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Second New Deal
The Second New Deal is a term used by historians to characterize the second stage, 1935–36, of the New Deal programs of President Franklin D. Roosevelt. The most famous laws included the Emergency Relief Appropriation Act, the Banking Act, the Wagner National Labor Relations Act, the Public Utility Holding Companies Act, the Social Security Act, and the Wealth Tax Act. In his address to Congress on 4 January 1935, Roosevelt called for five major goals: improved use of national resources, security against old age, unemployment and illness, and slum clearance, national work relief program (the Works Progress Administration) to replace direct relief efforts. It included programs to redistribute wealth, income, and power in favor of the poor, the old, farmers and labor unions. The most important programs included Social Security, the National Labor Relations Act ("Wagner Act"), the Banking Act of 1935, rural electrification, and breaking up utility holding companies. The Undistribut ...
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Frank Kent
Frank Richardson Kent (1877–1958) was an American journalist and political theorist of the 1920s and 1930s whose ''Baltimore Sun'' column "The Great Game of Politics" was syndicated nationally. Background Frank Richardson Kent was born in 1877 in Baltimore, Maryland. His uncle was Frank Richardson, also a prominent journalist. Career 1900s-1910s Kent was based in Baltimore, where he started as a cub reporter for the ''Baltimore Sun'' in 1898 or 1900. His colleague was H.L. Mencken. In 1902, he wrote state and local politics. In 1910, he spent a year as Washington correspondent. In 1911, he became managing editor of both the ''Baltimore Sun'' and the ''Baltimore Evening Sun'' at the behest of the newspaper's new owner, Charles H. Grasty. 1920s In 1922, he became London correspondent. In 1923, Kent began a daily column on the front page of the ''Baltimore Sun'' called "The Great Game of Politics", syndicated to 140 papers nationwide (thanks in part of support from Fran ...
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Adjusted Compensation Payment Act
The Adjusted Compensation Payment Act (January 27, 1936, , ) was a piece of United States legislation that provided for the issuance of US Treasury Bonds to veterans who had served in World War I as a form of economic stimulus and relief. The act is sometimes considered to be part of the "New Deal" though it was not supported by then President Franklin D. Roosevelt, and the law was one of several pieces of United States legislation popularly known together as the "Bonus Act," which was enacted after Congress overrode President Franklin D. Roosevelt's veto on January 27, 1936. Background Congress had sustained Roosevelt's previous veto of an earlier version of the bill in 1935, called the Patman Greenback Bonus Bill. The President addressed a joint session of Congress to deliver his veto message. As he concluded his speech, he handed the unsigned bill to the Speaker of the House. Within an hour the House overrode the veto by a vote of 322 to 98. Even before the Senate sustained the v ...
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Boni & Liveright
Boni & Liveright (pronounced "BONE-eye" and "LIV-right") is an American trade book publisher established in 1917 in New York City by Albert Boni and Horace Liveright. Over the next sixteen years the firm, which changed its name to Horace Liveright, Inc., in 1928 and then Liveright, Inc., in 1931, published over a thousand books. Before its bankruptcy in 1933 and subsequent reorganization as Liveright Publishing Corporation, Inc., it had achieved considerable notoriety for editorial acumen, brash marketing, and challenge to contemporary obscenity and censorship laws. Their logo is of a cowled monk. It was the first American publisher of William Faulkner, Ernest Hemingway, Sigmund Freud, E. E. Cummings, Jean Toomer, Hart Crane, Lewis Mumford, Anita Loos, and the Modern Library series. In addition to being the house of Theodore Dreiser and Sherwood Anderson throughout the 1920s, it notably published T.S. Eliot's ''The Waste Land'', Isadora Duncan's ''My Life'', Nathanael ...
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Threshold Editions
Threshold Editions is an imprint of publishers Simon & Schuster, a division of ViacomCBS, specializing in conservative non-fiction. The publisher is Louise Burke; Mary Matalin was its founding editor-in-chief. Threshold Editions was founded to "provide a forum for the creative people, bedrock principles, and innovative ideas of contemporary conservatism". The imprint was launched after Penguin Books launched Sentinel and Random House launched Crown Forum. Within four years of launching and due to Matalin's network, the imprint had already counted Glenn Beck, Vice President Dick Cheney, and Karl Rove among its authors and was producing bestselling books. The publisher of Threshold Editions, Louise Burke, stated in an interview that Threshold "best understands the conservative book-buying audience--a key factor needed to keep the hits coming." Matalin and Burke were introduced in 2005 and Burke said, "We were kindred spirits and we took it from there." Of the launch Burke said, "Th ...
