Daniel McCormick (banker)
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Daniel McCormick (banker)
Daniel McCormick (1739/40 – 1834) was an Irish-born businessman who lived most of his life in New York City, where he was a founding director of the Bank of New York. He was a partner in Macomb's Purchase, in which about one-tenth of the land in the state of New York was acquired. Early life McCormick was born in Ballybeen, a town in County Down in present-day Northern Ireland, in either 1739 or 1740. He had a brother named Edward, a sea captain in the East Indian trade, who married Joanna Hamilton, possibly a distant Scottish cousin of Alexander Hamilton. McCormick arrived in the United States in 1766. During the Revolutionary War, he served as a lieutenant in a patriot militia unit, until the British occupation of New York City. As a recognized neutral during the occupation, he escaped confiscation of his property. After the occupation ended, McCormack worked for an auctioneering company named Moore, Lynsen and Company and made a fortune in the sale of prizes during the R ...
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Bank Of New York
The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007. It is the world's largest custodian bank and securities services company, with $2.4 trillion in assets under management and $46.7 trillion in assets under custody as of the second quarter of 2021. It is considered a systemically important bank by the Financial Stability Board. BNY Mellon is incorporated in Delaware. Through its Bank of New York predecessor, it is one of the three oldest banking corporations in the United States and among the oldest banks in the world, having been established in June 1784 by a group that included American Founding Fathers Alexander Hamilton and Aaron Burr. T. Mellon and Sons Bank, was founded in Pittsburgh in 1869 by Thomas Mellon and his sons Richard and Andrew, the latter of wh ...
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Henry Knox
Henry Knox (July 25, 1750 – October 25, 1806), a Founding Father of the United States, was a senior general of the Continental Army during the Revolutionary War, serving as chief of artillery in most of Washington's campaigns. Following the revolution, he oversaw the War Department under the Articles of Confederation, 1785—1789. Washington, at the start of his first administration, appointed Knox the nation's first Secretary of War, a position he held from 1789—1794. He is perhaps best remembered today as the namesake of Fort Knox in Kentucky, the repository of a large portion of the nation's gold reserves. Born and raised in Boston, Massachusetts, Knox owned and operated a bookstore there, cultivating an interest in military history and joining a local artillery company. Knox was also on the scene of the 1770 Boston Massacre. Though barely 25 when the American Revolutionary War broke out in 1775, he engineered the transport of captured artillery from New York's Fort Ti ...
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Panic Of 1792
The Panic of 1792 was a financial credit crisis that occurred during the months of March and April 1792, precipitated by the expansion of credit by the newly formed Bank of the United States as well as by rampant speculation on the part of William Duer, Alexander Macomb, and other prominent bankers. Duer, Macomb, and their colleagues attempted to drive up prices of United States (U.S) debt securities and bank stocks, but when they defaulted on loans, prices fell, causing a bank run. Simultaneous tightening of credit by the Bank of the United States served to heighten the initial panic. Secretary of the Treasury Alexander Hamilton was able to deftly manage the crisis by providing banks across the Northeast United States with hundreds of thousands of dollars to make open-market purchases of securities, which allowed the market to stabilize by May 1792. Bank of the United States and the crisis of 1791 In December 1790, Hamilton called for the creation of the Bank of the United Sta ...
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George Clinton (vice President)
George Clinton (July 26, 1739April 20, 1812) was an American soldier and statesman, considered one of the Founding Fathers of the United States. A prominent Democratic-Republican, Clinton served as the fourth vice president of the United States from 1805 until his death in 1812. He also served as the first governor of New York from 1777 to 1795 and again from 1801 to 1804. Along with John C. Calhoun, he is one of two vice presidents to hold office under two consecutive presidents. Clinton served in the French and Indian War, rising to the rank of lieutenant in the colonial militia. He began a legal practice after the war and served as a district attorney for New York City. He became Governor of New York in 1777 and remained in that office until 1795. Clinton supported the cause of independence during the American Revolutionary War and served in the Continental Army despite his gubernatorial position. During and after the war, Clinton was a major opponent—due to disputes over la ...
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Jefferson County, New York
Jefferson County is a county on the northern border of the U.S. state of New York. As of the 2020 census, the population was 116,721. Its county seat is Watertown. The county is named after Thomas Jefferson, third President of the United States of America. It is adjacent to Lake Ontario, southeast from the Canada–US border of Ontario. Jefferson County comprises the Watertown-Fort Drum, NY Metropolitan Statistical Area. In 2014, it elected Colleen M. O'Neill as the first woman county sheriff in the state. She had served with the New York State Police for 32 years. The popularity of the area as a summer tourist destination results in a dramatic increase of population during that season. The United States Army's 10th Mountain Division is based at Fort Drum. The base had a total population of nearly 13,000 according to the 2010 census. History When counties were established in the Province of New York in 1683, the present Jefferson County was part of Albany County. This was ...
