Tag Archives: Thomas Jefferson

this day in the yesteryear: The Panic of 1837 (1837)


The Panic of 1837 (1837)

In 1836, US President Andrew Jackson issued the Specie Circular, an executive order requiring purchases of government land to be made only with gold and silver currency, or specie. A shortage of specie soon made loans harder to acquire, and the US economy suffered. When the speculative bubble burst in 1837, every bank in New York City stopped payment in specie. The Panic was followed by a nationwide depression involving record bank failures and unemployment levels. Who was blamed for the Panic? More… Discuss

Advertisements

Today In History. What Happened This Day In History


Today In History. What Happened This Day In History

A chronological timetable of historical events that occurred on this day in history. Historical facts of the day in the areas of military, politics, science, music, sports, arts, entertainment and more. Discover what happened today in history.

February 25

1570   Pope Pius V issues the bull Regnans in Excelsis which excommunicates Queen Elizabeth of England.
1601   Robert Devereux, the second Earl of Essex and former favorite of Elizabeth I, is beheaded in the Tower of London for high treason.
1642   Dutch settlers slaughter lower Hudson Valley Indians in New Netherland, North America, who sought refuge from Mohawk attackers.
1779   The British surrender the Illinois country to George Rogers Clark at Vincennes.
1781   American General Nathaniel Greene crosses the Dan River on his way to attack Cornwallis.
1791   President George Washington sign a bill creating the Bank of the United States.
1804   Thomas Jefferson is nominated for president at the Democratic-Republican caucus.
1815   Napoleon leaves his exile on the island of Elba, returning to France.
1831   The Polish army halts the Russian advance into their country at the Battle of Grochow.
1836   Samuel Colt patents the first revolving cylinder multi-shot firearm.
1862   Confederate troops abandon Nashville, Tennessee, in the face of Grant’s advance. The ironclad Monitor is commissioned at the Brooklyn Navy Yard.
1865   General Joseph E. Johnston replaces John Bell Hood as Commander of the Confederate Army of Tennessee.
1904   J.M. Synge’s play Riders to the Sea opens in Dublin.
1910   The Dalai Lama flees from the Chinese and takes refuge in India.
1919   Oregon introduces the first state tax on gasoline at one cent per gallon, to be used for road construction.
1913   The 16th Amendment to the constitution is adopted, setting the legal basis for the income tax.
1926   Poland demands a permanent seat on the League of Nations council.
1928   Bell Labs introduces a new device to end the fluttering of the television image.
1943   U.S. troops retake the Kasserine Pass in Tunisia, where they had been defeated five days before.
1944   U.S. forces destroy 135 Japanese planes in Marianas and Guam.
1952   French colonial forces evacuate Hoa Binh in Indochina.
1956   Stalin is secretly disavowed by Khrushchev at a party congress for promoting the “cult of the individual.”
1976   The U.S. Supreme Court rules that states may ban the hiring of illegal aliens.
Born on February 25
1841   Pierre Auguste Renoir, French painter and founder of the French Impressionist movement.
1856   Charles Lang Freer, U.S. art collector.
1873   Enrico Caruso, Italian opera tenor.
1888   John Foster Dulles, Secretary of State to President Eisenhower.
1894   Meher Baba, spiritual leader.
1895   Rudolf von Eschwege, German fighter ace in World War I. .
1905   Adele Davis, nutritionist.
1917   Anthony Burgess, English writer (A Clockwork Orange).

– See more at: http://www.historynet.com/today-in-history#sthash.loBfBTCZ.dpuf

quotation: I never expect to see a perfect work from imperfect man. Alexander Hamilton


I never expect to see a perfect work from imperfect man.

Alexander Hamilton (1755-1804) Discuss

today’s image Alexander Hamilton (Image: Library of Congress)



Alexander Hamilton
American patriot and statesman Alexander Hamilton, the illegitimate son of a Scottish merchant, was born on St. Croix probably on January 11, 1755. After showing remarkable promise in finance, the young Hamilton was sent by a benefactor to King’s College in New York. In 1776, Hamilton joined the Continental Army, where he soon joined George Washington’s staff. After the war, Hamilton became active in New York politics, gaining a reputation as a supporter of a strong central government. In the struggle for the ratification of the Constitution, Hamilton collaborated with James Madison and John Jay in writing the Federalist Papers, which were instrumental in the passage of the Constitution. In 1789, newly elected President George Washington named Hamilton secretary of the treasury. During his tenure, Hamilton established the National Bank, introduced an excise tax, suppressed the Whiskey Rebellion and spearheaded the effort for the federal government to assume the debts of the states. In the presidential election of 1800, Hamilton broke the deadlock between Thomas Jefferson and Aaron Burr by supporting Jefferson. The enmity between Hamilton and his longtime political enemy Burr grew worse during the 1804 campaign for governor of New York. Finally, on July 11, at Weehawken, N.J., the two men fought a duel. Hamilton was shot and died the next day of his injuries.