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Huey Long
Huey Pierce Long Jr. (August 30, 1893September 10, 1935), nicknamed "the Kingfish", was an American politician who served as the 40th governor of Louisiana from 1928 to 1932 and as a United States senator from 1932 until his assassination in 1935. He was a left-wing populist member of the Democratic Party and rose to national prominence during the Great Depression for his vocal criticism of President Franklin D. Roosevelt and his New Deal, which Long deemed insufficiently radical. As the political leader of Louisiana, he commanded wide networks of supporters and often took forceful action. A controversial figure, Long is celebrated as a populist champion of the poor or, conversely, denounced as a fascistic demagogue. Long was born in the impoverished north of Louisiana in 1893. After working as a traveling salesman and briefly attending three colleges, he was admitted to the bar in Louisiana. Following a short career as an attorney, in which he frequently represented ...
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Resettlement Administration
The Resettlement Administration (RA) was a New Deal U.S. federal agency created May 1, 1935. It relocated struggling urban and rural families to communities planned by the federal government. On September 1, 1937, it was succeeded by the Farm Security Administration. History The RA was the brainchild of Rexford G. Tugwell, an economics professor at Columbia University who became an advisor to Franklin D. Roosevelt during the latter's successful campaign for the presidency in 1932 and then held positions in the United States Department of Agriculture. Roosevelt established the RA under Executive Order 7027, as one of the New Deal's " alphabet agencies", and Tugwell became its head. The divisions of the new organization included Rural Rehabilitation, Rural Resettlement, Land Utilization, and Suburban Resettlement. Roosevelt transferred the Federal Emergency Relief Administration land program to the Resettlement Administration under Executive Order 7028 on May 1, 1935. However, ...
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National Youth Administration
The National Youth Administration (NYA) was a New Deal agency sponsored by Franklin D. Roosevelt during his presidency. It focused on providing work and education for Americans between the ages of 16 and 25. It operated from June 26, 1935 to 1939 as part of the Works Progress Administration (WPA) and included a Division of Negro Affairs headed by Mary McLeod Bethune who worked at the agency from 1936 to 1943. Following the passage of the Reorganization Act of 1939, the NYA was transferred from the WPA to the Federal Security Agency. In 1942, the NYA was transferred to the War Manpower Commission (WMC). The NYA was discontinued in 1943. By 1938, college youth were paid from $30 to $40 a month for "work study" projects at their schools. Another 155,000 boys and girls from relief families were paid $10 to $25 a month for part-time work that included job training. Unlike the Civilian Conservation Corps, it included young women. The youth normally lived at home, and worked on co ...
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American Liberty League
The American Liberty League was an American political organization formed in 1934. Its membership consisted primarily of wealthy business elites and prominent political figures, who were for the most part conservatives opposed to the New Deal of President Franklin D. Roosevelt. The group emphasized private property and individual liberties. Its leader Jouett Shouse called on members to: :defend and uphold the constitution of the United States ... to teach the necessity of respect for the rights of persons and property as fundamental to every successful form of government ... teach the duty of government to encourage and protect individual and group initiative and enterprise, to foster the right to work, earn, save, and acquire property, and to preserve the ownership and lawful use of property when acquired. It was highly active in spreading its message for two years. Following the landslide re-election of Roosevelt in 1936, it sharply reduced its activities. It disbanded entirely ...
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Undistributed Profits Tax
The undistributed profits tax was enacted in 1936 by the United States administration of President Franklin D. Roosevelt (FDR), during the Great Depression. The UP tax was a revenue program for FDR's New Deal. The act was controversial even within FDR's United States Treasury Department, as some economists such as Alfred G. Buehler thought that it would harm the ability of business to put capital towards company growth. In particular, Buehler reasoned that the UP tax would hit small business especially hard, as smaller businesses have fewer options in raising capital than large ones, usually by keeping a percentage of their profits for re-investment back into the business. The UP Tax was part of FDR's "Second New Deal". The bill established the principle that retained corporate earnings could be taxed. The idea was to force businesses to distribute profits in dividend and wages, instead of saving or reinvesting them. In the end, Congress watered down the bill, setting the tax rates ...
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New Deal
The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939. Major federal programs agencies included the Civilian Conservation Corps (CCC), the Works Progress Administration (WPA), the Civil Works Administration (CWA), the Farm Security Administration (FSA), the National Industrial Recovery Act of 1933 (NIRA) and the Social Security Administration (SSA). They provided support for farmers, the unemployed, youth, and the elderly. The New Deal included new constraints and safeguards on the banking industry and efforts to re-inflate the economy after prices had fallen sharply. New Deal programs included both laws passed by Congress as well as presidential executive orders during the first term of the presidency of Franklin D. Roosevelt. The programs focused on what historians refer to as the "3 R's": relief for the unemployed and for the poor, recovery of ...
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