it's a pleasure to have you all here. so, yes, we do have his books in shop, so please go and get them. we are going to have a book signing afterwards, so please drive home. i know it's been a very rainy this evening, so enjoy and thank you all for coming.

you. franklin delano roosevelt. do solemnly swear that you will faithfully execute the office of president of the united states and will do best that your ability preserve both and depend

the constitution of the united states. so help you god i. franklin delano. do solemnly that i will faithfully execute the office of president. of the united states. and will to the best of my ability preserve. protect and defend the constitution. the united states. so help me god. hello, mr. justice. my friends, this is a day of national consecration. and i am certain that on this day, my fellow american expect that on my induction into the president, i will address them with candor and a decision which the present situation of our

people impel. this is preeminently the time to speak the truth. the whole truth. frank lay and boldly, no need. we from honestly facing conditions in our country today this great nation will endure as it has endured. wherever and will prosper. well, first of all, let me assert my firm belief that the only thing have to fear is fear itself. namely unreal and unjustified terror which paralyzes needed effort to convert into advance in every thought. all of our national life. a leadership of frankness and a figure has met that understanding and support of the

people themselves, which is essential to victory. and i am that you will again give that support to leadership in the critical day and such a spirit on my part and on your. we pray for a common difficult is vacant and thank god only material thing value is a front to back plastic level taxes that worsen our ability to pay a solemn government of all times by serious curtailment income. the means of a change of president in the current rate, the weather may our industrial enterprise on every side farmers find no market without radio and the savings of many years and thousands of families are gone. more important, a host of

unemployed citizens face the grim problem of a system and an equally great number toil where little return. only a foolish optimist can deny the stark realities the moment. and yet, howard distress comes from no failure of substance. we are stricken by no plague locusts compared the perils which our forefathers conquered. because they believe and were not afraid. we still much to be thankful for nature offers a bounty and human have multiplied it plenty is at our doorstep, but a generous use of languishes in the very sight of the supply. primarily, this is because the rulers of the chains of mankind would have their own stubbornness and their own

incompetent have admitted their failure and have abdicated. practicing of their unpopular money changers. brand entitlement part of public opinion rejected by the heart and minds of man so they tried, but their efforts been fast and the product of an out worn provision faced by failure of credit. they have proposed only the lending of mob money to the law of profit by which induce our people to follow their first leadership. they have resorted to exhortations waiting carefully for restore confidence. they only know the roles of a generation because they have no vision and there is no vision. the people perish. yes, the money changers have fled from the highest seats in

the temple of our civilization. we now restore that temple, very ancient, to. the measure of that restoration lies in the extent to which we social value more noble than monetary profit. happiness lies not in the mouth of money. it lies in the joy of achievement. in the thrill of creative matter. the joy of the moral stimulation work no longer must be forgotten in the mad of abundance and profit. jesus saved my friend. yes, they teach us that our true destiny is not to be ministered unto, but to minister to ourselves, through our fellow man.

recognition of that person of material wealth as the standard of success. those hand in hand with the abandonment of the belief that public office and high political positions ought to be valued only by the standard of pride, of place and profit. and it must be an end through conduct in banking and in business, which too often has given to a sacred trust the likeness of and selfish wrongdoing. small wonder that confidence languish, shed or it thrives on honesty and on honor. on the sacredness of obligations. on faith. for protection. and on on self performance. without them. it cannot live restoration, however, not for changes in

ethics alone. this is asking for action and action now. our greatest primary task is to put people to work work. this is no unsolvable problem. if we place it wisely and courageously. it can be accomplished in part by direct recruiting by the government itself. creating the task as would treat the emergency of a war. but at the same time, through this employment accomplishing great greatly needed projects to stimulate and reorganize the use of our great natural resources hand in hand with we must frankly recognize as weak of a balance of population in our industrial centers and by

