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Brent Spence
Brent Spence (December 24, 1874 – September 18, 1967), a native of Newport, Kentucky, was a long time Democratic Congressman, attorney, and banker from Northern Kentucky. Spence was born in Newport, Kentucky to Philip and Virginia (Berry) Spence. He was graduated from the University of Cincinnati in 1894 with a degree in law and was admitted to the bar that same year. He married Ida Bitterman on September 6, 1919. He was very active in local and state politics, serving first in the Kentucky Senate, 1904–1908, then as city solicitor of Newport, 1916-1924. In 1930 he was elected to the U.S. House of Representatives from the 5th District; he held this position from March 4, 1931 until January 3, 1963 when most of his district was merged with the neighboring 4th District of fellow Democrat Frank Chelf. He lost the ensuring primary to Chelf. At the time of his retirement, Spence was one of the oldest members to serve in the House; he was 88 years old at the end of his career ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kentucky
Kentucky ( , ), officially the Commonwealth of Kentucky, is a state in the Southeastern region of the United States and one of the states of the Upper South. It borders Illinois, Indiana, and Ohio to the north; West Virginia and Virginia to the east; Tennessee to the south; and Missouri to the west. Its northern border is defined by the Ohio River. Its capital is Frankfort, and its two largest cities are Louisville and Lexington. Its population was approximately 4.5 million in 2020. Kentucky was admitted into the Union as the 15th state on June 1, 1792, splitting from Virginia in the process. It is known as the "Bluegrass State", a nickname based on Kentucky bluegrass, a species of green grass found in many of its pastures, which has supported the thoroughbred horse industry in the center of the state. Historically, it was known for excellent farming conditions for this reason and the development of large tobacco plantations akin to those in Virginia and North Carolina i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Party (United States)
The Democratic Party is one of the two major contemporary political parties in the United States. Founded in 1828, it was predominantly built by Martin Van Buren, who assembled a wide cadre of politicians in every state behind war hero Andrew Jackson, making it the world's oldest active political party.M. Philip Lucas, "Martin Van Buren as Party Leader and at Andrew Jackson's Right Hand." in ''A Companion to the Antebellum Presidents 1837–1861'' (2014): 107–129."The Democratic Party, founded in 1828, is the world's oldest political party" states Its main political rival has been the Republican Party since the 1850s. The party is a big tent, and though it is often described as liberal, it is less ideologically uniform than the Republican Party (with major individuals within it frequently holding widely different political views) due to the broader list of unique voting blocs that compose it. The historical predecessor of the Democratic Party is considered to be th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agricultural Adjustment Act
The Agricultural Adjustment Act (AAA) was a United States federal law of the New Deal era designed to boost agricultural prices by reducing surpluses. The government bought livestock for slaughter and paid farmers subsidies not to plant on part of their land. The money for these subsidies was generated through an exclusive tax on companies which processed farm products. The Act created a new agency, the Agricultural Adjustment Administration, also called "AAA" (1933-1942), an agency of the U.S. Department of Agriculture, to oversee the distribution of the subsidies.Hurt, R. Douglas, ''Problems of Plenty: The American Farmer in the Twentieth Century'', (Chicago: Ivan R. Dee, 2002), 69. The Agriculture Marketing Act, which established the Federal Farm Board in 1929, was seen as an important precursor to this act. The AAA, along with other New Deal programs, represented the federal government's first substantial effort to address economic welfare in the United States. Background W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franklin D
Franklin may refer to: People * Franklin (given name) * Franklin (surname) * Franklin (class), a member of a historical English social class Places Australia * Franklin, Tasmania, a township * Division of Franklin, federal electoral division in Tasmania * Division of Franklin (state), state electoral division in Tasmania * Franklin, Australian Capital Territory, a suburb in the Canberra district of Gungahlin * Franklin River, river of Tasmania * Franklin Sound, waterway of Tasmania Canada * District of Franklin, a former district of the Northwest Territories * Franklin, Quebec, a municipality in the Montérégie region * Rural Municipality of Franklin, Manitoba * Franklin, Manitoba, an unincorporated community in the Rural Municipality of Rosedale, Manitoba * Franklin Glacier Complex, a volcano in southwestern British Columbia * Franklin Range, a mountain range on Vancouver Island, British Columbia * Franklin River (Vancouver Island), British Columbia * Franklin Strai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fair Deal
