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The Townsend Plan, officially the Old-Age Revolving Pensions (OARP) plan, was a September 1933 proposal by California physician Francis Townsend for an old-age pension in response to the Great Depression, leading to a social and political movement.
Francis Everett Townsend (/ ˈ t aʊ n z ən d /; January 13, 1867 – September 1, 1960) was an American physician and political activist in California.In 1933, he devised an old-age pension scheme to help alleviate the Great Depression.
The Act was an attempt to limit what were seen as dangers in the modern American life, including old age, poverty, unemployment, and the burdens of widows and fatherless children. By signing this Act on August 14, 1935, President Roosevelt became the first president to advocate federal assistance for the elderly. [3]
Elderly people flooded Summit County office to apply for state funds in 1934. It was like winning the lottery during the Great Depression.
The Great Depression exacerbated things. Though retirement was viewed by some as an essential adjustment, many among the older populace resisted the idea of retirement. [1] By 1935, the idea of paying older persons a pension sufficient to get them to quit working became widespread.
During the Depression, a piece of cardboard or a new rubber sole may have extended the wear of a pricey pair, and clothes were certainly mended and patched long before they were ever thrown out.
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Social Security Act of 1935; Other short titles: Social Security Act: Long title: An Act to provide for the general welfare by establishing a system of Federal old-age benefits, and by enabling the several States to make more adequate provision for aged persons, dependent and crippled children, maternal and child welfare, public health, and the administration of their unemployment laws; to ...