Signs the Agricultural Adjustment Act which increased agricultural prices by reducing any surpluses. Signs Executive Order 6102, removing gold from circulation (prohibits “hoarding” of gold effectively nationalizing gold). Signs Executive Order 6101, creating the Civilian Conservation Corps, a public work program focused on improving public lands. “.no discrimination shall be made on account of race, color, or creed. Signs Unemployment Relief Act ( 48 stat 22) providing for performing of “useful public works” including the Civilian Conservation Corps (a public work relief program). Signs the Cullen-Harrison Act, ( 48 Stat 16) amending the Volstead Act, to permit sale of low-alcohol beer and wine. This bill cut federal spending by 243 million dollars. Signs the Economy Act which reduced the salaries of various federal workers and limited payments made to veterans. Message to Congress urging “immediate modification” of the Volstead Act. Lastly, reveals that banks would reopen the next day. He argues that he prevented withdrawals by panicked investors. Roosevelt justifies his decision to temporarily close all banks. Three days later, the Congress passed the Emergency Banking Act ( 48 Stat 1)in response to President Roosevelt’s Proclamation.ĭelivers his first presidential Fireside Chat on national radio. He also reveals that if Congress fails to pass necessary legislation, he will use “broad Executive power to wage a war against the emergency.”Īnnounces Proclamation 2039, calling for a national “bank holiday' and urges the US to close all banks. Inaugural Address.Calls for strict supervision over banks and investing institutions.

President Hindenburg appoints Adolf Hitler as the Chancellor of Germany.ĭuring a speech in Miami, Florida, Giuseppe Zangara fires his gun and tries to assassinate President-Elect Roosevelt. Inauguration Day is changed to January 20th from March 4th. Roosevelt defeats incumbent Herbert Hoover with 57.4% of the popular vote 89% of the electoral vote. Franklin Delano Roosevelt (32) Event TimelineĮlection Day.

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