The Defining Moment: FDR's Hundred Days and the Triumph of Hope

The Defining Moment: FDR's Hundred Days and the Triumph of Hope

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The Defining Moment shows how Roosevelt used his famous "fear itself" speech and his first 100 days in office to lift the country from the despair and paralysis of the Great Depression and transform the American presidency. With its themes of a nation in crisis and a strong executive, The Defining Moment is not only an inspiring political story, but also a book that is pertinent to today's debates over both foreign and domestic affairs.

Product Details

ISBN-13: 9781572705531
Publisher: Blackstone Audio, Inc.
Publication date: 04/15/2006
Edition description: Unabridged Edition
Product dimensions: 5.54(w) x 6.00(h) x 1.42(d)

About the Author

Jonathan Alter is an analyst and contributing correspondent for NBC News and MSNBC. He is a former senior editor and columnist for Newsweek, where he worked for twenty-eight years, writing more than fifty cover stories. He has also written for The New York Times, The Washington Post, The Atlantic, Vanity Fair, The New Republic, and other publications. He is the author of The Promise: President Obama, Year One and The Defining Moment: FDR’s Hundred Days and the Triumph of Hope, both New York Times bestsellers, and Between the Lines, a collection of his Newsweek columns.

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Sunday, March 5, 1933

On this, his first full day in the presidency, Franklin Delano Roosevelt awoke in a creaky narrow bed in the small bedroom of the White House family quarters he had chosen for himself. After his valet, Irvin McDuffie, helped him with the laborious task of putting on his iron leg braces and trousers, McDuffie lifted him into his armless wooden wheelchair for the elevator ride downstairs. The new president's schedule called for him to attend morning services at St. Thomas's Church with his family, host a luncheon for twenty at the White House, and then chair an emergency Cabinet meeting, where he would outline his plans to call Congress into emergency session.

None of the staff or reporters who saw him that Sunday noticed that FDR was anything other than his usual convivial self. He had stayed up past one o'clock the previous night talking with Louis Howe, his longtime chief aide and campaign strategist, while Eleanor and their five children attended the Inaugural Ball without him. The crippled president, now fifty-one years old, hadn't wanted to sit passively while everyone else danced; passive was not his style. Besides, he and Howe had important things to discuss, beginning with how to extricate the United States from its gravest crisis since the Civil War.

The American economic system had gone into a state of shock, its vital organs shutting down as the weekend began. On Friday, the New York Stock Exchange suspended trading indefinitely and the Chicago Board of Trade bolted its doors for the first time since its founding in 1848. The terrifying "runs" that began the year before on more than five thousand failing banks had stripped rural areas of capital and now threatened to overwhelm American cities. At dawn on Saturday, only a few hours before FDR's swearing in, the governors of New York, Illinois, and Pennsylvania signed orders closing the banks in those states indefinitely, which meant that thirty-four out of forty-eight American states, including the largest ones, now had no economic pulse. Each state's closure had its own financial logic, but collectively they proved merciful. Without them, Saturday morning would have brought even more ruinous bank runs, with legions of depositors descending on their banks in desperation at the very moment the new president took the oath of office.

The outgoing president, Herbert Hoover, was on his way back to California, a study in failure. As late as 1:00 a.m. on Inauguration Day, he was still haggling with FDR on the telephone about the banking crisis. In late morning, they rode in uncomfortable silence to the Capitol. Hoover's brilliant understanding of complex issues had brought him and the country nothing. For more than three years, since the aftermath of the stock market crash, he had been sullen and defensive as disease spread through the American economy.

As frightening as life had become since the Great Depression began, this was the bottom, though no one knew that at the time. The official national unemployment rate stood at 25 percent, but that figure was widely considered to be low. Among non-farm workers, unemployment was more than 37 percent, and in some areas, like Toledo, Ohio, it reached 80 percent. Business investment was down 90 percent from 1929. Per capita real income was lower than three decades earlier, at the turn of the century. If you were unfortunate enough to have put your money in a bank that went bust, you were wiped out. With no idea whether any banks would reopen, millions of people hid their few remaining assets under their mattresses, where no one could steal them at night without a fight. The savings that many Americans had spent a lifetime accumulating were severely depleted or gone, along with 16 million of their jobs. When would they come back? Maybe never. The great British economist John Maynard Keynes was asked by a reporter the previous summer if there were any precedent for what had happened to the world's economy. He replied yes, it lasted four hundred years and was called the Dark Ages.

Late in 1933, the journalist Earle Looker peered backwards several months to assess the Hobbesian stakes as FDR assumed office: "Capitalism itself was at the point of dissolution. Would men continue to work for profit as our forefathers understood it and as our people now understand it? This was a real question, for money was now useless. Would it be necessary soon to organize our families against the world, to fight, physically, for food, to keep shelter, to hold possessions?"

