President blamed for the stock market crash. Believed corporate America would bail us out.
WWI soldiers who marched for their reparations of 1000 dollars. 20,000 march and McArthur is sent in to disperse them and ends up injuring a lot of veterans. Kills Hoovers ratings
money paid by the government for service in WWI. France and England wanted reparations from Germany. Germany had no money so we loaned them money to pay reparations.
Stock market crash. 16 million shares traded. Industrial index drops 43% and stocks are worthless. Start of the Depression
the Great Depression took place in 1933 when Franklin D. Roosevelt closed the banks from March 6 to March 10 to keep depositors from bankrupting the banking system by withdrawing all their money.
the rain stopped falling on the planes and dust began to blow traveling 1000 miles sometimes. The dust covered everything in the Midwest
comedy movies making fun of important figures and made people laugh. Zeppo Marx. Duck Soup ridiculed our politics
Glass-Steagall Act, 1933
intended to help American banks meet the demands of European depositors who wished to convert their dollars to gold.
Agricultural Adjustment Act
May of 1933 provides producers of certain agricultural products at a guaranteed price i.e. wheat, cotton, corn, rice, tobacco, hogs. Sets production limits and set subsidies for farmers leaving some of there land un farmed. This is done by placing a tax on certain food products. This doesn't work because people can't buy the products in the first place. The problem is the landowner gets the money not the sharecropper or land leaser. Another problem is the government would say we will pay you not to farm 10 acres and this would cause the eviction of sharecroppers etc.
National Recovery Administration
set minimum wages and maximum hours a week. The intent was to reduce the quantity of goods that any factory or business could produce.
Tennessee Valley Authority
brings power to everyone, built damns, flood control, raised farm activity, and brought about reforestations
the radio priest who said the new deal was run by bankers. His growing anti-Semitism discreted him by 1939
built the capital in Bouton Ruge, built roads, schools, hospitals, he was loved. He had a pan called share the wealth-wanted people to have a 2500 wage and wanted people to have houses. He got shot in the capital
was the name that United States President Franklin D. Roosevelt gave to a sequence of programs he initiated between 1933 and 1936 with the goal of giving work (relief) to the unemployed, reform of business and financial practices, and recovery of the economy during The Great Depression. The name of the program was analogous to a new round of a card game: a new deal where the dealer collects all the cards and redistributes them.
was U.S. President Harry S. Truman's catchphrase for a series of social and economic reforms. Truman believed that the federal government should guarantee economic opportunity and social stability,
Works Progress Administration
1935 builds public buildings, airports, roads, and bridges. Programs for Art and Literature- a lot of people were hurt in the construction sector and people wondered why they did not support private business.
John Maynard Keynes
an economist who said that a government could bring the economy back up by spending money.
(Italy) in 1935 they decide to invade Ethiopia. They should have destroyed Ethiopia but the lingered there and almost lost
PM Neville Chamberlin flies back to Britain and says "We will have peace in our time".
comes to the US for help- met with Roosevelt for wartime alliance. British Prime Minister
US "loaned" munitions to the allies, hoping to avoid war by becoming an arsenal for the allied cause.
Project included Albert Einstein. Enrico Fermi who gets together and university of Chicago. December of 1942 under the football bleachers at university if Chicago they let loose the first fusion reaction. This was a top-secret program that cost 2 billion dollars. Two main areas were Las Alamos and Wisconsin.
February of 1945 we take Iwo Jimma, which is 750 miles from Tokyo and was the most costly battle ever.
- Supreme Court V NRA- Schechter brothers ran a wholesale poultry business in New York. They said the rules did not apply to them because they did not engage in interstate commerce and the court strikes down the entire premises of the NRA
General Douglas MacArthur
was taken out of the Philippians in may 1942- the Japanese surrendered to him in Tokyo Bay
Dwight D Eisenhower
We move to Berlin but Russia beat us there. Eisenhower was asked why didn't we get to Berlin first. He said let the Russians die if they want to get to Berlin so quickly.
In Europe you have Hitler who takes people who are down and out and raise them up and feel good about Germany and the Third Reich. He brought hope to Germany-used blitzkrieg
We lost 188 airplanes 1000 injured over 2400 dead in 2 hours 10 hours later Japanese took Mineola, Guam, Hong Kong, and Singapore Luckily our aircraft carriers were out
attempt by Roosevelt to appoint one new Supreme Court justice for every sitting justice over the age of 70 who had been there for at least 10 years. Wanted to prevent justices from dismantling the new deal. Plan died in congress and made opponents of New Deal inflamed.
august 6th 1945 the Anole Gay drops an Atomic bomb on Hiroshima and 80 thousand people die. They do not surrender so August the 8th the Soviet Union declares war on Japan. August the 9th we drop the second bomb on Nagasaki and 100 thousand-people die and they surrender. September 2 1945 in Tokyo bay the Japanese will surrender to MacArthur