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The First New Deal (1933–1934) dealt with the pressing banking crisis through the Emergency Banking Act and the 1933 Banking Act.The Federal Emergency Relief Administration (FERA) provided US$500 million (equivalent to $11.8 billion in 2023) for relief operations by states and cities, and the short-lived CWA gave locals money to operate make-work projects from 1933 to 1934. [2]
The first major test of New Deal legislation came in Panama Refining Co. v. Ryan, [15] announced January 7, 1935. Contested in this case was the National Industrial Recovery Act, Section 9(c), in which Congress had delegated to the President authority "to prohibit the transportation in interstate and foreign commerce of petroleum ... produced or withdrawn from storage in excess of the amount ...
The Relief Appropriation Act of 1935 was passed on April 8, 1935, as a part of Franklin Delano Roosevelt's New Deal.It was a large public works program that included the Works Progress Administration (WPA), the National Youth Administration, the Resettlement Administration, the Rural Electrification Administration, and other assistance programs. [1]
The alphabet agencies, or New Deal agencies, were the U.S. federal government agencies created as part of the New Deal of President Franklin D. Roosevelt. The earliest agencies were created to combat the Great Depression in the United States and were established during Roosevelt's first 100 days in office in 1933.
The 1936 Madison Square Garden speech was a speech given by U.S. President Franklin D. Roosevelt on October 31, 1936, three days before that year's presidential election.In the speech, Roosevelt pledged to continue the New Deal and criticized those who, in his view, were putting personal gain and politics over national economic recovery from the Great Depression.
The New Deal coalition was an American political coalition that supported the Democratic Party beginning in 1932. The coalition is named after President Franklin D. Roosevelt 's New Deal programs, and the follow-up Democratic presidents.
A 2004 econometric study by Harold L. Cole and Lee E. Ohanian concluded that the "New Deal labor and industrial policies did not lift the economy out of the Depression as President Roosevelt and his economic planners had hoped", but that the "New Deal policies are an important contributing factor to the persistence of the Great Depression".
The New Deal coalition that cemented the Fifth Party System and allowed Democrats to dominate the White House for 40-some years arose from the realignment of two similar third party factions into the Democratic Party: the Progressives in the Western Coast and the greater Rust Belt region (which includes New York, Massachusetts, Baltimore and ...