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The most important American strike began at the end of 1936. The United Auto Workers launched the first of a series of sit-down stikes again General Motors at Fisher Body Plant No. 1 in Flint. The goals were to earn recognition for the UAW as the bargaining agent for GM workers and to make the compant stop shipping work to plants with non union worker. It lasted 44 days and was one of many. |
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buying stock with money borrowed against the stocks in the same account. |
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Reconstruction Finance Corporation- Designed to make government credit available to ailing banks, railroads and other businesses to stimulate economic activity |
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March 5, 1933 - an executive order calling for a four day bank holiday to shore up the country's ailing financial system |
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American Federation of Labor- founded by Samuel Gompers in 1886; federation of skilled craft and trade unions; formed to improve wages, working conditions, abolish child labor, and provide for collective bargaining |
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Committee for Industrial Organization- emphasized the need for opening new unions to all, regardless of skill |
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