unigo_skin
© 2014 Shmoop University, Inc. All rights reserved.
 

Timeline

Jul 1, 1932

FDR Pledges New Deal

Franklin D. Roosevelt wins the Democratic Party's nomination for the presidency, prevailing on the fourth ballot at the Democratic Convention in Chicago. In a break with precedent, Roosevelt travels to Chicago to accept the nomination in person. "I pledge you, I pledge myself," Roosevelt declares, "to a new deal for the American people."

Nov 8, 1932

Roosevelt Elected

Franklin D. Roosevelt defeats Herbert Hoover in a landslide to win the presidency. Hoover wins only six states as FDR steamrolls to victory with more than 57% of the popular vote and 89% of the electoral vote.

Mar 4, 1933

“Only Thing to Fear is Fear Itself”

Franklin D. Roosevelt is inaugurated as President of the United States. In his inaugural address, Roosevelt famously declares that "the only thing to fear is fear itself."

Mar 9, 1933

Bank Stabilization

Franklin D. Roosevelt calls Congress into special session, sending up as his first piece of proposed legislation a bill to stabilize the country's failing banking system. Congress passes the bill that very day.

Mar 11, 1933

Economy Bill

Congress passes Franklin D. Roosevelt's economy bill, slashing government spending by cutting $500 million in scheduled payments to veterans and federal employees.

Mar 12, 1933

First Fireside Chat

Franklin D. Roosevelt conducts his first "Fireside Chat," going on the radio to communicate directly with the American people. Roosevelt reassures the country that its banks are now safe for business.

Mar 13, 1933

Confidence in Banks Restored

Franklin D. Roosevelt lifts the nationwide bank holiday he imposed one week earlier. Customers, buoyed by FDR's confidence in the banking system, deposit more money than they withdraw, ending the country's banking crisis.

Mar 22, 1933

Prohibition Ends

At Franklin D. Roosevelt's request, Congress ends Prohibition, legalizing the sale of beer with an alcohol content of up to 3.2%. While a few old-line "dry" Senators attempt to filibuster the bill, House members invade the Senate chamber, chanting "Vote! Vote! We want beer!"

Mar 31, 1933

Civilian Conservation Corps

Congress creates the Civilian Conservation Corps, which will put 250,000 young unemployed men to work in reforestation and development of the National Parks and Forests.

Apr 19, 1933

Gold Standard Ends

The United States goes off the gold standard, allowing inflationary forces to begin to lift the economy.

May 12, 1933

Federal Emergency Relief Act

Congress passes the Federal Emergency Relief Act, distributing hundreds of millions of dollars to the states for dispersal to the one-fourth of the national workforce unable to obtain jobs.

May 12, 1933

Agricultural Adjustment Act

Franklin D. Roosevelt signs into law the Agricultural Adjustment Act, which seeks to alleviate rural misery by reducing farm output and raising prices.

May 18, 1933

Tennessee Valley Authority

Congress creates the Tennessee Valley Authority to build dams and provide cheap public power, irrigation, and fertilizer while promoting economic development in the impoverished Tennessee River Valley.

May 27, 1933

Federal Securities Act

Congress passes the Federal Securities Act, for the first time committing the federal government to the regulation of Wall Street.

Jun 16, 1933

National Industrial Recovery Act

Congress passes the National Industrial Recovery Act, the signature piece of legislation of the First New Deal, which Roosevelt hopes will lift the industrial economy out of Depression.

Jun 16, 1933

Banking Act of 1933

Congress passes the Banking Act of 1933, which establishes the Federal Deposit Insurance Corporation, which virtually ends bank failures in America.

Jun 16, 1933

Hundred Days Congress Adjourns

The Hundred Days Congress adjourns from its special session, having passed all fifteen bills requested by President Roosevelt.

Dec 5, 1933

Twenty-First Amendment

The Twenty-First Amendment takes full effect, ending Prohibition not only on beer and wine—legalized in March—but also on hard liquor.

Jun 19, 1934

National Labor Relations Board Created

The National Labor Relations Board is created to hear cases arising from the labor guarantees included in the National Industrial Recovery Act.

Jun 28, 1934

Federal Housing Administration Created

Congress creates the Federal Housing Administration to insure loans for construction and repairs of homes.

Apr 8, 1935

Emergency Relief Appropriations Act

Congress passes the Emergency Relief Appropriations Act, which allocates $5 billion for work relief projects administered through the new Works Progress Administration, which will ultimately employ more than eight million Americans.

May 11, 1935

Rural Electrification Administration Established

Franklin D. Roosevelt establishes the Rural Electrification Administration to extend power to the vast majority of American farms that still lack electricity.

May 27, 1935

National Industrial Recovery Act Ruled Unconstitutional

In Schechter v. United States, the Supreme Court rules that the National Industrial Recovery Act—the centerpiece of the First New Deal—is unconstitutional.

Jul 5, 1935

Collective Bargaining Established

Franklin D. Roosevelt signs the Wagner National Labor Relations Act, which re-establishes the right to collective bargaining that had been thrown out by the Supreme Court along with the rest of the NRA in the Shechter decision.

Aug 14, 1935

Social Security Act

Franklin D. Roosevelt signs the Social Security Act, the signature piece of legislation of the entire New Deal era, which permanently changes the relationship between the American people, their government, and the free market.

Aug 30, 1935

Wealth Tax

Congress passes Franklin D. Roosevelt's "wealth tax," a largely symbolic measure that raises the top tax rate to 79%. Still, more than 95% of American families pay no income tax at all.

Jan 6, 1936

Agricultural Act Ruled Unconstitutional

In United States v. Butler, the Supreme Court rules that the Agricultural Adjustment Act is unconstitutional.

Nov 3, 1936

Roosevelt Re-Elected

Franklin D. Roosevelt is elected to a second term as president, winning in a landslide over Republican Alf Landon. Roosevelt wins every state but Maine and Vermont.

Jan 20, 1937

Roosevelt Inaugurated to Second Term

Franklin D. Roosevelt is inaugurated into his second term in the White House, promising further reform to improve conditions for "one third of a nation ill-housed, ill-clad, ill-nourished."

Feb 5, 1937

Court Packing

Frustrated with the Supreme Court's rejection of much of his program, Franklin D. Roosevelt proposes new legislation allowing him to expand the court to fifteen members, which would allow him to install as many as six friendly justices to overrule the existing conservative majority.

Mar 27, 1937

West Coast Hotel v. Parrish

In West Coast Hotel v. Parrish, the Supreme Court upholds a Washington state minimum-wage law. Conservative justice Owen Roberts, who previously sided with the anti-New Deal bloc on the court, votes with the majority, creating a new pro-New Deal majority and ensuring that government interventions into the economy will no longer be overturned as unconstitutional.

Apr 12, 1937

Supreme Court Upholds National Labor Relations Act

The Supreme Court upholds the constitutionality of the National Labor Relations Act.

May 24, 1937

Supreme Court Upholds Social Security Act

The Supreme Court upholds the constitutionality of the Social Security Act.

Advertisement
Advertisement
back to top