Rogers Caldwell
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Rogers Caldwell
Rogers Caldwell (January 25, 1890 – October 8, 1968) was an American businessman and banker from Tennessee. He was known as the " J. P. Morgan of the South." He was the founder and president of Caldwell and Company and its subsidiary, the Bank of Tennessee. He was the president of the Tennessee Hart-Parr Company, which sold tractors in the Southern United States, mechanizing agriculture, and the president of the Kentucky Rock and Asphalt company, which built infrastructure and roads in Tennessee. With his friend and business associate politician Luke Lea, he owned newspapers in Tennessee. In the wake of the Wall Street crash of 1929, Caldwell and Company went bankrupt, leading up to nearly 100 bank failures across the Southern United States, in what was called the "greatest financial disaster which Tennessee has ever experienced" by the Tennessee General Assembly, and resulting in the loss of over $6 million in funds to the Tennessee state treasury, equivalent to about $72 mill ...
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Nashville, Tennessee
Nashville is the capital city of the U.S. state of Tennessee and the county seat, seat of Davidson County, Tennessee, Davidson County. With a population of 689,447 at the 2020 United States census, 2020 U.S. census, Nashville is the List of municipalities in Tennessee, most populous city in the state, List of United States cities by population, 21st most-populous city in the U.S., and the fourth most populous city in the southeastern United States, southeastern U.S. Located on the Cumberland River, the city is the center of the Nashville metropolitan area, which is one of the fastest growing in the nation. Named for Francis Nash, a general of the Continental Army during the American Revolutionary War, the city was founded in 1779. The city grew quickly due to its strategic location as a port on the Cumberland River and, in the 19th century, a railroad center. Nashville seceded with Tennessee during the American Civil War; in 1862 it was the first state capital in the Confederate ...
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Altoona, Pennsylvania
Altoona is a city in Blair County, Pennsylvania. It is the principal city of the Altoona Metropolitan Statistical Area (MSA). The population was 43,963 at the time of the 2020 Census, making it the eighteenth most populous city in Pennsylvania. The Altoona MSA includes all of Blair County and was recorded as having a population of 122,822 at the 2020 Census, around 100,000 of whom live within a radius of the Altoona city center according to U.S. Census ZIP Code population data. This includes the adjacent boroughs of Hollidaysburg and Duncansville, adjacent townships of Logan, Allegheny, Blair, Frankstown, Antis, and Tyrone, as well as nearby boroughs of Bellwood and Newry. Having grown around the railroad industry, the city has worked to recover from industrial decline and urban decentralization experienced in recent decades. The city is home to the Altoona Curve baseball team of the Eastern League, which is the AA affiliate of the Pittsburgh Pirates Major League Baseba ...
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Governor Of Tennessee
The governor of Tennessee is the head of government of the U.S. state of Tennessee. The governor is the only official in Tennessee state government who is directly elected by the voters of the entire state. The current governor is Bill Lee, a member of the Republican Party, who took office on January 19, 2019. Qualifications The Tennessee Constitution provides that the governor must be at least 30 years old and must have lived in the state for at least seven years before being elected to the office. The governor is elected to a four-year term and may serve no more than two terms consecutively. The governor is the only official of the Tennessee state government who is directly elected by the voters of the State of Tennessee. Judges on several state courts also appear on statewide ballots, but in accordance with the Tennessee Plan they are subject to votes only on their retention in office. There are only two other U.S. states, New Jersey and Hawaii, where the governor is the ...
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Henry Hollis Horton
Henry Hollis Horton (February 17, 1866 – July 2, 1934) was an American attorney, farmer and politician who served as the 36th Governor of Tennessee from 1927 to 1933. He was elevated to the position when Governor Austin Peay died in office, and as Speaker of the Tennessee Senate, he was first in the line of succession. He was subsequently elected to two more two-year terms. Horton's tenure as governor was marred by a scandal after the Stock Market crash in 1929. The related collapse of the financial empires of his political allies, Luke Lea and Rogers Caldwell, cost the state more than $6 million in funds deposited in their banks by Horton's administration. The legislature voted to impeach the governor, but the measure did not carry and he served out his term.Jeanette Keith,Henry Horton" ''Tennessee Encyclopedia of History and Culture'', 2009. Retrieved: 9 December 2012. He retired from politics and returned to his farm in Marshall County. Early life Horton was born in 18 ...
