How we cite our quotes: (Sentence number)
Quote #4
Please let me make it clear to you that if your bank does not open the first day you are by no means justified in believing that it will not open. (38)
Besides the fear of money losing its value, there was the very real fear that banks would simply not be open again. Imagine putting your hard-earned (and now hard to earn) money in the bank for safe-keeping, and then a week later seeing that that bank is permanently closed.
You'd probably panic.
FDR's simple, clear words are meant to reassure people that yes, the banks will open, even if there's a few days of lag time.
Quote #5
It needs no prophet to tell you that when the people find that they can get their money […] the phantom of fear will soon be laid. (46)
Check out the great choice of words here with "phantom of fear." A phantom is a ghost, (spooky!) but is also something that can't touch you or be touched. It's ephemeral.
President Roosevelt is talking to his people in the same way that a father might reassure a child who's scared of monsters under the bed. Once people realize their money exists and is safe, then they'll stop heeding the fear that everything is gone.