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New Deal Timeline - Beckett
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Emergency Banking Relief Act
For Recovery: It gave the president the right to control banking in the country and also, Title I, Section III, allowed the Secretary of the Treasury to force individuals or organization to give their gold to the federal Treasury. Banks were also forbidden to do business. -
Beer and Wine Revenue Act
For Reform: It allowed alcoholic beverages with less than 3.2% by volume alcohol in them to be sold and taxed. It was the beginning of the end of prohibition. -
Unemployment Relief Act
For Relief: It allowed the government to give out loans to states in order to create jobs for the unemployed. It was amended to the Volstead Act. -
Agricultural Adjustment Act
For Relief: The government would pay farmers to let part of their fields lie fallow and to kill off excess livestock. It was highly controversial because many people in America and abroad were starving. -
National Industrial Recovery Act
For Recovery: It allowed the president the authority to regulate monopolies in order to stimulate the economy. It also created the Public Works Administration. -
Glass-Steagall Banking Reform Act
For Reform: The act seperated banking into comercial and investment banking. It also created the Federal Deposit Insurance Corporation. -
Reciprocal Trade Agreements Act
For Reform: It gave the president the authority to negotiate reciprocal trade agreements with other countries in order to control America's international trade. -
Indian Reorganization Act
For Reform: The act returned Native American lands to communal possession and encouraged them to uphold their traditions and culture. -
National Housing Act
For Relief: The act helped make mortagages and housing more affordable. -
Frazier-Lemke Farm Bankruptcy Act
For Relief: The act restricted the ability of banks to repossess farms. -
Gold Reserve Act
For Recovery: The act demanded that citizens surrender their gold to the federal government, as well as gold certificates, in order to allow the government to control the foundation of the U.S. dollar to help lower the inflation rates. -
Wagner Act (National Labor Relations Act)
For Reform: It protects the right of labor unions and strikes for citizens. However, it does not apply to does not apply to workers covered by the Railway Labor Act, agricultural or domestic employees, supervisors, government workers, or independent contractors, -
Social Security Act
For Reform: The act allowed giving money to retirees and the unemployed. It also provided benefits to widows and fatherless children or orphans. -
Public Utility Holding Company Act
For Reform: The act gave government the control over electricity as a public utility in order to keep prices fair for the citizens, which was also helpful in keeping debt slightly lower. -
Soil Conservation and Domestic Allotment Act
For Relief: It allowed the federal government to pay farmers to conserve the soil by not using it, which also helped to prevent erosion. It was to help keep production down instead of the previous surplus. -
Second Agricultural Adjustment Act
For Relief: It replaced the first AAA after it was voted unconstitutional and basically did the same as the first act, but was paid for by the federal government instead of a processor's tax. -
Hatch Act
For Reform: The act prohibited partisan political activity and overthrowing the constitutional form of government present in the U.S..