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FDR proposed a piece of legislation to stabilize the country's failing banking system.
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Slashing government spending by cutting $500 million in scheduled payments to veterans adn federal employees.
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The president gave the first of his many fireside chats on the day before the first banks were to reopen.
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Put 250,000 young unemployed men to work in reforestation development of the National Parks and Forests.
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THis act sought to destroy crops to raise the price
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Committed the federal government to the regulation of Wall street.
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This established tyhe Federal Deposit Insurance Corporation. This provided federal insurance for individual bank accounts up to $5,000.
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John Collier had helped arrange this act
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Passed to insure loans for construction and repairs of homes.
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Allocates $5 billion for work relief projects administered through the new Works Progress Administrations.
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National Industrial Recovery Act was ruled unconstitutional on this day.
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FDR signed the SS Act on this day.
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The constitutionality of the Social Security Act was upheld on this date.
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Gone With the Wind came out this year and is one of the most popular films of all time.
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Union membership grew from 3 million in 1933 to over 10 million in 1941.
