • helped actors, musicians, painters, sculptors and writers
    • was successful but not for long
    • helped people that didn’t have a job
    • budgets were cut
    • not around anymore
  • 8th presentation: Fair Labor Standard Act/ FLSA (factory workers)
    • Federal law that was established minimum wage, overtime pay eligibility, recordkeeping and child labor standards
    • Signed on June 25th, 1938
    • Established a max of 40 hours per week
    • Prohibited child labor
    • $.25 an hour= minimum wage
    • Was successful
      • Banned all child labor
      • Now wage per hour= $7.25
    • Still around
      • Weekly hours
    • 9th presentation: National Youth Administration/ NYA (youth)
      • Started June 26th, 1935
      • Aubrey Williams
      • Gave jobs to young people
      • Built maintenance, landscaping, and forestry
      • Was successful
      • Helped about 4 million people
      • Was ended September 1943 by the Congress

Wednesday

  • Talking about weekly blogs
  • 10th presentation: Public Works Administration/ PWA (unemployed people)
    • Started 1933
    • National industry recovery act
    • What did it do
      • Public works programs, gave the control to the government
      • Build highways, bridges, schools, irrigation, dams
      • Awarded big projects
    • 34,000 large-scale projects
    • Cole industry of steel and lumber went up
    • Skilled people got jobs
    • Unemployed people got jobs too
    • Closed in 1939
    • Spent over $6 billion
  • 11th presentation: Civil Works Administration/ CWA (unemployed people)
    • Started November 9th, 1933
    • Main purpose
      • Created manual labor jobs
      • During winter
    • Was successful
      • Employed over 4 million people
      • Received funding from PWA, FERA, etc.
      • Accomplishments
    • Ended in July of 1934
    • Was brought back in 1935
  • My presentation (EBRA)
  • 12th presentation: Farm Security Administration/ FSA (farming)
    • Originally known as the resettlement administration
    • Founded in 1935
    • Created to fight rural poverty
    • Main purpose was to help poor famers
    • Is still around today
    • Headed by Rexford Tugwell adviser to Roosevelt
    • Moved 650,000 people to farmland
    • Lots of relief work
    • Helped those that were affected by the dust bowl
    • Executive act 7530 people moved to agriculture
    • Wasn’t successful
    • Bad management
    • Made relief homes in the west
    • Photographers and writers were hired to bring awareness to the poverty and poorness of the farmers
    • Introducing America to Americans

Thursday

  • 13th presentation: Dust Bowl
    • Happened in Texas, Kansas, Oklahoma, Colorado, New Mexico (Mid-West)
    • Damaged areas all the way to Montana
    • Causes
      • Excessive farming
      • Lack of water
      • Heavy winds
      • Lack of trees
    • Affects
      • No crops could grow
      • Death
      • No water
      • Less land to live on\
    • Okies
      • Were refugees from Oklahoma who fled to other states to find work
      • Originally from Oklahoma
      • About 16,000 went to California
    • Locust and Jack rabbits
      • Came from nowhere
      • Ate whatever crops could grow
      • 28,000 per acre
    • End
      • Drought ended
      • New farming practices were put into place
    • Soil conservation
  • 14th presentation: Home Owners Loan Corporation/HOLC (home owners)
    • Started June 13, 1933
    • Mortgage Loan Company
    • 20,000 employees
    • What did it do?
      • Refinances mortgages that were in risk during the great depression
      • Loans applied to homes that didn’t house more than 4 people, non-farming residents, not worth more than $20,000
      • Provided funds to pay off mortgages
    • Was it successful?
      • Yes
      • Provided millions of new mortgages (1936) but failed
    • When & why?
      • Not around anymore
      • Ended February 3, 1954
    • 15th presentation: Soil Conservation and Domestic Allotment Act/ SCDAA (farmers)
      • Started February 29, 1936
      • Paid farmers to reduce production
      • Conserved soil
      • Prevented erosion
      • Successful?
        • At first not, then yes
        • Planted grass
        • Farmers started to make money
      • End?
        • Amended in 1936
        • Discouraged the overused land
        • Created stable prices for farm goods
      • 16th presentation: Indian Reorganization Act/IRA (Native Americans)
        • Started June 28, 1934
        • What did it do?
          • Was to regain trust
          • Ended the allotment of tribal lands
          • Reorganized tribal governments and encouraged tribes to adopt constitutions
          • Prohibited lands from being taken away from the tribes WITHOUT their consent
          • They have the power to their assets
        • Was it successful?
          • Yes and no
          • Helped some tribes
          • Destroyed some tribes
        • Still around?
          • Yes
        • 17th presentation: Food, Drug, and Cosmetic Act/ FDCA(consumers)
          • When did it start?
            • Federal consumer protection law 1906
            • Change hit 1930’s
            • Enactment happened 1938
          • Purpose?
            • FDA
            • Safety
          • Successful?
            • Yes
            • Standard evidence is the well-considered study, and the FDA’s implementation of the 1962 amendments
          • End?
            • Gold standard
            • Drugs must undergo an evaluation of safety, equality, and effectiveness
          • 18th presentation: Securities and Exchange Commission /SEC (stock market)
            • Started June 6, 1934
            • Founded by FDR
            • He made Joseph Kennedy SEC’s g=first chairman
            • What did it do?
              • Regulated stock market
              • Protected investors
              • Maintained fair, orderly, efficient markets
              • Facilitated capital formation
              • Restored the public’s confidence
            • Successful?
              • Yes, during the Great Depression
              • Didn’t make a substantial change
            • End?
              • yes
              • Makes sure that all investors know the basic facts about an investment

Friday

  • Talking about forum posts
  • 19th presentation: Social Security Administration/SSA (elderly people)
    • Started August 14th, 1935
    • What did it do?
      • Start paying for it when employed
      • Receive benefits
      • Source of income
    • Was it successful?
      • Yes
      • Helped retired people
      • A way to get money
    • Still around?
      • Yes
      • Headquarters Woodlawn
    • Talking about social security
    • 21st presentation: Federal Securities Act/FSA (stock market)
      • Started May 27, 1933
      • First major legislation about the sale of securities
      • Was established because of the stock market in 1929
      • Problems
        • Buying on margin
        • Insider trading
        • Overvaluing of stock
      • Solution
        • Securities and exchange commission set up to enforce new government of stock market
        • Reform
      • Goals
        • To ensure more transparency in financial statements
        • To establish laws against misrepresentation and fraudulent activities in the securities markets
      • Securities was chiefly governed by state laws, commonly referred to as blue sky laws
      • Purpose
        • Require corporations to provide complete information on all stock offerings
      • Now business must…
        • …provide complete information on all stocks
        • …tell the truth about how much the business was worth
        • Lead to the SCC
      • Breaking down the EBRA
        • Legislation on the act was initiated during Herbert Hoover’s administration, but it was not passed until March 9, 1933
      • 22nd presentation: Tennessee Valley Act/TVA(farmers/unemployed)
        • Goal was to build hypo electric dams around the area which would bring electricity to thousands of homes
          • Around 30 dams were built
          • Provided inexpensive power to millions of southerners
        • Why?
          • Bringing electricity to the area is not only important for home appliances but it meant companies could locate into the area, which resulted in thousands of people being employed
          • Could power fridges
          • Less accidents
        • Successful?
          • Employed around 28,000 people
          • Provided millions of people electricity that was affordable
        • Map of the TVA
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