Even two generations later, the terror remained indelible for those who experienced it. "It was just as traumatic as Pearl Harbor or the destruction of the Twin Towers," the scholar Richard E. Neustadt, who was a teenager at the time, recalled. "It wasn't on television, but the banks were failing everywhere, so you didn't need television to see what was going on."

Roosevelt's Inaugural Address had begun the process of restoring hope, but not everyone caught the new mood right away. The press coverage that morning largely downplayed or ignored FDR's line: "the only thing we have to fear is fear itself." The New York Times and most other newspapers relegated the line to their inside pages, while focusing instead on the vivid wartime allusions he employed five times during his speech -- martial metaphors that suggested that there was, in fact, plenty to fear after all. The greatest applause from the large crowd on the east side of the Capitol came when Roosevelt said that if his rescue program was not quickly approved: "I shall ask Congress for the one remaining instrument to meet the crisis: broad executive power to wage war against the emergency, as great as the power that would be given to me if we were in fact invaded by a foreign foe."

The United States had not been "invaded by a foreign foe" since 1812, but this felt like it. Arthur Krock of the Times compared the mood in Washington on Inauguration Day to "a beleaguered capital in wartime." For the first time since the Civil War, armed men patrolled the entrances to federal buildings, while machine gunners perched on rooftops. Editors knew that the world war, just thirteen years in the past, had concentrated great power in the hands of Woodrow Wilson's government. To them it looked as if FDR were proposing the same thing. And so the approving headline FOR DICTATORSHIP IF NECESSARY ran in the New York Herald-Tribune on March 5, with similar notes stuck in the Inauguration coverage of other major papers.

Exactly what was "necessary"? No one knew, including Roosevelt. Even before being sworn in, he had decided on a federal bank "holiday" (a festive term he preferred to Herbert Hoover's "moratorium") to give the people who now ran the country a few days to figure out what to do. Then what? Should he assume wartime authority on a temporary basis? Call out the Army to protect banks and maintain order? Mobilize veterans? Unrest was already growing in the farm belt, where mobs had broken up bankruptcy auctions. Four thousand men had occupied the Nebraska statehouse and five thousand stormed Seattle's county building. The governor of North Carolina predicted a violent revolution, and police in Chicago clubbed teachers who had not been paid all school year. Everywhere, bank runs threatened to turn violent. By the Inaugural weekend, police in nearly every American city were preparing for an onslaught of angry depositors. At least some were certain to be armed.

With so many banks involved, the U.S. Army -- including National Guard and Reserve units -- might not be large enough to respond. This raised the question of whether the new president should establish a makeshift force of veterans to enforce some kind of martial law. The temptation must have been strong. It hardly seems a coincidence that FDR decided that the first radio speech of his presidency would be specially addressed to a convention of the American Legion, the million-member veterans' organization co-founded after World War I by his fifth cousin, Theodore Roosevelt.

The short speech was scheduled for that Sunday evening at 11:30 p.m. EST, with all radio networks carrying it live across the country. In preparing for the broadcast, someone in the small Roosevelt inner circle offered the new president a typewritten draft of suggested additions that contained this eye-popping sentence:

As new commander-in-chief under the oath to which you are still bound I reserve to myself the right to command you in any phase of the situation which now confronts us.

This was dictator talk -- an explicit power grab. The new president was contemplating his "right" to command World War I veterans -- mostly men in their late thirties -- who had long since reentered civilian life. It was true that they had sworn an oath to the United States on entering military service and that the 1919 founding document of the American Legion pledged members to help "maintain law and order" and show "devotion to mutual helpfulness." But the commander in chief had no power over them. Here Roosevelt would be poised to mobilize hundreds of thousands of unemployed and desperate men by decree, apparently to guard banks or put down rebellions or do anything else he wished during "any phase" of the crisis, with the insistence that they were dutybound to obey his concocted "command."

That word -- "dictator" -- had been in the air for weeks, endorsed vaguely as a remedy for the Depression by establishment figures ranging from the owners of the New York Daily News, the nation's largest circulation newspaper, to Walter Lippmann, the eminent columnist who spoke for the American political elite. "The situation is critical, Franklin. You may have no alternative but to assume dictatorial powers," Lippmann had told FDR during a visit to Warm Springs on February 1, before the crisis escalated. Alfred E. Smith, the Democratic nominee for president in 1928, recalled with some exaggeration that "during the World War we wrapped the Constitution in a piece of paper, put it on the shelf and left it there until the war was over." The Depression, Smith concluded, was a similar "state of war." Even Eleanor Roosevelt, more liberal than her husband, privately suggested that a "benevolent dictator" might be what the country needed. The vague idea was not a police state but deference to a strong leader unfettered by Congress or the other inconveniences of democracy. Amid the crisis, the specifics didn't go beyond more faith in government by fiat.

