, Columnist
When Franklin Roosevelt Dropped a Bombshell on Gold
The global reaction in fall 1933 was calm bewilderment. Second of four excerpts from “American Default.”
Those fireside chats could be pretty incendiary.
Photographer: Stock Montage/Getty Images
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This is the second of four excerpts from “American Default: The Untold Story of FDR, the Supreme Court and the Battle Over Gold."
On Sunday, Oct. 22, 1933, President Roosevelt delivered the fourth of his fireside chats that year. He opened by summarizing his administration’s accomplishments.