Abstract
Abstract March 4, 1933, was a cold, gray day in Washington. As Americans contemplated a fourth year of economic depression, of bank panics, burgeoning unemployment, and plummeting in comes, Franklin D. Roosevelt took the presidential oath of office, carefully enunciating his determination to pre serve, protect, and defend the Constitution. Then, turning to the large crowd that had assembled outside the Capitol, the new president began the task of trying to revive hope and confidence, famously assuring his audience that they had nothing to fear but fear itself before stressing his intention to act boldly and quickly.
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