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Thomas B. McCabe
Thomas Bayard McCabe (July 11, 1893 – May 27, 1982) was an American businessman who served as the 8th chairman of the Federal Reserve from 1948 to 1951. McCabe also served as president and CEO of Scott Paper Company for 39 years. Background The youngest of five children, Thomas Bayard McCabe was born on July 11, 1893 to William Robbins McCabe and Beulah Whaley in Whaleyville, Maryland. According to family records, his paternal ancestors were early pioneers of Selbyville, Delaware, dating as far back as the late 1700s. By 1837, Thomas's great-great-great grandfather, Arthur McCabe, owned what was then all of Selbyville. His grandfather, William S. McCabe was involved in the local mercantile business for over 50 years. When McCabe's father came of age, the firm William S. McCabe & Son was formed and became one of the leading business firms in Sussex County, Delaware. His father later founded and served as the first president of the Selbyville Bank as well as a banking and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chair Of The Federal Reserve
The chair of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve, and is the active executive officer of the Board of Governors of the Federal Reserve System. The chair shall preside at the meetings of the Board. The chair serves a four-year term after being nominated by the President of the United States and confirmed by the United States Senate; the officeholder serves concurrently as member of the Board of Governors. The chair may serve multiple terms, pending a new nomination and confirmation at the end of each term, with William McChesney Martin as the longest serving chair from 1951 to 1970 and Alan Greenspan as a close second. The chairs cannot be dismissed by the president before the end of their term. The current chair is Jerome Powell, who was sworn in on February 5, 2018. He was nominated to the position by President Donald Trump on November 2, 2017, and later confirmed by the Senate. He was subsequently nominated to a second term b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sussex County, Delaware
Sussex County is located in the southern part of the U.S. state of Delaware, on the Delmarva Peninsula. As of the 2020 census, the population was 237,378. The county seat is Georgetown. The first European settlement in the state of Delaware was founded by the Dutch in 1631 near the present-day town of Lewes on the Atlantic Coast. However, Sussex County was not organized until 1683 under English colonial rule. Sussex County is included in the Salisbury, MD-DE Metropolitan Statistical Area which encompasses much of central Delmarva. History Beginnings Archaeologists estimate that the first inhabitants of Sussex County, the southernmost county in Delaware, arrived between 10,000 and 14,000 years ago. Various indigenous cultures occupied the area, especially along the river and the coast, often having seasonal fishing villages. Historic Native Americans in Sussex County were members of Algonquian-speaking tribes, as were most coastal peoples along the Atlantic Coast. By the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dwight D
Dwight may refer to: People * Dwight (given name) * Dwight D. Eisenhower (1890–1969), 34th president of the United States and former military officer *New England Dwight family of American educators, military and political leaders, and authors * Ed Dwight (born 1933), American test pilot, participated in astronaut training program * Mabel Dwight (1875–1955), American artist * Elton John (born Reginald Dwight in 1947), English singer, songwriter and musician Places Canada * Dwight, Ontario, village in the township of Lake of Bays, Ontario United States * Dwight (neighborhood), part of an historic district in New Haven, Connecticut * Dwight, Illinois, village in Livingston and Grundy counties * Dwight, Kansas, city in Morris County * Dwight, Michigan, an unincorporated community * Dwight, Nebraska, village in Butler County * Dwight, North Dakota, city in Richland County * Dwight Township, Livingston County, Illinois * Dwight Township, Michigan Institutions * Dwight Correctional ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Committee For Economic Development
The Committee for Economic Development of The Conference Board (CED) is an American nonprofit and nonpartisan public policy think tank. The board of trustees consist primarily of senior corporate executives from a range of U.S. industries and sectors. The organization has been credited with helping to create the Marshall Plan. History According to ''Fortune'' the organization "originated in the Commerce Department" in 1942 and was created to encourage collaborative research among business leaders, economists, and New Deal politicians "to promote free enterprise and full employment, paying particular attention to the needs of small business". The first business leaders on board were Paul G. Hoffman, president of Studebaker Corporation; William Benton, co-founder of Benton & Bowles advertising firm; and Marion B. Folsom, treasurer of Eastman Kodak Company. CED was first formed to help the U.S. economy transition from a wartime to peacetime economy. At the end of World Wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1951 Accord
This article is about the history of the United States Federal Reserve System from its creation to the present. Central banking prior to the Federal Reserve The Federal Reserve System is the third central banking system in United States history. The First Bank of the United States (1791–1811) and the Second Bank of the United States (1817–1836) each had a 20-year charter. Both banks issued currency, made commercial loans, accepted deposits, purchased securities, maintained multiple branches and acted as fiscal agents for the U.S. Treasury. The U.S. Federal Government was required to purchase 20% of the bank capital stock shares and to appoint 20% of the board members (directors) of each of those first two banks "of the United States." Therefore, each bank's majority control was placed squarely in the hands of wealthy investors who purchased the remaining 80% of the stock. These banks were opposed by state-chartered banks, who saw them as very large competitors, and by man ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Medal For Merit
