David Roosevelt's Inaugural Address

Decent Essays

This picture is of Roosevelt during his inaugural address. This is where he told the people of the nation the famous line of, “the only thing we have to fear is fear itself.” He also stated that he would take direct action and attack the depression as if it were a foreign enemy. The very next day he then issued a four day bank holiday to stop people from withdrawing their money from sketchy banks. On March 9th, congress then passed his Emergency Banking act. This reorganized the banks and closed the ones that couldn’t support themselves. In his “fireside chat” three days afterwards he urged the American people to put their money back in banks. By the end of the month he was able to open 3 quarters of them. He then convinced congress to end

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