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  Today in History

From the AP archive:
March 4, 1933

Roosevelt inaugurated as the 32nd president

By EDWARD J. DUFFY
Associated Press Writer

WASHINGTON (AP) - Franklin D. Roosevelt ascended to the presidency today with the stringent banking situation foremost in his planning, forthwith declared that "this nation asks for action, and action now" and proceeded to act accordingly.

He declared that the times must be considered as though war were on, and that he intended to seek from Congress any drastic powers warranted to deal with problems surging for solution.

To the gala inaugural ceremonies, he gave himself with the usual smiling facility. But the while, too, he was making ready for the stupendous trails impending.

Right away, he won quick confirmation for his Cabinet from a specially convened midafternoon session of the Senate, and called the members together to be sworn in after he had stood from 2:30 to 6:05 p.m. reviewing the presidents inaugural parade.

Legislation to alleviate the financial impasse was in process of formation, but being kept in free form for changes that developments might necessitate William H. Woodin, secretary of the treasury had the matter in charge.

On top of that, he summoned Democratic congressional leaders to meet with him tomorrow to discuss when to call the special session. There were hints tonight that this might be done as early as Wednesday.

Just what he had in mind for handling the banking emergency remained his own guarded secret. It was known, however, on the word of a senator close to former President Hoover, that there had been discussion between the new and old executives of proposals for some sort of percentage guarantee for bank deposits.

As the wearied legislators and inaugural crowds congregated for discussion and retrospection tonight, special attention was given to several sections emphasized by Roosevelt in his inaugural address. For instance there was the word "adequate" that he stressed particularly at the Capitol, when he said "there must be provision for an adequate but sound currency."

Proponents and opponents of inflation speculated as to what, if any, significance was attached to that.

Again, with discussions expected soon as to war debts, a section that attracted notice in diplomatic quarters was that which placed the domestic situation decidedly ahead of international questions. Conceding the importance of international trade, Mr. Roosevelt placed it second to the "establishment of a sound national economy."

"I shall spare no effort to restore world trade by international economic readjustment," were his words, "but the emergency at home can not await that accomplishment."

His getting down to work with his Cabinet tonight and arrangements for his discussions tomorrow with the Democratic congressional steersmen, and on Monday with Governors from all over the country, over shadowed the inaugural affairs of today and tonight.

Outwardly, all the traditional pageantry of inaugurations held sway but there was more than that.

Never was there such a day, for beneath the panoply of parade ran a waiting and a wanting new to inaugurals.

The sense of momentous, and perhaps dramatic, decisions impending appeared to permeate all ranks.

Legislators and diplomats, jurists and business executives, unemployed and vendors on the streets through them all, and the columns in the parade, too a sort of common sentiment of thoughtfulness seemed to be evident.

It was in that atmosphere, while the tremendous crowds of parade watchers were breaking up at twilight, that the new Cabinet held its first meeting with mr. Roosevelt as President.

It was not a time for words, he said but a few hours before in his Capital address, but we must act and act quickly.

The framework was all ready, for days past the word had been that he was prepared when the responsibility was his.

Tonight it was, and unless signs fall, developments were in the making which will write today's spectacular and color-filled events into reininiscence much sooner than was true of past inaugurals.

First of all, perhaps even while gaily frocked misses and their dress suited escorts were dancing away the hours at tonight's inaugural ball, a study had to be made of when to summon the special session of the new Congress. It may come within a few days.

Members of the Congress were on hand in full force for the inaugural festivities. They heard their leader speak unmineingly, at times as though directly to them, again as though to the nation and more than that too, as though to the world. His words went everywhere.

On lifting his eyes, he looked out upon more than a hundred thousand Americans who hung on to his every expression cheering for an instant now and again, but more often in a mood of restraint or perhaps quiet hopefulness.

Behind him rose the majestic Capital, with flags fluttering in cool breezes on its ramparts, and with hundreds more watching him from stands on its peaks.

He had just come from there, from the ceremony in which John N. Garner of Texas had succeeded Charles Curtis of Kansas as Vice President and fifteen members of his party had been sworn as new senators.

On his right side, in the somber robe of his station, sat Chief Justice Charles E. Hughes, who a moment before had administered to him

the oath of office.On his left his lips taut, sat Herbert Hoover, a private citizen, ready to leave within a matter of minutes for New York.

And all around, in that pillared and bellagged stand reminiscent of the one on which he sat when Woodrow Wilson took the presidential oath twenty years ago to the day, were the national leaders of the Congress and the judiciary joined with him in the tasks of four years to come.

Fifteen times from their ranks and those of the private citizenry who banked every inch of space within sight, fleeting spasms of applause halted the President. The first was when he declared materialism, and declared as though a defiant relief that "the money changers have fled from their high seats in the temple of our civilization."

The climax, brief but pronounced, broke as he said he would ask Congress for emergency powers, should the need arise, to do what needs be done as though "we were in fact invaded by a foreign foe."

His head was bared. His demeanor was solemn. His words were clipped, save here and there. He smiled at the start, nodding a greeting to the crowd, who gave their sharpest cheer when first he walked slowly down the ramp to the front of the stand, leaning for support on the arm of his tall son, James.

 

 

 

 

 
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