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1932 › Franklin D. Roosevelt (Democratic) › Overall role and scale of the federal government

An "economic declaration of rights" — the right to make a living and the right to safe savings

pledge_forwarddirectional_stancecandidate_directevidence A Economy & Fiscal PolicyExecutive PowerRelief, Welfare & Social Insurance⚡ The Great Depression similar solutions · similar reasoning

Solution

Government to assist the development of "an economic constitutional order" under which every man has a right to a comfortable living through his own work and a right to the safety of his savings, restricting "the speculator, the manipulator, even the financier" where necessary. The era of expansion is over; the task is "enlightened administration" of existing plant, adjusting production to consumption and distributing wealth more equitably.

Rationale

The frontier is closed, industry is overbuilt and 600 corporations control two-thirds of it; equality of opportunity "no longer exists"; private economic power is "a public trust"; without a redefinition of rights "a rising tide of misery ... engulf us all."

Statements (5)

1932-09-23 · Commonwealth Club, San Francisco · generalcandidate_directto civic and business leaders ✓ verified
As I see it, the task of Government in its relation to business is to assist the development of an economic declaration of rights, an economic constitutional order.
1932-09-23 · Commonwealth Club, San Francisco · generalcandidate_direct ✓ verified
Every man has a right to life; and this means that he has also a right to make a comfortable living. He may by sloth or crime decline to exercise that right; but it may not be denied him.
1932-09-23 · Commonwealth Club, San Francisco · generalcandidate_direct ✓ verified
Every man has a right to his own property; which means a right to be assured, to the fullest extent attainable, in the safety of his savings.
1932-09-23 · Commonwealth Club, San Francisco · generalcandidate_direct ✓ verified
The day of enlightened administration has come.
1932-10-21 · Campaign address on the eight credit groups, St. Louis · generalcandidate_direct ✓ verified
So far as possible, industry should be organized so that it will give every workman the right to earn a living through his own effort. Such influence as the Federal Government may exert should be directed to this end.

Follow-through

keptcontested among sources

Social Security (1935), the Wagner Act, federal relief and securities regulation gave institutional form to the 'right to make a comfortable living' and the 'right to safe savings'; the second inaugural's 'one-third of a nation' restated the unfinished part.

Mechanisms

DateTypeNameEffectConsistent?Source
1935-07-05statuteNational Labor Relations ActyesStatement on Signing the National Labor Relations Act.
1935-08-14statuteSocial Security ActyesStatement on Signing the Social Security Act.

Assessments

kept William E. Leuchtenburg — Franklin D. Roosevelt: Domestic Affairs | Miller Center

A welfare state was committed to in 1935.

Taken together, these programs represented a significant commitment to developing a welfare state in the United States.

Reception (2)

historiographyaccuratesalience medium William E. Leuchtenburg, Miller Center 1932-09-23

The Commonwealth Club speech is read in retrospect as the outline of the New Deal's expansive federal role.

In a speech in San Francisco, FDR outlined the expansive role that the federal government should play in resuscitating the economy, in easing the burden of the suffering, and in insuring that all Americans had an opportunity to lead successful and rewarding lives.
oppositiondistortedsalience high Herbert Hoover, Madison Square Garden 1932-10-31

The Commonwealth Club thesis that the industrial plant is built means Roosevelt believes America's advance has ended — 'the philosophy of stagnation and of despair.'

This philosophy upon which the Governor of New York proposes to conduct the Presidency of the United States is the philosophy of stagnation and of despair. It is the end of hope.

Other positions on this issue

1932-fdr-economic-constitutional-order · created by claude-fable-5-1 · review: unreviewed