The New DealI. The First New Deal

A. Popular RevoltB. Roosevelt’s ValuesC. Policy

1. Relief2. Recovery

C. ProblemsII. The Second New Deal

A. Competitors-- Long, Townsend, Coughlin

B. Policies1. Labor2. Relief3. Social Security

C. OppositionD. Election of 1936E. Court Packing Crisis

Values

• Public control

– Economic morality

• Cooperation

– End of individualism

• Experimentation

– Emergency

mentality

Money and Banking• Money

supply– Gold

Standard– Inflation

• Bank Holiday– stop runs

• Glass-Steagal– Deposit

insurance

Public Works Administration

• Jobs

• Infra-structure

Construction of the Triborough Bridge

Civilian Conservation Corps

• Jobs– 33%

unemployment

• Conservation– Plant trees– Build parks

Tennessee Valley Authority

• Jobs

• Stop flooding

• Electricity

Rural Electrification

National Recovery

Administration

• Economic Planning• Industrial Codes• Section 7A-- labor

unions

Agricultural Adjustment

Administration

• Raise Prices– Subsidies– Organization

Competitors• “Share the Wealth”• 40M listen to Coughlin on

radio• 5M join Townsend Clubs

Sen. Huey Long

Father Coughlin

Dr. Francis Townsend

National Labor Relations Act

• Encourage collective bargaining to stabilize wages

• Guarantees right to join a union

• NLRB– arbitrates– counts

ballotsSit-down strike at GM4.7M workers strike in 1937

Works Progress

Administration• Jobs

• Culture– Writers,

artists, actors

• Radical Politics– Cradle Will

Rock

Federal Theatre Project

Social Security

• Old Age benefits• Payroll tax

Dissenters

• Liberty League– Al Smith, DuPont

• FDR wins by 11M (30%)

Alf Landon

Al Smith

Hoover

The Supreme Court

• Four Horsemen– McReynolds– VanDeVanter– Sutherland– Butler

• Decisions– Void NRA, AAA

(1935)

• Packing Scheme (1937)

• Switch in Time – Roberts

United States Supreme Court, 1932