Within a few years, "dictator" would carry sinister tones, but -- hard as it is to believe now -- the word had a reassuring ring that season. So did "storm troopers," used by one admiring author to describe foot soldiers of the early New Deal, and "concentration camps," a generic term routinely applied to the work camps of the Civilian Conservation Corps that would be established by summer across the country. After all, the Italian Fascist Benito Mussolini, in power for a decade, had ginned up the Italian economy and was popular with everyone from Winston Churchill to Will Rogers to Lowell Thomas, America's most influential broadcaster. "If ever this country needed a Mussolini, it needs one now," said Senator David Reed of Pennsylvania, outgoing President Hoover's closest friend on Capitol Hill. The speech draft prepared for FDR brought to mind Mussolini addressing his black-shirt followers, many of whom were demobilized veterans who joined Il Duce's private army.

Roosevelt came to office just as the appetite for strong leadership seemed to be surging worldwide. For Americans, German chancellor Adolf Hitler was worrying but new, his leadership to be ratified in a legal election held across Germany that very day, March 5. While Hitler was already seen in the United States as a reckless buffoon, almost no one in the country yet focused on the threat posed by fascism.

The most powerful American publisher, William Randolph Hearst, seemed to favor dictatorship. The Hearst empire extended to Hollywood, where Hearst that winter had personally supervised the filming of an upcoming hit movie called Gabriel Over the White House that was meant to instruct FDR and prepare the public for a dictatorship. The movie's hero is a president played by Walter Huston who dissolves Congress, creates an army of the unemployed, and lines up his enemies before a firing squad. FDR not only saw an advance screening of the film, he offered ideas for script rewrites and wrote Hearst from the White House that he thought it would help the country.

"There was a thunder in the air as when the Fascisti marched upon Rome," wrote one journalist close to the Roosevelt camp, of the fevered climate that chilly March weekend. "It was the same tension that quivered about the Kremlin at the beginning of the Five Year Plan. Insiders thought there was to be a peaceful revolution involving a dictatorship."

FDR knew the consequences of failing to seize the day. A visitor -- unidentified in the press -- came to him not long after the Inauguration and told him, "Mr. President, if your program succeeds, you'll be the greatest president in American history. If it fails, you will be the worst one." "If it fails," the new president replied, "I'll be the last one."

This sounds melodramatic to Americans in the 21st century, when freedom is flourishing in so many parts of the world. But during the 1930s, democracy was on the run, discredited even by subtle minds as a hopelessly cumbersome way to meet the challenges of the modern age. At the time, history offered little precedent for a leader taking power amidst a severe military or economic crisis without seizing more authority for himself. The few republics ever established -- from ancient times to modern Europe -- had eventually bent before such demands. So did the American system. During the Civil War, Abraham Lincoln suspended habeas corpus and twisted the Constitution in order to save the nation.

But on March 5, 1933, an astonishing thing happened -- or more precisely, did not happen. The draft of that American Legion radio address was destined not for the ears of millions of veterans and other Americans, but for nothing more than the speech files of the Roosevelt Library, where it lay unexamined for more than seventy years. The five-minute speech that FDR delivered that night built on the military tone of the Inaugural. He argued for the "sacrifice and devotion" of wartime and noted that it was "a mistake to assume that the virtues of war differ essentially from the virtues of peace." But there was no hint of the need for a private army.

No one knows who wrote the unused draft or why FDR discarded the suggested additions, but something inside the man kept him from moving in an extraconstitutional direction. Some combination of personal and democratic conviction set him on a different course, at once more traditional and bold. This most pragmatic of modern American presidents sensed the unworkable nature of untrammeled power, even in the hands of the only person he completely trusted -- himself.

In the days ahead, FDR moved in the opposite direction, passing the word on Capitol Hill that he did not believe in a constitutional dictatorship and asking his friend Felix Frankfurter to tell Lippmann to stop hawking dictatorship and disrespect of Congress in his columns. It was not as if Roosevelt was letting the cup pass; for the next twelve years, he would fully exploit the authority of the presidency, sometimes overreaching to the point where his enemies accused him of becoming a dictator. He would flirt with fascistic (or at least corporatist) ideas like the National Recovery Administration and in 1937 try to pack the Supreme Court. But even then, he would do so in the context of democracy, without private armies or government-by-decree. Even at his worst, he would eventually submit his schemes for the approval of Congress. Instead of coercion, he chose persuasion; instead of drawing the sword, he would draw on his own character and political instincts. He would draw, too, on the subconscious metaphor of his own physical condition. Although it was only rarely mentioned in the press, the American people knew at the time that he had polio (though not the extent of his disability) and it bound them to him in ways that were no less powerful for being unspoken: If he could rise from his paralysis, then so could they.

