FDR and The New Deal

Franklin Roosevelt

Cousin of Teddy and Eleanor (His wife)

Well off, but wasn’t spoiled — Offended by pretentious wealth

Polio in 1921

Al Capone

Self-made man

Financed the South Side soup kitchen

Syndicate net 60 million a year

Started the Valentine’s Day massacre

Invented drive-by-shooting

Convicted of income tax ecasion and died from complications of syphilis

21st amendment

Takes back the 18th amendment

Repealing it created 500,000 jobs

Banking Crisis

Emergency Banking Act - Blosed banks for a few days, inspected them and allowed 75% of them to reopen

Glass-Stegall Act - Established the FDIC and guarenteed deposits up to $2,500 at the time, which is now $250,000

Tennessee Valley Authority (TVA)

Federal Government builds 25 dams along the Tennessee Cumberland

This formed lakes, prevented flooding, and provides low-cost electricity

Civilian Conservation Corps (CCC)

FDR’s biggest probelm: Not enough jobs

CCC was ran by the army, it gave people low wage, hard jobs, but it kept them fed

They built roads and improved state parks

Liberty League

Political organization led by the DuPont family that consisted of the wealthy that opposed FDR’s New Deal

Huey Long

Nicknamed “The Kingfish”

Governor of Louisiana, became a dictator under Code Napoleon

Criticized FDR and The New Deal

Built roads, schools, hospitals

“Share Our Wealth” Program capped income to 1 million annually, taxing more for anything above that

Guarenteed every family a minimum homestead of 5,000 and annual wages of 2,500

Social Security Act

FDR’s reelection

Seniors would receive $15 a month and those struggling to find jobs

Established federal aid for disabled people

Works Progress Administration

work relief program under Harry Hopkins

Employed an average of over 2 million workers per year

built/renovated 110,000 public buildings

Built 500K miles of roads and 100K bridges

Constructed almost 600 airports

Scholarships and Federal Financial aid