【On March 12, the night before the bank opened, every American heard the following sentence on the radio: "The president wants to come into your home, sit by your fireplace, and have a little fireside chat."】

【Everyone was attracted by this sentence, and Roosevelt's kind and peaceful voice sounded in their ears:

"Friends, I want to spend a few minutes talking to you about banking issues. Only a few people understand the working mechanism of banks. Most people only see banks as places to deposit and withdraw money."】

【In the next 15 minutes, Roosevelt explained to the American people how banks work in a simple and easy-to-understand way, so that the people can understand why banks fail and what people can do? 】

【He used simple words and clear logic, so that every listener in front of the radio had a basic understanding of the economic crisis in the United States at that time. 】

【On the radio, Roosevelt's tone was so approachable, as if he was a friend sitting by the fire and chatting with you. 】

[Many people were moved by this way of communication. 】

[They heard the president's request for help: Without your support, everything we do in Washington is meaningless. 】

The barrage flew out:

"Fireside chat, information disclosure, people-friendly attitude, and extreme persuasive speech ability, Roosevelt's operation is really strong!"

"Personal charm is full, he can be called the father of the first generation of online courses!"

"Too strong, this is really."

"In fact, although there are many people affected by the stock market crash, it is not enough to affect the overall situation. The key is to restore confidence and solve the problem of large-scale bank runs."

"..."

The plane of Emperor Taizong of the Tang Dynasty.

Li Shimin looked at the giant screen in the sky and sighed:

"This person is really amazing!"

Just from this "fireside chat", Li Shimin glimpsed some of Roosevelt's style, which was called the President of the Eagle Sauce Country by later generations.

When the people were already like frightened birds and full of fear about the economic crisis, he was able to calm them down with just a conversation. His personal ability and charm are too strong.

The Heavenly Khan Li Er even had a bit of a competitive spirit in his heart.

"Fuji, if our Tang Dynasty is in a critical moment, if I ask all the people of the Tang Dynasty for help, will the people believe me?"

Li Shimin asked Zhangsun Wuji.

Changsun Wuji replied without hesitation:

"Definitely!"

"Our Great Tang is now at its peak, with all nations paying tribute to us, and the people living and working in peace and contentment. This is all thanks to your majesty!"

"All the people of our Great Tang are loyal to us. As long as your majesty issues an order, the people of the world will surely respond in droves."

"Lord Changsun is right. As long as your majesty issues an order, not only the people of the Great Tang, but even the people of foreign countries will surely respond in droves."

"That's right, your majesty is deeply loved by the people. As long as your majesty speaks,, who can not listen? "

After Changsun Wuji, the other Tang officials also spoke up.

Hearing the answers of the officials, Li Shimin was naturally happy in his heart, but on the surface, he remained calm and said:

"You are too kind, Tang is not strong enough now."

"In the future, Tang will explore America, start the industrial revolution, and become the only superpower in the world!"

"You are, we need to work harder!"

Li Shimin's tone was full of ambition.

After gaining a lot of knowledge from the high-altitude giant screen, his goal is more ambitious than before.

Hearing Li Shimin's words, Changsun Wuji and other Tang officials were also excited and replied in unison:

"Your Majesty, we swear to follow you until death! ”

Although their answers just now had some flavor of flattering Li Shimin.

But then again, as one of the top emperors in ancient China, His Majesty Li II is indeed very strong in personal charm.

The plane of Emperor Chengzu of the Ming Dynasty.

Zhu Zhanji exclaimed:

“This radio is so magical!”

“The president of the Eagle Sauce Country sits in his own palace, and through this thing, he can let all the people hear what he says, it’s so interesting! ”

Zhu Di’s eyes flickered, and he thought of many things in an instant.

This thing is not only interesting, but also very useful for national governance.

You know, in ancient China, the effective transmission of government orders has always been a problem.

Problems such as failure to transmit in time, intentional or unintentional errors in transmission... have long plagued ancient dynasties.

But this thing can allow the ruler of a country to communicate directly with the people at the same time, which is simply a magical tool.

……

[The next morning, a long line formed in front of the bank again, but people did not They came not to withdraw money, but to deposit money. 】

[Many people deposited the money they had withdrawn with great difficulty a week ago, just because they heard the president's call. 】

[In just two weeks, deposits in banks across the country increased by 50%, and three-quarters of the banks across the country resumed operations. 】

[The stock market on Wall Street rebounded strongly, and the Dow Jones Index soared 15% that day, the largest increase in history. 】

[One of Roosevelt's advisers commented on this: "Capitalism was saved in 8 days." 】

……

"Great! ”

Many ancient people throughout the dynasties praised.

Although they did not know what the Dow Jones Index was, it can be seen from the description of the narrator that it is obvious that the United States has overcome the short-term crisis at hand.

It took only a few days to stabilize the chaotic situation in the United States. Roosevelt's efficient style and super personal ability really amazed many ancient people.

