THE PRESIDENCY: Roosevelt Week: Jul. 31, 1933

President Roosevelt had a mild stomach ache last week when the stockmarket took its first bad tumble of the New Deal. His ailment was not due to the sudden shriveling of security values but to an excess of cherries and bottled "pop" which he had consumed during a visit to Maryland's Eastern Shore. His indisposition started crazy rumors around brokers' offices that he was gravely ill, that he had suffered a stroke of paralysis, that he was already dead and laid out (see p. 45). "Look at me!" he grinned to newsmen when...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!