The Third New Deal 1937-9

Question 1

B-J FTA 1937

Answer 1

Bankshead-Jones Farm Tenant Act 1937
Created FSA (Farm Security Admin) which replaced the RA
Helped thousands to stay on their land
30 camps for displaced families
Medical and dental centres
Loans for machinery

Question 2

By 1947 how many had bought their farms thanks to the B-J FTA?

Answer 2

40,000 ($800mil borrowed to rehabilitate farms)

Question 3

2nd AAA 1938

Answer 3

Based on subsidies for storing crops in good years
Based on QUOTAS - more fair to smaller famers
Set up Commodity Credit Corporation (loans to store excess produce)
and Food Stamp Plan (farms distributed excess foods to those on relief)

Question 4

W-S NHA 1937

Answer 4

Wagner-Steagall National Housing Act
Set up US Housing Authority
Allocated only $500m (1/2 of requested)
Only 10% could be spent in one state
1941 - 160,000 homes built - inadequate

Question 5

What were some issues with the W-S NHA and USHA?

Answer 5

Only 10% could be spent in any one state - although problems were concentated in NE cities
Only 1/2 of requested budget allocated ($500mil)
Only built 160,000 homes by 1941 which was inadequate for the need
Conservatives feared public housing was a threat to capitalism

Question 6

FLSA 1938

Answer 6

Fair Labour Standards Act
Minimum wage set at 25cents/hr and maximum working hours 44/week
Wages of 300,000 increased and hours of 1.3million reduced
Interstate shipment of goods made by under 16s forbidden
Children under 18 banned from working in hazardous enviroments
Set up Wages and Hours division in DoL