Franklin Delano Roosevelt Who are the 4 Presidents with Memorials didicated to them in Washington D.C.? Married distant cousin, Eleanor FDRs mistress 1910: NY legislature 1920 gains Dem. nomination for VP 1913: Wilson appoints him Asst. Sec. of Navy 28 & 30: Gov. of NY 1932: Elected President I promise a New Deal for the American people I promise bold experimentation The only thing we have to fear is, fear itself 1921: FDR contracted Polio Lost use of his legs FDRs dog, Fala First 3 months of FDRs presidency Time of intensive legislation People withdrew $$$ from banks causing money shortage RESULT... banks closed Governor ordered a banking Moratorium : A temporary shutdown of operations WHY? to allow banks to replenish money supply Had opposite effect. People panicked & took their money out! People lost faith in banks & put $$$ in pillow cases & under mattresses! I declare a partial bank holiday Banks will ONLY make urgent loans & accept deposits for 4 days Other banks stayed closed until $$$ was replenished Congress reopened financially secure banks FDRs legislative program to handle the depression It involves the three Rs 1. Relief Cash payments or job creation given by the govt directly to the unemployed & those in need 2. Recovery Measures taken by the govt to stimulate economy 3. Reform Laws initiated & created by the govt to prevent another economic disaster Get ready for some letters! Nickname given to New Deal programs & their abbreviations
