Unit 7 New Deal / Other Laws Flashcards Preview

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Flashcards in Unit 7 New Deal / Other Laws Deck (38):
1

McNary-Haugen Bill

sought to keep agricultural prices high by authorizing the gov't to buy up surplus; vetoed twice by Coolidge

2

Agricultural Marketing Act

Designed to help farmers help themselves by setting up the Fed. Farm Board, with a $$$$$$$$$$$$$$ budget --> lent to farms to buy / sell surpluses

3

Hawley-Smoot Tariff

protective measure designed to help farmers, but lobbyists forced it to become the highest protective tariff ever in peacetime, caused Europe to raise their tariffs. Signed by Hoover

4

Muscle Shoals Bill

designed to dam Tennessee River, vetoed by Hoover because it was too 'socialistic'

5

Reconstruction Finance Corporation

became a gov't lending ban, to proved indirect relief by assisting insurance companies, banks, etc...

6

Glass-Steagall Act

1933, established FDIC, forbid commercial banks from speculating in stock market.

7

Schecter Case "Sick Chicken"

Shot down the NRA, because the Supreme Court found that the NRA was given the power of law-making, which is reserved only for Congress.

8

20th amendment

1933, took away the post-election lame duck session of congress and shortened the awkward period of inauguration by six week.

9

Court-Packing Scheme

The courts were constantly disagreeing w/ FDR, so he tried to get a law passed that said that for any supreme court justice over 70 who does not retire, the pres. is allowed to appoint another judge.

10

Fed. Securities Act ("truth in")

1933, required sellers of stocks / bonds to give infer about them / set penalties for violation

11

Emergency Banking Act

1933, reopen banks if found to be OK

12

Economy Act

1933 Cut veterans' benefits and gov't salaries

13

Beer Act

1933, made sale of beer and wine legal

14

Agricultural Adjustment Act

1933, pay farmers to reduce their production

15

Civilan Conservation Corps

1933, hired 2.5 million men 18-25 years old to work in envireonmentally-realted projects

16

Fed. Emergency Relief Act

1933, created $500 million for direct relief, created PWA for work relief, created CWA for work relief,

17

Farm Credit Act

refinanced farm mortgages at lower rates, 1/5 of all farms in the US

18

Tennessee Valley Authority Act

1933, established TVA to build and run hydroelectric plants

19

Home Owners' Loan Act

1933, refinanced home mortgages at lower rates, 1/5 of all urban homes in US

20

Soil Erosion Service

1933, provided assistance to farmers

21

RR Coordination Act

1933, merged small ones, set rules for rates

22

Nat'l Industrial Recovery Act

1933, created NRA, section 7a guaranteed right of workers to unionize and bargain collectively.

23

Gold Reserve Act

1934, removed gold standard, but dollars was still backed by gold but it could not be redeemed in gold.

24

Securities and Exchanged Commission

1934, license and regulate stock exchanges,

25

Nat'l Housing Act

1934, established Federal Housing Administration

26

Resettlement Administration

1935, helped farmers relocate to better land in response to Dust Bowl

27

Works Progress Administration

1935, $$ for work relief + direct relief

28

Nat'l Youth Administration

1935, created work for people 16-25 years old

29

Social Security Act

1935 created public assistance for aged, blind, dependent children and unemployment insurance, very popular

30

Banking Act of 1935

reduced power of private banks, more power to Fed. Reserve

31

Revenue Act of 1935

raised income tax rates for wealthy, revised scale of corporate income taxes

32

Natl Labor Relations Act (Wagner)

1935, created Nat'l Labor Relations Board: supervises employee voting re: unionization, investigates unfair labor practices

33

Soil Conservation and Adjustment Act

paid farmer sot plant certain plants and restricted production of crops in the name of conservation, 1936

34

Gov't Contracts Act

1936, Sec of Labor given authority to set wages: first fed. minimum wage law

35

Wagner-Steagall Act

1937, established US housing authority, made loans to cities and states to clear slums and build low-cost housing.

36

Fair Labor Standards Act

1938: nat'l minimum wage established, limited work wee, time and a half spay for overtime, no labor for children under 16

37

Agricultural Adjustment Act

1938 : replaced the 1933 AAA, gov't buys and stores grain in years of surplus, and sells its grain in years of scarcity. established new FEd. Crop Insurance Corp.

38

New Deal programs that still exist

NLRB, TVA, FDIC, SEC