The deeper questions would take time to plumb. If character was to be FDR's weapon for confronting the crisis, how was it forged and then deployed? Which complex combination of temperament, background, and experience allowed Roosevelt to bring off his act in his famous Hundred Days? Whatever the verdict of history on his expansion of government and particular policy prescriptions, this much is clear: Rather than succumbing to dictatorship or chaos, the United States underwent a "laughing revolution," as a reporter covering FDR put it, the projection of one man's faith in his own performance and in the capacity of democratic institutions to confront the terror of the unknown.

That March of 1933, the new president did not have to mobilize aging members of the American Legion under martial law. Franklin Roosevelt mobilized himself and his latent talent for leadership. He found his voice, and his voice defined America. Copyright ©2006 by Jonathan Alter

Author's Note

In more than two decades covering politics, I've had a good look at many of the leaders who shape our world. Sometimes I interview them one-on-one; more frequently, I watch from the crowd, where the vantage is often superior. Once in a while, I'm lucky enough to witness what since the early 1980s has been known as a "defining moment," when the character or perception of a political figure is crystallized. I was in the theater in Prague in 1989 as Václav Havel announced that the Czech Communist Party had fallen from power; I rode around in a small bus with Bill Clinton in 1992 and with John McCain in 2000 as each defined himself for a national audience in just a few weeks in New Hampshire; I stood five feet from George W. Bush at a smoldering Ground Zero as he vowed through a bullhorn to retaliate for the attacks of September 11, 2001.

But whenever I think about defining moments, I keep going back to the one that took place a quarter century before my birth -- the desperate winter of 1933 when Franklin D. Roosevelt narrowly escaped assassination, then restored hope with his "fear itself" Inaugural Address, his first "Fireside Chat," and the thrilling legislative experimentation of what came to be known as the Hundred Days.

This book is not a full account of Roosevelt's life or of the early New Deal. Instead, it's the story of how at one of the darkest moments in American history, a political and communicative genius saved American democracy. FDR's intelligence was hardly at genius levels; he was lampooned right up until 1933 as a lightweight. So I've included a biographical opening that examines where he acquired the sense of security that he later conveyed to the world. This section takes him from mama's boy through Washington operator through the trauma of polio. Then I focus much more closely on one pivotal year: from June 1932, when he was nominated for president in Chicago on the fourth ballot, until June 1933, which marked the end of the Hundred Days. The culmination of that momentous period is covered in a final chapter on Social Security and in the Epilogue.

This is a thematic narrative -- a slice of history -- that details how Franklin Roosevelt became president of the United States and revived the spirits of a stricken nation. I try to trace both his manipulative streak and his famously first-class temperament, which helped lift Americans out of their mental depression without curing their economic one. FDR's stunning debut in office was the flowering not just of versatile thinking but of brilliant instincts for leadership. Who influenced him? How did he grow himself into a surpassingly inspirational figure? What grand mixture of timing, cunning, and character gave him and his generation what he later called a "rendezvous with destiny"?

Roosevelt died in office in 1945 before he could write any memoirs, and his letters in this period are mostly dutiful and unrevealing. He was the first president who did most of his domestic business on the telephone, where, with a few exceptions after 1940, his conversations went unrecorded. So another angle of vision is required. Sometimes my lens is journalistic, as I scan for the revealing anecdote; sometimes it is more historical, a search for deeper connections with the help of archival material from the 1932-33 period or for the leadership secrets behind FDR's swift "turnaround" of a failing enterprise. Taking a cue from FDR, who referred to himself at Warm Springs, Georgia, as "Old Doc Roosevelt," I also see my role almost as a doctor examining a patient, in this case a man who became the most important president since Abraham Lincoln, and the most underestimated.

FDR was, by many accounts, the most consequential man of the 20th century. Yet it is now nearly 125 years since his birth and more than sixty years since his death. With that in mind, I've included footnotes with bits of historical context and a few comparisons to recent presidents to help illuminate the main roads of the story. The Notes section identifies sources and provides amplification.

Although the Roosevelt literature is vast, no previous book about FDR has concentrated so closely on his role in the 1932-33 period. In recent decades, most authors have focused on the later years of his presidency. FDR may be commonly remembered for bringing victory in World War II, but it's worth recalling that he did so only with the help of the Allies. The first time he saved democracy, in 1933, he accomplished it more on his own, by convincing the American people that they should not give up on their system of government. Before he confronted fascism abroad, he blunted the potential of both fascism and communism at home.

Instead of viewing the Hundred Days as the opening act of the Roosevelt presidency -- the more traditional historical approach -- I depict it as the climax of an exquisite piece of political theater. This performance was only possible because of a supreme self-confidence in his ability to lead the country when it was, as he later put it, "frozen by a fatalistic terror." The story that follows, then, is not just about the early days of the Roosevelt presidency but about where his confidence came from, and how he used it to win power, restore hope, and redefine the bargain -- the "Deal" -- the country struck with its own people.

