A number of speeches created by Wilson which focused on his beliefs of lowering tarrifs to increase comptetition and therefore lower prices, the creation of a Federal Reserve for economic stability, and credit that is accessible to the working middle class.
Relief programs aimed to help rapidly by employing people. Example: the Civil Works Administration (CWA) provided temporary employment fixing roads and bridges.
Recovery programs intended to help rebuild, especially in nonbank sectors of the economy. Example: the Home Owners Loan Corp. granted loans to homeowners to pay their mortgages.
Reform programs were designed to prevent the depression from reoccurring through legislation that focused on banks, labor and labor unions. Example: the Federal Deposit Insurance Corporation (FDIC) was created to ensure depositors money in savings banks.
