Word: roosevelt
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...Abraham Lincoln vowed that the Union would complete "the great task remaining before us" yet made it clear that the goal was not just to defeat the Confederacy but to ensure "that this nation, under God, shall have a new birth of freedom." During World War II, Franklin D. Roosevelt tacitly agreed to postwar Soviet dominion over Eastern Europe in part to secure Moscow's support for an invasion of Japan. But to the public, FDR couched the war against the Axis as nothing less than a fight to "build a world founded upon four essential freedoms." In the face...
...notion, hosting parades to launch the start of the first wave of Christmas advertisements, chief among them, the Macy's Thanksgiving Day Parade, running in New York City since 1924. The holiday spree became so important to retailers that during the Great Depression, they appealed to President Franklin D. Roosevelt in 1939 to move Thanksgiving up in order to stretch out the holiday shopping season. Roosevelt obliged, moving Thanksgiving one week earlier, but didn't announce the change until October. As a result, Americans had two Thanksgivings that year - Roosevelt's, derisively dubbed "Franksgiving," and the original. Because the switchover...
...celebration on Wed., Nov. 11, President Drew Gilpin Faust embarrassed herself and the university. At this ceremony a new plaque in the memorial chapel was unveiled that honors Harvard’s 12 Medal of Honor recipients. There were representatives from the families of all 12 recipients, including Susan Roosevelt Weld, the great-granddaughter and granddaughter of Medal of Honor recipients President Theodore Roosevelt (Class of 1880) and his son, Gen. Theodore Roosevelt II (Class...
Still, President Franklin Roosevelt - who rode into office on a platform of deficit reduction - initially hedged his bets, taking stabs at public-works projects and farm subsidies while also rolling out balanced-budget initiatives. When a British economist visited the White House in 1934 saying deficit spending was the best engine to boost consumer demand and create jobs, Roosevelt balked. (Two years later, the economist - John Maynard Keynes - published that advice in his seminal work, The General Theory of Employment, Interest and Money, which revolutionized economic thought by debunking the widely held belief that the market naturally tends toward full...
...struggling to make a dent in crippling unemployment, Roosevelt had come around to Keynes' advice. It worked: massive New Deal and World War II outlays pushed unemployment down from nearly...