The result was a new notion of social obligation, especially in a crisis. In his second Inaugural, in 1937, FDR took stock of what had changed: "We refused to leave the problems of our common welfare to be solved by the winds of chance and the hurricanes of disaster."

We live in an age when the question raised by any work of history is: Why now? Roosevelt is of lasting interest not just because we, too, must face our fears, real and imagined; not just because of a few similarities and many differences between him and another president with a famous name, confronted with big problems. I wrote this book to better understand a few timeless questions about the nature of crisis leadership and the meaning of the American experiment in self-government. What is government for? How can it be mobilized in an emergency to secure safety and ease suffering? Where do hope and inspiration come from, and what might they accomplish?

Nations, like politicians, occasionally experience defining moments, where their course is fixed for generations in the historical blink of an eye. "His most dazzling successes were domestic and psychological," wrote the novelist Saul Bellow, who grew up worshiping Roosevelt in Chicago. "It is not too much to say that another America was formed under his influence." My goal is to explain and re-create that psychological success, the one that brought us this new America -- a country of commitment to one another, with a set of governing values we are debating anew today. Copyright ©2006 by Jonathan Alter

Table of Contents


Author's Note

Prologue: Sunday, March 5, 1933


Chapter One: Security

Chapter Two: "My Boy Franklin"

Chapter Three: "Miss Nancy"

Chapter Four: Eleanor and Sara

Chapter Five: Dilettante

Chapter Six: "The Medieval Gnome"

Chapter Seven: The Operator

Chapter Eight: The "Ghastly Affliction"

Chapter Nine: Warm Springs Dress Rehearsal

Chapter Ten: "I ve Got to Be It Myself"


Chapter Eleven: "Brother, Can You Spare a Dime?"

Chapter Twelve: "This Doesn t Go for Above the Neck"

Chapter Thirteen: "Try Something" for "the Forgotten Man"

Chapter Fourteen: The Brain Trust

Chapter Fifteen: The Hair-Splitter

Chapter Sixteen: "The Corkscrew Candidate"

Chapter Seventeen: Off the Reservation

Chapter Eighteen: Flight to Chicago

Chapter Nineteen: The Bonus Army

Chapter Twenty: The Trial of Jimmy Walker

Chapter Twenty-one: "Hang Hoover!"


Chapter Twenty-two: The Perfect Foil

Chapter Twenty-three: Under the Mattress

Chapter Twenty-four: "Wooden Roof" and Other Cabinetry

Chapter Twenty-five: Nearly Martyred in Miami

Chapter Twenty-six: "Damn the Secretary"

Chapter Twenty-seven: "Gabriel Over the White House"

Chapter Twenty-eight: The Hairy Hand

Chapter Twenty-nine: Reluctant First Lady

Chapter Thirty: "Like Hell I Will!"


Chapter Thirty-one: "Fear Itself"

Chapter Thirty-two: The Consecration

Chapter Thirty-three: "An Injection of Adrenalin"

Chapter Thirty-four: "Action Now"

Chapter Thirty-five: That Temperament

Chapter Thirty-six: Holiday Spirit

Chapter Thirty-seven: "Surpassing Charm"

Chapter Thirty-eight: That Voice

Chapter Thirty-nine: "The Chief Croupier"

Chapter Forty: Roosevelt s "Tree Army"

Chapter Forty-one: The Blue Eagle

Coda: Social Security

Epilogue: "Dr. New Deal"


Inaugural Address, March 4, 1933

First Fireside Chat, March 12, 1933



Acknowledgments Index

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Defining Moment 3.5 out of 5 based on 0 ratings. 50 reviews.
KyBorn More than 1 year ago
Despite the Subtitle, this book does not primarily focus on the first 100 days. Over half the book covers FDR's political life before his first inauguration. Since my primary reason for buying this book was to educate myself on the parallels between then and now as well as the policy action.

That being said, this is a good book for anyone wanting to learn about FDR's early political career and the events that shaped his character and methods.
tenspeed More than 1 year ago
I read this book twice, once rather rapidly for "enjoyment" and a second time several months after to get the "substance." I can say without equivocation that Parts 1, 2 and 3 fit nicely into Francis Tiffany's idea that, "...all is but prelude...." The meat, if it can be called such, is Part 4 when the 100 days is actually discussed. While the first 3 parts don't really cover the 100 days, they do give a rather deep, and at times slogging, review of FDR's life before the election of 1932 and the start of his presidency. But, was it really worth it? I've wondered that for a while now. However, without an idea of what made the man, can you truly understand what the man made?
Anonymous More than 1 year ago
This book is enlightening! It presents the first hundred days of Franklin Roosevelt's presidency in a very readable format. The people involved in Roosevelt's personal and political lives come to life in an exciting yet historically accurate rendering of the events of the first hundred days. You feel like you really get to know the people. They are fleshed out, real people--not just the Roosevelt family, but other people involved in the politics of the times. Jonathan Alter is an excellent writer.
JL_Garner More than 1 year ago
In a story recounted in "Newsweek" senior editor Jonathan Alter's "The Defining Moment," President Franklin Delano Roosevelt called on former Chief Justice Oliver Wendell Holmes during his first hundred days in office. Afterwards, Holmes mentioned FDR's cousin Theodore, and made the remark "A second-class intellect, but a first-class temperament." (Holmes never clarified which Roosevelt he was talking about, though most historians have assumed he meant Franklin.)

