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On radio, he was able to quell rumors and explain his policies. 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.

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Historian Betty Houchin Winfield says, "He and his advisers worried that newspapers' biases would affect the news columns and rightly so." As President, Roosevelt began making the informal addresses on March 12, 1933, eight days after his inauguration.

He had spent his first week coping with a month-long epidemic of bank closings that was ruining families nationwide.

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