![]() The tax increased their price and reducing demand. His administration put a new tax on grain products. MARIO RITTER: Franklin Roosevelt attacked the problem by limiting production. ![]() But it was a disaster for the farmers who produced those products. The situation was good for people in cities who bought farm products. There was too much grain, too much meat, too much cotton. The main cause of the problems for farmers was that they were producing too much. Many farmers could not even earn enough money to pay for their tools and seed. The buying power of the average farmer had dropped by more than half. Farm prices had fallen fifty-five percent. The average income of American farmers had dropped in three years from one hundred sixty-two dollars a year to just forty-eight dollars. American farmers had been hurt more than any other group by the economic depression. Now, Roosevelt was giving them action.ĭOUG JOHNSON: One of the most important areas of action for the new administration was agriculture. They came to seek jobs in the new administration.Īmericans watched closely what was happening in Washington. They came to speak with Roosevelt on economic and diplomatic issues.Īnd members of Roosevelt's Democratic Party arrived by the thousands. Ambassadors came from Britain, France, Brazil, Chile, China and many other countries. Experts of all kinds offered new ideas on how to rescue the economy. People from around the country rushed to the capital to urge the administration to support their ideas.īankers came by the thousands to win favorable legislation. The air was full of energy, like a country sky during an electrical storm. MARIO RITTER: Washington was filled with activity. People across the country watched in wonder as the new president fought and won battle after battle. Roosevelt's success in passing these laws excited the nation. ![]() At that time there was a national ban on alcohol. On Monday, Roosevelt called on Congress to make it legal to sell beer and wine and to tax those sales. He gave many listeners the hope that they could once again trust their banks and political leaders. His warm, powerful voice traveled to millions of homes. Two nights later, Roosevelt spoke to the nation in a radio speech. Once again, Congress met and approved Roosevelt's request immediately. Roosevelt signed the bills into law the same day.ĭOUG JOHNSON: The next day, Friday, Roosevelt called on Congress to cut federal spending. Both the House and Senate approved Roosevelt's strong new banking laws in less than eight hours. It passed everything that the new president wanted. Roosevelt also banned the export of gold.Ĭongress met on Thursday, as Roosevelt had asked. And he ordered all the nation's banks to close until the economy improved. Roosevelt asked Congress to begin a special meeting later that week. Sunday, March fifth, was the day after the inauguration. These three months are remembered today as the "Hundred Days." Roosevelt got Congress to pass more pieces of important legislation during this short period than most presidents pass during their entire term. MARIO RITTER: The first three months of Franklin Roosevelt's administration were an exciting time. The lights of Washington's federal office buildings burned late that night.Īnd not just on that night, but the next night and the next night, too. Roosevelt's aides began work even as he and his wife, Eleanor, watched the traditional Inaugural Parade. Back then, newly elected presidents were sworn into office in March instead of January. His administration launched into action even before the inauguration ceremonies were finished. The new president promised to fight the Great Depression that was crushing the economy. Roosevelt's inauguration speech in March of nineteen thirty-three gave hope to millions of Americans. This week in our series, we talk about the first one hundred days of the administration of President Franklin Roosevelt. “You’ve got unemployment going in the wrong direction, you’ve got people declining to work, businesses that are struggling to makes end meet to survive to create jobs and not being able to stay open because they can’t hire people because the federal government is paying people so much not work,” he continued.DOUG JOHNSON: Welcome to THE MAKING OF A NATION - American history in VOA Special English. Not stopping there, Brooks also blasted the “ugly inflation” stemming from Biden’s agenda and policies. They persist on paying people not to work and then act surprised when the people don’t work…” “But the Biden Administration is in this alternative economic reality, this fantasy land and they don’t get it. “For example, on an economic level, the idea that paying people not to work would actually cause people not to work is one that American people understand infinitely,” he added. MORE NEWS: NY State Senator Hits AOC On Dereliction Of Duty
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