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Poster for FDR Buys First Baby Bond (1935)

FDR Buys First Baby Bond (1935)

1935 · Newsreel · 1 min

Synopsis

Washington, DC: The President launches the Government's new 'Bargain Sale' by purchasing $25 certificates of the new issue from Postmaster General Farley whil Secretary of the Treasury Morgenthau looks on." (partial newsreel)

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Details

Running time
1 minutes

Reviews on the Internet Archive

★★★ · President Pays in Cash, Treasurer Makes Correct Change · Christine Hennig · 2006-08-04

Brief, mildly amusing newsreel story from 1935 in which President Roosevelt buys the first six small denomination government bonds, one for each of his grandchildren, and one for himself. He pays cash for them and we get to see that he carries hundred-dollar bills in his pocket. A mildly silly blip from the 30s. Ratings: Camp/Humor Value: ***. Weirdness: ***. Historical Interest: ****. Overall Rating: ***.