Roosevelt's New Deal Reform Movement

. . . Thousands of banks closed while hundreds of thousands of plenty lost their jobs" (Schulzinger 151). The simple fact that Roosevelt was able with his clean hire to pull the nation out of the feeling is the best leaven that he accomplished a great deal in correcting many of the major flaws which had created the Depression in the first place.

plain in those programs which were criticized for their failures, the record as analyzed by Leuchtenburg shows such(prenominal) criticism to have been exaggerated. With respect to the National Recovery Administration, for example, we discover that the price policies of the NRA were "blamed unfairly for the acceleration of industry toward stringency" which "hurt small line of credit." Leuchtenburg acknowledges that the NRA could have done more to " f number recovery" and lost much of its effectiveness as the crisis of the Depression faded, exactly that author adds that

the main grievance of small business community against the [NRA] lay not in the fact that they were oppressed by monopoly but that the government would not permit them to continue to effort labor. . . . The NRA . . .

gave jobs to two million workers; it helped stop a renewal of the deflationary spiral that had almost wrecked the nation; it did something to improve business ethics and civilize competition; it established a subject field pattern of maximum hours and minimum wages; and it all but wiped out child labor

Robert D. Schulzinger notes that the adopt that the United States was isolationist in the interwar years, and especially in the 1920s, has been largely discredited by historians. That author notes that

Williams, William Appleman. The Tragedy of American Diplomacy. New York: W.W. Norton, 1972.

Hoover, like Roosevelt in the 1930s, saw that economic rather than political or military power was the key to effective American involvement and leadership in the world. Hoover, says Williams,

However, with respect to the RFC, despite criticism, Roosevelt took an brass section which had previously been "an instrument of the established businessman" and converted it, below banker Jesse Jones, into an instrument of economic expansion (Leuchtenburg, New Deal, 71).

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