Fred Rogers Fairchild
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Fred Rogers Fairchild
Fred Rogers Fairchild (August 5, 1877 – April 13, 1966) was an American economist and educator. Fairchild was born in Crete, Nebraska. His father was Arthur Babbitt Fairchild, a descendant of Thomas Fairchild, who settled in New England in 1639. He was a brother of Henry Pratt Fairchild, a sociologist and educator. Fairchild attended Doane College (AB, 1898) in Crete and Yale University (PhD, 1904). He also received an honorary LL.D. from Doane in 1929. Fairchild taught economics at Yale for many years. He was a holder of the Knox Chair of Economics. He was published widely, and his work included well received textbooks. Fairchild was an honorary member of the National Tax Association, an educational association of taxation experts. His primary field of study was federal taxation in the United States. In a 1920 journal article published in the ''American Economic Review'', Fairchild proposed a restructuring of the post-war U.S. federal taxation system in light of calls for t ...
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Crete, Nebraska
Crete is a city in Saline County, Nebraska, United States. The population was 7,099 at the 2020 census. History The railroad was extended to the area in 1870, bringing settlers. In 1871, two rival towns merged to form a new town, which was named after Crete, Illinois, the former hometown of an early settler. The name was also chosen to conform with the alphabetical stops on the new Burlington & Quincy Railroad line traveling westward from Lincoln: Berks, Crete, Dorchester, Exeter, Fairmont, Grafton, Huxley, etc. Crete was once a contender for county seat. On February 18, 1969, Crete was the site of a railroad accident that released a fog of anhydrous ammonia fumes from a ruptured railroad tank car, killing five residents and seriously injuring 11 others in their homes."Eight Killed As Amm ...
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World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in genocides within the Ottoman Empire and in the 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising France, Russia, and Britain) and the Triple Alliance (containing Germany, Austria-Hungary, and Italy). Tensions in the Balkans came to a head on 28 June 1914, following the assassination of Archduke Franz Ferdin ...
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1966 Deaths
Events January * January 1 – In a coup, Colonel Jean-Bédel Bokassa takes over as military ruler of the Central African Republic, ousting President David Dacko. * January 3 – 1966 Upper Voltan coup d'état: President Maurice Yaméogo is deposed by a military coup in the Republic of Upper Volta (modern-day Burkina Faso). * January 10 ** Pakistani–Indian peace negotiations end successfully with the signing of the Tashkent Declaration, a day before the sudden death of Indian prime minister Lal Bahadur Shastri. ** Georgia House of Representatives, The House of Representatives of the US state of Georgia refuses to allow African-American representative Julian Bond to take his seat, because of his anti-war stance. ** A Commonwealth Prime Ministers' Conference convenes in Lagos, Nigeria, primarily to discuss Rhodesia. * January 12 – United States President Lyndon Johnson states that the United States should stay in South Vietnam until Communism, Communist aggression there is e ...
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1877 Births
Events January–March * January 1 – Queen Victoria is proclaimed ''Empress of India'' by the ''Royal Titles Act 1876'', introduced by Benjamin Disraeli, the Prime Minister of the United Kingdom . * January 8 – Great Sioux War of 1876 – Battle of Wolf Mountain: Crazy Horse and his warriors fight their last battle with the United States Cavalry in Montana. * January 20 – The Conference of Constantinople ends, with Ottoman Turkey rejecting proposals of internal reform and Balkan provisions. * January 29 – The Satsuma Rebellion, a revolt of disaffected samurai in Japan, breaks out against the new imperial government; it lasts until September, when it is crushed by a professionally led army of draftees. * February 17 – Major General Charles George Gordon of the British Army is appointed Governor-General of the Sudan. * March – ''The Nineteenth Century (periodical), The Nineteenth Century'' magazine is founded in London. * Marc ...
