Monday, October 14, 2019

Franklin Roosevelt's First Fireside Chat

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The Great Depression that began in 1 in the United States of America proved to be a test of everything America stood for. The fears and doubts Americans had towards the US banks caused everything to crumble. Obviously, many things contributed to the fall of the economy, and many things transpired to make the depression last as long as it did, but the lack of trust by the American people in established banks and other monetary institutions was the major catalyst. This lack of trust is what Franklin Delano Roosevelt addressed in his first Fireside Chat as president. When Franklin Roosevelt took his oath of office, America had already been four years into the depression. Roosevelt had a big task before him, the task of restoring American trust in established banks and other institutions as well as restoring trust in the government. The American people trusted the banks October 1, 1, but after this dreadful day, the citizens of the United States figured that their money was safer sitting under their mattress at home. This fear caused thousands of people to go to the bank and try to withdraw their money. The problem was, banks didn't have enough liquid cash on hand to fulfill these withdrawal requests. So instead of giving the people their money they had to tell them that they didn't have any money. This obviously scared the people and the whole thing just snowballed into the Great Depression. This is the background information one needs to know in order to read Roosevelt's first Fireside Chat. In this Chat he states in the first sentence, "I want to talk for a few minutes with the people of the United States about banking." Basically, in the opening of the speech he made it very clear that he wanted to let everyone know what had happened, what the current status was, and where things were going in the very near future. "I want to tell you what has been done in the last few days, and why it was done, and what the next steps are going to be." This basically lets the people know that they will know and understand everything that they need to know, and allows them to place their trust in the person who told them. Very soon after this Roosevelt explained why there was not money in the banks when people went to withdraw. He was making sure that everyone was on an equal ground of understanding, that they knew about how and why the banks invest the money. Next Roosevelt explained that the reason he issued the proclamation that provide for the current national bank holiday was because a week earlier, barely a single bank was open for business. Roosevelt declared that this was "the first step in the government's reconstruction of our financial and economic fabric." Of course, this speech was not the only thing Roosevelt was doing in order to get the country out of depression. This was just the beginning of what he called the "New Deal" or basically just a whole new attitude taken by the government. He knew that the only thing that would help the United States during this time was a total change in the interaction between the government and the people.


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He came right out and said this in his inaugural speech stating that "this is pre-eminently the time to speak the truth, the whole truth, frankly and boldly . . . the only thing we have to fear is fear itselfnameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance" (Nardo, 18). These powerful words prepared the American people for the major change of direction that Roosevelt would bring to America. This change can be seen in his first Fireside Chat and is evident in several different parts. "I do not promise you that every bank will be reopened or that individual losses will not be suffered, but there will be no losses that possibly could be avoided; and there would have been more and greater losses had we continued to drift." This statement accomplishes three things. One, it shows that Roosevelt is not making empty promises. Two, it shows that Roosevelt is willing to tell the truth. And three, it tells the people why this change is necessary now. The American citizens were not stupidthey knew that losses had to happen and they would not trust a president who attempted to ignore these and instead silver coat everything. The last 0 seconds of his Chat are perhaps the most powerful, and rightly so. He basically talks about how nothing he or his administration does will work without the people's confidence and trust. "Confidence and courage are the essentials of success in carrying out our plan. You people must have faith; you must not be stampeded by rumors or guesses. Let us unite in banishing fear. We have provided the machinery to restore our financial system; and it is up to you to support and make it work. It is your problem, my friends, your problem no less than it is mine. Together we cannot fail."Roosevelt knows that there is no way he can expect to earn the confidence and trust of the American people without leveling with them, and identifying with them. So by saying it is the American people's problem no less than it is his, Roosevelt proves that he is one of them and willing to take on the responsibility of the problem. Obviously this one speech can not be credited with bring America out of the Depression but it was the beginning. It set the tone for the way the new government would interact and represent the people. It proved that Roosevelt's inaugural speech was not just empty words and promises of a new president. There's no telling what state the United States would be in today had Roosevelt not led the country on this new path of honesty and trust. It wasn't an easy task to earn the trust of so many people but Roosevelt did it, and the proof lies in the fact that he was re-elected after 4 years. This Fireside Chat was the beginning of a much loved tradition during this time. The American public learned to trust and even love this honest and fearless leader, and because of this, America emerged from a dark and dreary time. Works CitedNardo, Don. The Great Depression. Greenhaven Press, Inc. San Diego, CA. 18. Please note that this sample paper on Franklin Roosevelt's First Fireside Chat is for your review only. In order to eliminate any of the plagiarism issues, it is highly recommended that you do not use it for you own writing purposes. In case you experience difficulties with writing a well structured and accurately composed paper on Franklin Roosevelt's First Fireside Chat, we are here to assist you. Your persuasive essay on Franklin Roosevelt's First Fireside Chat will be written from scratch, so you do not have to worry about its originality.


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