1934

The Civil Works Administration provides work relief to help otherwise unemployed Americans through the winter of 1933-34.

The Indian Reorganization Act reverses federal policy designed to assimilate Native Americans.

Actress Shirley Temple receives a special Academy Award at age six.

The Communications Act of 1934 creates the Federal Communications Commission to regulate interstate and foreign communications by telegraph, cable, and radio.

The U. S. Congress passes the Securities and Exchange Act of 1934, which establishes the Securities and Exchange Commission (SEC) to regulate American stock exchanges and to enforce the Securities Act of 1933.

The Reciprocal Trade Agreements Act of 1934 authorizes the president to negotiate agreements to reduce tariff rates, up to 50 percent, with foreign countries that would reciprocate with similar concessions for American goods.

The Tydings-McDuffie Act of 1934 pledges independence for the Philippine Islands by 1945.

The U. S. Congress passes the Frazier-Lemke Farm Bankruptcy Act of 1934 to assist farmers threatened with foreclosures on their mortgages by enabling them to get credit extensions.

The U. S. Congress passes the National Housing Act of 1933, which creates the Federal Housing Administration, an agency designed to revive the housing industry by insuring long-term mortgages and stimulating construction of new homes.