Roosevelt summoned Congress to meet in an emergency session during his First Hundred Days in order to pass a series of laws to end the crisis. His first step was the Emergency Banking Act . This closed weaker banks and helped the stronger ones. It was designed to restore confidence in the banking system...
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This closed weaker banks and helped the stronger ones. It was designed to restore confidence in the banking system. The Economy Act cut the salaries of government employees and set up the Securities Exchange Change Commission to prevent reckless speculation in shares. Roosevelt then set up a series of agencies, known as Alphabet Agencies, to deal with the various problems...
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The New Deal In the first two years, the New Deal was concerned mainly with relief, setting up shelters and soup kitchens to feed the millions of unemployed. On March 6, 1933 Roosevelt called a nationwide bank holiday, and on March 9 Congress passed the Emergency Banking Act, which provided for federal bank inspections...	5 / 1387
The New Deal Businesses that complied with the codes were exempted from antitrust laws, and workers were given the right to organize unions and bargain collectively...	3 / 782
the new deal In order to accomplish this monumental task, several agencies were created. The National Recovery Administration (NRA) was the keystone of the early new deal program launched by Roosevelt...	4 / 847
The New Deal In order to accomplish this monumental task, several agencies were created. The National Recovery Administration (NRA) was the keystone of the early new deal program launched by Roosevelt...	4 / 858