Franklin Delano Roosevelt became the 32nd President of the United States of America on March 4, 1939. In his first inauguration speech, he stated, “The only thing we have to fear is fear itself.”(Bartleby) This ideology he gave America hope and courage to pull through its two worst crises, “The Great Depression” and “World War II.” Along with this, F.D.R. also built the foundations for the modern welfare system and established an unprecedented, personal relationship to America through his “fireside chats.” Franklin Delano Roosevelt was born on January 30, 1882 in Hyde Park to parents James and Sara Roosevelt. James, a landowner and businessman from New York, was married to the aristocratic widow, Sarah Delano. Having been …show more content…
Franklin D. Roosevelt was elected president on March 4, 1933. Being at the height of the depression, Roosevelt’s goal was to reform the nation’s economy. He introduced this in his “New Deal” plan. While his plan was unclear, the nation still saw him as a beacon of hope at the depth of the depression. To pull off his “New Deal”, Roosevelt hired many political advisors, including Francis Perkins, the first woman ever to be elected into a presidential cabinet. He chose people from different backgrounds, so they could make true comparisons and solutions. With his office in order, F.D.R started his new deal plan, which included him passing many bills that would help the nation’s economy. Roosevelt reopened the banks and even held a “bank holiday” to end a run by depositors seeking to withdraw their money from faltering banks. On March 12, FDR went on the radio—giving the first of many "fireside chats"—to explain his plan to Americans and to assure them that their money would be safe in the re-opened banks. (Miller Center) Come 1934, Roosevelt created the Securities and Exchange Commission, which was charged with regulating financial markets. (Miller Center) To meet the needs of the unemployed, Roosevelt created the Federal Emergency Relief Administration (FERA). FERA made direct cash allocations available to states for immediate payments to the unemployed. (Miller Center) Along with the civilian conversation corps, FERA gave relief to many Americans in time of crisis. In 1993, Roosevelt brought to relief to farms by passing the Agriculture Adjustment Act (AAA). The AAA gave incentive to farmers, who agreed to lower their number of produce. This, in turn, would expel most of the inflation caused by over produce in agriculture. Although, however, it gave mostly to the wealthy than the poor, and in some cases in 1933 entire farms were destroyed. F.D.R. also created the Farm Credit Association (FCA), which gave Americans more than a billion