The Medal for Merit was, during the period it was awarded, the highest civilian decoration of the United States. It was awarded by the President of the United States to civilians who "distinguished themselves by exceptionally meritorious conduct in the performance of outstanding services" in the war effort "since the proclamation of an emergency by the President on September 8, 1939". Awards to civilians of foreign nations were eligible "only for the performance of exceptionally meritorious or courageous act or acts in furtherance of the war efforts of the United Nations." The medal is made of gold-finished bronze and enamel and is worn on the left chest from a ribbon. History The Medal for Merit was created by Public Law 77-671 and its awarding codified by Executive Order 9286 - Medal for Merit on , later amended and restated by Executive Order 9857A of . Created during World War II, and awarded to "civilians of the nations prosecuting the war under the joint declaration of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
War Production Board
The War Production Board (WPB) was an agency of the United States government that supervised war production during World War II. President Franklin D. Roosevelt established it in January 1942, with Executive Order 9024. The WPB replaced the Supply Priorities and Allocations Board and the Office of Production Management. The WPB directed conversion of companies engaged in activities relevant to war from peacetime work to war needs, allocated scarce materials, established priorities in the distribution of materials and services, and prohibited nonessential production. It rationed such commodities as gasoline, heating oil, metals, rubber, paper, and plastics. It was dissolved shortly after the Surrender of Japan, defeat of Japan in 1945 and was replaced by the Civilian Production Administration in late 1945. In 1942–1945, WPB supervised the production of $183 billion (equivalent to $ in ) worth of weapons and supplies, about 40 percent of the world output of munitions. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lend-Lease
Lend-Lease, formally the Lend-Lease Act and introduced as An Act to Promote the Defense of the United States (), was a policy under which the United States supplied the United Kingdom, the Soviet Union and other Allied nations with food, oil, and materiel between 1941 and 1945. It was given on the basis that such help was essential for the defense of the United States; this aid included warships and warplanes, along with other weaponry. It was signed into law on March 11, 1941, and ended on September 20, 1945. In general, the aid was free, although some hardware (such as ships) were returned after the war. Canada, already a belligerent, supplemented its aid to Great Britain with a similar, smaller program called Mutual Aid. A total of $50.1 billion (equivalent to $ in ) worth of supplies was shipped, or 17% of the total war expenditures of the U.S. In all, $31.4 billion went to the United Kingdom, $11.3 billion to the Soviet Union, $3.2 billion to France, $1.6 billion to Chin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franklin D
Franklin may refer to: People * Franklin (given name) * Franklin (surname) * Franklin (class), a member of a historical English social class Places Australia * Franklin, Tasmania, a township * Division of Franklin, federal electoral division in Tasmania * Division of Franklin (state), state electoral division in Tasmania * Franklin, Australian Capital Territory, a suburb in the Canberra district of Gungahlin * Franklin River, river of Tasmania * Franklin Sound, waterway of Tasmania Canada * District of Franklin, a former district of the Northwest Territories * Franklin, Quebec, a municipality in the Montérégie region * Rural Municipality of Franklin, Manitoba * Franklin, Manitoba, an unincorporated community in the Rural Municipality of Rosedale, Manitoba * Franklin Glacier Complex, a volcano in southwestern British Columbia * Franklin Range, a mountain range on Vancouver Island, British Columbia * Franklin River (Vancouver Island), British Columbia * Franklin Strai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA program, management-related doctoral programs, and many executive education programs. It owns Harvard Business Publishing, which publishes business books, leadership articles, case studies, and the monthly ''Harvard Business Review''. It is also home to the Baker Library/Bloomberg Center. History The school was established in 1908. Initially established by the humanities faculty, it received independent status in 1910, and became a separate administrative unit in 1913. The first dean was historian Edwin Francis Gay (1867–1946). Yogev (2001) explains the original concept: :This school of business and public administration was originally conceived as a school for diplomacy and government service on the model of the French '' Ecole des S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delta Upsilon
Delta Upsilon (), commonly known as DU, is a collegiate men's fraternity founded on November 4, 1834 at Williams College in Williamstown, Massachusetts. It is the sixth-oldest, all-male, college Greek Letter Organizations#Greek letters, Greek-letter organization founded in North America (only Kappa Alpha Society, Sigma Phi, Delta Phi, Alpha Delta Phi, and Psi Upsilon predate). It is popularly and informally known as "DU" or "Delta U" and its members are called "DUs". Although historically found on the campuses of small New England private universities, Delta Upsilon currently has 76 chapters/colonies across the United States and Canada. A number of its buildings are listed on the National Register of Historic Places. In 2013, ''Business Insider'' named Delta Upsilon one of the "17 Fraternities with Top Wall Street Alumni". Notable members include President of the United States James A. Garfield, president of Colombia Juan Manuel Santos, Canadian prime minister Lester B. Pearson, L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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