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Date Posted: 08:46:37 02/14/03 Fri
Author: *MaLlOrY*
Subject: Ch26-AllMySections

Here are my sections...........

Restoring Confidence
A.Roosevelt’s Personality
1.At Inauguration he stated “The only thing we have to fear is fear itself”
2.promised to take drastic measures
3.”Fireside Chats”
a.radio announcements in which he explained his plans to the people
4.Roosevelt was greatly respected by reporters and journalists
B.“Bank Holiday”
1.issued a proclamation closing all American banks until Congress could meet to discuss banking reform legislation
2.Emergency Banking Act
a.designed to protect large banks from being dragged down by smaller ones
b.Congress passed bill in less than 4 hours
c.immediate banking crisis ended
C.Economy Act
1.meant to assure Americans that the federal government was in good hands
a.passed immediately
D.Prohibition Repealed
1.in 1933 alcohol manufacturing became legal

The “Second New Deal”
A. The Holding Company Act of 1935
1. Roosevelt proposed an act to break up the great utility holding companies

Social Security
A.SS Act
1.elderly – two types
a.presently destitute - $15 per month
b.workers – retirement income - $10-$85 per month
2.broad category of workers were excluded including farmers, blacks, women
B.Unemployment Insurance
1.benefits available to all including elderly poor, disabled, dependent children and their mothers


The Idea of “Broker State”
A. Establishment of “Broker State”
1. certain groups receive government assistance
2. federal government became mediator that could intervene in order to help some groups and limit other groups’ power
3. farmers and workers received new protections

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