Specie Circular
The Specie Circular is a United States presidential executive order issued by President Andrew Jackson on 11 July 1836 pursuant to the Coinage Act of 1834. It required payment for government land to be in gold and silver (specie). It was repealed by a joint act of Congress on 21 May 1838. History The Specie Circular was a reaction to the growing concerns about excessive speculations of land after the Indian removal, which was mostly done with soft currency. The sale of public lands increased five times between 1834 and 1836. Speculators paid for these purchases with depreciating paper money. While government law already demanded that land purchases be completed with specie or paper notes from specie-backed banks, a large portion of buyers used paper money from state banks not backed by hard money as a consequence of Jackson's veto of the rechartering of the Second Bank of the United States. Executive order On July 11, 1836, Jackson ordered Secretary of the Treasury Levi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United States President
The president of the United States (POTUS) is the head of state and head of government of the United States. The president directs the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces. The power of the presidency has grown since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasing role in American political life since the beginning of the 20th century, carrying over into the 21st century with some expansions during the presidencies of Franklin D. Roosevelt and George W. Bush. In modern times, the president is one of the world's most powerful political figures and the leader of the world's only remaining superpower. As the leader of the nation with the largest economy by nominal GDP, the president possesses significant domestic and international hard and soft power. For much of the 20th century, especially durin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nicholas Biddle (banker)
Nicholas Biddle (January 8, 1786February 27, 1844) was an American financier who served as the third and last president of the Second Bank of the United States (chartered 1816–1836). Throughout his life Biddle worked as an editor, diplomat, author, and politician who served in both houses of the Pennsylvania state legislature. He is best known as the chief opponent of Andrew Jackson in the Bank War. Born into the Biddle family of Philadelphia, young Nicholas worked for a number of prominent officials, including John Armstrong Jr. and James Monroe. In the Pennsylvania state legislature, he defended the utility of a national bank in the face of Jeffersonian criticisms. From 1823 to 1836, Biddle served as president of the Second Bank, during which time he exercised power over the nation's money supply and interest rates, seeking to prevent economic crises. With prodding from Henry Clay and the Bank's major stockholders, Biddle engineered a bill in Congress to renew the Bank's fed ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Specie Payment Resumption Act
The Specie Payment Resumption Act of January 14, 1875 was a law in the United States that restored the nation to the gold standard through the redemption of previously unbacked United States Notes and reversed inflationary government policies promoted directly after the American Civil War. The decision further contracted the nation's money supply and was seen by critics as an exacerbating factor of the so-called Long Depression, which struck in 1873. History Late in 1861, seeking to raise revenue for the American Civil War effort without exhausting its reserves of gold and silver, the United States federal government suspended specie payments, or the payments made in gold and silver in redemption of currency notes. Early in 1862, the United States issued legal-tender notes, called greenbacks. By war's end, a total of million in greenbacks had been issued, and authorization had been given for another million in small denominations, known as fractional currency or "shin plasters." ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Speaker Of The United States House Of Representatives
The speaker of the United States House of Representatives, commonly known as the speaker of the House or House speaker, is the Speaker (politics), presiding officer of the United States House of Representatives, the lower chamber of the United States Congress. The office was established in 1789 by Article One of the United States Constitution#Section 2: House of Representatives, Article I, Section II, of the U.S. Constitution. By custom and House rules, the speaker is the political and parliamentary leader of the House and is simultaneously its presiding officer, ''de facto'' Party leaders of the United States House of Representatives, leader of the body's majority party, and the institution's administrative head. Speakers also perform various other administrative and procedural functions. Given these many roles and responsibilities, the speaker usually does not personally preside over debatesthat duty is instead delegated to members of the House from the majority partynor regul ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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James K
James may refer to: People * James (given name) * James (surname) * James (musician), aka Faruq Mahfuz Anam James, (born 1964), Bollywood musician * James, brother of Jesus * King James (other), various kings named James * Prince James (other) * Saint James (other) Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Film and television * ''James'' (2005 film), a Bollywood film * ''James'' (2008 film), an Irish short film * ''James'' (2022 film), an Indian Kannada-language film * "James", a television episode of ''Adventure Time'' Music * James (band), a band from Manchester ** ''James'', ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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John Bell (Tennessee Politician)
John Bell (February 18, 1796September 10, 1869) was an American politician, attorney, and planter who was a candidate for President of the United States in the election of 1860. One of Tennessee's most prominent antebellum politicians,Jonathan Atkins,John Bell" ''Tennessee Encyclopedia of History and Culture'', 2009. Retrieved: October 10, 2012. Bell served in the House of Representatives from 1827 to 1841, and in the Senate from 1847 to 1859. He was Speaker of the House for the 23rd Congress (1834–1835), and briefly served as Secretary of War during the administration of William Henry Harrison (1841). In 1860, he ran for president as the candidate of the Constitutional Union Party, a third party which took a neutral stance on the issue of slavery. He won the electoral votes of three states by a slim margin. Initially an ally of Andrew Jackson, Bell turned against Jackson in the mid-1830s and aligned himself with the National Republican Party and then the Whig P ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United States House Of Representatives
