HIST 2057 Chapter : FDR And New Deal Relief
Document Summary
Difference btw fdr and hoover more money available and comes with stipulations (regulations) Roosevelt is able to sell this act to the american people. Radio address to the nation: sitting in the white house, only have radio microphone and talking directly to the american public: fireside chats . Talks about the banking bill in order for this work, you need to deposit your money back in banks, only by doing this are banks going to be able to loan money out. First time since the stock market crash more money is deposited into banks than withdrawn: stock market trading. Make sure people buying stocks have accurate information about the value of the company they are buying stock in. Sugar, tobacco, etc. processing plants: agricultural adjustment administration. Camps for migrant farm workers, help small farmers refinance mortgages, etc. Quantity: fdr 500 million dollars for this program: eventually becomes fema - natural disasters, national industrial recovery act/ national recovery.
