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What Is The Relationship Between The Great Depression And The Three R's

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What Is The Relationship Between The Great Depression And The Three R's
Julianne Groshon
AP U.S. History
Chapter 36 - The Great Depression and the New Deal I. FDR: A Politician in a Wheelchair a. 1932 - voters still had not seen any economic improvement b. President Herbert Hoover nominated again - campaigned saying his policies prevented Great Depression from being worse than it was c. Democrats nominated Franklin Delano Roosevelt - fifth cousin of Theodore Roosevelt and had followed in his footsteps i. FDR suave and conciliatory ii. FDR stricken with polio in 1921 - his wife, Eleanor, became political partner 1. Eleanor - most active First Lady ever iii. Lost a friend in 1932 - he and Al Smith both sought Democratic nomination II. Presidential Hopefuls of 1932 d. Roosevelt seized opportunity to
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Hoover had been swept into presidential office in 1928 - in 1932, swept out with equal force (defeated 472 to 59) g. Transition of Black vote from Republican to Democratic Party h. During lame-duck period, Hoover tried to initiate some of Roosevelt’s plans - met by stubbornness and resistance i. Hooverites would accuse FDR of letting depression worsen so that he could emerge as shining savior IV. FDR and the Three R’s: Relief, Recovery, and Reform j. FDR asserted, “The only thing we have to fear is fear itself.” k. Called for nationwide bank holiday to eliminate paranoid bank withdrawals - commenced with his Three R’s l. Democratic-controlled Congress willing to do as FDR said - first Hundred Days of FDR’s administration filled with more legislative activity than ever before iv. New Deal Reforms had been adopted by European nations a decade before V. Roosevelt Tackles Money and Banking m. Emergency Banking Relief Act of 1933 passed first - a one week “bank holiday” so everyone would calm down and stop running on banks n. First of his thirty famous “Fireside Chats” with

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