Threats to the New Deal Flashcards
X5 groups on the left
EPIC Share Our Wealth Old Age Revolving Pensions Inc National Union of Social Justice Thunder on the Left
Main group of the right
Liberty Leaguers
What was a major difference in the voices of the left and right wing groups against the New Deal?
politically speaking, one voice on the right w/ one precise message
on the left, several incoherent groups w/ no universal demands
X3 key figures within the Liberty Leaguers
Alfred Sloane
Dupont
Al Smith
Who was Alfred Sloane?
Chief of GM
Key Liberty Leaguer
When was the Liberty Leaguers group organised from?
April 1934
X4 key reasons for liberty leaguers opposing the New Deal
- too much government intervention
- detested tax increases on wealthy
- saw New Deal as socialist experiment (likened to USSR Communism)
- New Deal clamping down on free market
What did Liberty Leaguers see FDR as a traitor of?
His class
Not all industrialists agreed with the Liberty Leaguers. Give an example
Teagle of Standard Oil
What point mutes the significance of the Liberty Leaguers in terms of being a threat to the N.D
They simply represented interests which were already there (big business) rather than being a new up and coming threat
What was suggested that the far right had planned for 1934? Who apparently happened to this plan?
a coup d’état supposedly planned for 1934
foiled by the general that was going to lead it
What key fiscal policy demonstrates the Liberty Leaguers ability to manipulate the New Deal to suit their interests?
FDR abandoned inheritance tax after they applied pressure
Who was the Presidential candidate for the Republicans and far right in 1936
Alfred Landon
How many votes did Landon receive in 1936
16,680,000
How many votes did FDR receive in 1936
27,751,000
How many more votes did FDR receive in 1936 than Landon
over 11million more
What was the right able to do to the extreme left wing, particularly the EPIC campaign?
provided mass funding to take down the influence of the left
e.g Hollywood’s movie industry funded Landon and used propaganda to target Upton Sinclair
What did businesses challenge in an attempt to weaken labour influence?
the National Labor Relations Board
which corporation in particular challenged the National Labor Relations Board? What was the result?
US Steel corporation
lost their legal challenge against the NRA
What did big business do to the ‘wealth tax bill’ in 1935? What was the result?
Lobbied the bill until it became a toothless measure w/ almost meaningless significance
What did big business persuade congress to pass an extremely watered down version of in 1935?
the Public Utility Holding Company Act
When was the Public Utility Holding Company Act passed by Congress after pressure from big business?
1935
Who led the EPIC campaign?
Upton Sinclair
What did EPIC stand for?
End Poverty in California