IN THE spring of 1933, as the New Deal roared into action, business began to get better, but it dropped again and as 1933 ended and a new year began, even the most optimistic New Dealer had to admit that the depression was still on. During 1934, the government took further steps to regulate banking and finance‚ but some Americans were dissatisfied. Businessman complained that the government was making it harder to do business. In spite of all the excitement, the NRA was not working out well. The farmers were complaining that prices of farm products were still too low. …
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Industry Transforms America 1865-1914
VETERANS or the Union Army, returning to their home towns in New England or the Middle Atlantic states after the war were surprised at what they saw. They had grown up in towns where most of the people lived by farming, while the rest sold things to farmers or worked in local workshops. Perhaps a mill and a factory had stood on the bank of the town’s river. The farms, stores and workshops remained, but now there were many new brick buildings used for factories, mills and warehouses. American industry, concentrated in the river valleys and ocean ports of the …
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