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In 1933 FDR closed all banks until further notice and then allowed only the successful banks to reopen in order to avoid another crisis. This was started in order to get rid of banks that may cause another crisis. One problem was that people did not know when they would be able to get their money

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For half a century beginning in 1879, Americans could trade in $20.67 for an ounce of gold. The country effectively abandoned the gold standard in 1933, and completely severed the link between the dollar and gold. Some people who favored gold upset.

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It was a New Deal agency in the United States that focused on providing work and education for Americans between the ages of 16 and 25. It was put in place to improve the education of America's youth. One problem was that it costed the government a lot of money to educate them.
Learn More: http://www.encyclopedia.com/history/united-states-and-canada/us-history/national-youth-administration

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In 1938 it established minimum wage, overtime pay, record-keeping, and child labor standards affecting full-time and part-time workers in the private sector and in Federal, State, and local governments. It was put in place to improve the standards of laborers. One problem was that CEOs thought they should be able to bargain their own pay.
Learn More: http://www.u-s-history.com/pages/h1701.html

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FDR used the radio to communicate with Americans and reassure their strength and courage through Fireside Chats. He was able to explain things he was doing so that Americans were always informed.

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The country is in trouble and this passage is about love and how it makes everything better when it says "Love never fails". He is saying if we love each other we can get through it.

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March 4, 1933