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Seventy-second United States Congress
The 72nd United States Congress was a meeting of the legislative branch of the United States federal government, consisting of the United States Senate and the United States House of Representatives. It met in Washington, D.C. from March 4, 1931, to March 4, 1933, during the last two years of Herbert Hoover's presidency. The apportionment of seats in this House of Representatives was based on the thirteenth decennial census of the United States in 1910. The Senate had a Republican majority. The House started with a very slim Republican majority, but by the time it first met in December 1931, the Democrats had gained a majority through special elections. Major events * Ongoing: Great Depression * January 12, 1932: Hattie Wyatt Caraway of Arkansas became the first woman elected to the United States Senate. (Rebecca Latimer Felton of Georgia had been appointed to fill a vacancy in 1922; the 87-year-old Felton served one day as a senator.) Caraway had won a special election t ...
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Charles Curtis
Charles Curtis (January 25, 1860 – February 8, 1936) was an American attorney and Republican politician from Kansas who served as the 31st vice president of the United States from 1929 to 1933 under Herbert Hoover. He had served as the Senate Majority Leader from 1924 to 1929. A member of the Kaw Nation born in the Kansas Territory, Curtis was the first Native American and first person with acknowledged non-European ancestry to reach either of the highest offices in the federal executive branch. Based on his personal experience, Curtis believed that Indians could benefit from mainstream education and assimilation. He entered political life when he was 32 years old and won several terms from his district in Topeka, Kansas, beginning in 1892 as a Republican to the US House of Representatives. There, he sponsored and helped pass the Curtis Act of 1898, which extended the Dawes Act to the Five Civilized Tribes of Indian Territory. Implementation of the Act completed the end ...
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Herbert Hoover
Herbert Clark Hoover (August 10, 1874 – October 20, 1964) was an American politician who served as the 31st president of the United States from 1929 to 1933 and a member of the Republican Party, holding office during the onset of the Great Depression in the United States. A self-made man who became rich as a mining engineer, Hoover led the Commission for Relief in Belgium, served as the director of the U.S. Food Administration, and served as the U.S. Secretary of Commerce. Hoover was born to a Quaker family in West Branch, Iowa, but he grew up in Oregon. He was one of the first graduates of the new Stanford University in 1895. He took a position with a London-based mining company working in Australia and China. He rapidly became a wealthy mining engineer. In 1914 at the outbreak of World War I, he organized and headed the Commission for Relief in Belgium, an international relief organization that provided food to occupied Belgium. When the U.S. entered the war in 191 ...
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Buy American Act
The Buy American Act ("BAA", originally , now ) passed in 1933 by Congress and signed by President Hoover on his last full day in office (March 3, 1933), required the United States government to prefer U.S.-made products in its purchases. Other pieces of federal legislation extend similar requirements to third-party purchases that utilize federal funds, such as highway and transit programs. The Buy American Act is not to be confused with the very similarly named " Buy America Act" that came into effect 50 years later. The latter, a provision of the Surface Transportation Assistance Act of 1982, is 49 U.S.C., § 5323 (j), and applies only to mass-transit-related procurements valued over US$100,000 and funded at least in part by federal grants. In certain government procurements, the requirement purchase may be waived by the Contracting Officer or the Head of the Contracting Activity (HCA) if the domestic product is 25% or more expensive than an identical foreign-sourced product ...
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Federal Home Loan Bank Act
The Federal Home Loan Bank Act, , is a United States federal law passed under President Herbert Hoover in order to lower the cost of home ownership. It established the Federal Home Loan Bank Board to charter and supervise federal savings and loan institutions. It also created the Federal Home Loan Banks which lend to building and loan associations, cooperative banks, homestead associations, insurance companies, savings banks, community development financial institutions, and insured depository institutions in order to finance home mortgages. Amendments Successful The act was notably amended by Financial Institutions Reform, Recovery and Enforcement Act of 1989, which transferred regulation of thrifts to the Office of Thrift Supervision. Proposed On November 21, 2013, Rep. Steve Stivers introduced the bill To amend the Federal Home Loan Bank Act to authorize privately insured credit unions to become members of a Federal home loan bank (H.R. 3584; 113th Congress) into the United S ...