……

[In the following months, the whole of Washington began to be busy in full swing.]

[RooseveltHe mobilized government workers, bankers, social workers, technical experts from various industries and other groups, and introduced a series of revival measures with physical strength close to the limit. 】

【These New Deal measures soon made the people of the United States discover that the content of Roosevelt's New Deal was not very capitalist. 】

【Let's take a general look at what Roosevelt's combination punch includes. 】

【1. Financial industry. 】

【The Securities Act, the Securities Exchange Act and the Banking Act were successively passed, which stipulate that institutions issuing securities must provide the government with complete information about financing projects. 】

【That is, the registration system based on the information disclosure system. 】

【Through some measures, Roosevelt strengthened the country's management and control of the financial system. 】

【Abandon the gold standard and let the dollar depreciate. 】

【Through the depreciation of the dollar, the competitiveness of the United States' products abroad was strengthened, and the return of gold was promoted. 】

……

See here.

The ancients of all dynasties were very confused.

In the previous video, they saw that a large depreciation of currency would cause big problems. How come Roosevelt's initiative to devalue the dollar has become a good thing?

In fact, these complex financial knowledge, not to mention the ancients, many people in later generations also don't understand.

……

【Second, agriculture. 】

【Roosevelt tried his best to urge Congress to pass the Agricultural Adjustment Act, with the aim of helping farmers by raising the price of agricultural products. 】

【The specific approach is to establish the Agricultural Adjustment Administration, reduce the cultivated area, slaughter a large number of livestock, implement a domestic distribution plan, and reduce production to increase the price of agricultural products. 】

【The losses caused by the reduction in production are subsidized by the government. As for the source of the money, it comes from the collection of agricultural product processing tax. 】

【This tax is actually a consumption tax. The payers are definitely urban residents who buy agricultural product processing products, which is equivalent to urban residents subsidizing farmers. 】

The barrage flew out:

"Hiss! Planned production? Isn't this a planned economy?"

"The city subsidizes the countryside, the reverse scissors gap, a road that has never been thought of."

"..."

The plane of Taizu of the Ming Dynasty.

Zhu Yuanzhang was stunned:

"Reduce the cultivated area and reduce production?"

This approach made him very confused. Isn't food the foundation of the country? Shouldn't the more the better? Why would there be artificial reduction in production?

"Boss, what do you think? Why should we reduce food production? I'm a little confused."

Zhu Yuanzhang asked Zhu Biao.

Zhu Biao, who had been thinking, replied:

"Maybe there is too much grain in the Eagle Country. Dad, think about it, if there are too many things, they can't be sold at a high price, so they have to reduce production."

Zhu Yuanzhang was even more shocked:

"Is the place in the Eagle Country so suitable for growing grain? They actually want to reduce production because there is too much grain?"

"What a great place!"

Zhu Yuanzhang was more eager to explore America.

Then.

Zhu Yuanzhang began to think about another thing: consumption tax!

Collecting taxes from city dwellers to subsidize farmers, Zhu Yuanzhang felt that this matter was a bit like robbing the rich to help the poor.

Perhaps, in the Ming Dynasty, we can also find a suitable way to use this tax.

……

[Three, industry. ]

[Pass the National Industrial Recovery Act and establish the National Recovery Administration. ]

[Roosevelt requires capitalists to abide by the rules of "fair competition" and stipulate the scale, price and sales scope of each enterprise's production. ]

[At the same time, the minimum wage and maximum working hours are set for workers. ]

[The original workers worked 55 hours a week and the total salary was only 60 cents. The adjusted standard: workers work 40 hours a week and the minimum weekly wage is 12 US dollars. 】

[The National Industrial Recovery Act also gave workers the right to unite and bargain collectively with capitalists. 】

[Roosevelt himself made it clear in a fireside chat: According to this decree, American workers have inalienable rights, and no one can reduce their rights. 】

[The National Recovery Administration also requires shortening working hours to increase employment opportunities and promote consumption. 】

[In the 1920s in the United States, the five-day work week was still an isolated phenomenon. In the 1930s, Saturday rest became a routine. 】

[In addition, the practice of employing child labor will also be banned. 】

The barrage flew out:

"Awesome, this is forcing the capitalists to cut their flesh!"

"This is really uncapitalist."

"These policies have indeed brought real benefits to workers and can ease social conflicts."

"..."

Accompanied by narration subtitles.

The huge screen in the sky showed a video clip of the large-scale celebration parade held by the people of the United States.

Many workers in the United States had bright smiles on their faces, which was very contagious. (To read the novel, go to Feilu Novel Network!)

The ancient people of all dynasties were shocked by this scene.

"Strike the rich and benefit the people. This man is a wise ruler!"

"Treating the people well is the appearance of a wise ruler!"

Many ancient people exclaimed.

