Establishing the Public Works Administration to coordinate and expand Federal public works.
Establishing the Reconstruction Finance Corporation to lend to banks, industries, and credit agencies.
Direct loans of $300 million to the States.
Bankruptcy law reform.
The personal income tax.
The corporate income tax.
The estate tax.
The manufacturer's sales tax.
Both organizations refused to disclose their loan actitivies.
Both organizations were instrumental in ending the economic crisis.
Both organizations used the money to acquire auto manufacturers.
Both organizations refused to make loans to banks.
The emergency RFC loans to the railroads.
A 14 percent decline in the money supply.
The Federal Reserve's purchase of government securities.
The increase in commercial loans made by the banks.
A decrease in the money supply.
Interest rates being reduced to zero.
Large-scale demand for cash.
A decline in the number of mortgage applications.