Economy
In reply to the discussion: Weekend Economists Waiting for FDR July 13-15, 2012 [View all]Demeter
(85,373 posts)One of the oldest families in New York State, the Roosevelts distinguished themselves in areas other than politics. One ancestor, Isaac Roosevelt, had served with the New York militia during the American Revolution. Roosevelt attended events of the New York society Sons of the American Revolution, and joined the organization while he was president. While his paternal family had become prosperous early on in New York real estate and trade, much of his family's wealth had been built by FDR's maternal grandfather, Warren Delano, in the China trade, including opium and tea. His mother named him after her favorite uncle Franklin Delano.
Roosevelt was born on January 30, 1882, in the Hudson Valley town of Hyde Park, New York. His father, James Roosevelt, and his mother, Sara Ann Delano, were sixth cousins and both were from wealthy old New York families. They were of mostly English descent; Roosevelt's great-grandfather, James Roosevelt, was of Dutch ancestry, and his mother's maiden name, Delano, originated with a French Huguenot immigrant of the 17th century. Franklin was their only child.
Roosevelt grew up in an atmosphere of privilege. Sara was a possessive mother; James, 54 when Franklin was born, was considered by some as a remote father, though biographer Burns indicates James interacted with his son more than was typical at the time. Sara was the dominant influence in Franklin's early years;[9] she once declared "My son Franklin is a Delano, not a Roosevelt at all." Frequent trips to Europe made Roosevelt conversant in German and French. He learned to ride, shoot, row, and play polo and lawn tennis. Roosevelt also took up golf in his teen years, becoming a skilled long hitter. He learned to sail; his father gave him a sailboat which he named "New Moon".
Roosevelt attended Groton School, an Episcopal boarding school in Massachusetts; ninety percent of the students were from families on the social register. He was heavily influenced by its headmaster, Endicott Peabody, who preached the duty of Christians to help the less fortunate and urged his students to enter public service. Forty years later Roosevelt said of Peabody, "It was a blessing in my life to have the privilege of his guiding hand."