Fdr Speech

Fdr Speech

Franklin D. Roosevelt January 30, 1882 – April 12, 1945 Elected to four terms in office, he served from 1933 to 1945, and is the only U.S. president to have served more than two terms of office. During his time in office FDR got America through some tough years. He was able to help American get through the great Depression. He created a lot of organizations to be able to help the people of the United States. During the Great Depression of the 1930s, Roosevelt created the New Deal to provide relief for the unemployed, recovery of the economy, and reform of the economic and banking systems. Assuming the Presidency at the depth of the Great Depression, Franklin D. Roosevelt helped the American people regain faith. He brought hope as he promised prompt, vigorous action, and asserted in his Inaugural Address, "the only thing we have to fear is fear itself." By 1935 the Nation had achieved some measure of recovery, but businessmen and bankers were turning more and more against Roosevelt's New Deal program. They feared his experiments, were appalled because he had taken the Nation off the gold standard and allowed deficits in the budget, and disliked the concessions to labor. Roosevelt responded with a new program of reform: Social Security, heavier taxes on the wealthy, new controls over banks and public utilities, and an enormous work relief program for the unemployed. The Depression worsened in the months preceding Roosevelt's inauguration, March 4, 1933. Factory closings, farm foreclosures, and bank failures increased, while unemployment soared. Roosevelt faced the greatest crisis in American history since the Civil War. He undertook immediate actions to initiate his New Deal. To halt depositor panics, he closed the banks temporarily. Then he worked with a special session of Congress during the first "100 days" to pass recovery legislation which set up alphabet agencies such as the AAA (Agricultural Adjustment Administration) to support farm prices and the CCC...

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