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Franklin County, New York
Franklin County is a county on the northern border of the U.S. state of New York. To the north across the Canada–United States border are the Canadian provinces of Quebec and Ontario, from east to west. As of the 2020 census, the county population was 47,555. Its county seat is Malone. The county is named in honor of United States Founding Father Benjamin Franklin. Franklin County comprises the Malone, NY Micropolitan Statistical Area. Much of Franklin County is within Adirondack Park. Within the border of the county is the St. Regis Mohawk Reservation, or ''Akwesasne'' in the Mohawk language. Its population was nearly 3,300 in the 2010 census. The people are linked by community and history with the Mohawk of the Akwesasne reserve across the river, spanning the border of Quebec and Ontario. The Mohawk have had authority under the Jay Treaty to freely cross this international border. History This area was long occupied by Iroquoian-speaking peoples. In historic times, a grou ...
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Oswego County, New York
Oswego County is a county in the U.S. state of New York. As of the 2020 census, the population was 117,525. The county seat is Oswego. The county name is from a Mohawk-language word meaning "the pouring out place", referring to the point at which the Oswego River feeds into Lake Ontario at the northern edge of the county in the city of Oswego. Oswego County is part of the Syracuse, NY Metropolitan Statistical Area. History When counties were established in the British colony of New York in 1683, the present Oswego County was part of Albany County. This was an enormous county, including the northern part of what is now New York state as well as all of the present state of Vermont and, in theory, extending westward to the Pacific Ocean. This county was reduced in size on July 3, 1766, by the creation of Cumberland County in the British colony, and further on March 16, 1770, by the creation of Gloucester County, both containing territory now in Vermont. On March 12, 1772, ...
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Lewis County, New York
Lewis County is a county located in the U.S. state of New York. As of the 2020 census, the population was 26,582, making it the fourth-least populous county in New York. Its county seat is Lowville. The county is named after Morgan Lewis, the Governor of New York when the county was established. History The area now occupied by Lewis County was very sparsely occupied until the end of the 18th century. Although the land was already claimed by the Province of New York in its original grant, the land was clearly part of the territory of the Iroquois confederacy until after the American Revolutionary War, when New York seized the lands from tribes that had supported the British. The lands were unsurveyed and remained unattractive to settlement until after the complex process of Macomb's Purchase of 1791 eventually put much of the land in the hands of John Brown. Jurisdiction history The area now falling in the jurisdiction of Lewis County, New York has changed jurisdiction m ...
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Belfast
Belfast ( , ; from ga, Béal Feirste , meaning 'mouth of the sand-bank ford') is the capital and largest city of Northern Ireland, standing on the banks of the River Lagan on the east coast. It is the 12th-largest city in the United Kingdom and the second-largest in Ireland. It had a population of 345,418 . By the early 19th century, Belfast was a major port. It played an important role in the Industrial Revolution in Ireland, briefly becoming the biggest linen-producer in the world, earning it the nickname "Linenopolis". By the time it was granted city status in 1888, it was a major centre of Irish linen production, tobacco-processing and rope-making. Shipbuilding was also a key industry; the Harland and Wolff shipyard, which built the , was the world's largest shipyard. Industrialisation, and the resulting inward migration, made Belfast one of Ireland's biggest cities. Following the partition of Ireland in 1921, Belfast became the seat of government for Northern Ireland ...
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Alexander Macomb (American Merchant)
Alexander Macomb (1748–1831) was an American fur trader, merchant and land speculator known for purchasing nearly four million acres from the state of New York after the American Revolutionary War. A Loyalist sympathizer, he operated from New York City after the war. His mansion in the city was used by President George Washington for several months in 1790 as the temporary president's mansion. Macomb had already made a fortune on land speculation in North Carolina, Georgia, and Kentucky, and believed he would make more profit in New York. But, unable to sell the New York land fast enough to meet his debts, he was sent to debtors' prison for a period and never regained his fortune. Early life and education Alexander Macomb was born in 1748 in Ballynure, a tiny rural village in County Antrim, northern Ireland to John Macomb, a merchant, and Jane Gordon, both of Scots-Irish descent.
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ...
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Aaron Burr
Aaron Burr Jr. (February 6, 1756 – September 14, 1836) was an American politician and lawyer who served as the third vice president of the United States from 1801 to 1805. Burr's legacy is defined by his famous personal conflict with Alexander Hamilton that culminated in Burr–Hamilton duel, Burr killing Hamilton in a duel in 1804, while Burr was vice president. Burr was born to a prominent family in New Jersey. After studying theology at Princeton, he began his career as a lawyer before joining the Continental Army as an officer in the American Revolutionary War in 1775. After leaving military service in 1779, Burr practiced law in New York City, where he became a leading politician and helped form the new Jeffersonian democracy, Jeffersonian Democratic-Republican Party. As a New York Assemblyman in 1785, Burr supported a bill to end slavery, despite having owned slaves himself. At age 26, Burr married Theodosia Bartow Prevost, who died in 1794 after twelve years of marria ...
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