|
|||||||||||||||||
![]() |
||||||||||||||||||||||||||||||||||||||||
![]() |
||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||
|
Franklin
When Roosevelt took the oath of office on March 4, 1933, America lay in the depths of the Depression. Between 12 million and 15 million Americans, about 25 percent of the work force, were unemployed. Millions of people had lost their life's savings. Many had lost their homes and lived in makeshift shacks. Many more stood in long lines for free soup and bread. Eleven thousand of America's 25,000 banks had failed. Herbert Hoover, Roosevelt's predecessor, had steered a mostly idle course through the crisis, waiting for the economy to correct itself, but the correction had not come. Franklin Roosevelt was not the type of man who waited for events to happen. In his inaugural address, he swore to bring the nation a New Deal, and backed by a soundly Democratic Congress, he took Washington by storm. Within days of taking office, he closed the remaining banks, avoiding a run on deposits that would have finished them all. He set up a system for judging the soundness of banks and reopened the ones that were solid. He moved to put the government itself on a budget, freeing up federal dollars for relief and reform measures. The
FDR created programs on the fly, and not all of them worked as intended. In May, 1935, the Supreme Court struck down the regulatory business codes of the National Recovery Administration. The Agricultural Adjustment Act was ruled unconstitutional in 1936. Altered to suit the courts and reenacted, it still largely failed in its mission of increasing farm prices. Roosevelt programs paid Americans to do everything from building airport runways to writing local histories. Although the New Deal had its critics, Roosevelt's programs left an impression upon America that lasted for decades. Under the auspices of the Works Progress Administration alone, Americans built 125,000 public buildings, 75,000 bridges, 8,000 parks, 800 airports, and more than 650,000 miles of roads, creating a modern American infrastructure and earning a paycheck all the while. Perhaps the most influential of Roosevelt's New Deal programs was the Social Security Act, which provided pensions to the elderly through a payroll tax. Altered over the years, Social Security has remained a significant source of support for elderly and disabled Americans. Although the New Deal mitigated American misery, it would take another great tragedy to end the Depression -- World War II. While America struggled to repair its shattered economy, fascist dictators in Germany, Italy, and Japan built massive armies and began their quest for world domination. Franklin Delano Roosevelt would lead America in the fight to defeat fascism and keep democracy alive. But Roosevelt would wage two wars, one secret and the other official. The Axis leaders -- Adolf Hitler in Germany, Benito Mussolini in Italy, and Tojo Hideki in Japan -- went on the move toward the end of the 1930s, taking territory by threat or by force. Hitler led the fascists in aggression. By mid-1940, he had crushed most of Europe and brought England to the brink of collapse. From
Meanwhile, Roosevelt built his Army. With the help of industrial tycoons, Roosevelt oversaw the conversion of the United States into the biggest munitions producer the world had ever known. He pushed a draft bill through Congress so America could bring men to battle when it needed them. After
The voters elected Franklin Delano Roosevelt president four times. Only death, it seemed, could remove him from office. By the time he died of a cerebral hemorrhage on April 12, 1945, the nation had, on the strength of a wartime economic boom, emerged from the Depression. Germany was in ruins, and the victory of democracy over fascism was virtually assured. Many of the Americans who mourned the death of their president would remember him forever as the man who saved their jobs, their homes, their farms, and their way of life when America stood at the brink of disaster. |
||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||