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Emergency Relief And Construction Act
The Emergency Relief and Construction Act (ch. 520, , enacted July 21, 1932), was the United States's first major-relief legislation, enabled under Herbert Hoover and later adopted and expanded by Franklin D. Roosevelt as part of his New Deal. The Emergency Relief and Construction Act was an amendment to the Reconstruction Finance Corporation Act which was signed on January 22, 1932. It created the Reconstruction Finance Corporation which released funds for public works projects across the country. The Brooklyn Navy Yard received an allotment of $880,000, marked for specific projects such as $215,000 for repairs and the maintenance of roofs, waterfront quays and docks, and Yard's railroad system. The biggest chunk, $855,000, was designated for a major overhaul of the power plant, to put in a new turbo generator, piping, boilers, and other engines. The Act was designed to be a temporary means of providing employment and all the positions created in the navy yard to service the ...
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Economy Act Of 1932
The Economy Act of 1932 is an Act of Congress that established the purchasing authority of the federal government. Title VI of this earlier act authorized heads of executive departments, establishments, bureaus, and offices to place orders with any other such Federal agency unless the requisitioned goods or services could be acquired as conveniently or more cheaply from the private sector. It was signed in the final days of the Herbert Hoover administration in February 1933. Section 213 Section 213 of the Economy Act of 1932 was controversial because it required the government to fire one member of each married couple working in government. The original bill called for the dismissal of wives over husbands, however the text of the bill was changed before finalization due to “fear, on the part of legislators, of the political effect, if discrimination against women were otherwise so clearly and forcibly shown.” The wife's salary was characterized as “pin money” by Frances ...
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Federal Kidnapping Act
Following the historic Lindbergh kidnapping (the abduction and murder of Charles Lindbergh's toddler son), the United States Congress passed a federal kidnapping statute—known as the Federal Kidnapping Act, (a)(1) (popularly known as the Lindbergh Law, or Little Lindbergh Law)—which was intended to let federal authorities step in and pursue kidnappers once they had crossed state lines with their victim. The act became law in 1932. In 1934, the act was amended to provide exception for parents who abduct their own minor children and made a death sentence possible in cases where the victim was not released unharmed. The theory behind the Lindbergh Law was that federal law enforcement intervention was necessary because state and local law enforcement officers could not effectively pursue kidnappers across state lines. Since federal law enforcement, such as FBI agents and U.S. Marshals, have national law enforcement authority, Congress believed they could do a much more effective j ...
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Revenue Act Of 1932
The Revenue Act of 1932 (June 6, 1932, ch. 209, ) raised United States tax rates across the board, with the rate on top incomes rising from 25 percent to 63 percent. The estate tax was doubled and corporate taxes were raised by almost 15 percent. Taxable Items included dye, chewing gum, furs, soft drinks, and sporting goods; firearms, shells, and cartridges; coal, coke, and copper ore; telegraph, telephone, cable, and radio dispatches; and checks, jewelry, matches, refrigerators, stamps, and toiletries, and this act enacted one of the first taxes on gasoline. The provisions of the act applied to the taxable year of 1932 and all subsequent taxable years. It was signed into law by President Herbert Hoover Herbert Clark Hoover (August 10, 1874 – October 20, 1964) was an American politician who served as the 31st president of the United States from 1929 to 1933 and a member of the Republican Party, holding office during the onset of the Gr .... Tax on Corporations A r ...
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Reconstruction Finance Corporation
The Reconstruction Finance Corporation was a government corporation administered by the United States Federal Government between 1932 and 1957 that provided financial support to state and local governments and made loans to banks, railroads, mortgage associations, and other businesses. Its purpose was to boost the country's confidence and help banks resume daily functions after the start of the Great Depression. The RFC became more prominent under the New Deal and continued to operate through World War II. It was disbanded in 1957, when the US Federal Government concluded that it no longer needed to stimulate lending. The RFC was an independent agency of the US Federal Government, and fully owned and operated by the government. The idea was suggested by Eugene Meyer of the Federal Reserve Board of Governors, recommended by President Herbert Hoover, and established by Congress in 1932. It was modeled after the US War Finance Corporation of World War I. In total, it gave US$2 billion ...
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