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Specie Circular
The Specie Circular is a United States presidential executive order issued by President Andrew Jackson in 1836 pursuant to the Coinage Act. It required payment for government land to be in gold and silver. 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 Woodbury to issue the Specie Circular under federal law whereby the government refused t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States President
The president of the United States (POTUS) is the head of state and head of government of the United States of America. 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 substantially since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasingly strong role in American political life since the beginning of the 20th century, with a notable expansion during the presidency of Franklin D. Roosevelt. In contemporary times, the president is also looked upon as one of the world's most powerful political figures as the leader of the only remaining global 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. Article II of the Constitution establish ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Hart Benton (senator)
Thomas Hart Benton (March 14, 1782April 10, 1858), nicknamed "Old Bullion", was a United States Senator from Missouri. A member of the Democratic Party, he was an architect and champion of westward expansion by the United States, a cause that became known as Manifest Destiny. Benton served in the Senate from 1821 to 1851, becoming the first member of that body to serve five terms. Benton was born in Harts Mill, Orange County, North Carolina. After graduating from the University of North Carolina, he established a law practice and plantation near Nashville, Tennessee. He served as an aide to General Andrew Jackson during the War of 1812 and settled in St. Louis, Missouri, after the war. Missouri became a state in 1821, and Benton won election as one of its inaugural pair of United States Senators. The Democratic-Republican Party fractured after 1824, and Benton became a Democratic leader in the Senate, serving as an important ally of President Jackson and President Martin Van Bur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic History Of The United States
The economic history of the United States is about characteristics of and important developments in the U.S. economy from colonial times to the present. The emphasis is on productivity and economic performance and how the economy was affected by new technologies, the change of size in economic sectors and the effects of legislation and government policy. Specialized business history is covered in American business history. Colonial economy The colonial economy was characterized by an abundance of land and natural resources and a severe scarcity of labor. This was the opposite of Europe and attracted immigrants despite the high death rate caused by New World diseases. From 1700 to 1774 the output of the thirteen colonies increased 12-fold, giving the colonies an economy about 30% the size of Britain's at the time of independence. Population growth was responsible for over three-quarters of the economic growth of the British American colonies. The free white population had th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1836 In Law
Events January–March * January 1 – Queen Maria II of Portugal marries Prince Ferdinand Augustus Francis Anthony of Saxe-Coburg-Gotha. * January 5 – Davy Crockett arrives in Texas. * January 12 ** , with Charles Darwin on board, reaches Sydney. ** Will County, Illinois, is formed. * February 8 – London and Greenwich Railway opens its first section, the first railway in London, England. * February 16 – A fire at the Lahaman Theatre in Saint Petersburg kills 126 people."Fires, Great", in ''The Insurance Cyclopeadia: Being an Historical Treasury of Events and Circumstances Connected with the Origin and Progress of Insurance'', Cornelius Walford, ed. (C. and E. Layton, 1876) p76 * February 23 – Texas Revolution: The Battle of the Alamo begins, with an American settler army surrounded by the Mexican Army, under Santa Anna. * February 25 – Samuel Colt receives a United States patent for the Colt revolver, the first revolving barrel multishot firearm. * March ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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." T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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, is the presiding officer of the United States House of Representatives. The office was established in 1789 by Article I, Section 2 of the U.S. Constitution. The speaker is the political and parliamentary leader of the House and is simultaneously its presiding officer, ''de facto'' leader of the body's majority party, and the institution's administrative head. Speakers also perform various other administrative and procedural functions. Given these several roles and responsibilities, the speaker usually does not personally preside over debates. That duty is instead delegated to members of the House from the majority party. Nor does the speaker regularly participate in floor debates. The Constitution does not require the speaker to be an incumbent member of the House of Representatives, although every speaker thus far has been. The speaker is second in the United States president ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James K
James is a common English language surname and given name: *James (name), the typically masculine first name James * James (surname), various people with the last name James James or James City may also refer to: People * King James (other), various kings named James * Saint James (other) * James (musician) * James, brother of Jesus 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 Arts, entertainment, and media * ''James'' (2005 film), a Bollywood film * ''James'' (2008 film), an Irish short film * ''James'' (2022 film), an Indian Kannada-language film * James the Red Engine, a character in ''Thomas the Tank En ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. and won the electoral votes of three states. 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 Party, a shift that ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States House Of Representatives
The United States House of Representatives, often referred to as the House of Representatives, the U.S. House, or simply the House, is the Lower house, lower chamber of the United States Congress, with the United States Senate, Senate being the Upper house, upper chamber. Together they comprise the national Bicameralism, bicameral legislature of the United States. The House's composition was established by Article One of the United States Constitution. The House is composed of representatives who, pursuant to the Uniform Congressional District Act, sit in single member List of United States congressional districts, congressional districts allocated to each U.S. state, state on a basis of population as measured by the United States Census, with each district having one representative, provided that each state is entitled to at least one. Since its inception in 1789, all representatives have been directly elected, although universal suffrage did not come to effect until after ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Georgia (US State)
Georgia is a state in the Southeastern region of the United States, bordered to the north by Tennessee and North Carolina; to the northeast by South Carolina; to the southeast by the Atlantic Ocean; to the south by Florida; and to the west by Alabama. Georgia is the 24th-largest state in area and 8th most populous of the 50 United States. Its 2020 population was 10,711,908, according to the U.S. Census Bureau. Atlanta, a " beta(+)" global city, is both the state's capital and its largest city. The Atlanta metropolitan area, with a population of more than 6 million people in 2020, is the 9th most populous metropolitan area in the United States and contains about 57% of Georgia's entire population. Founded in 1732 as the Province of Georgia and first settled in 1733, Georgia became a British royal colony in 1752. It was the last and southernmost of the original Thirteen Colonies to be established. Named after King George II of Great Britain, the Georgia Colony covered t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 McPh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William C
William is a male given name of Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England 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, Wills, Willy, Willie, Bill, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play ''Douglas''). Female forms are Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚᛗᚨᛉ, ''*Wiljahelmaz'' > German ''Wilhelm'' and Old Norse ᚢᛁᛚᛋᛅᚼᛅᛚᛘᛅᛋ, ''Vilhjálmr''). By regular sound changes, the native, inherited English form of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
