USHERING IN A NEW ERA

As the dust settled, President Hoover accepted all blame for the Army's actions. Calmness and sense of purpose began to return. For Hoover, the damage to his administration was irreparable.

With 1932 being an election year, Hoover faced a new adversary from the Democratic Party, Franklin Delano Roosevelt. FDR seized on many of the mistakes of the Hoover administration, including the timeliness of the Bonus Army Riot. He felt the Federal Government needed to be more involved in helping the country climb out of the Depression. If elected, he pledged "...a new deal for the American people."

In 1933, upon taking an oath as President, FDR said to the more than 15 million people out of work, "The only thing we have to fear is fear itself."