1/26 we showed our video- hoover was born in West Branch, Ia. mom and dad died before he was 10. he went to Stanford. He helped Belgium get food and was head of food administration. next we watched the hoover presidency video. Hoover was believed to have done nothing. he encouraged people to be patient. Federal Farm Board- stabilized prices to promote ag products. Norris-La Guardia Act strengthened labor unions.
1/27 Hoover Moratorium one year halt on war payments. Mexican Reparation- mexican immigrants encouraged/forced to go back. Revenue act of 1932 increased taxes. Hawley-Smoot Tariff- raised tariffs to record levels. Bonus Expeditionary Force american WW1 vets wanted bonus early. Reconstruction Finance Corp. (RFC)- gave loans to banks govs. and buss. to create jobs- gave state loans for emergency relief. Hoover was not happy with it as he hoped- dissolved during WW2. unemployed lived in Hoovervilles and stood in breadlines and soup kitchens to get food. they also road boxcars for shelter and to find jobs. 23 k committed suicide in one year.
1/28 the three r's of the new deal were relief for the needy, economic recovery, and financial reform. young people had the CCC Civilian Conservation Corps. CCC members worked 40 hours a week, and were paid 30 dollars, 25 of which went to your family. Members lived like army people. for men 18-25. they did construction, planted trees, faught forest fires. Helped construct military bases. Next was the NYA National Youth Organization- 1935 and part of WPA. gave high school and college youth 6 to 40 dollars a month for work study. Helped the young stay in school. also paid 10-25 dollars for part time job training. for women too and you could live at home. FERA Federal Emergency Relief Act- 1933- gave 20 mil in direct aid to unemployment. this was to help them get jobs. obj.- direct relief measure, provide work, and provide types of relief. PWA- Public Works Administration- 1933- created as many jobs as possible- constructed many things. FDR was "priming the pump". CWA Civil Works Administration- 1933- about construction- cancelled after a year cost 800,000,000. Works Progress Administration- largest- made work- employed unskilled for construction.
1/29 The NIRA and NRA- made codes of fair competition- supported prices and stimulated economic recovery. Administration made laws and voluntary agreements Blue eagle flags made people chose places that supported NIRA. section 7a guarantee workers for the right to unionize. Declared unconstitutional in 1935 and considered unsuccessful. NLRB- 1935- conducts elections for unions and stresses bargaining- investigates unfair practices. FLSA established minimum wage at 40 cents an hour and established a 40 hour work week. guaranteed time and a half for overtime. prohibited most child labor. Ag Adj Act- 1933- restricted production by paying farmers to plant less. it reduced surplus to increase prices. they destroyed crops and animals. While cruel, prices doubled. unconstitutional in 36 and re est. in 38. Soil Conservation and Domestic Allotment Act- gov payed farmers to reduce production and conserve soil. educated farmers and had them plant trees and grasses. REA brought electricity to farms. Farm Security Admin. granted small farmers to purchase farms. farms bought tractors with money from AAA and FSA helped tenant farmer's buy their own farm.
1/30 HOLC- a home required 50% down payment and had to be payed off in 5-7 years with a 6 to 8 percent interest rate. This group refinanced homes and made payments longer 15 to 30 years. FHA was designed to give loans for people to build homes. Wanted to improve housing standards and conditions and provide adequate home financing system. USHA was designed to give money to states and community for low cost home construction for low-income and homeless people. Social Security Admin. in 1935- provides retirement, disability, and survivors' benefits. to qualify, taxes are payed on earnings. based on contributions. WPA had Federal Project 1. gave artistic and pro work to qualified unemployed. examples are FAP FMP FTP FWP.
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