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this is a day of national competition and I am certain that on this day my fellow Americans expect that on my induction into the presidency I will address them with a candor and a decision with the present situation of our people impel success at all let me assert my firm belief that the only thing we have to fear is fear itself nameless unreasoning unjustified terror which paralyzes needed efforts to convert retreat into advance we face our common difficulties they concern thank God only material things the Willard leave our industrial enterprise lie on every side farmers find no market for their produce and the savings of many years in thousands of families are gone more important a host of unemployed citizens face the grim problem of existence and an equally this number bottled with little return only a foolish optimism can deny the dark realities of the moment and yes we are splittin by no plague of locusts compared with the perils with our forefathers Concord we have so much to do