Alter's book is just that: first-class writing, but as far as a deep and probing analysis of the legendary 100-day emergency session of Congress that marked the beginning of the Roosevelt Administration, this book only rates second-class (and that's being incredibly generous). The book spends too much time setting up the players -- FDR, Eleanor, Sara, Louis Howe, Herbert Hoover -- and how they got there, and not enough time on what they actually DID. It rehashes FDR's early career, but brings little that's new or groundbreaking to the table. The coverage of the actual 'Hundred Days' is rather perfunctory and almost seems like an afterthought.

"The Defining Moment" also suffers from feeling too much like a collection of "Newsweek" pieces rather than a cohesive long-form historical narrative. Most chapters are short enough they could probably have been run in Alter's magazine as a series of 4-5 page articles. Alter's writing reads like a "Newsweek" article, too -- well-polished, but with the intellectual depth of a child's wading pool. Those used to lengthy, well-researched tomes by the likes of David McCullough and Doris Kearns Goodwin will be vastly disappointed.

Alter's book has resurfaced again because of comparisons between the crisis FDR faced in March 1933 and the crisis facing president-elect Barack Obama in 2009. (Keith Olbermann flogging it every time Alter appears on MSNBC's "Countdown" doesn't hurt either.) While there may be some interesting parallels between Roosevelt's crisis and Obama's, this is far from the best book out there if you want to read up on the historical side of this story.
Clif on LibraryThing More than 1 year ago
Those of us alive now have a difficult time understanding the degree of fear and uncertainty felt by people in 1933 when the banks were closing and they had no idea what the future held. One had to live through the time to know how it felt. Even then, some people soon forgot and started complaining about FDR¿s efforts to fight the depression. They forgot that before FDR's inauguration may leading thinkers (including the respected columnist Walter Lippman) were encouraging him to assume dictatorial powers in order to save the nation. Conditions were so bad that some people speculated that the last time the world had a similar crisis it was followed by 400 years of "dark ages." And with the wrong people in leadership it could have turned into a dark age. Instead Franklin Roosevelt was able to lift the confidence of the nation. I can remember my father telling me about Roosevelt closing all the banks in the United States on his first day of being president. He felt FDR had saved the nation. Roosevelt was able to instill the needed confidence in the banks by promising that the banks that were allowed to open again would be safe. The bank¿s conditions were reviewed and only the solvent bank¿s were allowed to open. Then within weeks, people who had waited in line to get their money out of the bank were now waiting in line to put their money back in. There was no deposit insurance at the time, so the fear of banks failing was real. Ironically FDR was opposed to deposit insurance at the time. In hindsight it¿s apparent that FDR, and most other people at the time, did not understand very much about economics. He sort of took action by intuition. The early New Deal program was actually operated by left over staff from the Hoover administration. Nevertheless, it is obvious that there is no way Herbert Hoover could have instilled the confidence in the banks the way the FDR did. The difference between recovery and disaster was psychological, but nevertheless it was a real difference.It¿s interesting to note that on paper Hoover was much more qualified to be president than FDR. Which indicates that the most important trait needed to be president is charisma. Experience and administrative skill are not all that important for the top person; Others can do that stuff.The conclusion of this book is that FDR deserves credit for saving democracy, but not ending the depression. The depression was ended by World War II.
Angelic55blonde on LibraryThing More than 1 year ago
I would have given this a better rating but the title was very misleading so I finished the book slightly disappointed. The majority of the book was focused on President Roosevelt's back-story. It focused on his childhood and how it shaped his personality, his rise to political power, etc. His actual Hundred Days is not even focused on until Part 4 of the book (about a couple hundred pages into the book) and even then it almost seems like a summary.The background on FDR was interesting, but I thought it could have been pared down, since I thought the point of the book was to focus on his first year in office. Plus, I already know a great deal about FDR's history so I did not need the review.Also, this book did not focus on his legislation or anything close to that as much as I would have liked. The book was more about President Roosevelt's personality and disposition and how he manipulated his way into getting certain things.Even with these disappointments, I think this book is well-written and an exciting read. It has short chapters, which I liked, since it makes you feel like you are really reading a great deal. I would recommend this book to anyone who does not know much about President Roosevelt or anyone who is interested in President Roosevelt's temperament and how that affected his political life.
iammbb on LibraryThing More than 1 year ago
