Word: roosevelts
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Dates: during 1960-1969
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...This is pure geometry," Breuer said, but he also saw some symbolism in the great stone darts, whose heights, he said, could stand for Roosevelt's concepts: "Their contours descend to meet the earth, much as the President's concepts reached out to the people for understanding, acceptance, and to become an integral part of the nation's thinking." But Breuer also sees the memorial, whose design F.D.R. Jr. finds "brilliant," as "very much a part of the land itself - a place in which to relax, to stroll, to sit around, to contemplate." It will cost from...
...Precipice. August saw the worst banking squeeze since Franklin Roosevelt's bank holiday of 1933. Though the supply of available money had fallen about $2 billion from the end of June to the end of July, a record high $3.7 billion in new issues of bonds and stocks hit the money market in August. Meanwhile, the U.S. Treasury was corning to the banks for billions more to finance the budget deficit. Under longstanding moral and legal commitments that they could not ignore, the banks were also shelling out corporate loans faster than they were taking in deposits...
Raymond Moley's star faded more than a generation ago, after briefly generating power and light for the U.S. President he served. He and Franklin Roosevelt made a curious, and before long incompatible, pair: the brilliant Columbia University professor on whose counsel F.D.R. placed the highest value at first, and the headstrong political pragmatist who eventually came to count few men's counsel above his own. For Moley, disillusion set in soon. He left Washington in September 1933, after only six months as presidential assistant, emissary and speech collaborator. In this book, he builds a private monument over...
...Moley's reckoning, the death occurred in 1935, as the President set course for reelection. During his first years in office, Roosevelt had performed a remarkable patch job on a sick economy. But the closing of the banks, the departure of the gold standard, the proliferation of alphabetical emollient agencies - the AAA, the CCC, the SEC, the WPA, the NRA - had done more than restore public confidence. In Roosevelt's mind, Moley says, the relative success of these measures supported the conviction that he was a political messiah, the only man who could conduct the country...
...concluded," Moley writes, "that Roosevelt was determined to ask for a vote of confidence - not for something that he proposed to do in the future, but for himself." The New Deal's new direction appalled Moley. "Roosevelt substantially reversed the policies of the Democratic Party. The old Democratic affirmation of the constitutional integrity of state and local authority was abandoned. The Federal Government intervened, first slowly but later massively in areas hitherto reserved to the states and the communities. I could not remain a Democrat when the nature and objectives of that party had so completely departed from...