Finally, I repeat what I have said on many occasions, that ever since last March the definite policy of the Government has been to restore commodity price levels. And this year, in 1941, the Axis Powers attacked Yugoslavia and Greece and they dominated the Balkans—without warning. Remember always that Germany and Italy, regardless of any formal declaration of war, consider themselves at war with the United States at this moment just as much as they consider themselves at war with Britain or Russia. It is three months since I have talked with the people of this country about our national problems; but during this period many things have happened, and I am glad to say that the major part of them have greatly helped the well-being of the average citizens. In my Message to the Congress yesterday I said that we "will make very certain that this form of treachery shall never endanger us again." In these past few years—and, most violently, in the past three days—we have learned a terrible lesson. Fireside chat transcript – 18 November 2020 Page 1 of 11 COCA–COLA HBC - PARTICIPANTS Zoran Bogdanovic, Chief Executive Officer Michalis Imellos, Chief Financial Officer JEFFERIES - PARTICIPANT Ed Mundy, Analyst Ed Mundy, Analyst, Jefferies LLC Good morning. The fact is that the country now has an organization in Washington built around men and women who are recognized experts in their own fields. These ugly little hints of complete disaster fly thick and fast in wartime. Roosevelt spoke with familiarity to millions of Americans about the promulgation of the Emergency Banking Act in response to the banking crisis, the recession, New Deal initiatives, and the course of World War II. Two other great agencies are in full swing. A steady stream of tanks and planes, of guns and ships and shells and equipment—that is what these eighteen months have given us. It has been gradually to restore a balance in the price structure so that farmers may exchange their products for the products of industry on a fairer exchange basis. The sudden criminal attacks perpetrated by the Japanese in the Pacific provide the climax of a decade of international immorality. In the vast majority of cases, in the vast majority of localities -- the N.R.A. We Americans are not destroyers—we are builders. The president has repeatedly claimed that the rough transcript of the call exonerates him. We may take one year or two years or three years. As an example, I can tell you frankly that until further surveys are made, I have not sufficient information to state the exact damage which has been done to our naval vessels at Pearl Harbor. I do not think any American has any doubt of our ability to administer proper punishment to the perpetrators of these crimes. Jay Ludlam, Associate Medicaid Director … White House. Our dollar is now altogether too greatly influenced by the accidents of international trade, by the internal policies of other nations and by political disturbance in other continents. It must reinforce the other armies and navies and air forces fighting the Nazis and the war lords of Japan throughout the Americas and throughout the world. She was promised by Germany that if she came in she would receive the complete and perpetual control of the whole of the Pacific area—and that means not only the Ear East, but also all of the Islands in the Pacific, and also a stranglehold on the west coast of North, Central and South America. Immediately after his electio… … And what we have learned is this: Now a word about the recent past and the future. We know that there are chiselers. I can only give them my solemn promise that they will get news just as quickly as possible. 5:30-6:30 pm . To guess at a permanent gold valuation now would certainly require later changes caused by later facts. But Government credit will be maintained and a sound currency will accompany a rise in the American commodity price level. My name is Ed Mundy. It is three months since I have talked with the people of this country about our national problems; but during this period many things have happened, and I am glad to say that the major part of them have greatly helped the well-being of the average citizens. They want a permanent revaluation of the dollar first. In the same way, no reasonable person can expect that in this short space of time, during which new machinery had to be not only put to work, but first set up, that every locality in every one of the 48 states of the country could share equally and simultaneously in the trend to better times. In 1940, Hitler invaded Norway, Denmark, the Netherlands, Belgium and Luxembourg—without warning. The production must be not only for our own Army and Navy and air forces. This Government will put its trust in the stamina of the American people, and will give the facts to the public just as soon as two conditions have been fulfilled: first, that the information has been definitely and officially confirmed; and, second, that the release of the information at the time it is received will not prove valuable to the enemy directly or indirectly. Your Government has decided on two broad policies. Rather it is a privilege. I am sure they will cheerfully give up those material things that they are asked to give up. It is not to be used merely to offset a temporary fall in prices. It is the Government's policy to restore the price level first. The casualty lists of these first few days will undoubtedly be large. It is actual collaboration so well calculated that all the continents of the world, and all the oceans, are now considered by the Axis strategists as one gigantic battlefield. When we have restored the price level, we shall seek to establish and maintain a dollar which will not change its purchasing and debt paying power during the succeeding generation. There are two simple facts. It has been to make possible the payment of public and private debts more nearly at the price level at which they were incurred. All of them are praying for us. So we are going to win the war and we are going to win the peace that follows. It is our obligation to our dead—it is our sacred obligation to their children and to our children—that we must never forget what we have learned. We must realize for example that Japanese successes against the United States in the Pacific are helpful to German operations in Libya; that any German success against the Caucasus is inevitably an assistance to Japan in her operations against the Dutch East Indies; that a German attack against Algiers or Morocco opens the way to a German attack against South America and the Canal. Every single man, woman and child is a partner in the most tremendous undertaking of our American history. I think the country knows that the people who are actually responsible in each and every one of these many fields are pulling together with a teamwork that has never before been excelled. I have told you tonight the story of our steady but sure work in building our common recovery. First Fireside Chat. And I am sure that the people in every