Posted by 5whitneyyy on February 3, 2010 at 12:02pm
Today Kelsey continued her presentation and I learned that the Fair Labor Standards Act was signed to law or established in June of 1938 by the senator of Alabama. The act was established to put a ceiling over hours and a floor under wages. It allowed 40 weekly hours. They decreased the hours and increased the wages. Those who were mostly affected were white men. Some women were affected as well. Labor unions tried to exclude women and colored people from jobs. It banned child labor. Children under the age of fourteen were no longer legally allowed to work. Prohibited defferences based on sex. This act has had over 20 ammendments. It was successful.Amanda started her presentation and I learned that the Federal Emergency Relief Act/Administration Act was directed by Harry L. Hopkins. It put $500,000,000 into things that helped people such as soup kitchens and such. It began in May of 1933. It gave states $3.1 billion to operate local work projects. It provided work for 20 million people. It closed in December of 1935. It was where the government gave out loans directly to the states and they had control over it and gave money to poor people. It gave many things out to poor people. It was the first wellfare thing that took place. Money was given to people to help them out. The Social Securities Act was first called the Glass-Steagall Act of 1932. The second was called the Banking Act of 1933. It allowed the Federal Reserve to regulate interest rates. Effort was to stop deflation. It expanded the Federal Reserves ability to offer rediscounts on more types of assets. The Banking Acot of 1933's reaction to the collaps of large portion of american commercial banking systems. It made peoples money in banks more secure. They wanted to prevent banks closing down.Josh did his presentation on the Public Work Administrations. It passed on June 16th, 1933. It built the Oregon state capitol which was built in 1935. It built damns and bridges and created jobs. It wasnt successful, they tried putting money back into the economy. They made houses to expensive for people to buy. It was abolished in 1941 which means it ended. It ended because of World War 2. It put money into funding bridges so people could create many jobs that expanded from making bridges and dams and houses and schools. The Indian Reorganization Act was passed in June of 1934. It restored the management of their assets. It put money to buy indian land. It reversed the Dawes Act and returned to self-governing. It was successful becuase it got some of the land back for the indians.
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