Illuminating.Timely.Eminently readable.I read it because it's one of the books our new president is reading because, you know, our new president reads.From the start, I was learning. There were many details of the Depression of which I was unaware. It was troubling how many of them mirrored today's headlines. But do the solutions attempted during the Depression have any applicability to today's circumstances?Alter makes the argument that the key to the New Deal was the persona of the newly elected president and his willingness to basically just keep throwing darts at the dart board. According to Alter, Roosevelt didn't have so much a vision regarding what to do as a drive to simply do something. The appearance of activity went a long way in creating optimism.Alter creates a revealing, well-balanced portrait of FDR. While his focus is the first 100 days of FDR's presidency, he provides plenty of lead in and follow up which gives the reader a solid overview of the entire era and a great deal of detail about the defining moment.
peacemover on LibraryThing More than 1 year ago
Jonathan Alter, senior editor at Newsweek, and frequent contributor at MSNBC has written an excellent book about the rise and early presidency of Franklin Delano Roosevelt entitled 'The Defining Moment.' In concise yet articulate chapters Alter paints a compelling portrait of FDR, ther president who took the helm at what was, up until that point, the direst financial and societal crisis the nation had seen perhaps since the Civil War, and certainly in the 20th century.Now known as 'The Great Depression,' America was plunged into crisis after the great stock crash of 1929. The downward spiral was arguably exacerbated and accelerated by the failed policies of Herbert Hoover. Enter FDR.Roosevelt had worked his way up to serve as secretary of the Navy in the mid 1920s. At that time Al Smith was the governor of New York. Smith, in some ways, saw FDR as his heir apparent to the governorship in NY. He also felt threatened by him.Smith had strong ties to the Tammany Hall group that had dominated NY city politics for decades but were suspect and corrupt in the eyes of many not within their circle. As the 1930s began, Alter describes how Roosevelt took on Tammany Hall and even launched an investigation against the NYC mayor, culminating in the mayor resigning under suspicion. This brazen challenging of the regional status quo helped make a name for FDR, and added momentum to his candidacy for president.As it turned out, FDR ended up battling Smith for the Democratic nomination in 1932. This was an uphill battle, as Smith, while waning in popularity with the electorate, tightly controlled the party leadership that got out the vote and controlled the convention.In Alter's nuanced portrait we see not only the glad-handing, smiling, congenial FDR who overcame obstacles and his disability. We also see a shrewd political maneuverer who knew how to say what needed to be said to win voter confidence, while also staying several steps ahead of his political adversaries. He showed great skill at gaining political advantage.Roosevelt faced significant challenges along the way. One of his greatest challenges was his battle with illness. At the age of 39 he developed a mysterious fever while on vacation. He did not seek treatment right away and ended up with a crippling case of polio. As president-elect, he also was the target of a botched assassination attempt.His handlers and assistants worked vigorously to keep FDR from being portrayed as weak. He was not allowed to be photographed either in a wheelchair or being carried. When he made his way to the rostrum at the convention, he strode up on his son's arm along with a cane.One of the key turning points in his recuperation was his trips to Warm Springs, Georgia. He found the waters there to be therapeutic and also found renewed confidence through his time there. Alter asserts that FDR's bout with polio also sensitized him to the plight of the disabled and destitute and, in part, influenced some of the sweeping social reforms of the New Deal.One of the greatest sources of strength for Franklin, though was his wife Eleanor. They had their share of challenges, and according to Alter were on the verge of her considering divorce due to his infidelity. She rallied behind him, though, and was an effective and persuasive campaigner. Alter mentions one story where protesters had gathered outside the White House and Eleanor went out to serve them tea, listen to their concerns and diffuse a potentially ugly situation.Once in office, FDR initiated the New Deal- which, while unpopular with conservatives to this day, arguably helped get the U.S. economy and workforce back on its feet. It also promoted greater equity in wages and benefits for American workers through programs like the National Recovery Administration and social security.Roosevelt also became well known for his 'fireside chats,' one of which Alter includes in the appendix. These periodic radio broadcasts were the first time a president had addres
reannon on LibraryThing More than 1 year ago
The history of the U.S. is at another defining moment, as a new President prepares to take office who has the potential to be as transformative a leader as Lincoln or FDR. That is one reason I'm reading books about both FDR and Lincoln, to see what lessons their experiences provide us in another moment of national crisis.Alter is a senior editor at Newsweek and analyst for NBC news. He has put together an excellent work here that concentrates on the first 100 days of FDR's presidency. He does cover Roosevelt's life before the inaugaration, briefly, but with an emphasis on traits that helped FDR be probably the only man in the running who could have made things better to any real extent.Alter emphasizes some of the same things as others, including the effect the polio had in deepening Roosevelt's determination and compassion for others. Some things he talks about are not emphasized much in other bios, such as the attempted assassination in Miami in February 1932. Roosevelt was not injured, but Chicago mayor Anton Cermak was and eventually died of his wounds. At some point Cermak was put into the car next