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Christopher Memminger
Christopher Gustavus Memminger (german: link=no, Christoph Gustav Memminger, translit=Christopher Gustavus Memminger; January 9, 1803 – March 7, 1888) was a German-born American politician and a secessionist who participated in the formation of the Confederate States government. He was the principal author of the Provisional Constitution (1861) as well as the founder of the Confederate financial system. As the first Confederate States Secretary of the Treasury, Memminger was the main author of the economic policies of Jefferson Davis's administration. Early life and career Christopher Gustavus Memminger was born on January 9, 1803, in Vaihingen, Wuerttemberg (present-day Stuttgart-Vaihingen, Germany). His father, Gottfried Memminger, was a military officer who died a month after his son's birth. His mother, Eberhardina (née Kohler) Memminger, immigrated to Charleston, South Carolina, but died of yellow fever in 1807. Christopher was placed in an orphanage. His fort ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jefferson Davis
Jefferson F. Davis (June 3, 1808December 6, 1889) was an American politician who served as the president of the Confederate States from 1861 to 1865. He represented Mississippi in the United States Senate and the House of Representatives as a member of the Democratic Party before the American Civil War. He had previously served as the United States Secretary of War from 1853 to 1857 under President Franklin Pierce. Davis, the youngest of ten children, was born in Fairview, Kentucky. He grew up in Wilkinson County, Mississippi, and also lived in Louisiana. His eldest brother Joseph Emory Davis secured the younger Davis's appointment to the United States Military Academy. After graduating, Jefferson Davis served six years as a lieutenant in the United States Army. He fought in the Mexican–American War (1846–1848) as the colonel of a volunteer regiment. Before the American Civil War, he operated in Mississippi a large cotton plantation which his brother Joseph had given ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Bennett, Jr
Thomas may refer to: People * List of people with given name Thomas * Thomas (name) * Thomas (surname) * Saint Thomas (other) * Thomas Aquinas (1225–1274) Italian Dominican friar, philosopher, and Doctor of the Church * Thomas the Apostle * Thomas (bishop of the East Angles) (fl. 640s–650s), medieval Bishop of the East Angles * Thomas (Archdeacon of Barnstaple) (fl. 1203), Archdeacon of Barnstaple * Thomas, Count of Perche (1195–1217), Count of Perche * Thomas (bishop of Finland) (1248), first known Bishop of Finland * Thomas, Earl of Mar (1330–1377), 14th-century Earl, Aberdeen, Scotland Geography Places in the United States * Thomas, Illinois * Thomas, Indiana * Thomas, Oklahoma * Thomas, Oregon * Thomas, South Dakota * Thomas, Virginia * Thomas, Washington * Thomas, West Virginia * Thomas County (other) * Thomas Township (other) Elsewhere * Thomas Glacier (Greenland) Arts, entertainment, and media * ''Thomas'' (Burton novel) 1969 nove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hard Currency
In macroeconomics, hard currency, safe-haven currency, or strong currency is any globally traded currency that serves as a reliable and stable store of value. Factors contributing to a currency's ''hard'' status might include the stability and reliability of the respective state's legal and bureaucratic institutions, level of corruption, long-term stability of its purchasing power, the associated country's political and fiscal condition and outlook, and the policy posture of the issuing central bank. Safe haven currency is defined as a currency which behaves like a hedge for a reference portfolio of risky assets conditional on movements in global risk aversion. Conversely, a weak or soft currency is one which is expected to fluctuate erratically or depreciate against other currencies. Softness is typically the result of weak legal institutions and/or political or fiscal instability. History The paper currencies of some developed countries have earned recognition as hard curr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiat Money
Fiat money (from la, fiat, "let it be done") is a type of currency that is not backed by any commodity such as gold or silver. It is typically designated by the issuing government to be legal tender. Throughout history, fiat money was sometimes issued by local banks and other institutions. In modern times, fiat money is generally authorized by government regulation. Fiat money generally does not have intrinsic value and does not have use value. It has value only because the individuals who use it as a unit of account or, in the case of currency, a medium of exchange agree on its value. They trust that it will be accepted by merchants and other people. Fiat money is an alternative to commodity money, which is a currency that has intrinsic value because it contains, for example, a precious metal such as gold or silver which is embedded in the coin. Fiat also differs from representative money, which is money that has intrinsic value because it is backed by and can be converte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Taxes
An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Taxation rates may vary by type or characteristics of the taxpayer and the type of income. The tax rate may increase as taxable income increases (referred to as graduated or progressive tax rates). The tax imposed on companies is usually known as corporate tax and is commonly levied at a flat rate. Individual income is often taxed at progressive rates where the tax rate applied to each additional unit of income increases (e.g., the first $10,000 of income taxed at 0%, the next $10,000 taxed at 1%, etc.). Most jurisdictions exempt local charitable organizations from tax. Income from investments may be taxed at different (generally lower) rates than other types of income. Credits of various sorts may be allowed that reduce tax. Some jurisdicti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Orleans
New Orleans ( , ,New Orleans Merriam-Webster. ; french: La Nouvelle-Orléans , es, Nueva Orleans) is a consolidated city-parish located along the Mississippi River in the southeastern region of the of Louisiana. With a population of 383,997 according to the 2020 U.S. census, it is the [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Orleans Mint
The New Orleans Mint (french: Monnaie de La Nouvelle-Orléans) operated in New Orleans, Louisiana, as a branch mint of the United States Mint from 1838 to 1861 and from 1879 to 1909. During its years of operation, it produced over 427 million gold and silver coins of nearly every American denomination, with a total face value of over US$ 307 million. It was closed during most of the American Civil War and Reconstruction. After it was decommissioned as a mint, the building has served a variety of purposes, including as an assay office, a United States Coast Guard storage facility, and a fallout shelter. Since 1981 it has served as a branch of the Louisiana State Museum. Damaged by Hurricane Katrina in 2005, after over two years of repairs and renovations, the museum reopened in October 2007. Exhibits include instruments used by some of New Orleans' notable jazz musicians, photographs, and posters, now part of the New Orleans Jazz Museum. The site is also a performance ve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Declaration Of The Immediate Causes Which Induce And Justify The Secession Of South Carolina From The Federal Union
The South Carolina Declaration of Secession, formally known as the Declaration of the Immediate Causes Which Induce and Justify the Secession of South Carolina from the Federal Union, was a proclamation issued on December 24, 1860, by the government of South Carolina to explain its reasons for seceding from the United States. It followed the brief Ordinance of Secession that had been issued on December 20. The declaration is a product of a convention organized by the state's government in the month following the election of Abraham Lincoln as U.S. President, where it was drafted in a committee headed by Christopher Memminger. The declaration stated the primary reasoning behind South Carolina's declaring of secession from the U.S., which was described as "increasing hostility on the part of the non-slaveholding States to the Institution of Slavery". The Declaration states, in part, "A geographical line has been drawn across the Union, and all the States north of that line have un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
