Franklin Delano Roosevelt's First Inaugural Address

by Franklin Delano Roosevelt
See All Books

<===Previous Page

Page 1

Next Page===>


True they have tried, but their efforts have been cast in the pattern
of an outworn tradition. Faced by failure of credit they have proposed
only the lending of more money. Stripped of the lure of profit by which
to induce our people to follow their false leadership, they have
resorted to exhortations, pleading tearfully for restored confidence.
They only know the rules of a generation of self-seekers. They have no
vision, and when there is no vision the people perish.

Yes, the money changers have fled from their high seats in the temple
of our civilization. We may now restore that temple to the ancient
truths. The measure of that restoration lies in the extent to which we
apply social values more noble than mere monetary profit.

Happiness lies not in the mere possession of money; it lies in the joy
of achievement, in the thrill of creative effort. The joy, the moral
stimulation of work no longer must be forgotten in the mad chase of
evanescent profits. These dark days, my friends, will be worth all they
cost us if they teach us that our true destiny is not to be ministered
unto but to minister to ourselves--to our fellow men.

Recognition of that falsity of material wealth as the standard of
success goes hand in hand with the abandonment of the false belief that
public office and high political position are to be valued only by the
standards of pride of place and personal profit; and there must be an
end to a conduct in banking and in business which too often has given
to a sacred trust the likeness of callous and selfish wrongdoing. Small
wonder that confidence languishes, for it thrives only on honesty, on
honor, on the sacredness of obligations, on faithful protection, and on
unselfish performance; without them it cannot live.

Restoration calls, however, not for changes in ethics alone. This
Nation is asking for action, and action now.

Our greatest primary task is to put people to work. This is no
unsolvable problem if we face it wisely and courageously. It can be
accomplished in part by direct recruiting by the Government itself,
treating the task as we would treat the emergency of a war, but at the
same time, through this employment, accomplishing greatly needed
projects to stimulate and reorganize the use of our great natural
resources.

Hand in hand with that we must frankly recognize the overbalance of
population in our industrial centers and, by engaging on a national
scale in a redistribution, endeavor to provide a better use of the land
for those best fitted for the land. Yes, the task can be helped by
definite efforts to raise the values of agricultural products and with
this the power to purchase the output of our cities. It can be helped
by preventing realistically the tragedy of the growing loss through
foreclosure of our small homes and our farms. It can be helped by

<===Previous Page

Page 1

Next Page===>