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Macalister-Stebbins Bond Fraud
The Macalister-Stebbins Bond Fraud was a financial scandal that occurred in the State of Illinois in 1859. While investigating the Canal Scrip Fraud, the State Senate Finance Committee discovered that a special class of bonds the state had issued in 1841 had been improperly redeemed. The bonds were known as the Macalister-Stebbins bonds after the bankers who had sold them on behalf of the state. The bonds had been issued during the state's financial crisis to pay interest that the state owed on other obligations. The bonds carried a face value of $1,000, but at auction had only sold for an average of $286. When the bonds came due in 1849, the state devalued them, agreeing to pay only $286 plus interest. In early 1859, Illinois Governor William Bissell approved redeeming the remaining outstanding bonds with new bonds at the original $1000 face value plus interest. He had apparently been influenced in part by State Representative Alonzo Mack (R-Kankakee), who acted as an agent in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Illinois
Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria metropolitan area, Illinois, Peoria and Rockford metropolitan area, Illinois, Rockford, as well Springfield, Illinois, Springfield, its capital. Of the fifty U.S. states, Illinois has the List of U.S. states and territories by GDP, fifth-largest gross domestic product (GDP), the List of U.S. states and territories by population, sixth-largest population, and the List of U.S. states and territories by area, 25th-largest land area. Illinois has a highly diverse Economy of Illinois, economy, with the global city of Chicago in the northeast, major industrial and agricultural productivity, agricultural hubs in the north and center, and natural resources such as coal, timber, and petroleum in the south. Owing to its centr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canal Scrip Fraud
The Canal Scrip Fraud was a financial scandal that involved illegal redemption of canal scrip that had been issued by the state of Illinois to pay for construction of the Illinois–Michigan Canal. Canal scrip were IOUs the state had begun issuing in 1839 when it ran out of money during a fiscal crisis. In February of 1859, the state auditor, Jesse K. Dubois, reported to the legislature that bundles of canal scrip had been illegally redeemed in 1857 by the immediate past governor, Joel A. Matteson. A senate investigation found that scrip previously redeemed and cancelled had been transferred to then Governor Matteson from the canal office in Lockport. Matteson subsequently redeemed this scrip a second time. Matteson submitted a letter to the investigating committee stating he had unwittingly purchased it from anonymous sellers and offered to reimburse the state for its losses. The Democratically controlled legislature passed a resolution accepting Matteson's offer and the inves ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Henry Bissell
William Henry Bissell (April 25, 1811March 18, 1860) was the 11th Governor of the U.S. state of Illinois from 1857 until his death. He was one of the first successful Republican Party candidates in the U.S., winning the election of 1856 just two years after the founding of his party. In addition to being the first Republican governor of Illinois, he was also the first Catholic and also the first to die in office. Biography Bissell was born in Hartwick, New York, near Painted Post, son of Luther Bissell and Hannah Shepard. He attended the public schools and was graduated from the Philadelphia Medical College in 1835. He moved to Monroe County, Illinois in 1837, where he taught school and practiced medicine until 1840. From 1840 to 1842, Bissell was a member of the Illinois House of Representatives. He studied law, was admitted to the bar and commenced practice in Belleville, St. Clair County, Illinois. He was prosecuting attorney of St. Clair County in 1844. He served in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alonzo Mack
Alonzo is both a given name and a Spanish surname. Notable people with the name include: Mononym * Alonzo (rapper), French singer and hip hop artist, formerly Segnor Alonzo of Psy 4 de la Rime Given name * Alonzo de Barcena, 16th-century Spanish Jesuit missionary and linguist * Alonzo de Santa Cruz (–1567), Spanish cartographer, mapmaker, instrument maker, historian and teacher * Alonzo Babers (b. 1961), U.S. athlete *Alonzo L. Best (1854–1923), U.S. politician *Alonzo Bodden, U.S. comedian * Alonzo Church (1903–1995), U.S. mathematician and computer scientist *Alonzo Clemons, U.S. autistic savant clay sculptor * Alonzo B. Cornell (1832–1904), a Governor of New York *Alonzo Drake (1884–1919), English footballer and cricketer * Alonzo J. Edgerton (1827–1896), U.S. politician *Alonzo Dillard Folger (1888–1941), U.S. politician *Alonzo Gee, American basketball player *Alonzo A. Hinckley (1870–1936), U.S. official of the Church of Jesus Christ of Latter-day Saints ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jesse K
Jesse may refer to: People and fictional characters * Jesse (biblical figure), father of David in the Bible. * Jesse (given name), including a list of people and fictional characters * Jesse (surname), a list of people Music * ''Jesse'' (album), a 2003 album by Jesse Powell * "Jesse", a 1973 song by Roberta Flack - see Roberta Flack discography * "Jesse", a song from the album ''Valotte'' by Julian Lennon * "Jesse", a song from the album ''The People Tree'' by Mother Earth * "Jesse" (Carly Simon song), a 1980 song * "Jesse", a song from the album '' The Drift'' by Scott Walker * "Jesse", a song from the album '' If I Were Your Woman'' by Stephanie Mills Other * ''Jesse'' (film), a 1988 American television film * ''Jesse'' (TV series), a sitcom starring Christina Applegate * ''Jesse'' (novel), a 1994 novel by Gary Soto * ''Jesse'' (picture book), a 1988 children's book by Tim Winton * Jesse, West Virginia, an unincorporated community * Jesse Hall, University of Misso ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abraham Lincoln
Abraham Lincoln ( ; February 12, 1809 – April 15, 1865) was an American lawyer, politician, and statesman who served as the 16th president of the United States from 1861 until his assassination in 1865. Lincoln led the nation through the American Civil War and succeeded in preserving the Union, abolishing slavery, bolstering the federal government, and modernizing the U.S. economy. Lincoln was born into poverty in a log cabin in Kentucky and was raised on the frontier, primarily in Indiana. He was self-educated and became a lawyer, Whig Party leader, Illinois state legislator, and U.S. Congressman from Illinois. In 1849, he returned to his successful law practice in central Illinois. In 1854, he was angered by the Kansas–Nebraska Act, which opened the territories to slavery, and he re-entered politics. He soon became a leader of the new Republican Party. He reached a national audience in the 1858 Senate campaign debates against Stephen A. Douglas. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Political Scandals In Illinois
Politics (from , ) is the set of activities that are associated with making decisions in groups, or other forms of power relations among individuals, such as the distribution of resources or status. The branch of social science that studies politics and government is referred to as political science. It may be used positively in the context of a "political solution" which is compromising and nonviolent, or descriptively as "the art or science of government", but also often carries a negative connotation.. The concept has been defined in various ways, and different approaches have fundamentally differing views on whether it should be used extensively or limitedly, empirically or normatively, and on whether conflict or co-operation is more essential to it. A variety of methods are deployed in politics, which include promoting one's own political views among people, negotiation with other political subjects, making laws, and exercising internal and external force, including w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
