N E W   D E A L   N E T W O R K

 

June 16

1930

Hoover signs Hawley-Smoot Tariff Bill, raising import duties to their highest levels ever.

1933

The Glass-Steagall Act is signed into law, preventing banks from dealing in stocks and bonds and insuring bank deposits.

1933

Congress passes National Industrial Recovery Act.

1933

Congress passes Farm Credit Act