part of the nation are prepared in their individual living to win this war. It has eliminated the sweat shop. Full text and audio mp3 of Franklin Delano Roosevelt speech - First Fireside Chat American Rhetoric: Franklin Delano Roosevelt - First Fireside Chat ("The Banking Crisis") F ranklin D elano R oosevelt This is particularly true where naval operations are concerned. CABRERA: President Trump saying he might take a page from one of his predecessors, Franklin Delano Roosevelt, and hold a televised fireside chat to read the transcript of his phone call with Ukraine's president to the American people on live television. Put in another way, they will receive $400 in 1933, where they received $300 the year before. The one I read was called fireside chat I think? It was pretty messed up, and I want to read more, and try to understand their thought processes. At the bottom of every case of criticism and obstruction we have found some selfish interest, some private axe to grind. Later in '39, Hitler invaded Poland—without warning. September 7, 1942: Fireside Chat 22: On Inflation and Food Prices audio icon transcript icon October 12, 1942: Fireside Chat 23: On the Home Front audio icon transcript icon January 7, 1943: State of the Union Address audio icon transcript icon In my promises to you both before and after March 4th, I made two things plain: First, that I pledged no miracles and, second, that I would do my best. It is not a sacrifice for any man, old or young, to be in the Army or the Navy of the United States. I said that in my message to the American delegation in London last July. In spite, however, of the speculative reaction from the speculative advance, it seems to be well established that during the course of the year 1933 the farmers of the United States will receive 33 percent more dollars for what they have produced than they received in the year 1932. It seems, therefore, fair to say that there were about 10 millions of our citizens who earnestly, and in many cases hungrily, were seeking work and could not get it. But there will be a clear and definite shortage of metals for many kinds of civilian use, for the very good reason that in our increased program we shall need for war purposes more than half of that portion of the principal metals which during the past year have gone into articles for civilian use. Roosevelt stated in his first inaugural address that "we have nothing to fear but fear itself." The lives of our soldiers and sailors—the whole future of this nation—depend upon the manner in which each and every one of us fulfills his obligation to our country. On the other side of the picture, we must learn also to know that guerilla warfare against the Germans in, let us say Serbia or Norway, helps us; that a successful Russian offensive against the Germans helps us; and that British successes on land or sea in any part of the world strengthen our hands. When we resort to force, as now we must, we are determined that this force shall be directed toward ultimate good as well as against immediate evil. It has been and is also the purpose to prevent prices from rising beyond the point necessary to attain these ends. At this point it is only fair that I should give credit to the sixty or seventy million people who live in the cities and larger towns of the Nation for their understanding and their willingness to go along with the payment of even these small processing taxes, though they know full well that the proportion of the processing taxes on cotton goods and on food products paid for by city dwellers goes one hundred per cent towards increasing the agricultural income of the farm dwellers of the land. We have a long way to go but we are on the way. Their challenge has now been flung at the United States of America. And I am sure that they will retain all those great spiritual things without which we cannot win through. Therefore the United States must take firmly in its own hands the control of the gold value of our dollar. December 3, 2020 . I have been working today on the subject of production. We expect to eliminate the danger from Japan, but it would serve us ill if we accomplished that and found that the rest of the world was dominated by Hitler and Mussolini. Every citizen, in every walk of life, shares this same responsibility. Many rumors and reports which we now hear originate, of course, with enemy sources. In 1931, ten years ago, Japan invaded Manchukuo—without warning. In the tape, Karla is dressed up in Tammy’s clothing, acts like her, and admits to Bernardo that she enjoyed the rape. So, too, we have, as you know, expended greater sums in cooperation with states and localities for work relief and home relief than ever before -- sums which during the coming winter cannot be lessened for the very simple reason that though several million people have gone back to work, the necessities of those who have not yet obtained work is more severe than at this time last year. Today, it has become far more than a parallel. Ninety percent of complaints come from misconception. President Donald Trump has said that he wants to deliver a 'fireside chat' on national television and read a transcript of his controversial call with the Ukrainian president. It will not only be a long war, it will be a hard war. Knowing that the attack might reach us in all too short a time, we immediately began greatly to increase our industrial strength and our capacity to meet the demands of modern warfare. It is not a sacrifice to do without many things to which we are accustomed if the national defense calls for doing without it. First, the Federal Government is about to spend one billion dollars as an immediate loan on the frozen or non-liquid assets of all banks closed since January 1, 1933, giving a liberal appraisal to those assets. The whole picture, however -- the average of the whole territory from coast to coast -- the average of the whole population of 120,000,000 people -- shows to any person willing to look, facts and action of which you and I can be proud. In 1935, Italy invaded Ethiopia—without warning. Standing beside the pillar of the farm -- the A.A.A. And I say it now once more. Our policy rested on the fundamental truth that the defense of any country resisting Hitler or Japan was in the long run the defense of our own country. Of these, in the short space of a few months, I am convinced that at least 4 millions have been given employment -- or, saying it another way, 40 percent of those seeking work have found it. Your Government knows that for weeks Germany has been telling Japan that if Japan did not attack the United States, Japan would not share in dividing the spoils with Germany when peace came. Rather it is a privilege. Fireside Chat on Banking March 12, 1933 I want to talk for a few minutes with the people of the United States about banking—with the comparatively few who understand the mechanics of banking but more particularly with the overwhelming majority who use banks …
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