reply to post by grover
I hope people put partisanship aside (you can still be for or opposed, just not rabidly so) and seriously discuss this historic presidential
transition period and the first 100 days out from there. If we do this in a serious, thoughtful and sober manner with respect for all posters
regardless of whether they agree or disagree ... not only will ATS benefit but all of us as concerned and involved citizens will benefit. Thank you in
advance for your involvement.
A Recount of Not So Recent history. (In 7,000 strokes or less).
Roosevelt's legendary "First 100 Days"
is generally calculated to run from March 9 to June 16, 1933. It is an especially notable period of
time for the many pieces of MAJOR legislation passed by Congress on the request of FDR. See Foot Note 1.
Aside: No good Democrat claims FDR’s New Deal solved or ended the Great Depression although it certainly was meant to do that. Au contraire. What
the New Deal really accomplished was the restoration of personal HOPE and national CONFIDENCE
the future would be better. And that the full
powers of the Federal Government were put to work to make it happen. It made living a pleasure again. And that is why old New Dealers* love it so.
The GOP held both the House and Senate after the 1928 election of Herbert Hoover. Aside: The great dam under construction on the Colorado River was
named Hoover Dam after him before it was finished. Not entirely proper in that era. In 1933, the Dems promptly renamed it Boulder Dam. Then in 1946
with the election of the 80th GOP controlled Congress - labeled the “do nothing” Congress by Harry Truman - it was changed back to Hoover Dam. HST
brought Hoover back into good graces and appointed him Chairman of the Hoover Commission, one of the first to study the organization of the Federal
government. The Dems have not changed the name again since then.
The 1932 election was held on November 8. Prior to the adoption of the XX Amendment (in 1933) the XII Amendment (in 1804) had set March 4 as the
president’s inauguration day. Therefore, in the 1929-32 economic calamity - similar to that of today - 116 days would pass before FDR could be
sworn in. Almost 4 months! See Foot Note 2. That all too long delay was shortened by 43 days in the aforementioned XX Amendment. (The last election
was held November 4 and it will be 67 days - 2 months and 1 week - before the new president takes office. Too long to wait in Century 21, IMO).
The newly elected Democratic controlled Congress took office on December 5,1932. (That was changed by XX Amendment to January 3). The Dems began
passing laws (as requested by FDR - no transitions then) but Herbert Hoover promptly vetoed almost all of those. See Foot Note 3. From 1929-1933,
unemployment in the U.S. increased from 4% to 25%, manufacturing output reduced by approximately a third. Prices fell causing a deflation of currency
values, which made the repayments of debts much harder. The mining, lumber, and agriculture industries were hit especially hard by the drop in values.
FDR's natural air of confidence and optimism did much to reassure the nation. His inauguration on March 4 occurred literally in the middle of a
terrifying bank panic - hence the backdrop for his famous words: "The only thing we have to fear is fear itself." The very next day, to prevent a
run on banks, he declared a "bank holiday," closing all banks indefinitely until bankers and government could regain control of the situation.
The term "holiday" was meant to give a festive air to what was actually a desperate situation, but such was FDR's desire to provide hope to the
nation. Congress was almost entirely compliant and gave the President everything he wanted. The Emergency Banking Bill, which strengthened,
reorganized and reopened the most solvent banks, was passed overwhelmingly by Congress with little debate.
On March 12, Roosevelt announced that the soundest banks would reopen. On March 13, deposits at those banks exceeded withdrawals - a tremendous relief
to a worried nation. "Capitalism was saved in eight days," said Raymond Moley, a member of the President's Brain Trust.
The success of the First 100 Days was important, because it got the New Deal off to a strong and early start. Later, the conservative Supreme Court
would declare much of the New Deal unconstitutional, and Roosevelt's political prestige would decline as his policies failed to resolve the
Depression. If Roosevelt had not passed his agenda early, we would probably be without many New Deal programs we take for granted today.
Foot Note 1. These included the creation of the Federal Emergency Relief Administration, the Civilian Conservation Corps, the Reconstruction Finance
Corporation, and the Tennessee Valley Authority. Congress also gave the Federal Trade Commission broad new regulatory powers, and provided mortgage
relief to millions of farmers and homeowners. www.huppi.com...
Foot Note 2. The initial Wall Street Crash of the U.S. stock market occurred on Thursday October 24, 1929; then, on "Black Tuesday" October 29, the
stock market fell even more than it had the week before. These events were the catalyst of a worldwide economic depression.
Foot Note 3. If you are a history buff and want to see a clear representation of Mr. Hoover’s ideology, go to your local law library - every
county’s attorney has one and it’s open to the public - and ask for the 1933 annual book of the United States Code Annotated. Perusing it will
lead you to 2 laws enacted by the Democratic Congress.
One bill was to provide money to buy feed for cattle stranded in the middle west by heavy snows. The second bill was to provide money to operate soup
kitchens around the country to feed hungry people. President Hoover signed the bill to feed animals but vetoed the bill to feed people.
His veto message is reported in the book. He offered that to feed hungry people would destroy their initiative and self reliance and would create
dependence on the government. You can be sure that did not endear him to the millions of Americans out of work. Hmm? Name a dam after him? No way!
*I was born in April, 1934, some 329 days post June 19, 1933, which is more or less consistent with the human gestation period which is given as 240
to 300 days, averaging 270. My parents had married the day after Christmas in 1931. Without getting more graphic I can say it was probably the New
Deal that give my parents the confidence they could afford a first child! I therefore think of myself as a Child of the New Deal and I love it!