Owners let tenants use the land for a share of the crops produced.
Using handouts, have students names the agencies on the stamp. Ex. re. success: private power companies were opposed to the TVA
Harry Hopkins – use handouts to discover which agencies he ran: Ie. first = FERA = May 1933 Fed Emerg Relief Agcy(p. 120 from Howarth text) next = WPA = April 1935 Works Progress Admin p.121 Howarth text)
Caption: Meanwhile What About the Main Line Express? Source/Date: Saturday Evening Post, August 18, 1934 Ultimate Source(if different): Creator: Herbert Johnson Remarks: One of many anti-New Deal cartoons in the Post. All the utopian, dreamy experiments are holding up the business express -- a common conservative critique.
Anti-New Deal Cartoon, 1936
Title New Deal: Cartoon, 1943 Artist Granger Description NEW DEAL: CARTOON, 1943. American cartoon by Clifford Berryman, 1943, illustrating President Roosevelt's remark that 'Dr. Win the War' was supplanting 'Dr. New Deal' in the priorities of his administration.
Transcript of "Introduction to The Great Depression and the New Deal"
The New Deal
Blessing or Curse?
J. MARSHALL, 2008
Reasons for the Crash and other
factors that led to depression
• The stock market was a relatively new thing stocks vs. gold (traders and buyers were
• Buying on margin - a license to print money
• Panicked selling over almost a week caused
the Wall St. market to collapse on Black
Tuesday, Oct 29, 1929
Other economic problems
• The price of wheat had been falling since 1927:
over-production didn’t drop so prices did farmers’ mortgages suffered: no cash means no
• Manufacturers were over-producing consumer
goods = few consumers = layoffs = less
spending money = fewer consumers
• USA protectionist tariffs = trade barriers for all
• Germany’s inability to pay reparations affected
the Allies’ ability to repay loans to USA
The Beginning was Worst:
Looking at Canada
• Canada’s economy was very closely connected to
the USA - trading/branch plants/investors:
– Wheat (40% of world supply)
– Newsprint (65% of world supply)
• As the economy failed people lost their jobs and
the ability to pay rent: vagrancy meant jail time
• To collect POGEY or the “DOLE” (Relief
vouchers) one had to publicly declare her poverty:
why would so may do without relief?
• Private charity/soup kitchens
Laissez Faire - let it be
men looked for
“riding the rods”
• Blindsided by the
• Didn’t want to threaten
the “American Way of
Life” (free enterprise)
Franklin D. Roosevelt
• Called Keynes a “fool”
• “Nothing to fear…”
• New Deal - 3 Rs
• First 100 Days
FDR listened to the
WAY OUT OF
John Maynard Keynes
govern e problem
l with t
Herbert Hoover vs.
• Hoover’s strategy was to lower interest rates the problem was too big!
• FDR’s 100 days in 1933
Close banks for three days
New Deal = “alphabet agencies”
Every letter to the President will be answered
create CONFIDENCE and give LEADERSHIP
nal Recovery Ad
W o r ks
• Fireside Chats the soap box is dead!
• All letters to the
President will be
answered! (1000s / day)
Millions were Suffering
• Sharecroppers were displaced
ex. Grapes of Wrath
Search for arguments on the
The New Deal:
Statistics New Deal
Effectiveness New Deal
Criticism New Deal
New Deal Extended the
• Benefits of the New Deal
• Damage of the New Deal
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