engaging on a national scale in redistribution endeavor to provide a better of the land for those best for the land. yes, the task can be helped by definite efforts to raise the values of agricultural product, and with this the power purchase the output of our cities it can be helped by preventing realistically the tragedy of the growing through the conclusion of our small hands and our farms. it can helped by a system that the federal, the state and the local act forthwith on the demand that back must be drastically. it can be helped by the unifying of activities which today are scattered, uneconomical,

unequal. it can helped by national planning and supervision. all forms of transport and of communication and other utilities that a definite public character. there are many ways in which can be helped, but it can never be helped by merely talking about. it. we must. we must act quickly. and finally, in our progress towards a resumption of work, what we require to safeguard against the return of the evils of. the old order. there must be strict supervision of all banking and credit, and been vestment. them be an end to speculation

with other people's money. and must be provision for adequate but found currency. these my friends are the lines of attack. i shall presently support a new congress in special session detailed measures for our fishermen and i shall see. we are as assistant of the 48 states. broun. this program of action. we address ourselves to putting own national house in order and making income. our goal, our international trade relations. though vastly important, are in point of pride and necessity

secondary to the established model of same national economy. i pay my. as a practical policy. the putting are first things first. i shall spare no effort to restore world trade by international economic readjust. but the emergency home cannot wait on that accomplishment. the basic problem that guides be specific means of national recovery is not nationally or narrowly nationalistic. this is the insistence as a system should that machines are independent of the various elements. german forces. united states of america. a recognition of the old and permanent important manifestation of the american

spirit. the pioneer. it is the way to recovery. it is the immediate way. it is the strongest assurance that recovery will endure in the field of world policy. i would dedicate this nation, to the polish say of the good neighbor, the neighbor who resolutely respects himself. and because he does so respect the rights of others. the neighbor who respect his obligations and, respect the sanctity of his in and a world of neighbors. if i read the precept directly, we now realize we have not realized before all interdependence on each other, that we cannot.

merely take but give as well. but if we are to move forward, we must move as a trained and loyal army willing to sacrifice, for the good of poland itself, without such discipline, no problems can be made. no leadership becomes effective. we are right now, ready and willing to submit our lives and our property through such discipline. because it makes possible a leadership which aims at the larger good. this i propose offer that during that the larger purposes will bind upon us bind upon us all as a obligation with, a unity of duty to vote only in times of armed strike. with this pledge, i assume and

the leadership of this great army of our people dedicated, brave discipline and attack upon our common. action in this image. action to this end is feasible under the form of government, which we have inherited from our ancestors. comes the decision is so simple, so practical, that it is possible always to meet needs by in emphasis and arrangement without loss of a central form. that is why our constitution and old system has proved itself the most superbly enduring political mechanism. the modern world has seen. it has met breath of expansion of territory, of foreign wars, of bitter, internal strife, of world relation.

and it to be hoped that the normal balance of executive and authority may be fully equal, wholly adequate to meet the unprecedented before us. but it may be that an unprecedented demand and need for and delayed action may call for a temporary departure from that normal balance of public procedure. i am prepared under my constitutional to recommend measures that are stricken making in the midst of a second world may require these measures or such other measures as the congress may build out of its experience wisdom. i shall, within my constitutional to bring those

up. but in the event that the congress shall fail take one of these two courses in the event that the national emergency is still. i shall not evade the clear force of duty that will then confront me. i shall ask the congress for the one remaining instrument to make the process broad. executive power to wage war against the emergency as great as the power that would be given me if we were in fact invaded by foreign pro. ball. the press proposed may i will return. and the courage and the devotion that for the time i can do no less. we face the arduous days that lie before us in the warm

courage of unity, with a clear consciousness of seeking all and precious moral value, with a clean that comes from the stern of duty by all young alike. we aim at the assurance of rounded a permanent national life. we do not distrust. they are the future, a central democracy. the people of the united states have not failed in their need. they have registered a mandate that they want direct, vigorous action. they have asked for discipline and direction under leadership.

they have made me the present instrument of their wishes and the spirit of the gift. i take it. in their dedication of a nation we humbly the blessing of the may he protect each and every one of. may guide me in the days to.