During the Great Depression, Huey Long had an idea on how to fix the situation and Franklin D. Roosevelt, during his inaugural speech, talked about how change would come no matter how hard it was. When Roosevelt took office, America was getting someone who could try and undo all of the damage that Herbert Hoover left behind. Huey Long, Louisiana’s 40th governor, was suggesting different ways to fix the economy three years into Roosevelt’s presidency. Both of these men inspired many Americans that the Depression would not last forever. Before Franklin Roosevelt took office, Herbert Hoover was the current president at the time. Hoover was only president for a minimal eight months whenever the stock market crashed on October 24, 1929, sending …show more content…
In his speech, he begins it by saying that everything that is troubling the economy is material. Roosevelt wants to decrease the number of industrial workers and increase the number of agricultural farmers because the more that is produced, the more revenue coming into the economy. He then goes on to explain how he wants to employ a “strict supervision of all banking and credits and investments…”Roosevelt wanted to insure that the people’s money would be protected and given back to them in their entirety if another stock market crash would take place. Throughout the entire speech, Roosevelt kept saying how America should act quickly and to not give up. He reiterated that over and over again so that the people would know that Roosevelt is serious about fixing the economy. He was not giving America a false hope, he was talking about getting things done. He also said that if Congress would not work to fix this crisis in a timely manner, then he would have “broad Executive power to wage a war against the emergency…” He compares the current crisis to war with foreign enemies, declaring the nation in a state of …show more content…
Long. Long was the governor of Louisiana and had a different view on how to reform the Great Depression. He called it the “Share Our Wealth” program. The main points of the program are these: every family will have a home and the comforts it provides with a value of $5,000 or a little more than that but no less, no family can have a wealth of no lower than $5,000 and no higher than $5 million, the family income cannot be lower than $2,000 or higher than $1 million, older people can retire at 65 and be paid a pension, and lastly, that no youth should have their families pay for their college. A good number of people, particularly the lower classes, liked this program because it made everyone fairly equal to one another. Many people, however disagreed with Long’s program because of how much it favored Socialism. Socialism is a classless society where everyone works and is given the same benefits. There is also no private property in a socialistic society. Socialism helps to get rid of competition to make every citizen equal. Everyone receives equal paychecks, medical care, and other
In 1929, the stock market crashed, bringing great ruin to our country. The result, the Great Depression, was a time of hardship for everyone around the world. The economy in the US was lower than ever and people were suffering immensely. During these trying times, two presidents served- Herbert Hoover and Franklin Delano Roosevelt (F.D.R.) Both had different views on how the depression should be handled, with Hoover believing that the people could solve the issue themselves with no government involvement, and with F.D.R. believing that the government should work for their people in such difficult times.
The stock market crash of 1929 set in motion a chain of events that would plunge the United States into a deep depression. The Great Depression of the 1930's spelled the end of an era of economic prosperity during the 1920's. Herbert Hoover was the unlucky president to preside over this economic downturn, and he bore the brunt of the blame for the depression. Hoover believed the root cause of the depression was international, and he therefore believed that restoring the gold standard would ultimately drag the United States out of depression by reviving international trade. Hoover initiated many new domestic works programs aimed at creating jobs, but it seemed to have no effect as the unemployment rate continued to rise. The Democrats nominated Franklin Roosevelt as their candidate for president in 1932 against the incumbent Hoover. Roosevelt was elected in a landslide victory in part due to his platform called "The New Deal". This campaign platform was never fully explained by Roosevelt prior to his election, but it appealed to the American people as something new and different from anything Hoover was doing to ameliorate the problem. The Roosevelt administration's response to the Great Depression served to remedy some of the temporary employment problems, while drastically changing the role of the government, but failed to return the American economy to the levels of prosperity enjoyed during the 1920's.
Roosevelt is saying many things in this speech, first and foremost he is re-enforcing the message that there is nothing to fear but fear itself as is shown when he says "It is possible that when the banks resume a very few people who have not recovered from their fear may again begin withdrawals It needs no prophet to tell you that when the people find that they can get their money -- that they can get it when they want it for all legitimate purposes -- the phantom of fear will soon be laid," this was a very powerful message of Roosevelt's as he seemed to believe that the fear of people, once the initial market crash had taken place, had only compounded the problem. Another thing he is saying, and this is the overall point of the message, is that peoples confidence is essential to the recovery of the banking system, shown when he says "After all, there is an element in the readjustment of our financial system more important than currency, more important than gold, and that is the confidence of the people themselves. Confidence and courage are the essentials of success in carrying out our plan."
Historians claim that Hoovers term during the depression was filled with false promises and accuse the president of doing nothing while the depression worsened. Along with worsening the debt and a fairly aggressive use of government it is clear his approach towards the situation was not the best. FDR’s approach would prove during his administration to suffice in the augmentation of the crisis. Although it seemed like a completely opposite presidency, many ideas came from his predecessor. Roosevelt’s team of advisors understood that much of what they produced and fashioned into the New Deal owed its origins to Hoover’s policies.
