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Franklin Delano Roosevelt
First Presidential Inaugural Address
"This is a day of national consecration. And I am certain that on this day my
fellow Americans expect that on my induction into the Presidency, I will address
them with a candor and a decision which the present situation of our people
"This is preeminently the time to speak the truth, the whole truth, frankly and
boldly. Nor need we shrink from honestly facing conditions in our country today.
This great Nation will endure, as it has endured, will revive and will prosper."
"So, first of all, let me assert my firm belief that the only thing we have to
fear is fear itself -- nameless, unreasoning, unjustified terror which paralyzes
needed efforts to convert retreat into advance."
"In such a spirit on my part
and on yours we face our common difficulties. They concern, thank God, only
material things. Values have shrunk to fantastic levels; taxes have risen; our
ability to pay has fallen; government of all kinds is faced by serious
curtailment of income; the means of exchange are frozen in the currents of
trade; the withered leaves of industrial enterprise lie on every side; farmers
find no markets for their produce; and the savings of many years in thousands of
families are gone."
"More important, a host of unemployed citizens face the grim
problem of existence, and an equally great number toil with little return. Only
a foolish optimist can deny the dark realities of the moment."
Text, Audio, Video Excerpt of Address
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