The speech shocked the morale of Americans amid the “quagmire” of recession

4-term President despite illness

Born on January 30, 1882 in Hyde Park, New York, Franklin Delano Roosevelt came from a wealthy family and grew up in luxury. He was taught very carefully by his mother and enjoyed educational privileges reserved for children of noble families.

In 1896, at the age of 14, Roosevelt was sent to study at Groton School, a private boarding school. Reputable equipment in Groton Massachusetts. In 1900, he passed the entrance exam to the prestigious Harvard University.

Admiring his cousin, President Theodore Roosevelt Franklin also wanted to rise in politics. However, he did not join the Republican party like Theodore but decided to become a Democrat. In 1907 he passed the exam for the New York Bar Association but gave up his job as a lawyer after only three years of practice. At that time, when some Democrats suggested that he run for the New York State Senate, he immediately accepted and officially entered politics.

In the summer of 1921 Franklin developed a high fever while vacationing with his family at their home on Campobello Island, Canada. He felt his legs weaken and by August 12, 1921, he could no longer stand or walk without support.

With optimism and strong will, Franklin tried his best to practice. Exercise to be healthy enough to campaign. Franklin won two terms as governor of New York in 1930 and 1930. Then in the 1932 presidential election Franklin won a resounding victory based on the New Deal slogan.

President of the Depression

Franklin was elected president and took office in the context of America almost sinking to the bottom of the Great Depression . The unemployment rate reached 25% while agricultural prices dropped by 60%. About 11,000 out of 24,000 banks went bankrupt, “blowing away” depositors’ savings. Industrial production is just over half of what it was in the same period in 1929. Two million people are homeless. Due to lack of jobs, criminal organizations and the rate of people living outside the law are increasing.

On the afternoon of March 4, 1933, the day when Franklin was sworn in to all banks at 32 All 48 states as well as the District of Columbia are closed. On March 5, 1933, the Federal Reserve Bank in New York could not open because in the previous days panicked customers withdrew large amounts of cash.

Inaugural speech Franklin’s very attractive but also feasible promises helped shock the spirit of restoring the confidence of the American people and helping the country overcome the crisis.

Speech “Declaration of war” speech on the Great Depression

The speech shocked the morale of Americans in the middle of a swamp recession swamp - 2

Franklin delivered his inaugural address on March 4, 1933 (Photo: Herald Chronicle).

figure>

Franklin gave a legendary speech on March 4, 1933 in front of 100,000 people at the Capitol (congressional headquarters) in Washington, DC.

Beginning with an admission of love Franklin said: “This is a sacred day for the nation, and certainly on this day all the American people expect me to speak to them honestly and steadfastly about the tense situation.” The country’s current situation.

This is the best time to be brave and straightforward in telling the whole truth. We do not need to be afraid to face the country’s situation at this time.”

He said that to overcome the crisis, the American people need to overcome fear. At the same time, He also called on people to accompany and support the US government’s policies to overcome difficult times.

“The only thing we have to fear is fear – a Unreasonable fear of uncertainty always paralyzes the necessary efforts to help us change the situation.

In the dark moments of the nation, the honesty and enthusiasm of leaders Religion needs to be reconciled with the sympathy and support of the people, which is an essential factor to win. I am confident that you will continue to support the government in this important moment.”

With an optimistic spirit, Franklin affirmed that despite difficulties, faith and courage will help America. overcoming the crisis: “But our misery does not come from material deprivation. Compared to the dangers that our ancestors overcame thanks to their faith and courage, we feel that we are much luckier.”

He then made specific suggestions to America overcame the recession.

“The first and biggest task we must do is create jobs for everyone.”

According to Franklin, we can explain resolve unemployment through public investment, redistribute the labor structure nationwide and increase the value of agricultural products.

In addition, he also pointed out that the cause of the crisis comes from the Therefore, in the process of overcoming unemployment, we need to ensure two things to avoid the return of risks in the old order. First of all, it is necessary to closely monitor all credit and investment banking activities to end cash speculation. Next is to reserve an appropriate but sustainable cash flow.”

He affirmed that he will work with the US Congress to propose specific measures to achieve the above goals towards establishing establish a sustainable national economy.

“We will face the difficult days ahead with courage and a spirit of national solidarity with a clear awareness of seek the ancient and noble moral values ​​and satisfaction derived from the tough acts of duty of all classes of citizens young and old. We aim to ensure a prosperous and sustainable life for the entire nation,” Frankin concluded.

Restoring America’s economic strength

Franklin’s inaugural speech became legendary because it “awakened” the American people, who were immersed in a psychological crisis during the dark days of the country’s history.

After taking office with congressional support Franklin acted quickly and decisively on nearly all of his New Deal proposals such as the Agricultural Adjustment Act The National Industrial Recovery Act and the creation of the Public Works Administration were passed during his first 100 days in office.

By implementing a series of level-headed policies Such progress Franklin brought America out of economic and social crisis, creating the foundation for a stable and prosperous future. That explains why in 1936 he was easily re-elected and continued to win 2 elections later, he became the longest-serving president in American history.