I, Sonakshi Gupta, welcome you all to Shishukunj MUN 2015! I am a student of class XI and have taken part in quite a few MUNs as a delegate and this is my second experience as a chairperson. I consider myself to be very friendly and love making new friends. Apart from MUNing, I also love dancing, painting and quizzing.
Model United Nations is a highly professional experience; and dedicated and motivated minds of the generation take part in it to enhance their personalities. The goal of an MUN is to give creative solutions for an international issue from fresh point of view. MUNs help you be an internationalist. And that is why, I absolutely love taking part in MUNs.
This year, I have the pleasure of Chairpersoning an unconventional committee: The Historic United States Senate. The US Senate has representatives from all states and they discuss upon specific issues that are of utmost importance. The solutions that they come up with affect the whole of the nation.
In all the past MUNs, majority of us have always participated as delegates of different countries. This committee would help us gain an insight into how the parliament of other countries function and the difficulties that they face. This is an opportunity for us to discuss one of the most gravest economic crisis that the world has ever faced but from a different perspective. We will all be representatives of different parts of the United States, the country from where the Great Depression of 1929 started and shook the whole world. The committee goes back to the date 5th March, 1933, the first senate held after the Roosevelt government had been elected.
A lot many solutions have already been proposed and eventually we did overcome this crisis. The aim of this committee would be to think of solutions that had not been thought of at that time and see their feasibility. You all as delegates would have to go back in time and imagine yourself to be living in the era when this crisis happened.
I look forward to meet all you delegates and hope to come to a common consensus at the end of the conference.
Note: Since this is the United States Senate, we will not have position papers.
The Historic United States Senate, 1933
The crash of the New York Stock Exchange on October 29, 1929, was a signal of the impending doom i.e. the Great Depression, the worst economic crisis in the U.S. history. The United States of Americas financial crisis was one that hit not only its own people but its repercussions held the whole world on its toes. This event had tremendous social and economic impacts on the people. Food had been scarce and many people had come onto the roads. Almost all nations sought to protect their domestic production by imposing tariffs, raising existing ones, and setting quotas on foreign imports. The effect of these restrictive measures was the great reduction in the volume of international trade, by 1932. The total value of world trade had fallen by more than half, as country after country took measures against the importation of foreign goods.
When, this crisis had struck it was the Herbert Hoover government in power. But later in 1932, the government of Franklin D. Roosevelt was elected. Though Roosevelt, came up with the New Deal to overcome this crisis, it had many flaws and thus it took a very long time to overcome this crisis.
This crisis was caused by economic problems that had started forming but were concealed due to the the then euphoria of new automobiles and unhealthy rise of market shares, which was considered very fortunate, inspite of prior warnings by the economists.
This topic aims at the creativeness of the youth of the twenty-first century to come up with solutions, that have not been proposed before, to bring the US economy back on track and are feasible enough to be executed during the early twentieth century when there was no World Bank, no IMF or any other such international institutions.