In 1932, Franklin Roosevelt was elected president. He used all the power of the government to combat the Great Depression. President Roosevelt promised The New Deal, legislation. Although it did not solve the Great Depression, the new deal certianly provided immediate relief to an economic recovery. As president Roosevelt stressed and hoped by promising to balance the budget, and promised federal relief. The first think President Roosevelt did as president was to declare a national Bank Holiday. The requirement of federal inspection, before each bank could open, this assured everyone the banks were safe to reopen. The President Roosevelt announced on the redid that the banks were safe to reopen. The next day in Atlanta, deposit out nuked