The plane of Emperor Chengzu of the Ming Dynasty.

Zhu Di was shocked: "Minimum wage? Maximum working hours?"

This really broadened his horizons. There is actually such a law.

But after thinking about it carefully, this regulation is very good. It can prevent black-hearted shop owners from over-exploiting their employees.

It can even be used in agriculture, such as stipulating that the landlord must give the tenant a minimum amount of harvest.

Zhu Di pondered in his heart.

Not only Zhu Di.

In many other dynasties, many emperors also pondered this matter in their hearts.

These emperors were thinking about the impact of this matter on the country, and many people in all dynasties simply envied it.

Especially in those dynasties with more developed commodity economy, many people worked as clerks for various businesses.

They felt that it would be great if their respective dynasties also had laws such as minimum wage and maximum working hours. []

……

[Fourth, social relief. ]

[Roosevelt urged Congress to pass the Federal Emergency Relief Act and establish the Federal Emergency Relief Administration to quickly allocate various relief funds to the states. ]

[This included direct payment. ]

[To help the unemployed, the federal government directly issued relief funds on a large scale. ]

[You should know that during the Hoover administration, the federal government refused to pay money. ]

[Because Hoover believed that people could be lent money to raise livestock, but not to raise children. ]

[But Roosevelt obviously didn't think so. 】

……

“..give money directly to the people?”

The people of all dynasties were stunned. They didn’t expect that there would be such a good thing in the world.

“A wise ruler! This man is really a wise ruler!”

Soon, many people praised in their hearts.

……

【But in the second year, Roosevelt changed the simple relief to “work-for-relief”, providing the unemployed with the opportunity to engage in public services, maintaining the unemployed’s spirit of self-reliance and self-esteem. 】

【For this reason, Roosevelt launched the Civilian Conservation Corps program. 】

【The program specifically recruits young people aged 18 to 25 who are strong and have a high unemployment rate to engage in tree planting, flood prevention, soil and water conservation, road construction, and opening forest fire prevention lines. 】

【Before World War II, more than 2 million young people had worked in this institution, with an average of 9 months per term. Most of their monthly wages were used to support their families, which expanded the scope of relief and corresponding purchasing power in the whole society. 】

……

The plane of Emperor Taizong of the Tang Dynasty.

Li Shimin's eyes lit up:

"Work-for-relief?"

"This method is good!"

Li Shimin quickly thought of the many benefits of "work-for-relief".

When a country encounters a great famine and needs to provide relief to the people, this model can also be adopted.

It feels better than simply giving relief porridge to the people.

"When there is a great famine in the future, you can try work-for-relief."

Li Shimin thought in his heart.

……

[Compared to the large infrastructure plan launched by Roosevelt, the Civilian Conservation Corps program (HONOHO) is actually only a small part of the "work-for-relief" program. ]

[The Civil Works Administration was an important department that Roosevelt used to start the era of large infrastructure. ]

[It built 180,000 small engineering projects across the country, including school buildings, bridges, levees, sewer systems, and public buildings such as post offices and administrative agencies, which attracted4 million people were employed, and a place was found for the vast number of unskilled unemployed workers. 】

[The most ambitious of these was the Tennessee River Basin Comprehensive Development Project. 】

[This project recruited a large number of unemployed people to build dams and power stations in the Tennessee River Basin, and also developed shipping projects, which saved hundreds of acres of local farmland from flood threats. 】

[Later, the Roosevelt administration continued to establish several new work relief agencies. 】

[The most famous of these were the Works Development Administration, which Congress allocated $5 billion to establish, and the National Youth Administration, which was specifically for young people. The two agencies employed a total of 23 million people, accounting for more than half of the national labor force. 】

[By the eve of World War II, the federal government had spent $18 billion on various projects and a smaller amount of direct relief. 】

[The Eagle Sauce government built nearly 1,000 airports, more than 12,000 sports fields, and more than 800 school buildings and hospitals. 】

[The large infrastructure plan created jobs for craftsmen, unskilled workers and the construction industry. It is the largest and most successful relief plan ever undertaken by the Eagle Sauce government. 】

……

In the narration subtitles.

The video on the high-altitude giant screen shows the various large infrastructure scenes of the Eagle Sauce at that time.

"Hiss! What a great courage! It feels like the Eagle Sauce is going to be transformed completely!"

"It's like recreating the Eagle Sauce!"

Many ancient people from all dynasties exclaimed.

The plane of Taizu of the Great Ming Dynasty.

Zhu Yuanzhang looked at the giant screen in the sky and quickly calculated the principle in his mind:

"Work-for-relief not only solves the huge unemployment problem in the United States, but also builds many projects that are beneficial to the country and maintains social stability. This is killing two birds with one stone!"

"What a good idea!"

The more Zhu Yuanzhang thought about it, the better he felt that this "work-for-relief" method was. .

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like