Franklin Delano Roosevel3

Franklin Delano Roosevel3 - Franklin Delano Roosevelt...

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Franklin Delano Roosevelt Presidency New Deal In July, 1932, Roosevelt was chosen by the Democratic party as its presidential candidate to run against the Republican incumbent, Herbert C. Hoover. In November, Roosevelt was overwhelmingly elected President. He came to the White House at the height of crisis—the economic structure of the country was tottering, and fear and despair hung over the nation. Roosevelt's inaugural address held words of hope and vigor to reassure the troubled country —“Let me assert my firm belief that the only thing we have to fear is fear itself”—and at the same time to prepare it for a prompt and unprecedented emergency program—“This Nation asks for action, and action now. We must act and act quickly.” He did act quickly. During the famous “Hundred Days” (Mar.–June, 1933), the administration rushed through Congress a flood of antidepression measures. Finance and banking were regulated by new laws that loosened credit and insured deposits; the
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This note was uploaded on 01/04/2012 for the course AMH AMH2010 taught by Professor Pietrzak during the Fall '10 term at Broward College.

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