Hoover v. Smith. Republicans identified with booming economy, Smith was against Catholics, prohibition, and had roots in Tammany Hall, which severely hurt his cause.
31st president, failure to end spiral into depression.
Black Thursday and Black Tuesday
Start of Wall Street Crash and the super crash.
Sect. of Treasury, Andrew Mellon
Secretary of Treasury for Harding, Coolidge, and Hoover
Central banking system of the US. Lots of policy change since GD.
Hawley-Smoot Taiff (1930)
A US legislative act that raised US tariffs on over 20,000 imported goods. Severely hurt trade with Europe and helped magnify the GD to the rest of the world.
Sex educator, nurse, and birth control activist.
Reconstruction Finance Corporation (RFC)
Independent agency of the US government, established and chartered by Congress. Modeled after War Finance Corp of WWI, the agency gave 2 billion to aid state and local govts. and made loans to banks, railroads, mortgage associations and other businesses. Most loans were repaid.
"Priming the pump"
Action taken to stimulate an economy through govt spending, and interest rate and tax reductions.
Classical American motto and course of action to show a person is their own person.
Farm Holiday Association
Movement of midwestern US farmers endorsing a farmer's strike. Farmers countered by sheriffs, militia, and vigilante groups.
WWI vets on strike forcible removed by military and police forces.
Policy of US govt of non-recognition of international territorial changes that were executed by force.
Franklin Delano Roosevelt
32nd president, saves us from GD, wins WWII. Like a boss.
FDR kicks some Hoover ass.
Chats over the radio of FDR to the nation.
Monday after fireside chat where tons of money is deposited, more than withdrawn.
US secretary of labor, helps pull the labor movement into the New Deal coalition.
Term for group of advisers to a political candidate or incumbent president.
The Hundred Days
100 days of intense bill passing to restablize the economy. woo, go FDR.
Established beginning and ending of the terms of the elected federal offices. Deals with having no President-elect.
Repeals 18th amendment, huzzah for booze.
Schechter v. United States (sick chicken case)
Invalidated regulations of the poultry industry according to the nondelegation doctrine.
Influences FDR system of Social Security fund.
Father Charles Coughlin
Vocal supporter of FDR's new deal.