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History of the United States II / Unit 10   USH2 1366 short lesson, about 20 seconds

The Millionaire's Dole

Captions available

The idea

Of the Reconstruction Finance Corporation's first sixty-one million dollars in loans, forty-one million went to three institutions, the anchor says.

In practice

Congressman Fiorello La Guardia of New York calling the corporation a millionaire's dole.

Where people slip

The Yawp says La Guardia captured public sentiment. Aid to banks was meant to reach workers indirectly, and often did not.

Your place on the trail

Every lesson rests on earlier ones and opens later ones. Tap any to jump.

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