William Smith Culbertson
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William Smith Culbertson
William Smith Culbertson (August 5, 1884 – August 12, 1966) was an American diplomat and soldier. U.S. Ambassador, Romania, 1925–1928, Chile, 1928 - 1933. Colonel, United States Army. President, United States Tariff Commission 1922 - 1925. Member, United States Tariff Commission, 1916–1922, American Bar Association, Council on Foreign Relations, American Economic Association, Phi Alpha Delta, Phi Beta Kappa. Early history He was born in Greensburg, Westmoreland County, Pennsylvania on August 5, 1884. He graduated from College of Emporia B.A. Alexander Hamilton Essay, 1910 In 1910, after graduation from the Yale Law School J.D., Culbertson's 153-page essay on Alexander Hamilton was awarded the John Addison Porter Prize. The Porter Prize is awarded by The Kingsley Trust Association ( The Scroll and Key Society) for a work of scholarship which, through original effort, gathers and relates facts and/or principles to make a product of general human interest. A review of ...
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William Smith Culbertson
William Smith Culbertson (August 5, 1884 – August 12, 1966) was an American diplomat and soldier. U.S. Ambassador, Romania, 1925–1928, Chile, 1928 - 1933. Colonel, United States Army. President, United States Tariff Commission 1922 - 1925. Member, United States Tariff Commission, 1916–1922, American Bar Association, Council on Foreign Relations, American Economic Association, Phi Alpha Delta, Phi Beta Kappa. Early history He was born in Greensburg, Westmoreland County, Pennsylvania on August 5, 1884. He graduated from College of Emporia B.A. Alexander Hamilton Essay, 1910 In 1910, after graduation from the Yale Law School J.D., Culbertson's 153-page essay on Alexander Hamilton was awarded the John Addison Porter Prize. The Porter Prize is awarded by The Kingsley Trust Association ( The Scroll and Key Society) for a work of scholarship which, through original effort, gathers and relates facts and/or principles to make a product of general human interest. A review of ...
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Massachusetts
Massachusetts (Massachusett language, Massachusett: ''Muhsachuweesut [Massachusett writing systems, məhswatʃəwiːsət],'' English: , ), officially the Commonwealth of Massachusetts, is the most populous U.S. state, state in the New England region of the Northeastern United States. It borders on the Atlantic Ocean and Gulf of Maine to the east, Connecticut and Rhode Island to the south, New Hampshire and Vermont to the north, and New York (state), New York to the west. The state's capital and List of municipalities in Massachusetts, most populous city, as well as its cultural and financial center, is Boston. Massachusetts is also home to the urban area, urban core of Greater Boston, the largest metropolitan area in New England and a region profoundly influential upon American History of the United States, history, academia, and the Economy of the United States, research economy. Originally dependent on agriculture, fishing, and trade. Massachusetts was transformed into a manuf ...
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International Trade
International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (see: World economy) In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history (for example Uttarapatha, Silk Road, Amber Road, scramble for Africa, Atlantic slave trade, salt roads), its economic, social, and political importance has been on the rise in recent centuries. Carrying out trade at an international level is a complex process when compared to domestic trade. When trade takes place between two or more states factors like currency, government policies, economy, judicial system, laws, and markets influence trade. To ease and justify the process of trade between countries of different economic standing in the modern era, some international economic organizations were formed, such as the World Trade Organization ...
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Border
Borders are usually defined as geographical boundaries, imposed either by features such as oceans and terrain, or by political entities such as governments, sovereign states, federated states, and other subnational entities. Political borders can be established through warfare, colonization, or mutual agreements between the political entities that reside in those areas; the creation of these agreements is called boundary delimitation. Some borders—such as most states' internal administrative borders, or inter-state borders within the Schengen Area—are open and completely unguarded. Most external political borders are partially or fully controlled, and may be crossed legally only at designated border checkpoints; adjacent border zones may also be controlled. Buffer zones may be setup on borders between belligerent entities to lower the risk of escalation. While ''border'' refers to the boundary itself, the area around the border is called the frontier. History In the ...
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Cordell Hull
Cordell Hull (October 2, 1871July 23, 1955) was an American politician from Tennessee and the longest-serving U.S. Secretary of State, holding the position for 11 years (1933–1944) in the administration of President Franklin Delano Roosevelt during most of World War II. Before that appointment he represented Tennessee for two years in the United States Senate and twenty-two years in the House of Representatives. Hull received the Nobel Peace Prize in 1945 for his role in establishing the United Nations, and was referred to by President Roosevelt as the "Father of the United Nations". Early life and education Cordell Hull was born in a log cabin in Olympus, Tennessee, which is now part of Pickett County, Tennessee, but was then part of Overton County. He was the third of the five sons of William Paschal Hull (1840–1923) and Mary Elizabeth Hull (née Riley) (1841–1903). His brothers were named Orestes (1868), Sanadius (1870), Wyoming (1875), and Roy (1881). Hull's fat ...
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League Of Nations
The League of Nations (french: link=no, Société des Nations ) was the first worldwide intergovernmental organisation whose principal mission was to maintain world peace. It was founded on 10 January 1920 by the Paris Peace Conference that ended the First World War. The main organization ceased operations on 20 April 1946 but many of its components were relocated into the new United Nations. The League's primary goals were stated in its Covenant. They included preventing wars through collective security and disarmament and settling international disputes through negotiation and arbitration. Its other concerns included labour conditions, just treatment of native inhabitants, human and drug trafficking, the arms trade, global health, prisoners of war, and protection of minorities in Europe. The Covenant of the League of Nations was signed on 28 June 1919 as Part I of the Treaty of Versailles, and it became effective together with the rest of the Treaty on 10 January 1920. T ...
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Economic Imperialism
The theory of imperialism refers to a range of theoretical approaches to understanding the expansion of capitalism into new areas, the unequal development of different countries, and economic systems that may lead to the dominance of some countries over others. These theories are considered distinct from other uses of the word imperialism which refer to the general tendency for empires throughout history to seek power and territorial expansion. The theory of imperialism is often associated with Marxist economics, but many theories were developed by non-Marxists. Most theories of imperialism, with the notable exception of ultra-imperialism, hold that imperialist exploitation leads to warfare, colonization, and international inequality. Early theories Marx While most theories of imperialism are associated with Marxism, Karl Marx never used the term imperialism, nor wrote about any comparable theories. However many writers have suggested that ideas integral to later theories ...
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Laissez-faire Economics
''Laissez-faire'' ( ; from french: laissez faire , ) is an economic system in which transactions between private groups of people are free from any form of economic interventionism (such as subsidies) deriving from special interest groups. As a system of thought, ''laissez-faire'' rests on the following axioms: "the individual is the basic unit in society, i.e. the standard of measurement in social calculus; the individual has a natural right to freedom; and the physical order of nature is a harmonious and self-regulating system." Another basic principle of ''laissez-faire'' holds that markets should naturally be competitive, a rule that the early advocates of ''laissez-faire'' always emphasized. With the aims of maximizing freedom by allowing markets to self-regulate, early advocates of ''laissez-faire'' proposed a ''impôt unique'', a tax on land rent (similar to Georgism) to replace all taxes that they saw as damaging welfare by penalizing production. Proponents of ''lai ...
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Open-door Policy
The Open Door Policy () is the History of United States foreign policy, United States diplomatic policy established in the late 19th and early 20th century that called for a system of equal trade and investment and to guarantee the territorial integrity of Qing dynasty, Qing China. The policy was enunciated in US Secretary of State John Hay's Open Door Note, dated September 6, 1899 and circulated to the major European powers. In order to prevent them from "carving of China like a melon," as Scramble for Africa, they were doing in Africa, the Note asked the powers to keep China open to trade with all countries on an equal basis and called upon all powers, within their sphere of influence, spheres of influence to refrain from interfering with any treaty port or any vested interest, to permit Chinese authorities to collect tariffs on an equal basis, and to show no favors to their own nationals in the matter of harbor dues or railroad charges. The policy was accepted only grudgingly ...
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Tariff
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce th ...
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Treaty
A treaty is a formal, legally binding written agreement between actors in international law. It is usually made by and between sovereign states, but can include international organizations An international organization or international organisation (see spelling differences), also known as an intergovernmental organization or an international institution, is a stable set of norms and rules meant to govern the behavior of states a ..., individuals, business entities, and other legal persons. A treaty may also be known as an international agreement, protocol, covenant, convention, pact, or exchange of letters, among other terms. However, only documents that are legally binding on the parties are considered treaties under international law. Treaties vary on the basis of obligations (the extent to which states are bound to the rules), precision (the extent to which the rules are unambiguous), and delegation (the extent to which third parties have authority to interpret, apply ...
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University Of Illinois At Urbana-Champaign
The University of Illinois Urbana-Champaign (U of I, Illinois, University of Illinois, or UIUC) is a public land-grant research university in Illinois in the twin cities of Champaign and Urbana. It is the flagship institution of the University of Illinois system and was founded in 1867. Enrolling over 56,000 undergraduate and graduate students, the University of Illinois is one of the largest public universities by enrollment in the country. The University of Illinois Urbana-Champaign is a member of the Association of American Universities and is classified among "R1: Doctoral Universities – Very high research activity". In fiscal year 2019, research expenditures at Illinois totaled $652 million. The campus library system possesses the second-largest university library in the United States by holdings after Harvard University. The university also hosts the National Center for Supercomputing Applications and is home to the fastest supercomputer on a university campus ...
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