What happened during the Hundred Days?

Answer 1

There are two separate historical subjects to which the phrase is applied, one in 1815, the other in 1933.

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The Hundred Days - Napoleon from Exile to WaterlooThe Hundred Days (1815) was Napoleon's return from his first exile on the Italian island of Elba. On February 26, 1815, he secretly left Elba and returned to Paris. He reassembled an army and again tried to defeat the forces of Great Britain and Prussia, who had defeated him just a year earlier at the Battle of Montmartre. After some success, Napoleon eventually lost to the armies of the Seventh Coalition at Waterloo on June 15, 1815. Napoleon was again forced to abdicate, and the British imprisoned him on St. Helena, where he died six years later.

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The Hundred Days - Franklin D. Roosevelt and the Great DepressionElected President in 1932, FDR took office on March 4, 1933, and was inspired by legislative success to propose many more changes to the way the government addressed the lingering Great Depression. They became the first steps in his "New Deal" policies.

Roosevelt's proposals included :

Banking - On March 6, 1933, FDR announced a bank holiday, which closed every bank in the US and only reopened the structurally sound ones. The Emergency Banking Relief Act gave FDR power over all banks in the US. The Glass Steagull Act established the FDIC (Federal Deposit Insurance Corporation) to insure private accounts.

Unemployment - Roosevelt proposed the Civilian Conservation Corps (CCC) to hire jobless men to work in the national parks. The Tennessee Valley Authority (TVA) was designed to provide jobs and bring cheap electricity to the poor region of Appalachia.

Direct Relief - The Federal Emergency Relief Association (FERA) provided jobs and direct financial relief for impoverished citizens.

Agriculture - the first modern farm bill, the Agricultural Adjustment Act (AAA), paid farmers not to grow crops, alleviating surpluses that depressed prices

Industry - the National Industrial Recovery Act (NIRA) and National Recovery Administration (NRA) addressed industrial unemployment and protected union rights, but also allowed certain monopolies and cartels. The Public Works Administration (PWA) created many jobs on public works projects.

Inflation - In one of the largest changes to the base of the economy, FDR in Executive Order 6102 ordered that all gold be given to the federal government in exchange for paper money. This took the US off the "gold standard" and into the era of "flat money". Banks had been converting their paper money to gold. (Limitations on gold ownership continued until 1974.)

Mortgages - the Home Owners Loan Corporation (HOLC) gave government loans to help those struggling to pay mortgages.