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Second New Deal

From Wikipedia, the free encyclopedia
1935–36 New Deal programs of U.S. president Roosevelt

TheSecond New Deal is a term used by historians[1] to characterize the second stage, 1935–36, of theNew Deal programs of PresidentFranklin D. Roosevelt. The most famous laws included theEmergency Relief Appropriation Act, theBanking Act, theNational Labor Relations Act, thePublic Utility Holding Company Act, theSocial Security Act, and the Wealth Tax Act.[2][3]

In his address to Congress on 4 January 1935, Roosevelt called for five major goals: improved use of national resources, security against old age, unemployment and illness,slum clearance, and a national work relief program (theWorks Progress Administration) to replace direct relief efforts.[4] It included programs to redistribute wealth, income, and power in favor of the poor, the old, farmers and labor unions. The most important programs includedSocial Security, the National Labor Relations Act ("Wagner Act"), the Banking Act of 1935,rural electrification, andbreaking up utility holding companies. Theundistributed profits tax was only short-lived.

After trying since 1920, millions of organized World War veterans demanded their bonus. They never convinced FDR but New Deal liberals in Congress passed theBonus Bill of $1.5 to 3 million veterans over FDR's veto.[5]

Liberals strongly supported the new direction, and formed the long-term voterNew Deal Coalition of union members, big city machines, the white South, and ethnic minorities to support it. In reaction, conservatives—typified by theAmerican Liberty League—were strongly opposed but not as well organized at the grass roots. Big business took the lead in opposition.[6] Few liberal programs were enacted after 1936; liberals generally lost control of Congress in 1938.[7] Old programs continued for a while. Many were ended during World War II because unemployment was no longer a problem. These included theWPA,NYA and theResettlement Administration. Social Security and the Wagner Act, however, survived.

Most of the major laws had been under consideration by New Dealers for years. However, the increasing presence of agitators on the left, likeHuey Long of Louisiana andUpton Sinclair'sfailed gubernatorial campaign in California, may have forced Roosevelt's hand.[8][9][10] Other historians point to the influence of millions of organized World War veterans who wanted their bonus money for being a good citizen.[11]

See also

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References

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  1. ^And by a few contemporary commentators such asFrank Kent,Without Grease (1936), p. 63
  2. ^David M. Kennedy,Freedom from Fear: The American People in Depression and War 1929–1945 (1999) p. 242.
  3. ^William E. Lwuchtenburg,Franklin D. Roosevelt and the New Deal: 1932–1940 (1963) pp. 143–166.
  4. ^"Franklin D. Roosevelt: Annual Message to Congress".www.presidency.ucsb.edu. Retrieved2022-05-12.
  5. ^Stephen R. Ortiz,Beyond the Bonus March and GI Bill: how veteran politics shaped the New Deal era (NYU Press, 2010).[ISBN missing][page needed]
  6. ^Kim Phillips-Fein,Invisible Hands: The Businessmen's Crusade Against the New Deal (2010)[ISBN missing][page needed]
  7. ^James T. Patterson,Congressional conservatism and the New Deal (University Press of Kentucky, 2014)[ISBN missing][page needed]
  8. ^Kennedy, pp. 242–245.
  9. ^Edwin Amenta, Kathleen Dunleavy, and Mary Bernstein. "Stolen thunder? Huey Long's 'Share our wealth,' political mediation, and the second New Deal."American Sociological review (1994): 678–702.online
  10. ^Gregory, James N. (December 2015). "Upton Sinclair's 1934 EPIC Campaign: Anatomy of a Political Movement".Labor: Studies in Working-Class History of the Americas.12 (4):51–81.doi:10.1215/15476715-3155152.
  11. ^Stephen R. Ortiz,Beyond the Bonus March and GI Bill: how veteran politics shaped the New Deal era (NYU Press, 2010).[ISBN missing]

Further reading

[edit]
  • Amenta, Edwin, Kathleen Dunleavy, and Mary Bernstein. "Stolen Thunder? Huey Long's 'Share Our Wealth', Political Mediation, and the Second New Deal."American Sociological Review (1994): 678–702.JSTOR 2096443
  • Best, Gary Dean. "Stuart Chase and the Second New Deal." inPeddling Panaceas ( Routledge, 2017) pp. 145–168.
  • Folsom, Burton (2009).New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America.Threshold Editions.ISBN 978-1416592228.
  • Jeffries, John W. "A 'Third New Deal'? Liberal Policy and the American State, 1937–1945."Journal of Policy History 8.4 (1996): 387–409.
  • Katznelson, Ira (2013).Fear Itself: The New Deal and the Origins of Our Time. New York:Liveright Publishing Corporation.ISBN 978-0871407382.
  • Kennedy, David M.Freedom from Fear: The American People in Depression and War, 1929–1945 (2001)[ISBN missing]
  • Leuchtenburg, William.Franklin D. Roosevelt and the New Deal: 1932–1940 (1963).online
  • Marty, Frédéric, and Thierry Kirat. "The late emerging consensus among American economists on Antitrust laws in the second New Deal (1935–1941)." inThe late emerging consensus among American economists on Antitrust laws in the second New Deal (1935–1941) (2021): 11–51.online
  • Ortiz, Stephen R.Beyond the Bonus March and GI Bill: how veteran politics shaped the New Deal era (NYU Press, 2010).[ISBN missing]
  • Patterson, James T. (1967).Congressional Conservatism and the New Deal. University Press of Kentucky. p. 37ff.ISBN 9780813164045..
  • Phillips-Fein, Kim.Invisible Hands: The Businessmen's Crusade Against the New Deal (2010)excerpt and text search
  • Schlesinger Jr., Arthur Meier.The Politics of Upheaval: 1935–1936 (The Age of Roosevelt, Volume III) (1959),excerpt and text search
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