gold standardMay 12 - the Federal Emergency Relief ActMay 12 - the Agricultural Adjustment ActMay 18 - the Tennessee Valley Authority ActMay 27 - the Truth-in-Securities ActJune 13- The Home Owner’s Loan ActJune 16- the Glass-Steagall Banking ActJune 16- the Farm Credit ActJune 16- the Railroad Coordination ActThe Civilian Conservation Crops goal was to put young, unmarried men to work, to give them something to do, as well as feed, cloth, and house them. By September 1935, over five hundred thousand young men lived in CCC camps. During its existence more than two and one-half million boys would enlist. They planted trees, built flood barriers, stocked fish, and built a network of lookout towers and roads and trails so that fires could be detected and reached more easily. They also fought those fires, with forty-seven losing their lives (Leuchtenburg 174). The other benefit just as important as the work was the pride and skills that it taught. Their statements to interviewers expressed their pride in the experience. “I weighed about 160 pounds when I went there, and when I left I was 190 about. It made a man of me all right.” “Here they teach you how to pour concrete and lay stones and drive trucks, and if a boy wants to go and get a job after he’s been in the C’s, he’ll know how to work”(qtd in Schlesinger 339). The Civilian Conservation Corps is often considered the most successful of the New Deal initiatives.The abandonment of the gold standard was accomplished by an executive order permanently embargoing the export of gold. This was done to fight deflation and ease the burden on debtors.The Federal Emergency Relief Act set aside five hundred million dollars for grants-in-aid to states. Two hundred and fifty million was to be assigned on a matching basis and the other half was to go where need was urgent and the matching requirements could not be met (Schlesinger 267). The...
