Franklin Delano Roosevelt
Who are the 4 Presidents with Memorials didicated to them in Washington D.C.?
Married distant cousin, Eleanor
FDR’s 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 FDR’s dog, Fala
First 3 months of FDR’s 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
FDR’s legislative program to handle the depression It involves the three Rs
1. Relief Cash payments or job creation given by the gov’t directly to the unemployed & those in need
2. Recovery Measures taken by the gov’t to stimulate economy
3. Reform Laws initiated & created by the gov’t to prevent another economic disaster
Get ready for some letters! Nickname given to New Deal programs & their abbreviations