Image: Library of Congress

– See more at: http://www.historynet.com/picture-of-the-day#sthash.M0AXGY3A.dpuf

today’s birthday: Eli Whitney (1765)


Eli Whitney (1765)

Whitney was the inventor of the cotton gin, a mechanical device that separates cotton fiber from its seeds. His invention, which had immense economic and social ramifications, brought great wealth to many others, but little to Whitney himself. In 1798, he built a firearms factory, and his products were some of the first to have standardized, interchangeable parts. Why did Whitney’s ginning company go out of business only three years after he received his cotton gin patent? More… Discuss

quotation: A well adjusted person is one who makes the same mistake twice without getting nervous. Alexander Hamilton


A well adjusted person is one who makes the same mistake twice without getting nervous.

Alexander Hamilton (1755-1804) Discuss

quotation: Alexander Hamilton


Men often oppose a thing merely because they have had no agency in planning it, or because it may have been planned by those whom they dislike.

Alexander Hamilton (1755-1804) Discuss

Monticello


Monticello

Monticello—”little mountain” in Italian—is the estate designed and built by Thomas Jefferson, based on the classical style of Italian Renaissance architect Andrea Palladio. Located near Charlottesville, Virginia, it was Jefferson’s home for 56 years and was built on property he inherited from his father. Today, the site operates as a museum and is the only home in the US that has been designated a World Heritage Site. What forced Jefferson’s daughter to sell the estate? More… Discuss

quotation: Alexander Hamilton – Why has government been instituted at all? Because the passions of men will not conform to the dictates of reason and justice, without constraint.


Why has government been instituted at all? Because the passions of men will not conform to the dictates of reason and justice, without constraint.

Alexander Hamilton (1755-1804) Discuss

TODAY’S HOLIDAY: JEFFERSON’S BIRTHDAY


Jefferson’s Birthday

Unique among American presidents, Thomas Jefferson(1743-1826) was not only a statesman but a scholar, linguist, writer, philosopher, political theorist, architect, engineer, and farmer. In the United States, he is remembered primarily as the author in 1776 of the Declaration of Independence; he died on July 4, 1826, the 50th anniversary of the signing of the Declaration. A birthday commemoration is held each year at Monticello, Jefferson’s home in Virginia, as well as at the Jefferson Memorial on the Mallin Washington, D.C. More… Discuss

Enhanced by Zemanta

QUOTATION: Alexander Hamilton


It is essential to the idea of a law, that it be attended with a sanction; or, in other words, a penalty or punishment for disobedience.

Alexander Hamilton (1755-1804) Discuss

 

Enhanced by Zemanta

Today’s Birthday: BENJAMIN BANNEKER (1731)


Benjamin Banneker (1731)

Banneker was a free African American who was largely self-educated in astronomy and mathematics. In 1761, he drew attention by building a wooden clock that kept precise time for some 50 years. He accurately predicted a solar eclipse in 1789 and began publishing annually thePennsylvania, Delaware, Maryland, and Virginia Almanac and Ephemeris, sending an early copy to Thomas Jefferson to counter the belief that African Americans were intellectually inferior. How did Jefferson respond? More… Discuss

 

Today’s Birthday: Meriwether Lewis (1774)


Meriwether Lewis (1774)

After serving as a captain in the US army, Lewis became secretary to President Thomas Jefferson. When Congress approved a plan to find a land route to the Pacific Ocean, Jefferson selected his trusted associate, along with William Clark, to head the expedition. In 1807, Lewis was made governor of the Louisiana Territory. His sudden death—either by murder or suicide—in 1809, while on his way to Washington, DC, is still the subject of controversy. Why have requests to exhume his body been denied? More… Discuss