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Article: Nothing to Fear.(Books)(Book review)
- Article from:
- The Christian Science Monitor
- Article date:
- January 21, 2009
- Author:
CopyrightCOPYRIGHT 2009 The Christian Science Publishing Society. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Terry Hartle
Franklin Delano Roosevelt faced extraordinary economic challenges when he assumed the presidency of the United States in March 1933. The nation was stuck in a seemingly endless depression, unemployment stood at 25 percent, and many governors had declared a*bank holidaysa* to prevent bank closings.
Roosevelt promised a*bold, consistent experimentationa* and said that his policy would be to a*try something and if that doesn't work, try something else.a*
He meant it. In just 100 days, his new administration advanced a series of initiatives that gave the federal government a direct role in managing the economy. The steps he ...