The Great Depression - A New Deal | 3

American History Tellers

Wondery

Society & Culture, Kids & Family, History, Education For Kids

4.7 • 18.3K Ratings

🗓️ 6 March 2019

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

With the country was still hobbled by the Depression, New York Governor Franklin Delano Roosevelt promised a “New Deal” for the American people. That vow handed Roosevelt a contested Democratic nomination and helped him crush Hoover in the general election. Roosevelt began his presidency with a flurry of policy proposals and legislative efforts focused around three priorities: relief, recovery, and reform. These new efforts saw millions of young men put back to work preserving natural areas as part of the Civilian Conservation Corps and undertaking a massive rural electrification project in the Tennessee River Valley. And the country’s first female cabinet member led the creation of Social Security, one of the crowning achievements of Roosevelt’s administration.

Meanwhile, a reckoning was in order for Wall Street. Years after the stock market crash, a raucous senate investigation would unveil egregious abuses by financiers.

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Transcript

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0:00.0	Hey, prime members, you can listen to American History Tellers add free on Amazon Music,
0:05.6	download the app today.
0:09.0	Imagine it's a sweltering summer day, July 1st, 1932, and you're a delegate to the Democratic
0:24.0	National Convention.
0:25.8	Like everyone else at Chicago Stadium, you're eager for change.
0:29.7	President Herbert Hoover has been in office for more than three years.
0:33.3	He promised the end of poverty, but this is also the third year of an economic catastrophe.
0:39.2	You're a Democrat from Iowa, so it's natural you want Hoover out.
0:43.6	The question is, who should replace him?
0:47.0	You're getting restless after three rounds of balloting.
0:50.6	Everyone's impatient.
0:52.0	There's no doubt the party bigwigs have been in backroom negotiations all day, but here
0:56.1	on the floor, the stalemate just can't seem to be broken.
0:59.8	Mainly because of Speaker of the House John Nance Garner, a Texan, just like Jim, a delegate
1:06.5	you befriended earlier in the morning.
1:08.6	He turned a gym exasperated.
1:10.5	Ah, Garner only has 100 votes?
1:13.1	Yeah, sure.
1:14.6	But after yards had three chances to get enough votes to win the nomination, and he hasn't
1:18.8	done it.
1:19.8	If he can't do that, how can I be sure he'll be who?
1:22.0	Hoover?
	...

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