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First Inaugural Address

Franklin Delano Roosevelt

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Book Excerpt: 
. . .Values have shrunk to fantastic levels; taxes have risen; our ability to pay has fallen; government of all kinds is faced by serious curtailment of income; the means of exchange are frozen in the currents of trade; the withered leaves of industrial enterprise lie on every side; farmers find no markets for their produce; and the savings of many years in thousands of families are gone.

More important, a host of unemployed citizens face the grim problem of existence, and an equally great number toil with little return. Only a foolish optimist can deny the dark realities of the moment.

And yet our distress comes from no failure of substance. We are stricken by no plague of locusts. Compared with the perils which our forefathers conquered because they believed and were not afraid, we have still much to be thankful for. Nature still offers her bounty and human efforts have multiplied it. Plenty is at our doorstep, but a generous use of it languishes i. . . Read More

Community Reviews

In some ways, this speech is one of the best inauguration speeches. It is well spoken, with an emotional beginning and end and a body that outlines what exactly the issues were and how exactly FDR wanted to deal with them. However, with the hindsight of history and my own political views in mind, I

Very fascist speech

The famous line..."there is nothing to fear, but fear itself" comes from this rousing speech. The nation was wracked in unemployment and bread lines and bank closures. People were in fear of homelessness and felt helpless. This speech eloquently acknowledges this deep fearfulness. All while calling

One of my favorites of the Presidential addresses. I know that so much of what was said applied especially to the depression era of American history, but so many of those practices would still work today if government was so inclined to lean that way. A great speech that I enjoy today as much as the