Roosevelt

9 Pages 2194 Words

lems before he did anything else because he knew that a strong and reliable money system would build up confidence in the Americans, which would act as a foundation for the American economy. In 1933 Roosevelt proved to the Americans that the promises he made before he was president were not just ‘vote winners´ because he started to help straight away. The first of Roosevelt´s schemes was the ‘100 days´. The ‘100 Days´ was a relief program in which Roosevelt passed 15 laws which tackled some of America´s biggest problems, all within 100 days. First of all, Roosevelt introduced the Emergency Banking Act (EBA). The EBA was designed to end the banking crisis in America. All banks were closed for ten days and only those approved by the federal government were allowed to reopen. Roosevelt used the radio to talk directly to the citizens of America. On the radio Roosevelt explained his policies through a series of ‘fireside´ chats. He explained that he was doing something to help America and that he would need their cooperation. The public was obviously convinced that Roosevelt was on their side because when the banks reopened, many people began to reinvest their money in a reopened bank.
Within the ‘100 Days´ relief program, there was also a rapid program of legislation which would help solve the country´s problems. The other Acts within the ‘100 Days´ were the AAA, TVA, HOLC and NIRA (these Acts/schemes will be explained later). All of these schemes were aimed to bring relief to as many people as they could and to bring the relief quickly.
Unemployment was also a major problem in America in the 1930s. Firstly, there was immediate relief for the unemployed through a 500 million dollar Federal aid. Roosevelt knew that this aid was only temporary so he introduced huge public work schemes to keep unemployment down. T...