Therefore, the main success of this speech is his presidency that will live on forever. Whenever a conversation is started about politics in general, it’s not a surprise to hear “I wish there was a candidate similar to Franklin Roosevelt”. The last thing that Roosevelt said in his speech was, “While this duty rests upon me I shall do my utmost to speak their purpose and to do their will, seeking Divine guidance to help us each and every one to give light to them that sit in darkness and to guide our feet into the way of peace.” (“One Third of a Nation.”). Just that one quote could explain to someone what he based his entire presidencies around, the American people and their
One of Lincoln’s most famous quotes is “A House divided against itself cannot stand.” This describes his presidency well- focusing on maintaining the Union. In the beginning, Lincoln tried to stay out of sensitive affairs involving the North and South in an attempt to keep them together, promising the South little interference. Despite this, he played a key role in passing the Thirteenth Amendment, doing whatever it takes to end slavery for good and ending the Civil War.
One effect of the Great Depression was the way that he was able to change American culture in such a short time. His actions gave the executive branch of the government an amount of power that they hadn’t ever wielded prior. Presidents of the past would usually just sign what came across their desk. His work with congress initiated all kinds of reform, recovery and relief programs. “Franklin D. Roosevelt introduced programs between 1933 and 1938, designed to help America pull out of the Great Depression by addressing high rates of unemployment and poverty. An array of services, regulations, and subsidies were introduced by FDR and Congress, including widespread work creation programs. The cornerstones of the New Deal were the Public Works Administration and the National Recovery Administration.” (Croft Communications,
Lyndon B. Johnson’s Voting Rights Act Address “Superior ability is not exclusive possession of any one race or any one class provided that men are given the right opportunities,” Henry A. Wallace. President, Lyndon B. Johnson, in his speech asserts that all American citizens are created equal and deserve the right to vote. He supports this claim by first using parallelism and alliteration, then loaded diction and allusion, then quotes, and finally ties it all together by using ethos and pathos. Johnson’s purpose is to get the audience to understand that all men and women are created equal in order to get all American citizens to vote. Johnson begins his assertive speech by stating that all American citizens have a problem with accepting equality for all men and women of every race and ethnicity.
In response to the Stock Market Crash of 1929 and the Great Depression, Franklin D. Roosevelt was ready for action unlike the previous President, Hubert Hoover. Hoover allowed the country to fall into a complete state of depression with his small concern of the major economic problems occurring. FDR began to show major and immediate improvements, with his outstanding actions during the First Hundred Days. He declared the bank holiday as well as setting up the New Deal policy. Hoover on the other hand; allowed the U.S. to slide right into the depression, giving Americans the power to blame him. Although he tried his best to improve the economy’s status during the depression and ‘pump the well’ for the economy, he eventually accepted that the Great Depression was inevitable.
Ultimately, these two incidents caused the banks to go bankrupt, diminishing the financial standings of the entire country. Then in 1928, Herbert Hoover was elected president of the United States, plunging the country into greater crisis. Hoover believed in rugged individualism, where the people of a country should not rely on their government for assistance during a time of distress but should instead look to themselves for a solution to their problems. He also believed that a country had natural cycles, that the economy would decline and naturally return to a state of prosperity on its own. Hoover’s ideology proved to be unsuccessful, so in 1932, Franklin Delano Roosevelt was elected the new president, one that believed in the “try anything” approach, setting into motion the New Deal that provided reform, recovery, and relief to our country. The New Deal brought the Great Depression to an end through rebuilding the banking system, providing jobs to the high number of unemployed, and creating programs to provide opportunity and assistance to
Following his election in 1932, President Roosevelt was faced with a nation that was nation the middle of the Great Depression. The Stock Market had crashed, banks had closed, people were out of work, and families had lost everything. In an attempt to get the nation back on its feet, FDR created a series of programs to meet its unemployment and financial needs.
The horrific problems caused by the Great Depression in America needed to be solved. In 1932, a new president offered a different approach called the New Deal. This president was Franklin Delano Roosevelt. Roosevelt received 7 million more votes than Herbert Hoover, who failed to assist with the Great Depression. Roosevelt was extremely different to Hoover, which is what helped Roosevelt achieve the greatest presidential victory America had ever seen. Hoover took office shortly after the crash, therefore many Americans blamed him for it, and others blamed him for not doing enough to deal with the depression. Roosevelt promised a new deal for the American people and provided them with someone to trust and be confident in. Roosevelt was able
Roosevelt inherited the situation from President Herbert Hoover. While it is hard to pinpoint the exact date that the depression started, the stock market crash of 1929 is the major signpost. In October of 1929, the New York Stock Exchange lost fifty billion dollars and the leading industrial stocks in the United States had lost forty percent of their value (Watkins 40). The ten years following the crash constitute the span of the Great Depression. While it is certain that it hit the poor and working class the hardest, its reach was felt throughout society and reached into all economic levels. Between the years of 1929 and 1932, the year Roosevelt was elected, the situation went from bad to worse.
The Great Depression was a time where millions of people were out of work, poor, in jail, and much more. Limited government action was President Hoover’s plan on dealing with the economic crisis at hand. However, once Theodore Roosevelt won the Presidential election of 1932, this approach changed. Within his first hundred days, this approach was seen as Roosevelt worked with Congress to pass many new pieces of legislation to help the country out of the economic crisis. The government worked to implement these new policies, which covered many areas of citizens life that were not previously involved with the government. Most of these policies also dealt with those in poverty, and many people fell into poverty during this time period. The Great
The 'Great Depression' was one of the biggest and most important economic crisis in US history. Many different things are attributed to causing this depression. After lasting for many years, certain programs and domestic policy changes were implemented by President Franklin Roosevelt with the purpose of boosting the economy, helping lower the unemployment rate, and protecting the country from another such depression.