FDR: The First Hundred Days » (Bargain)

Anthony J. Badger is Paul Mellon Professor of American History at Cambridge University and Master of Clare College. He is the author of a number of books, including North Carolina and the New Deal and The New Deal: The Depression Years, 1933–1940.

The Hundred Days, Franklin Roosevelt’s first fifteen weeks in office, have become the stuff of legend, a mythic yardstick against which every subsequent American president has felt obliged to measure himself. The renowned historian Anthony J. Badger cuts through decades of politicized history to provide a succinct, balanced, and timely reminder that Roosevelt’s accomplishment was above all else an exercise in exceptional political craftsmanship.

Declaring that Americans had “nothing to fear but fear itself,” Roosevelt entered the White House in 1933 confronting 25 percent unemployment, bank closings, and a nationwide crisis in confidence.From March 9 to June 16, FDR sent Congress a record number of bills, all of which passed easily. From legalizing the sale of beer to providing mortgage relief to millions of Americans, Roosevelt launched the New Deal that conservatives have been working to roll back ever since. Badger emphasizes Roosevelt’s political gifts even as the president and his brain trust of advisers, guided by principles, largely felt their way toward solutions to the nation’s manifold problems. Reintroducing the contingency that marked those fateful days, Badger humanizes Roosevelt and suggests a far more useful yardstick for future presidents: the politics of the possible under the guidance of principle.

The Barnes & Noble Review

The furiously busy first hundred days of Franklin D. Roosevelt s presidency have become a benchmark against which all later presidents have been measured. FDR s New Deal, Professor Badger tells us, "was an emergency response to the crisis of the Depression." Contrary to six decades of Republican rhetoric that s depicted FDR as a radical proponent of Big Government, Badger explains that FDR was neither anti-business nor in favor of massive government budget deficits. Indeed, in confronting his first crisis, the propping up of the nation s failing banking system, FDR borrowed his program directly from his predecessor, Herbert Hoover. Moreover, Badger explains that several of FDR s New Deal programs relied heavily on local authorities for their implementation. In setting up much-needed controls on prices, wages, and production, whether for farmers (through the Agricultural Adjustment Act) or businesses (through the National Recovery Act), FDR pursued a bottom-up policy that relied on volun- tary cooperation, local involvement, and minimal federal intervention. "The New Deal put its faith in grass-roots democracy," writes Badger. FDR viewed business as vital, but he loathed the sort of corporate and financial irresponsibility that he believed fostered the 1929 stock market crash. FDR s goal, notes Badger, was "to get the market to operate in a more open and transparent way" so as to protect the public interest. Badger s fresh and admirably fair-minded look at the New Deal s beginnings takes readers inside the White House as a new president deals day-to-day with the greatest economic crisis in this nation s history. --Chuck Leddy

Time Line ix

Introduction xi

1 The Problem and the Players 3

2 Ten Days That Opened the Banks 23

3 First Priorities 47

4 Industrial Recovery: The Belated Priority 83

5 The Progressive Impulse 109

6 The International Option 135

Conclusion 151

Bibliographical Essay 175

Acknowledgments 185

Index 187