
Roosevelt: ‘The only thing we have to fear is fear itself’
Franklin D. Roosevelt was sworn in as president of the United States on 4 March 1933, at the depth of the Great Depression. Thousands of banks had failed, millions of people were out of work, and on the morning of his inauguration many of the nation’s banks had shut their doors.
In his address he told Americans that ‘the only thing we have to fear is fear itself’ and promised action. Within days he had closed the banks to stop the panic and called Congress into a special session, the start of the programme of recovery and reform known as the New Deal.
Read the full storyHistory & Timeline →Source: US National Archives: FDR’s first inaugural address declaring ‘war’ on the Great Depression ↗

















