Mussel Slough Tragedy
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Mussel Slough Tragedy
The Mussel Slough Tragedy was a dispute over land titles between settlers and the Southern Pacific Railroad (SP) that took place on May 11, 1880, on a farm located northwest of Hanford, California, in the central San Joaquin Valley, leaving seven people dead. The exact history of the incident has been the source of some disagreement, largely because popular anti-railroad sentiment in the 1880s interpreted the incident as a clear example of corrupt and cold-blooded corporate greed. Muckraking journalists and anti-railroad activists glorified the settlers and used the events as evidence and justification for their anti-corporate crusades. Frank Norris' 1901 novel, '' The Octopus: A Story of California'', was inspired by this incident, as was W. C. Morrow's 1882 novel ''Blood-Money''. May Merrill Miller's novel, ''First the Blade'', includes a fictionalized account of the conflict. The site of the episode is now registered as California Historical Landmark #245. A historical ma ...
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Hanford, California
Hanford is a city and county seat of Kings County, California, located in the San Joaquin Valley region of the greater Central Valley (California), Central Valley. The population was 53,967 at the 2010 United States Census, 2010 census. History Today's Hanford was once north of Tulare Lake, historically the largest body of fresh water west of the Mississippi River. The area was inhabited by the Tachi Yokuts people, Yokuts Indians for several thousand years prior to Euro-American contact. They occupied locations along watercourses such as creeks, springs and seep areas (such as Slough (hydrology), sloughs), along perennial and seasonal drainages, as well as flat ridges and terraces. Since the annexation of California after the Mexican–American War, Mexican-American War, the locality was settled by Americans and immigrants as farmland, broadly referred to as "Mussel Slough". The earliest dated grave in the area was that of a young Alice Spangler who was initially buried in the ...
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San Jose, California
San Jose, officially San José (; ; ), is a major city in the U.S. state of California that is the cultural, financial, and political center of Silicon Valley and largest city in Northern California by both population and area. With a 2020 population of 1,013,240, it is the most populous city in both the Bay Area and the San Jose–San Francisco–Oakland, CA Combined Statistical Area, San Jose-San Francisco-Oakland Combined Statistical Area, which contain 7.7 million and 9.7 million people respectively, the List of largest California cities by population, third-most populous city in California (after Los Angeles and San Diego and ahead of San Francisco), and the List of United States cities by population, tenth-most populous in the United States. Located in the center of the Santa Clara Valley on the southern shore of San Francisco Bay, San Jose covers an area of . San Jose is the county seat of Santa Clara County, California, Santa Clara County and the main component of the San ...
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United States Congress
The United States Congress is the legislature of the federal government of the United States. It is bicameral, composed of a lower body, the House of Representatives, and an upper body, the Senate. It meets in the U.S. Capitol in Washington, D.C. Senators and representatives are chosen through direct election, though vacancies in the Senate may be filled by a governor's appointment. Congress has 535 voting members: 100 senators and 435 representatives. The U.S. vice president has a vote in the Senate only when senators are evenly divided. The House of Representatives has six non-voting members. The sitting of a Congress is for a two-year term, at present, beginning every other January. Elections are held every even-numbered year on Election Day. The members of the House of Representatives are elected for the two-year term of a Congress. The Reapportionment Act of 1929 establishes that there be 435 representatives and the Uniform Congressional Redistricting Act requires ...
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Acre
The acre is a unit of land area used in the imperial Imperial is that which relates to an empire, emperor, or imperialism. Imperial or The Imperial may also refer to: Places United States * Imperial, California * Imperial, Missouri * Imperial, Nebraska * Imperial, Pennsylvania * Imperial, Texa ... and United States customary units#Units of area, US customary systems. It is traditionally defined as the area of one Chain (unit), chain by one furlong (66 by 660 feet), which is exactly equal to 10 square chains, of a square mile, 4,840 square yards, or 43,560 square feet, and approximately 4,047 m2, or about 40% of a hectare. Based upon the International yard and pound, international yard and pound agreement of 1959, an acre may be declared as exactly 4,046.8564224 square metres. The acre is sometimes abbreviated ac but is usually spelled out as the word "acre".National Institute of Standards and Technolog(n.d.) General Tables of Units of Measurement . Traditionally, i ...
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Goshen, California
Goshen is a census-designated place (CDP) near Visalia, in Tulare County, California, United States. The population was 3,006 at the 2010 census, up from 2,394 at the 2000 census. Until the twentieth century, Goshen was an island in a marsh at the edge of Tulare Lake, formerly the largest freshwater lake west of the Great Lakes until drained. History In 1858, the Butterfield Overland Mail passed through the area stopping at Head of Cross Creek Station, northwest of Goshen, at the head of the place where Cross Creek divided into two branches for a time, making it easier to cross them separately. It was west of the next stop at Visalia, and southeast of the next stop in the other direction, Whitmore's Ferry. Goshen was founded in the 1870s. The Central Pacific Railroad was expanding which continued with a branch line from Goshen to Visalia in 1874. In the early 1890s, Chris Evans and John Sontag robbed a Southern Pacific Railroad train at Goshen. On January 16, 2023, six p ...
