William Duer (1747-1799)
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William Duer (1747-1799)
William Duer (March 18, 1743 – May 7, 1799) was a British-born American jurist, developer, and financial speculator from New York City. A Federalist, Duer wrote in support of ratifying the United States Constitution as "Philo-Publius". He had earlier served in the Continental Congress and the convention that framed the New York Constitution. In 1778, he signed the United States Articles of Confederation and is one of the Founding Fathers of the United States. Duer spent most of his life as a financial speculator. In 1792, following his involvement in one of the nation's first financial panics, Duer went bankrupt and was confined to debtor's prison, where he died seven years later. Early life Duer was born in Devonshire, Great Britain, in 1743. He was the son of John Duer, a planter in Antigua in the West Indies, who kept a villa in Devon, and Frances Frye. She was the daughter of Sir Frederick Frye, who held a command in the West Indies, where she met and married Duer. Du ...
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Max Rosenthal
Max Rosenthal (November 23, 1833 – August 8, 1918) was a Polish-American painter, lithographer, draftsman and etcher. Early life Max Rosenthal was born on November 23, 1833, in Turek, Kingdom of Poland to Esther Kolsky and Wolf Rosenthal. He studied in Berlin under Professor Carl Harnisch. In 1847 he went to Paris, where he studied lithography, drawing, and painting with Martin Thurwanger, with whom he came to Philadelphia in 1849, and completed his studies. Career Rosenthal made the chromolithographic plates for what is believed to be the first fully illustrated book by this process in the United States, "Wild Scenes and Wild Hunters." In 1854 he drew and lithographed an interior view of the old Masonic temple in Philadelphia, the plate being 22 by 25 inches, the largest chromolithograph that had been made in the country up to that time. He developed the first facsimile of water colors reproduced using the lithographic process in 1858. He also invented a process of decorati ...
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Panic Of 1792
The Panic of 1792 was a financial credit crisis that occurred during the months of March and April 1792, precipitated by the expansion of credit by the newly formed Bank of the United States as well as by rampant speculation on the part of William Duer, Alexander Macomb, and other prominent bankers. Duer, Macomb, and their colleagues attempted to drive up prices of United States (U.S) debt securities and bank stocks, but when they defaulted on loans, prices fell, causing a bank run. Simultaneous tightening of credit by the Bank of the United States served to heighten the initial panic. Secretary of the Treasury Alexander Hamilton was able to deftly manage the crisis by providing banks across the Northeast United States with hundreds of thousands of dollars to make open-market purchases of securities, which allowed the market to stabilize by May 1792. Bank of the United States and the crisis of 1791 In December 1790, Hamilton called for the creation of the Bank of the United Sta ...
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Whig Party (United States)
The Whig Party was a political party in the United States during the middle of the 19th century. Alongside the slightly larger Democratic Party, it was one of the two major parties in the United States between the late 1830s and the early 1850s as part of the Second Party System. Four presidents were affiliated with the Whig Party for at least part of their terms. Other prominent members of the Whig Party include Henry Clay, Daniel Webster, Rufus Choate, William Seward, John J. Crittenden, and John Quincy Adams. The Whig base of support was centered among entrepreneurs, professionals, planters, social reformers, devout Protestants, and the emerging urban middle class. It had much less backing from poor farmers and unskilled workers. The party was critical of Manifest Destiny, territorial expansion into Texas and the Southwest, and the Mexican-American War. It disliked strong presidential power as exhibited by Jackson and Polk, and preferred Congressional dominance in lawma ...
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Royal Navy
The Royal Navy (RN) is the United Kingdom's naval warfare force. Although warships were used by English and Scottish kings from the early medieval period, the first major maritime engagements were fought in the Hundred Years' War against France. The modern Royal Navy traces its origins to the early 16th century; the oldest of the UK's armed services, it is consequently known as the Senior Service. From the middle decades of the 17th century, and through the 18th century, the Royal Navy vied with the Dutch Navy and later with the French Navy for maritime supremacy. From the mid 18th century, it was the world's most powerful navy until the Second World War. The Royal Navy played a key part in establishing and defending the British Empire, and four Imperial fortress colonies and a string of imperial bases and coaling stations secured the Royal Navy's ability to assert naval superiority globally. Owing to this historical prominence, it is common, even among non-Britons, to ref ...
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Albany, New York
Albany ( ) is the capital of the U.S. state of New York, also the seat and largest city of Albany County. Albany is on the west bank of the Hudson River, about south of its confluence with the Mohawk River, and about north of New York City. The city is known for its architecture, commerce, culture, institutions of higher education, and rich history. It is the economic and cultural core of the Capital District of the State of New York, which comprises the Albany–Schenectady–Troy Metropolitan Statistical Area, including the nearby cities and suburbs of Troy, Schenectady, and Saratoga Springs. With an estimated population of 1.1 million in 2013, the Capital District is the third most populous metropolitan region in the state. As of 2020, Albany's population was 99,224. The Hudson River area was originally inhabited by Algonquian-speaking Mohican (Mahican), who called it ''Pempotowwuthut-Muhhcanneuw''. The area was settled by Dutch colonists who, in 1614, built Fort ...
