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| Timeline 1934-1936 |
| 1934 · January 30th, Gold Reserve Act passed, (establishes Exchange Stabilization Fund and allows the U. S. Treasury to seize all gold held by Federal Reserve banks) · January 31st, FDR issues an executive decree, changing the price of gold from $20 an ounce to $35 an ounce · February 2nd, Export-Import Bank of Washington created, established under DC charter by Executive Order 6581, to assist in financing U.S. trade with the Soviet Union. · April 7th, Jones-Connally Farm Relief Act passed, bill effectively placing an expanded roster of farm products under the control of the Agricultural Adjustment Administration (AAA). · May 23rd, bank robbers Bonnie Parker and Clyde Barrow were shot to death in a police ambush in Bienville Parish, La. · June 6th, Securities Exchange Commission established · June 19th, Federal Communications Commission created · June 19th, Silver Purchase Act passed, empowering FDR to increase the Treasury's silver holdings to 1/3 the value of gold, nationalizing silver stocks and purchases (victory for Free Silverites) · June, Taylor Grazing Act passed · July 22nd, John Dillinger, Public Enemy Number One, shot by the FBI near a Chicago Theatre · August 2nd, German President Paul von Hindenburg dies, paving the way for Adolf Hitler's complete takeover. · August 13th, the satirical comic strip "Li'l Abner," created by Al Capp, makes its debut · November 6th, Democrats gain 9 seats in the House of Representatives · Anti-Rackateering Act passed · Commodity Credit Corporation created · Federal Farm Bankruptcy Act passed · Federal Surplus Relief Corporation created · National Firearms Act passed · Reciprocal Trade Agreements Act passed · Bankhead Cotton Control Act passed 1935 · April 8th, Emergency Appropriations Relief Act passed, creating the Works Progress Administration · June, National Youth Adminstration created by executive order · June 3, Farm Credit Act passed · July 5th, National Labor Relations Act (Wagner Act) passed · August 14th, Social Security Act passed · August 28th, Public Utility Holding Company Act passed · August 30th, Revenue Act (Wealth Tax Act ) passed. · Increased the surtax rate on individual incomes over $50,000, the estate tax on individual estates over $40,000 and graduated steeply taxes on individual incomes over $1 million until the rate was 75% in excess of $5 million. · Decreased the small corporation tax rate to 12% while increasing the corporate tax, on incomes above $15,000 to 15%. · Some excess profits over 10% were taxed at a 6% rate and in excess of 15% at a 12% rate. · August, Neutrality Act passed · September 8th, Huey Long assassinated · Bituminous Coal Conservation Act passed · Davis-Bacon Act amended, lowering contract threshold to $2,000 · Federal Power Act passed · Motor Carrier Act passed, extending federal regulatory authority to motor carriers engaged in interstate commerce · Rural Electrification Administration established · Soil Conservation Act passed · Supreme Court declares National Recovery Act to be unconstitutional, in Schecter Poultry Corporation v. United States 1936 · August 1st, Olympics open in Berlin · Supreme Court declares (6 to 3) the Bituminous Coal Conservation Act (1935) to be unconstitutional in Carter vs. Carter Coal Co. · Robinson-Patman Act passed, effectively outlawing price cutting by permitting price discrimination (charging different prices in different markets) only if it can be justified by differential costs of serving different markets, or if a price reduction is made "in good faith'' to meet the price reduction of a competitor. · Rural Electrification Act passed, authorizing loans to qualified borrowers, with preference given to nonprofit and cooperative associations and public bodies, to construct and operate electric systems and generating plants · Domestic Allotment Act passed · FDR defeats Alfred M. Landon, Governor of Kansas, to win second term as President · Supreme Court upholds constitutionality of TVA in Ashwander v. Tennessee Valley Authority |
| Timeline 1934-1936 |