The crowd roared. Cowbells clanged, and horns blared. It was October 31, and Franklin Delano Roosevelt had taken the podium before a capacity crowd at Madison Square Garden in New York City. Angered by Republicans’ recent attacks on what he considered his finest work—Social Security—and unrestrained by his advisers, who were absent that evening, Roosevelt was about to deliver one of his most fiery and unforgettable speeches, the last of his reelection campaign.
The din of the ovation lasted nearly fifteen minutes before the President requested silence with raised arms and then began to speak. His were “the old enemies of peace,” he said: “business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism and war profiteering.” The audience interrupted him to voice its deafening approval. “Government by organized money is just as dangerous as Government by organized mob.” Again the crowd roared. “Never before in all our history have these forces been so united against one candidate as they stand today,” Roosevelt said. “They are unanimous in their hate for me—and I welcome their hatred.”