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The New Deal: Franklin Roosevelt Essay

984 words - 4 pages

The term, The New Deal, comes from Franklin Roosevelt’s 1932 democratic presidential nomination acceptance speech, Roosevelt says, "I pledge you, I pledge myself, to a new deal for the American people."(Referring to the great depression) Roosevelt explains the New Deal as a "use of the authority of government as an organized form of self-help for all classes and groups and sections of our country." The New Deal program was born in a Brain Trust meeting prior to Roosevelt’s inauguration. (Anonymous)
Opening the way for the New Deal, President Herbert Hoover was beaten by Franklin D. Roosevelt in the Election of 1932. President Hoover, who had said to been liable for the stock market crash and the Depression, strongly disagreed with Roosevelt`s New Deal legislation, in which the federal government implied responsibility for the welfare of the nation by maintaining a high level of economic activities. According to Herbert Hoover, Roosevelt had been sluggish to reveal his New Deal program during the presidential campaign and was concerned that the new president would sink the nation into debt to pay for the New Deal. (Anonymous)
The president called a special session of congress on March 9th. He began to submit reform and recovery measures for congressional agreement. Basically all of the bills Roosevelt proposed were enacted by congress. The 99-Day session was referred to as the “Hundred Days.” (March 9- June 16) March 12th, 1933, was the first time that Franklin Roosevelt broadcasted the first of 30 “fireside Chats” over the radio to the American people. His opening topic was the bank crisis. He, for the most part, spoke on a variety of topics that inform Americans and encourage them to support his domestic agenda, and almost immediately, the war effort.
During Franklin Roosevelt`s first year as president, Congress approved laws that protected stock and bond investors. Congress enacted several more important reliefs and reform measures in the summer of 1935, which people refer to as the “Second Hundred Days.”
For the duration of the Second Hundred Days, the important relief and reform measures that were enacted included: The National Employment System Act, which was a system to create U.S employment services; Home Owners Refinancing Act that establish the Home Owners Loan Corporation (HOLC) to refinance non-farm home mortgages; and National Industrial Recovery Act that establish the National Recovery Administration and the Public Works Administration.
Following Roosevelt`s lead, the government launched a relief program, the Civil Works Administration (CWA). The CWA provided funds to such authorities as mayors and governors for public projects including roads, bridges, school construction, park restoration, and others public projects. In which the funds that were provided, the CWA brought work for the unemployed to help with financial burdens, giving many Americans and immigrants opportunities to get back up on their feet.
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