"The central difficulty during my term as President was, obviously, the worldwide ""Great Depression."" Domestically it first appeared in late 1929, eight months after my inauguration, and continued in the United States not only during my term but for eight years more, until the start of the Second World War in 1941.
That fateful eleven-year period is the subject of this volume of my Memoirs. I have divided it into three major parts:
The Great Depression
The Presidential Election of 1932
As in the previous two volumes of my Memoirs, I have treated the material topically rather than chronologically, so as to present a clearer picture of the events, policies and forces in motion at the time.
I wrote the sections on the Depression and the Election of 1932, for the most part, less than three years after I left the White House. Later I clarified and condensed some parts, in particular eliminating documents which had become public. These I have indicated by references. The section on the Election of 1932 is more detailed than would be necessary but for the fact that this election was a turning point in American life —and possibly in that of the world. The section entitled The Aftermath, concerning the continuation of the Depression from Mr. Roosevelt's inauguration in 1933 until 1941, was written from 1942 to 1944. I have included here, from later dates, some quotations which bear on this period."