* (farming) Agriculture Adjustment Act- 1933, restricted production during New Deal by paying farmers to reduce amount planted, prices would go up, fed government paid to leave some land untilled, destruction of crops and livestock to try to reduce surplus, didn’t plow as much, Great Depression people thought AAA was cruel, people were starving while they were destroying food, successful increasing farm prices until it was declared unconstitutional, farmers were producing too much, no one was buying, govt offered money to farmers who would plant on 7 basic crops, most farmers had to to get money, if it wasnt 7 basic crops didnt get money, machinery made it easier to plant but they couldnt, changed during WWII to meet war needs
(homeowners) Home Owners Loan Corporation- in 1930 requires 50% down payment to buy a house, had to be paid off in 5-7 years with 6-8% interest rate, often had second mortgage with 18% interest rates, not easy to buy amd keep home, est. 1933, extended loans from short high payments to 15-30 years
(critic) Charles Coughlin- priest, radio show not only sermons but also opinion, big audience, liked New Deal when it first started, helped FDR get into office by supporting him, tried to get FDR to do things the way coughlin wanted him to, FDR made it clear he was in charge not coughlin, coughlin used radio to trach talke roosevelt, didnt think roosevelt was doing enough
1930s sports- boxing- Joe Lewis, baseball- Yankees, olympics, NFL many quit cause they were losing money, horseracing- seabiscut, hockey- jackson, Joe Lewis v Max Schmeling, racing
1930s movies- horse feathers, captain blood- arole flin, modern times- charley chapman, bright eyes- shirley temple, color, sound, wizard of oz, snow whites, popeye, betty boop, robin hood, king kong
Comments