Franklin Delano Roosevelt
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Franklin Delano Roosevelt
Franklin Delano Roosevelt was born in 1882 on a Hudson River estate at Hyde Park New York, which was to be his lifelong permanent home. The second son of James Roosevelt, a lawyer, financier, and railroad executive, Franklin was the only child from his fathers second marriage to Sara Delano. The parents and private tutors provided the youth with almost all his formative education, which was heightened by his frequent travel and some study in Europe. He was an excellent student and enjoyed many sports.
In 1921, while at the familys vacation home off the Maine, Roosevelt was stricken with infantile paralysis. In 1924, he resumed his legal career, and at the Democratic national convention made a dramatic appearance on crutches and nominated Alfred Smith in for the Presidency – although John W. Davis became the candidate.
After Republican Herbert Hoover’s campaign in 1928 and serving in New York, Roosevelt won the Democratic Presidential nomination in 1932. Although easily defeating Hoover, during the 4-month period preceding Roosevelts inauguration, the depression worsened. Industrial production plummeted, thousands upon thousands of factories closed, unemployment soured, breadlines lengthened, and bank failures became common.
Roosevelt made huge strides as soon as he assumed office. He at once ordered a 4-day closing of banks to cut down on depositor panic. To calm and encourage the public, he began a series of radio broadcastings that he was to continue as a means of explaining his programs and gaining public support.
Roosevelt also created many new agencies with the hope of raising crop prices and increasing wages. These agencies, including the Agricultural Adjustment Act, the National Industrial Recovery Act, and Public Works Administration, created voluntary business and industrial codes geared toward increasing wages, maintaining prices, and reducing unemployment. Thankfully, legislation finally