Franklin D. Roosevelt had campaigned against Herbert Hoover in the 1932 presidential election by saying as little as possible about what he might do if elected. Through even the closest working relationships, none of the president-elect’s most intimate associates felt they knew him well, with the exception perhaps of his wife, Eleanor. The affable, witty Roosevelt used his great personal charm to keep most people at a distance. In campaign speeches, he favored a buoyant, optimistic, gently paternal tone spiced with humor. But his first inaugural address took on an unusually solemn, religious quality. And for good reason—by 1933 the depression had reached its depth. Roosevelt’s first inaugural address outlined in broad terms how he hoped to govern and reminded Americans that the nation’s “common difficulties” concerned “only material things.”
I am certain that 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 impel.
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.