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Fairchild Family
The Fairchild family has long roots in New England, United States. They descend from Thomas Fairchild who came from England in 1639 and settled in Stratford, Connecticut, a part of the fledgling New Haven Colony. Genealogy Among the notable members of the family are: *Jairus C. Fairchild (1801–1862), who was the first mayor of Madison, Wisconsin, and married Sally Blair * Cassius (1829–1868), who served in the Wisconsin State Assembly and died of wounds received in the American Civil War. *Lucius Fairchild (1831–1896), Governor of Wisconsin, He married Frances Bull (b. 1846) * Lucia (1872-1924), a painter, married Henry Brown Fuller * Blair (1877–1933), a composer * Grandison Fairchild (1792–1890), who married Nancy Harris in 1813 * James Fairchild, who was President of Oberlin College * Henry Fairchild, who was President of Berea College. Henry was married to Maria Ball Babbitt * Charles Grandison Fairchild, who was President of Rollins College. Charles married ...
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American Educators
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * ...
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Income Tax
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 ...
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Dividend
A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business (called retained earnings). The current year profit as well as the retained earnings of previous years are available for distribution; a corporation is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash (usually a deposit into a bank account) or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or by share repurchase. In some cases, the distribution may be of assets. The dividend received by a shareholder is income of the shareholder and may be subject to income tax (see dividend tax). The tax treatment of this income varies considerably between jurisdictions. The corporation does not receive a tax deduct ...
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Shareholder
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of a shareholder on the business is determined by the shareholding percentage owned. Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' liabil ...
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Excess Profits Tax
In the United States, an excess profits tax is a tax on any profit above a certain amount. A predominantly wartime fiscal instrument, the tax was designed primarily to capture wartime profits that exceeded normal peacetime profits to prevent perverse incentives for manufacturers to engage in war profiteering and warmongering. History United Kingdom In Great Britain in World War I, the Treasury rejected proposals for a stiff capital levy, which the Labour Party wanted to use to weaken the capitalists. Instead, there was an excess profits tax, of 50 percent of profits above the normal prewar level; the rate was raised to 80 percent in 1917.Mark Billings and Lynne Oats, "Innovation and pragmatism in tax design: Excess Profits Duty in the UK during the First World War." ''Accounting History Review'' 24#2-3 (2014): 83-101. Excise taxes were added on luxury imports such as automobiles, clocks and watches. There was no sales tax or value added tax at this time in Britain. United States ...
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American Economic Review
The ''American Economic Review'' is a monthly peer-reviewed academic journal published by the American Economic Association. First published in 1911, it is considered one of the most prestigious and highly distinguished journals in the field of economics. The current editor-in-chief is Esther Duflo, an economic professor at the Massachusetts Institute of Technology. The journal is based in Pittsburgh. In 2004, the ''American Economic Review'' began requiring "data and code sufficient to permit replication" of a paper's results, which is then posted on the journal's website. Exceptions are made for proprietary data. Until 2017, the May issue of the ''American Economic Review'', titled the ''Papers and Proceedings'' issue, featured the papers presented at the American Economic Association's annual meeting that January. After being selected for presentation, the papers in the ''Papers and Proceedings'' issue did not undergo a formal process of peer review. Starting in 2018, papers pr ...
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Bridgeport, Connecticut
Bridgeport is the List of municipalities in Connecticut, most populous city and a major port in the U.S. state of Connecticut. With a population of 148,654 in 2020, it is also the List of cities by population in New England, fifth-most populous in New England. Located in eastern Fairfield County, Connecticut, Fairfield County at the mouth of the Pequonnock River on Long Island Sound, it is from Manhattan and from The Bronx. It is bordered by the towns of Trumbull, Connecticut, Trumbull to the north, Fairfield, Connecticut, Fairfield to the west, and Stratford, Connecticut, Stratford to the east. Bridgeport and other towns in Fairfield County make up the Greater Bridgeport, Bridgeport-Stamford-Norwalk-Danbury metropolitan statistical area, the second largest Metropolitan statistical area, metropolitan area in Connecticut. The Bridgeport-Stamford-Norwalk-Danbury metropolis forms part of the New York metropolitan area. Inhabited by the Golden Hill Paugussett Indian Nation, Paugus ...
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