The United States House of Representatives is a chamber of the Bicameralism, bicameral United States Congress; it is the lower house, with the U.S. Senate being the upper house. Together, the House and Senate have the authority under Article One of the United States Constitution, Article One of the Constitution of the United States, U.S. Constitution to pass or defeat federal legislation, known as Bill (United States Congress), bills. Those that are also passed by the Senate are sent to President of the United States, the president for signature or veto. The House's exclusive powers include initiating all revenue bills, Impeachment in the United States, impeaching federal officers, and Contingent election, electing the president if no candidate receives a majority of votes in the United States Electoral College, Electoral College. Members of the House serve a Fixed-term election, fixed term of two years, with each seat up for election before the start of the next Congress. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Georgia (US State)
Georgia is a U.S. state, state in the Southeastern United States. It borders Tennessee and North Carolina to the north, South Carolina and the Atlantic Ocean to the east, Florida to the south, and Alabama to the west. Of the List of states and territories of the United States, 50 U.S. states, Georgia is the List of U.S. states and territories by area, 24th-largest by area and List of U.S. states and territories by population, eighth most populous. According to the U.S. Census Bureau, its 2024 estimated population was 11,180,878. Atlanta, a global city, is both the state's List of capitals in the United States, capital and its largest city. The Atlanta metropolitan area, with a population greater than 6.3 million people in 2023, is the List of metropolitan statistical areas, eighth most populous metropolitan area in the United States and contains about 57% of Georgia's entire population. Other major metropolitan areas in the state include Augusta metropolitan area, Augusta, Sav ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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John Pendleton King
John Pendleton King (April 3, 1799March 19, 1888) was an attorney, planter, and politician, serving as United States Senator from Georgia. He resigned in 1837 before the end of his term to devote himself to his plantation and business, serving for nearly 40 years as president of the Georgia Railroad and Banking Company, and becoming a cotton manufacturer. He acquired large plantation holdings, and by 1860 owned 69 slaves to work the cotton fields and related trades. Early life and education Born in Glasgow, Kentucky, King moved in infancy with his parents to Bedford County, Tennessee, and then to Augusta, Georgia, in 1815. He graduated from the Academy of Richmond County in Augusta, and studied law. He was admitted to the bar in 1819 and practiced in Augusta. Marriage and family After beginning his practice, King married Mary Louise Woodward, daughter of John Woodward and wife Harriet Bixby. They had at least two daughters and a son together. Grace Sterling King married John McP ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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William C
William is a masculine given name of Germanic origin. It became popular in England after the Norman conquest in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will or Wil, Wills, Willy, Willie, Bill, Billie, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie). Female forms include Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the German given name ''Wilhelm''. Both ultimately descend from Proto-Germanic ''*Wiljahelmaz'', with a direct cognate also in the Old Norse name ''Vilhjalmr'' and a West Germanic borrowing into Medieval Latin ''Willelmus''. The Proto-Germanic name is a compound of *''wiljô'' "will, wish, desire" and *''helmaz'' "helm, helmet".Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names' ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nathaniel P
Nathaniel is an English variant of the biblical Hebrew name Nathanael. It can be a given or surname. People with the name Nathaniel Given name * Nathaniel Archibald (1952–2018), American basketball player * Nate Archibald (born 1948), American basketball player * Nathaniel Ayers (born 1951), American musician who is the subject of the 2009 film '' The Soloist'' * Nathaniel Bacon (1647–1676), Virginia colonist who instigated Bacon's Rebellion * Nathaniel P. Banks (1816–1894), American politician and American Civil War General * Nat Bates (born 1931), two-term mayor of Richmond, California * Nathaniel Bowditch (1773–1838), American mathematician, father of modern maritime navigation * Nathaniel Buzolic (born 1983), Australian actor * Nathaniel Chalobah (born 1994), English footballer * Nathaniel Clayton (1833–1895), British politician * Nat King Cole (1919–1965), American singer and musician * Nathaniel Clyne (born 1991), English footballer * Nathaniel W. De ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Locofocos
The Locofocos (also Loco Focos or Loco-focos) were a faction of the Democratic Party in American politics that existed from 1835 until the mid-1840s. History The faction, originally named the Equal Rights Party, was created in New York City as a protest against that city's regular Democratic organization, Tammany Hall. It contained a mixture of anti-Tammany Democrats and labor union veterans of the Working Men's Party, the latter of which had existed from 1828 to 1830. They were vigorous advocates of ''laissez-faire'' and opponents of monopoly. Their leading intellectual was editorial writer William Leggett. The name ''Locofoco'' derived from "''locofoco'', a kind of friction match". It originated when a group of Jacksonians used such matches to light candles to continue a political meeting after Tammany men tried to break up the meeting by turning off the gaslights. The Locofocos were involved in the Flour Riot of 1837. In February 1837, the Locofocos held a mass meeting ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |