The Hundred Days happened twice in President Franklin Delano Roosevelt’s presidency. These two periods of time are often referred to by historians as the First Hundred Days and the Second Hundred Days. During this time, FDR and the US government passed worked on ending the Great Depression and stabilizing the economy. One of the first, and arguably most important, things Roosevelt did was fix the banks. By the fourth of March, every state in the US, only forty-eight at the time, had closed their banks. Days later, the Roosevelt Administration drafted the Emergency Banking Act that gave the Treasury Department the right to reopen banks when they could prove they were healthy. Shortly after this was passed, the banks were operating again (Cohen, A). …show more content…
The AAA ask farmers of wheat, cotton, tobacco, and a few other staple crops to avoid growing part of their land. In exchange, the AAA would pay them for the land they weren’t using. Since growing season had already begun by the time this law was passed in May of 1933, Secretary of Agriculture Henry A. Wallace, paid farmers to destroy the crops they had planted. For examples, cotton farmers would plow ten million acres and receive one hundred million dollars in return. The point of paying farmers to not farm their land was to once again boost the price of crops. In some instances, it worked. The price of tobacco and corn rose, and people who raised pigs benefited. However, dairy farmers, cattlemen, the railroads, and consumers were all hurt by this bill. Though, it did have its downsides, this bill helped thousands of people find relief (Carnes, Garraty, pg.