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Great Hog Swindle
The Great Hog Swindle is the popular name given to a program in 1864 during the American Civil War in which the Union Army purchased hogs from Kentucky farmers to feed their troops. The hog purchase program was devised by Major Henry C. Symonds when commodity speculation caused a crisis in the salt pork market. The program entailed army commissary officers buying hogs directly from farmers. The program was deemed a disaster because the farmers collectively lost $300,000. Symonds' plan Symonds first considered setting his plan into action in 1862. However, he took no action until 1863, when he informed Brigadier General Joseph Pannell Taylor, head of the subsistence office, that he could pack 15 million pounds of meat in an unused city porkhouse. Symonds estimated that the army could buys live hogs for four and a half cents a pound and pack them for no more than five cents per pound. This program would theoretically save the U.S. Government $150,000. However, Symond's proposal re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Civil War
The American Civil War (April 12, 1861 – May 26, 1865; also known by other names) was a civil war in the United States. It was fought between the Union ("the North") and the Confederacy ("the South"), the latter formed by states that had seceded. The central cause of the war was the dispute over whether slavery would be permitted to expand into the western territories, leading to more slave states, or be prevented from doing so, which was widely believed would place slavery on a course of ultimate extinction. Decades of political controversy over slavery were brought to a head by the victory in the 1860 U.S. presidential election of Abraham Lincoln, who opposed slavery's expansion into the west. An initial seven southern slave states responded to Lincoln's victory by seceding from the United States and, in 1861, forming the Confederacy. The Confederacy seized U.S. forts and other federal assets within their borders. Led by Confederate President Jefferson Davis, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Army
During the American Civil War, the Union Army, also known as the Federal Army and the Northern Army, referring to the United States Army, was the land force that fought to preserve the Union (American Civil War), Union of the collective U.S. state, states. It proved essential to the preservation of the United States as a working, viable republic. The Union Army was made up of the permanent Regular Army (United States), regular army of the United States, but further fortified, augmented, and strengthened by the many temporary units of dedicated United States Volunteers, volunteers, as well as including those who were drafted in to service as Conscription in the United States, conscripts. To this end, the Union Army fought and ultimately triumphed over the efforts of the Confederate States Army in the American Civil War. Over the course of the war, 2,128,948 men enlisted in the Union Army, including 178,895 United States Colored Troops, colored troops; 25% of the white men who s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodity
In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price. Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemical substance, chemicals and computer memory. Popular commodities include Petroleum, crude oil, Maize, corn, and gold. Other definitions of commodity include something useful or valued and an alternative ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Speculation
In finance, speculation is the purchase of an asset (a commodity, good (economics), goods, or real estate) with the hope that it will become more valuable shortly. (It can also refer to short sales in which the speculator hopes for a decline in value.) Many speculators pay little attention to the fundamental value of a security and instead focus purely on price movements. In principle, speculation can involve any tradable good or financial instrument. Speculators are particularly common in the markets for stocks, bond (finance), bonds, commodity futures, currency, currencies, fine art, collectibles, real estate, and derivative (finance), derivatives. Speculators play one of four primary roles in financial markets, along with hedge (finance), hedgers, who engage in transactions to offset some other pre-existing risk, arbitrageus who seek to profit from situations where Fungibility, fungible instruments trade at different prices in different market segments, and investors who s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salt Pork
Salt pork is salt-cured pork. It is usually prepared from pork belly, or, more rarely, fatback. Salt pork typically resembles uncut side bacon, but is fattier, being made from the lowest part of the belly, and saltier, as the cure is stronger and performed for longer, and never smoked. Along with hardtack, salt pork was a standard ration for many militaries and navies throughout the 17th, 18th, and 19th centuries, seeing usage in the American Civil War, War of 1812, and the Napoleonic Wars, among others. Salt pork now finds use in traditional American cuisine, particularly Boston baked beans, pork and beans, and to add its flavor to vegetables cooked in water, as with greens in soul food. It is also central to the flavoring of clam chowder. It generally is cut and cooked ( blanched or rendered) before use, however it can be also eaten without prior heat treatment. Salt pork that contains a significant amount of meat, resembling standard side bacon, is known as "streak o' le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commissary
A commissary is a government official charged with oversight or an ecclesiastical official who exercises in special circumstances the jurisdiction of a bishop. In many countries, the term is used as an administrative or police title. It often corresponds to the command of a police station, which is then known as a " commissariat". In some armed forces, commissaries are officials charged with overseeing the purchase and delivery of supplies, and they have powers of administrative and financial oversight. Then, the " commissariat" is the organization associated with the corps of commissaries. By extension, the term "commissary" came to be used for the building where supplies were disbursed. In some countries, both roles are used; for example, France uses " police commissaries" (''commissaires de police'') in the French National Police and "armed forces commissaries" (''commissaires des armées'') in the French armed forces. The equivalent terms are ''commissaire'' in French, ''c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseph Pannell Taylor
