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• • • • • Upon his inauguration Roosevelt faced the enormous task of stabilizing the national banking system. Roosevelt took drastic measures to overhaul the previous system. On March 6, 1933, two days after becoming president, Roosevelt declared a five-day national bank holiday to close banks temporarily to prevent the onslaught of depositors seeking to withdraw money. FDR called Congress into an emergency session where Congress signed the President’s proposal. Several days later, Congress passed the Emergency Banking Relief Act, which gave government the power to regulate in addition to inspect all bank and monitor banking transactions as well as close poorperforming banks. Several months later, Congress passed the GlassSteagall Banking Reform Act to protect savings deposits. The act, in turn, created the Federal Deposit Insurance Corporation (FDIC), which insured an individual's savings of up to $5,000 (today, it insures deposits of up to $100,000). The act also regulated lending policies and forbade banks from investing in the stock market. After the banking crisis was resolved, Roosevelt aired the first of his “fireside chats” to over 50 million radio listeners, encouraging Americans to redeposit their money in the newly opened banks. http://www.mybudget360.com/wp-content/uploads/2009/01/greatdepression-foreclosures.png • The "First New Deal" of 1933 was aimed at meeting the needs of practically all major groups, from banking and railroads to industry and farming. • Enacted economic various economic programs to relieve mounting unemployment • Reformed business and financial programs to stimulating the recovery of the economy • The New Deal innovated with banking reform laws, work relief programs, agricultural programs, and industrial reform (the National Recovery Administration, NRA), and the end of the gold standard http://www.studyzone.org/testprep/ss5/c/presidential.gif • A "Second New Deal" (1935–1938) included labor union support, the Works Progress Administration (WPA) relief program, the Social Security Act, and programs to aid the agricultural sector, including tenant farmers and migrant workers. • The Supreme Court ruled several programs unconstitutional; however, most were soon replaced, with the exception of the NRA. • The Fair Labor Standards Act of 1938 was the last major program launched, which set maximum hours and minimum wages for most categories of workers. http://gummibear.netfirms.com/HTML/Images/Fdrcart2.gif • The bombing of Pearl Harbor on December 7, 1941 propelled the United States to enter World War II • The devastating event of Pearl Harbor promoted the unanimous vote in Congress to declare war • December 8, 1941 was the official date of the U.S. declaration of war. • This war, while not unexpected, was not the war the U.S. wanted to take part in due to the fact that Germany was deemed a great threat. Hitler didn't declare war against the U.S. until December 11,1941 • The entry of the United States of America ended the stance of neutrality. It pushed the United States into the international spotlight • • • • The Supreme Court and a some Republicans and conservative Democrats had at various times proven resistant to FDR's New Deal. FDR set out in his second term to remove these roadblocks. The major road block of FDR’s New Deal was the Supreme Court .Roosevelt knew that if the Court ruled the centerpiece of the early New Deal unconstitutional, it would more likely do the same to subsequent programs, such as the Social Security Act, when they appeared on the Court's docket. Roosevelt's best hope was for the composition of the Court to change. But older, conservative justices opposed to FDR's program refused to retire -- and some of the most ardent New Deal supporters surmised that these jurists simply refused to die -- so FDR sought a more systematic way to shield his policies from court action. Roosevelt’s solution was to create a new seat in the Supreme Court so that his agenda’s were able to become balanced with an even vote. Yet before the plan was able to be put into action, the Supreme Court voted to pass all the Roosevelt’s bills • Roosevelt also had his eyes set on revamping the administrative and bureaucracy in charge of the implementation of Chief Executive policies. • In 1937, FDR sought to for executive reorganization for a single administrator to replace the three-member Civil Service Commission, for the President and his staff to assume more responsibility in budget planning, and for every executive agency to come under the control of one of the cabinet departments • The plan did not work as opponents and republicans portrayed the act as just another plan to further the plan of the President disrupting the balance of power by giving the FDR more authority • In 1939, Congress did pass a reorganization bill that created the Executive Office of the President (EOP) and allowed FDR to shift a number of executive agencies (including the Bureau of the Budget) to its watch. While FDR did not get the far-reaching result he sought in 1937, the 1939 legislation strengthened the Presidency immeasurably. The Good Neighbor policy was created by President Roosevelt to strengthen international relations with Latin American countries due to the ever increasing conflicts the started to arise The main point of the policy was to maintain peace in Latin America without the need of military involvement The proposal was meant to persuade Latin America countries to join the Organization of the American States under the United Nations To ensure support Roosevelt emphasized cooperation and trade rather than military intervention to maintain peace The idea was to use the collaboration of the countries to further US goals http://www.historians.org/Projects/GIroundtable/Good_Neighbor/GoodNei ghbor_Cover.jpg The Pan American Convention was a conference held in Montevideo, Uruguay on December 26, 1933. During this convention President Franklin Roosevelt as well as other states signed the Montevideo Convention on the Rights and Duties of States By signing the Treaty the US declared that American disagreement to military intervention in inter-American affairs. The treaty was meant to reverse the Yankee imperialism image that had associated with United States The treaty later served as international law that declared the rights and duties that the states had to follow this. Also were FDR introduced his good neighbor policy. This was important because it set ground rules for all states to go by. Roosevelt finally called for war or to intervention as Germany attacked Russia in the June of 1940 July 1, 1941 the U.S. Sent 4,000 marines to stop a German invasion. But at this point the US remained neutral despite giving aid. Yet after Pearl Harbor the U.S. Signed a Declaration of War on Japan. I believe this was important because it was the start of WWII for the U.S. The Neutrality acts were created by FRD and passed by congress in order to keep the U.S. Out of another war. The act was passed in 1935 and only allow limited arms sales to other nations that were not at war. It also stopped an loans to nations that had not paid off there other war debts and also did not allow the transport of arms to counties during war time. Though when Pearl Harbor came the acts were repealed. It was important cause it acted within the interest of the U.S. Not to go to war. The Lend-Lease program was designed to provide allied nations with aid without going to war. It also acted within the guide lines of the Neutrality acts it gave aid to Great Britain, USSR, & China and other smaller nations. By the end of the war the U.S. Lent out over $45 billion dollars in supplies. This was important because it gave crucial aid to allied nations If we were to evalute Franklin D. Roosevelt a grade based on his overall presidency as well as his policies I would give him an A-. President Roosevelt is flawed and human like us all. Yet this man was able to change the dynamics of the United States and bring back the once desolate nation into a new era that brought the US into the international arena. He was able to navigate the challenges that WWII brought forth as well revive the US economy. Roosevelt in our opinion was a man that revolutionized the Untied States of America, more than any other President. Bibliography Source for foreign policyhttp://www.yale.edu/ynhti/curriculum/units/1978/3/78.03.05.x.html http://www.sparknotes.com/history/american/depression/context.html "New Deal." Wikipedia, The Free Encyclopedia. 11 Jun 2009, 00:13 UTC. 11 Jun 2009 <http://en.wikipedia.org/w/index.php?title=New_Deal&oldid=295684659>.