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Central Pacific Railroad
The Central Pacific Railroad (CPRR) was a rail company chartered by Pacific Railroad Acts, U.S. Congress in 1862 to build a railroad eastwards from Sacramento, California, to complete the western part of the "First transcontinental railroad" in North America. Incorporated in 1861, CPRR ceased operation in 1885 when it was acquired by Southern Pacific Railroad as a leased line. Following the completion of the Pacific Railroad Surveys in 1855, several national proposals to build a transcontinental railroad failed because of the energy consumed by political disputes over slavery. With the secession of Southern United States, the South in 1861, the modernizers in the Republican Party (US), Republican Party controlled the US Congress. They passed Pacific Railroad Acts, legislation in 1862 authorizing the central rail route with financing in the form of land grants and government railroad bond, which were all eventually repaid with interest. The government and the railroads both shared ...
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Big Four (Central Pacific Railroad)
"The Big Four" was the name popularly given to the famous and influential businessmen, philanthropists and railroad tycoons who funded the Central Pacific Railroad, (C.P.R.R.), which formed the western portion through the Sierra Nevada and the Rocky Mountains of the First Transcontinental Railroad in the United States, built from the mid-continent at the Missouri River to the Pacific Ocean during the middle and late 1860s. Composed of Leland Stanford (1824–1893), Collis Potter Huntington (1821–1900), Mark Hopkins Jr. (1813–1878), and Charles Crocker (1822–1888), the four themselves, however, personally preferred to be known as "The Associates." They enriched themselves utilizing tax money and land grants, while heavily influencing the State legislature from within the Republican party (Stanford was governor of California when the first of the Pacific Railroad Acts was passed), and through monopolizing tactics. Contemporary critics claimed they were the greatest swindlers ...
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Land Run
A land run or land rush was an event in which previously restricted land of the United States was opened to homestead on a first-arrival basis. Lands were opened and sold first-come or by bid, or won by lottery, or by means other than a run. The settlers, no matter how they acquired occupancy, purchased the land from the United States Land Office. For former Indian lands, the Land Office distributed the sales funds to the various tribal entities, according to previously negotiated terms. The Oklahoma Land Rush of 1889 was the most prominent of the land runs while the Land Run of 1893 was the largest. The opening of the former Kickapoo area in 1895 was the last use of a land run in the present area of Oklahoma. In Oklahoma After years of raids—led by the leaders of the Boomers activist movement such as David L. Payne—into the central area of what would become the U.S. state of Oklahoma, Congress finally agreed to open what was dubbed the Unassigned Lands. Seven land runs in all ...
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Squatting
Squatting is the action of occupying an abandoned or unoccupied area of land or a building, usually residential, that the squatter does not own, rent or otherwise have lawful permission to use. The United Nations estimated in 2003 that there were one billion slum residents and squatters globally. Squatting occurs worldwide and tends to occur when people who are poor and homeless find empty buildings or land to occupy for housing. It has a long history, broken down by country below. In developing countries and least developed countries, shanty towns often begin as squatted settlements. In African cities such as Lagos much of the population lives in slums. There are pavement dwellers in India and in Hong Kong as well as rooftop slums. Informal settlements in Latin America are known by names such as villa miseria (Argentina), pueblos jóvenes (Peru) and asentamientos irregulares (Guatemala, Uruguay). In Brazil, there are favelas in the major cities and land-based movements. I ...
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Orville Hickman Browning
Orville Hickman Browning (February 10, 1806 – August 10, 1881) was an attorney in Illinois and a politician who was active in the Whig Party (United States), Whig and Republican Party (United States), Republican Parties. He is notable for his service as a United States Senate, U.S. Senator and the United States Secretary of the Interior. Born in Kentucky, and trained as a lawyer, Browning settled in Illinois, where he served in the militia during the Black Hawk War, established himself as a successful attorney, and became involved in politics as a Whig Party (United States), Whig. He served in the Illinois State Senate and the Illinois House of Representatives, and ran unsuccessfully for the United States House of Representatives. When the Whig Party broke apart in the mid 1850s and the Republican Party (United States), Republican Party was formed as the country's major anti-slavery party, Browning took part in the convention that organized the party in Illinois. In 18 ...
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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 ...
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Capital Appreciation
Capital appreciation is an increase in the price or value of assets. It may refer to appreciation of company stocks or bonds held by an investor, an increase in land valuation, or other upward revaluation of fixed assets. Capital appreciation may occur passively and gradually, without the investor taking any action. It is distinguished from a capital gain which is the profit achieved by selling an asset. Capital appreciation may or may not be shown in financial statements; if it is shown, by revaluation of the asset, the increase is said to be "recognized". Once the asset is sold, the appreciation since the date of initially buying the asset becomes a "realized" gain. When the term is used in reference to stock valuation, capital appreciation is the goal of an investor seeking long term growth. It is growth in the principal amount invested, but not necessarily an increase in the current income from the asset. In the context of investment in a mutual fund, capital appreciation ...
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