The Fair Deal was a set of proposals put forward by U.S. President Harry S. Truman to Congress in 1945 and in his January 1949 State of the Union address. More generally. the term characterizes the entire domestic agenda of the Truman administration, from 1945 to 1953. It offered new proposals to continue New Deal liberalism, but with a conservative coalition controlling Congress, only a few of its major initiatives became law and then only if they had considerable GOP support. As Richard Neustadt concludes, the most important proposals were aid to education, national health insurance, the Fair Employment Practices Commission, and repeal of the Taft–Hartley Act. They were all debated at length, then voted down. Nevertheless, enough smaller and less controversial items passed that liberals could claim some success. Philosophy A liberal Democrat of the Midwestern populist tradition, Truman was determined to both continue the legacy of the New Deal and to make Franklin Roosevelt' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Deal
The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939. Major federal programs agencies included the Civilian Conservation Corps (CCC), the Works Progress Administration (WPA), the Civil Works Administration (CWA), the Farm Security Administration (FSA), the National Industrial Recovery Act of 1933 (NIRA) and the Social Security Administration (SSA). They provided support for farmers, the unemployed, youth, and the elderly. The New Deal included new constraints and safeguards on the banking industry and efforts to re-inflate the economy after prices had fallen sharply. New Deal programs included both laws passed by Congress as well as presidential executive orders during the first term of the presidency of Franklin D. Roosevelt. The programs focused on what historians refer to as the "3 R's": relief for the unemployed and for the poor, recovery of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bretton Woods Conference
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton Woods, New Hampshire, United States, to regulate the international monetary and financial order after the conclusion of World War II. The conference was held from July 1 to 22, 1944. Agreements were signed that, after legislative ratification by member governments, established the International Bank for Reconstruction and Development (IBRD, later part of the World Bank group) and the International Monetary Fund (IMF). This led to what was called the Bretton Woods system for international commercial and financial relations. Background Multilateral economic cooperation among countries was crucial for the post-war world economies. Countries sought to establish an international monetary and financial system that fostered collaboration and growth among the participat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frank Chelf
Frank Leslie Chelf (September 22, 1907 – September 1, 1982) was a United States representative from Kentucky. He was born on a farm near Elizabethtown, Kentucky. He graduated from Masonic Home High School and lived at the Masonic Widows and Orphans Home (now Masonic Homes of Kentucky) in Louisville, KY. He attended the public schools as well as Centre College at Danville, Kentucky and St. Mary's College. He graduated from Cumberland School of Law at Cumberland University, Lebanon, Tennessee in 1931 and was admitted to the bar in 1931 and commenced practice in Lebanon, Kentucky. He served as an attorney of Marion County, Kentucky 1933–1944. Chelf took leave of absence from his official duties on August 1, 1942, to volunteer in the United States Army and was commissioned a first lieutenant in the Air Corps and saw active service in World War II. He served as chief code designator, Intelligence Division, Air Transport Command, and later as executive officer, Plans and Liaison Div ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kentucky's 4th Congressional District
Kentucky's 4th congressional district is a congressional district in the U.S. state of Kentucky. Located in the northeastern portion of the state, it is a long district that follows the Ohio River. However, the district is dominated by its far western portion, comprising the eastern suburbs of Louisville and Northern Kentucky, the Kentucky side of the Cincinnati area. The majority of voters live in the booming suburban Cincinnati counties of Boone, Kenton, and Campbell, which includes such suburbs as Fort Mitchell, Covington, Florence, Newport, and Fort Thomas. The next-largest population center is the eastern suburbs of Louisville (including a small portion of Louisville itself). It also serves the far western suburbs of Lexington. The district is currently represented by Republican Thomas Massie, who was elected in a special election in 2012 to succeed Republican Geoff Davis, who resigned on July 31, 2012, citing family concerns. Characteristics The 4th was one of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northern Kentucky
Northern Kentucky is the third-largest metropolitan area in the U.S. Commonwealth of Kentucky after Louisville and Lexington, and its cities and towns serve as the de facto "south side" communities of Cincinnati, Ohio. The three main counties of this metro area are Boone, Kenton, and Campbell Counties along the Ohio River (shown in red on the map), with other counties also included. The label "Northern Kentucky" (abbreviated NKY) is used to demonstrate the common identity shared across county and city lines by the residents of these northern counties. Arguably, the label seeks to reverse the divisions that occurred to Campbell County, which, in 1794, included the land of Boone, Kenton, Pendleton Counties, and most of Bracken and Grant Counties. The urban and suburban areas of the northern counties are densely populated. Indeed, of Greater Cincinnati's over two million residents, 450,994 of them live in Northern Kentucky (as of 2019), with the three most northern counties cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banker
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
