Black Monday

Article abstract: A business-oriented Supreme Court renders a series of decisions that undermine the New Deal.

Summary of Event

In the spring of 1935, Franklin Delano Roosevelt was in the last year of his first term as president of the United States. He had taken office in 1933 and had labored to end the Great Depression, which had begun with the stock market crash of October, 1929. His initiatives had resulted in an unprecedented assertion of presidential power and made inevitable a conflict with the United States Supreme Court. Decisions on the...

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