Tennessee Valley Authority Executive Order 6102 deflation Public Works Administration
Recovery was sought through federal spending, as the NIRA included $3.3  billion (equivalent to $74.6 billion in 2022) of spending through the Public Works Administration. Roosevelt worked with Senator Norris to create the largest government-owned industrial enterprise in American history—the Tennessee Valley Authority (TVA)—which built dams and power stations, controlled floods, and modernized agriculture and home conditions in the poverty-stricken Tennessee Valley. However, natives criticized the TVA for displacing thousands of people for these projects. The Soil Conservation Service trained farmers in the proper methods of cultivation, and with the TVA, Roosevelt became the father of soil conservation. Executive Order 6102 declared that all privately held gold of American citizens was to be sold to the U.S. Treasury and the price raised from $20 to $35 per ounce. The goal was to counter the deflation which was paralyzing the economy.
