EMERGENCY BANKING RELIEF ACT
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Transcript EMERGENCY BANKING RELIEF ACT
EMERGENCY BANKING RELIEF ACT
IMMEDIATE PURPOSE
AUTHORIZED THE TREASURY DEPARTMENT
TO INSPECT AND CLOSE BANKS
LONG-TERM GOAL
TO RESTORE PUBLIC CONFIDENCE IN BANKS
GLASS-STEAGALL BANKING ACT
OF 1933
IMMEDIATE PURPOSE
ESTABLISHED FDIC
LONG-TERM GOAL
TO RESTORE PUBLIC CONFIDENCE IN BANKS
FEDERAL SECURITIES ACT
IMMEDIATE PURPOSE
REQUIRED CORPORATIONS TO PROVIDE
COMPLETE INFORMATION ON ALL STOCK
OFFERINGS
LONG-TERM GOAL
TO RESTORE PUBLIC CONFIDENCE IN STOCK
MARKET
NATIONAL INDUSTRIAL RECOVERY
ACT (NIRA)
IMMEDIATE PURPOSE
SET PRICES; ESTABLISHED LABOR
STANDARDS
LONG-TERM GOAL
TO ENSURE FAIR BUSINESS PRACTICES AND
TO PROMOTE INDUSTRIAL GROWTH
AGRICULTURAL ADJUSTMENT ACT
(AAA)
IMMEDIATE PURPOSE
PAID FARMERS TO LOWER PRODUCTION
LONG-TERM GOAL
TO RAISE CROP PRICES (AND THUS, FARM
INCOME)
TENNESSEE VALLEY AUTHORITY
(TVA)
IMMEDIATE PURPOSE
BUILT AND REPAIRED DAMS AND OTHER
PROJECTS IN THE TENNESSEE VALLEY
REGION
LONG-TERM GOAL
TO CREATE PROSPERITY IN THE
IMPOVERISHED TENNESEE VALLEY REGION
CIVILIAN CONSERVATION CORPS
(CCC)
IMMEDIATE PURPOSE
PUT YOUNG MEN TO WORK ON ROADS-
BUILDING AND CONSERVATION PROJECTS
LONG-TERM GOAL
TO REDUCE UNEMPLOYMENT
FEDERAL EMERGENCY RELIEF
ADMINISTRATION (FERA)
IMMEDIATE PURPOSE
PROVIDE DIRECT RELIEF FOR THE NEEDY
LONG-TERM GOAL
TO PROVIDE FOR THE BASIC NEEDS OF THE
PEOPLE HIT HARDEST BY THE DEPRESSION
PUBLIC WORKS ADMINISTRATION
(PWA)
IMMEDIATE PURPOSE
PROVIDED MONEY TO STATES TO CREATE
JOBS
LONG-TERM GOAL
TO REDUCE UNEMPLOYMENT
CIVIL WORKS ADMINISTRATION
(CWA)
IMMEDIATE PURPOSE
PROVIDED 4 MILLION IMMEDIATE JOBS
LONG-TERM GOAL
TO REDUCE UNEMPLOYMENT
HOME OWNERS LOAN CORPORATION
(HOLC)
IMMEDIATE PURPOSE
PROVIDED GOVERNMENT LOANS TO
HOMEOWNERS WHO FACED FORCLOSURE
LONG-TERM GOAL
TO HELP FAMILIES KEEP THEIR HOMES
HUEY LONG
A SPOKESMAN FOR THE POOR
A GOVERNOR OF LOUISIANA AND LATER, ITS
U.S. SENATOR
AN EARLY SUPPORTER OF THE NEW DEAL
WHO LATER TURNED AGAINST ROOSEVELT.
HIS “SHARE OUR WEALTH” PROPOSAL WAS
EXTREMELY POPULAR NATIONWIDE
HE WAS ASSASSINATED IN 1935 AT THE
HEIGHT OF HIS POPULARITY