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Hudson River
The Hudson River is a river that flows from north to south primarily through eastern New York. It originates in the Adirondack Mountains of Upstate New York and flows southward through the Hudson Valley to the New York Harbor between New York City and Jersey City, eventually draining into the Atlantic Ocean at Lower New York Bay. The river serves as a political boundary between the states of New Jersey and New York at its southern end. Farther north, it marks local boundaries between several New York counties. The lower half of the river is a tidal estuary, deeper than the body of water into which it flows, occupying the Hudson Fjord, an inlet which formed during the most recent period of North American glaciation, estimated at 26,000 to 13,300 years ago. Even as far north as the city of Troy, the flow of the river changes direction with the tides. The Hudson River runs through the Munsee, Lenape, Mohican, Mohawk, and Haudenosaunee homelands. Prior to European ...
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Philip Schuyler
Philip John Schuyler (; November 18, 1804) was an American general in the Revolutionary War and a United States Senator from New York. He is usually known as Philip Schuyler, while his son is usually known as Philip J. Schuyler. Born in Albany, Province of New York, into the prosperous Schuyler family, Schuyler fought in the French and Indian War. He won election to the New York General Assembly in 1768 and to the Continental Congress in 1775. He planned the Continental Army's 1775 Invasion of Quebec, but poor health forced him to delegate command of the invasion to Richard Montgomery. He prepared the Continental Army's defense of the 1777 Saratoga campaign, but was replaced by General Horatio Gates as the commander of Continental forces in the theater. Schuyler resigned from the Continental Army in 1779. Schuyler served in the New York State Senate for most of the 1780s and supported the ratification of the United States Constitution. He represented New York in the 1st Unit ...
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Dominica
Dominica ( or ; Kalinago: ; french: Dominique; Dominican Creole French: ), officially the Commonwealth of Dominica, is an island country in the Caribbean. The capital, Roseau, is located on the western side of the island. It is geographically situated as part of the Windward Islands chain in the Lesser Antilles archipelago in the Caribbean Sea. Dominica's closest neighbours are two constituent territories of the European Union, the overseas departments of France, Guadeloupe to the northwest and Martinique to the south-southeast. Dominica comprises a land area of , and the highest point is Morne Diablotins, at in elevation. The population was 71,293 at the 2011 census. The island was settled by the Arawak arriving from South America in the fifth century. The Kalinago displaced the Arawak by the 15th century. Columbus is said to have passed the island on Sunday, 3 November 1493. It was later colonised by Europeans, predominantly by the French from the 1690s to 1763. The Frenc ...
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Robert Clive
Robert Clive, 1st Baron Clive, (29 September 1725 – 22 November 1774), also known as Clive of India, was the first British Governor of the Bengal Presidency. Clive has been widely credited for laying the foundation of the British East India Company rule in Bengal. He began as a writer (the term used then in India for an office clerk) for the East India Company (EIC) in 1744 and established Company rule in Bengal by winning the Battle of Plassey in 1757. In return for supporting the Nawab Mir Jafar as ruler of Bengal, Clive was granted a jagir of £30,000 () per year which was the rent the EIC would otherwise pay to the Nawab for their tax-farming concession. When Clive left India he had a fortune of £180,000 () which he remitted through the Dutch East India Company. Blocking impending French mastery of India, Clive improvised a 1751 military expedition that ultimately enabled the EIC to adopt the French strategy of indirect rule via puppet government. Hired ...
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West Indies
The West Indies is a subregion of North America, surrounded by the North Atlantic Ocean and the Caribbean Sea that includes 13 independent island countries and 18 dependencies and other territories in three major archipelagos: the Greater Antilles, the Lesser Antilles, and the Lucayan Archipelago. The subregion includes all the islands in the Antilles, plus The Bahamas and the Turks and Caicos Islands, which are in the North Atlantic Ocean. Nowadays, the term West Indies is often interchangeable with the term Caribbean, although the latter may also include some Central and South American mainland nations which have Caribbean coastlines, such as Belize, French Guiana, Guyana, and Suriname, as well as the Atlantic island nations of Barbados, Bermuda, and Trinidad and Tobago, all of which are geographically distinct from the three main island groups, but culturally related. Origin and use of the term In 1492, Christopher Columbus became the first European to record his arri ...
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Antigua
Antigua ( ), also known as Waladli or Wadadli by the native population, is an island in the Lesser Antilles. It is one of the Leeward Islands in the Caribbean region and the main island of the country of Antigua and Barbuda. Antigua and Barbuda became an independent state within the Commonwealth of Nations on 1 November 1981. ''Antigua'' means "ancient" in Spanish after an icon in Seville Cathedral, "" — St. Mary of the Old Cathedral.Kessler, Herbert L. & Nirenberg, David. Judaism and Christian Art: Aesthetic Anxieties from the Catacombs to Colonialism'' Accessed 23 September 2011. The name ''Waladli'' comes from the indigenous inhabitants and means approximately "our own". The island's perimeter is roughly and its area . Its population was 83,191 (at the 2011 Census). The economy is mainly reliant on tourism, with the agricultural sector serving the domestic market. Over 22,000 people live in the capital city, St. John's. The capital is situated in the north-west ...
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