Joseph Pannell Taylor (May 4, 1796 – June 29, 1864) was a career United States Army officer and Union general in the American Civil War. He was the younger brother of Zachary Taylor, the 12th President of the United States. Early life He was born in Louisville, Kentucky, to Richard Taylor and Sarah Dabney Strother. He married Evelyn A. McLean (1809-1887) from Ohio, daughter of John McLean, a justice of the Ohio Supreme Court and the U.S. Supreme Court. Army service He joined the army during the War of 1812, and was commissioned a third lieutenant, May 20, 1813, second lieutenant, August 1, 1813, and first lieutenant July 15, 1814.Eicher, John H., and David J. Eicher, ''Civil War High Commands.'' Stanford: Stanford University Press, 2001. . p. 523 After discharge June 15, 1815 and reinstatement as second lieutenant, May 17, 1816, Taylor again was promoted to first lieutenant on November 24, 1817. Taylor was promoted to captain July 25, 1825. He was appointed Assistant Commis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amos Beebe Eaton
Amos Beebe Eaton (May 12, 1806 – February 21, 1877) was a career officer in the United States Army, serving as a general for the Union during the American Civil War. Biography Amos B. Eaton was born in Catskill, New York. He graduated from West Point in 1826; he was an infantry lieutenant until the Florida campaigns of the late 1830s. After that, his only fighting experiences took place in the Mexican–American War, for which service he was appointed a brevet major. Eaton served for 12 years as a field officer in the U.S. Army, then joined the commissary department for 23 years. Appointed a lieutenant colonel and assistant commissary general in 1861, Eaton was given the task of creating an effective supply system for the fledgling Union army. The large number of troops entering the Army at the beginning of the war was overloading the existing system. His work provisioning and distributing supplies to the troops led to President Abraham Lincoln's July 6, 1864, appointment of Ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ohio
Ohio () is a state in the Midwestern region of the United States. Of the fifty U.S. states, it is the 34th-largest by area, and with a population of nearly 11.8 million, is the seventh-most populous and tenth-most densely populated. The state's capital and largest city is Columbus, with the Columbus metro area, Greater Cincinnati, and Greater Cleveland being the largest metropolitan areas. Ohio is bordered by Lake Erie to the north, Pennsylvania to the east, West Virginia to the southeast, Kentucky to the southwest, Indiana to the west, and Michigan to the northwest. Ohio is historically known as the "Buckeye State" after its Ohio buckeye trees, and Ohioans are also known as "Buckeyes". Its state flag is the only non-rectangular flag of all the U.S. states. Ohio takes its name from the Ohio River, which in turn originated from the Seneca word ''ohiːyo'', meaning "good river", "great river", or "large creek". The state arose from the lands west of the Appalachian Mountai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stephen G
Stephen or Steven is a common English first name. It is particularly significant to Christians, as it belonged to Saint Stephen ( grc-gre, Στέφανος ), an early disciple and deacon who, according to the Book of Acts, was stoned to death; he is widely regarded as the first martyr (or "protomartyr") of the Christian Church. In English, Stephen is most commonly pronounced as ' (). The name, in both the forms Stephen and Steven, is often shortened to Steve or Stevie. The spelling as Stephen can also be pronounced which is from the Greek original version, Stephanos. In English, the female version of the name is Stephanie. Many surnames are derived from the first name, including Stephens, Stevens, Stephenson, and Stevenson, all of which mean "Stephen's (son)". In modern times the name has sometimes been given with intentionally non-standard spelling, such as Stevan or Stevon. A common variant of the name used in English is Stephan ; related names that have found some curr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louisville, Kentucky
Louisville ( , , ) is the largest city in the Commonwealth of Kentucky and the 28th most-populous city in the United States. Louisville is the historical seat and, since 2003, the nominal seat of Jefferson County, on the Indiana border. Named after King Louis XVI of France, Louisville was founded in 1778 by George Rogers Clark, making it one of the oldest cities west of the Appalachians. With nearby Falls of the Ohio as the only major obstruction to river traffic between the upper Ohio River and the Gulf of Mexico, the settlement first grew as a portage site. It was the founding city of the Louisville and Nashville Railroad, which grew into a system across 13 states. Today, the city is known as the home of boxer Muhammad Ali, the Kentucky Derby, Kentucky Fried Chicken, the University of Louisville and its Cardinals, Louisville Slugger baseball bats, and three of Kentucky's six ''Fortune'' 500 companies: Humana, Kindred Healthcare, and Yum! Brands. Muhamm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Droving
Droving is the practice of walking livestock over long distances. It is a type of herding. Droving stock to market—usually on foot and often with the aid of dogs—has a very long history in the Old World. An owner might entrust an agent to deliver stock to market and bring back the proceeds. There has been droving since people in cities found it necessary to source food from distant supplies. Description Droving is the practice of moving livestock over long distances by walking them " on the hoof". Droving is used for moving large herds over long distances, sometimes several hundred kilometers. It was carried out by shepherds. The earliest written evidence about shepherds and their dogs dates back to the 14th century. Thousands of cattle were moved along the roads of Europe and Great Britain, and later sheep, goats, pigs and even geese and turkeys. The journey from pasture to market, slaughterhouse, or buyer could take anywhere from a few weeks to a few months. The herd moved ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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