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The Tennessean
''The Tennessean'' (known until 1972 as ''The Nashville Tennessean'') is a daily newspaper in Nashville, Tennessee. Its circulation area covers 39 counties in Middle Tennessee and eight counties in southern Kentucky. It is owned by Gannett, which also owns several smaller community newspapers in Middle Tennessee, including '' The Dickson Herald'', the '' Gallatin News-Examiner'', the '' Hendersonville Star-News'', the '' Fairview Observer'', and the '' Ashland City Times''. Its circulation area overlaps those of the ''Clarksville Leaf-Chronicle'' and ''The Daily News Journal'' in Murfreesboro, two other independent Gannett papers. The company publishes several specialty publications, including '' Nashville Lifestyles'' magazine. History ''The Tennessean'', Nashville's daily newspaper, traces its roots back to the ''Nashville Whig'', a weekly paper that began publication on September 1, 1812. The paper underwent various mergers and acquisitions throughout the 19th century, em ...
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The Commercial Appeal
''The Commercial Appeal'' (also known as the ''Memphis Commercial Appeal'') is a daily newspaper of Memphis, Tennessee, and its surrounding metropolitan area. It is owned by the Gannett Company; its former owner, the E. W. Scripps Company, also owned the former afternoon paper, the ''Memphis Press-Scimitar'', which it folded in 1983. The 2016 purchase by Gannett of Journal Media Group (Scripps' direct successor) effectively gave it control of the two major papers in western and central Tennessee, uniting the ''Commercial Appeal'' with Nashville's ''The Tennessean''. ''The Commercial Appeal'' is a seven-day morning paper. It is distributed primarily in Greater Memphis, including Shelby, Fayette, and Tipton counties in Tennessee; DeSoto, Tate, and Tunica counties in Mississippi; and in Crittenden County in Arkansas. These are the contiguous counties to the city of Memphis. ''The Commercial Appeal'' won the 1923 Pulitzer Prize for Public Service for its opposition of the Ku Klux K ...
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Depository Bank
A depository bank (U.S. usage) or depositary bank (predominantly EU usage) is a specialist financial entity which, depending on jurisdiction, facilitates investment in securities markets. Depository banks in the United States In the United States, a depository is a bank organized in the US which provides all the stock transfer and agency services in connection with a depositary receipt program. This function includes arranging for a custodian to accept deposits of ordinary shares, issuing the negotiable receipts which back up the shares, maintaining the register of holders to reflect all transfers and exchanges, and distributing dividends in U.S. dollars. Depositary banks in the European Union In the EU, a depositary is a financial institution which provides fiduciary/custodian services to Investment Funds authorised to trade in any EU jurisdiction as a UCITS or Alternative Investment Fund An alternative investment, also known as an alternative asset or alternative i ...
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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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Bond (finance)
In finance, a bond is a type of security under which the issuer ( debtor) owes the holder ( creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (i.e. they are owners), whereas bondholders have a creditor stake in a company (i.e. they are lenders). As creditors, bondholders have priority over stockholders. This means they will be repaid in advance of stockholders, but will rank behind s ...
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Vanderbilt Commodores Football
The Vanderbilt Commodores football program represents Vanderbilt University in the sport of American football. The Commodores compete in the Football Bowl Subdivision (FBS) of the National Collegiate Athletic Association (NCAA) and the East Division of the Southeastern Conference (SEC). They are led by head coach Clark Lea. Vanderbilt plays their home games at FirstBank Stadium, located on the university's Nashville, Tennessee campus. History Vanderbilt has a winning percentage of .492, the second lowest among all members in the Southeastern Conference. Head coaches Adopting the nickname the ''Commodores'' after the 1897 season, the team has played in 1,250 games over 126 seasons. In that time, six coaches have led the Commodores to a postseason bowl appearance: Art Guepe, Steve Sloan, George MacIntyre, Bobby Johnson, James Franklin and Derek Mason. Four have led them to a conference championship: R. G. Acton, W. H. Watkins, James R. Henry (American football), James R. He ...
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Newspapers
A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, sports and art, and often include materials such as opinion columns, weather forecasts, reviews of local services, obituaries, birth notices, crosswords, editorial cartoons, comic strips, and advice columns. Most newspapers are businesses, and they pay their expenses with a mixture of subscription revenue, newsstand sales, and advertising revenue. The journalism organizations that publish newspapers are themselves often metonymically called newspapers. Newspapers have traditionally been published in print (usually on cheap, low-grade paper called newsprint). However, today most newspapers are also published on websites as online newspapers, and some have even abandoned their print versions entirely. Newspapers developed in the 17th ...
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