to Roosevelt who held and encouraged him until they reached the hospital. It had a galvanizing effect on public opinion of Roosevelt, who had been seen as rather weak and vacillating prior to this. Nevertheless, it was not an easy campaign and he almost did not get the nomination.One of the other big surprises is that Roosevelt was at first fairly conventional, determined to cut government spending and raise taxes in order to improve the economy... the things almost everyone in both parties were saying to do. He didn't have strongly held convictions on what to do, and some of the legislation of that first 100 days were cobbled together at the last minute and wererather a hodgepodge of ideas. FDR's genius was in part a willingness to try anything and see what worked and what didn't, a conviction that action of any kind was better than non-action. That, coupled with his genius for communicating, helped people recover their belief that things would get better, which by itself helped make things better.Alter's book is well-written, and incredibly well-researched. His bibliography is a masterpiece, and includes not only books, but document collections, interviews, and newspapers and magazines. He wrote this book as much as possible from primary materials, and found some resources in archives that haven't previously been used in works on FDR. Excellent and recommended book, with, in my opinion, good lessons for Obama..
fourbears on LibraryThing More than 1 year ago
I admit to reading this one because Obama was reading it and because so many pundits have been citing similarities between the Depression in the 30ies and Roosevelt¿s first 100 days of New Deal legislation and the situation currently faced by our new president. I ended up seeing more differences than similarities between the two presidents and between the two situations¿which doesn¿t mean the book isn¿t not only interesting but timely. By the way, I agree with the author that this time around 100 days won¿t do it. And even with Roosevelt, as Alter says, his most significant legislation, Social Security, passed later in his Presidency.While the book tends to zero in on the 100 days, the author obviously found that, writing to a general audience, he had to give considerable background on Roosevelt¿which he does in a series of short chapters which I found fun to read even though I¿m fairly well read on Roosevelt the person and the president and have recently read a good complete biography (Edwards, FDR). In most chapters there was an anecdote or fact that I¿d not heard before so I couldn¿t accuse Alter of just regurgitating what other writers have written.Alter makes much of the comment by Justice Oliver Wendell Holmes that Roosevelt¿s primary asset was not his mind but his ¿first class temperament¿¿that the title of the first book I read about Roosevelt (by Geoffrey Ward). However, Alter does honor the suggestion, made by Edwards among others, that it¿s not clear whether Justice Holmes was talking about FDR or about Teddy Roosevelt. But temperament is an important issue in the book and timely because so many have noted that one of Obama¿s greatest assets is what most call, these days, his ¿unflappability¿. In temperament they may not be all that similar, but for both Obama and Roosevelt, likability is an important part of the appeal and the ability to talk to ¿the people¿ (not just the politicians) in a way that clarifies complex issues and involves the listener in solutions is of critical importance.Alter gives considerable space to Eleanor in this book too: her despair at giving up her privacy to become first lady, her discovery of a new and historically significant role for the first lady, and her function in keeping FDR in touch. Because of his paralysis, the extent of which the American people did not know, Roosevelt was more vulnerable to what we now call the ¿bubble¿ the President exists in. In the 30ies Eleanor began traveling the country and the world, going down in coal mines¿and eventually into war zones¿to talk to ¿ordinary Americans¿ and bringing her insights back to the President. From the first, Roosevelt recognized the danger that the President grow ¿out of touch¿, reminding us that Obama¿s fight to keep his Blackberry isn¿t just his technology fix, but his recognition that Presidents can easily become bubble-dwellers.
shadowofthewind on LibraryThing More than 1 year ago
This was an excellent book to read during the first weeks of the Obama Presidency. On reading the book, I could tell that Obama was using the same techniques as FDR to manage the banking crisis. Of course, on reading the book, the crisis FDR faced was far more dire than the current one.Overall, the book showed FDR as more human and politically driven than any type of savior. He did things to make himself look good and manipulated the press for his own interest. His burdens were heavier, dealing with those who would ditch democacy and capitalism for socialism and fascism. Our faith in those systems are stronger now.
BillTillman on LibraryThing More than 1 year ago
Jonathan Alter is great as a political commentator, and ditto writher.
abookofages on LibraryThing More than 1 year ago
An important book to read right now. The good years of the 1950s and 60s were built upon the foundation laid by FDR. Few people realize how close America came to complete collapse in 1933, or how crucial FDR's actions were in saving the capitalist system.
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MerlinDB More than 1 year ago
Interesting and informative, but could use some editing. Prone to wander off the subject.
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This is an excellent account of FDR's life and presidency. This is well researched and objective. A must for anyone who enjoys American history.
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