Question

Facts about social security in 1930

Answer 1

1932 The American Federation of Labor endorsed social insurance. 1932 President Hoover recommended that the concentration of health education and recreational activities be incorporated into a single executive department. March 4-June 16, 1933 During the Roosevelt Administration's first "Hundred Days", Congress committed the country to extraordinary reforms with the Federal Government assuming responsibility for the welfare of millions of unemployed. The primary aim of all the legislation was recovery. May 11, 1933 Senator Morris Sheppard of Texas introduced three bills designed to set up a Federal Credit Union system. May 12, 1933 The Federal Emergency Relief Administration was created with an appropriation of $500,000,000. It was authorized to match the sums allotted for the relief of unemployed by State and local governments with Federal funds. The measure providing for the first direct grants to States for unemployment relief was expanded to provide medical attention and medical supplies to recipients of unemployment relief programs. May 12, 1933 The Agriculture Adjustment Act created the Agricultural Adjustment Administration. May 18, 1933 The first significant use of the term "Social Security" came about when the American Association for Old-age Security became the American Association for Social Security. June 6, 1933 The Wagner-Peyser Act was enacted to establish a national employment system. It provided Federal grants to States that affiliated their employment services with the United States Employment Service. The latter was established as a separate bureau in the Labor Department to administer the Act. June 16, 1933 National Industrial Recovery Act set up the National Recovery Administration. June 16 1933 The Public Works Administration was established. 1933 The American Hospital Association endorsed hospital prepayment plans and established a list of essentials which should characterize such plans. This led to the establishment of Blue Cross. 1933 Federal Rules and Regulations No. 7 defined policies and procedures under which medical care might be given to those receiving unemployment relief in the States. January 1934 Dr. Francis Townsend and Robert Clements set up the organization Old-age Revolving Pensions, Ltd. February 1934 A bill was introduced in Congress which provided for a Federal excise tax on employer payrolls, to be offset by employer contributions to State unemployment insurance funds. June 6, 1934 Congress established the U.S. Employment Service which, jointly with the States, established and maintained employment agencies. June 8, 1934 Federal legislation to promote economic security was recommended in the President's Message to Congress which stated: "Among our objectives I place the security of men, women and children of the nation first." June 26, 1934 The Federal Credit Union Act of 1934 was approved, making it possible to establish federally-chartered credit unions in all of the United States. The Federal Credit Union Section was established in the Farm Credit Administration. July 24, 1934 Dr. Edwin E. Witte accepted the position of Executive Director of the Committee on Economic Security. August 13, 1934 First meeting of the President's Committee on Economic Security. October 1, 1934 The first Federal Credit Union charter was issued to a group of people in Texarkana, Texas.