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Aaron Clark
Aaron Clark (October 16, 1787 – August 2, 1861) was an American politician who became the second popularly elected Mayor of New York, serving two one-year terms from 1837 to 1839. He was a member of the Whig Party. Early life Clark was born in Worthington, Massachusetts. He grew up in Pawlet, Vermont, attended Union College in Schenectady, New York, and fought in the War of 1812. Political career After the war, Clark moved to Albany, New York, and was Clerk of the New York State Assembly from 1814 to 1820. Afterwards he removed to New York City where he worked in banking, ran a lottery, and became involved in local politics. He served as alderman, a powerful position in the charged political climate of the city. He was elected mayor in 1837 and 1838 for one year terms, and was defeated in 1839. Election of 1837 The main event of that year was the financial Panic of 1837, in which the economy collapsed following several years of boom. New York real estate values plummeted. Man ...
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Mayor Of New York City
The mayor of New York City, officially Mayor of the City of New York, is head of the executive branch of the government of New York City and the chief executive of New York City. The mayor's office administers all city services, public property, police and fire protection, most public agencies, and enforces all city and state laws within New York City. The budget, overseen by New York City Mayor's Office of Management and Budget, is the largest municipal budget in the United States, totaling $100.7 billion in fiscal year 2021. The City employs 325,000 people, spends about $21 billion to educate more than 1.1 million students (the largest public school system in the United States), and levies $27 billion in taxes. It receives $14 billion from the state and federal governments. The mayor's office is located in New York City Hall; it has jurisdiction over all five boroughs of New York City: Manhattan, Brooklyn, the Bronx, Staten Island and Queens. The mayor appoints numerous ...
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Lottery
A lottery is a form of gambling that involves the drawing of numbers at random for a prize. Some governments outlaw lotteries, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of regulation of lottery by governments. The most common regulation is prohibition of sale to minors, and vendors must be licensed to sell lottery tickets. Although lotteries were common in the United States and some other countries during the 19th century, by the beginning of the 20th century, most forms of gambling, including lotteries and sweepstakes, were illegal in the U.S. and most of Europe as well as many other countries. This remained so until well after World War II. In the 1960s, casinos and lotteries began to re-appear throughout the world as a means for governments to raise revenue without raising taxes. Lotteries come in many formats. For example, the prize can be a fixed amount of cash or goods. In this format, there is ri ...
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Hard Times
Hard may refer to: * Hardness, resistance of physical materials to deformation or fracture * Hard water, water with high mineral content Arts and entertainment * ''Hard'' (TV series), a French TV series * Hard (band), a Hungarian hard rock supergroup * Hard (music festival), in the U.S. * ''Hard'' (EP), Goodbye Mr Mackenzie, 1993 * ''Hard'' (Brainpower album), 2008 * ''Hard'' (Gang of Four album), 1983 * ''Hard'' (Jagged Edge album), 2003 * "Hard" (song), a 2009 song by Rihanna * "Hard", a song by Royce da 5'9" from the 2016 album ''Layers'' * "Hard", a song by Why Don't We from the 2018 album '' 8 Letters'' * ''Hard'', a 2017 EP from the band The Neighbourhood *"Hard", a song by Sophie from the 2015 compilation album ''Product'' Places * Hard, Austria * Hard (Zürich), Switzerland Other uses * Hard (surname) * Nickname of Masaki Sumitani ( HardGay / HardoGay ) * Hard (nautical), a beach or slope convenient for hauling out vessels * Hard (video game player), Antho ...
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John J
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * ...
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Tammany Hall
Tammany Hall, also known as the Society of St. Tammany, the Sons of St. Tammany, or the Columbian Order, was a New York City political organization founded in 1786 and incorporated on May 12, 1789 as the Tammany Society. It became the main local political machine of the Democratic Party, and played a major role in controlling New York City and New York State politics and helping immigrants, most notably the Irish, rise in American politics from the 1790s to the 1960s. It typically controlled Democratic Party nominations and political patronage in Manhattan after the mayoral victory of Fernando Wood in 1854, and used its patronage resources to build a loyal, well-rewarded core of district and precinct leaders; after 1850 the vast majority were Irish Catholics due to mass immigration from Ireland during and after the Irish Famine. The Tammany Society emerged as the center of Democratic-Republican Party politics in the city in the early 19th century. After 1854, the Society e ...
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Moses Jacques
Moses hbo, מֹשֶׁה, Mōše; also known as Moshe or Moshe Rabbeinu ( Mishnaic Hebrew: מֹשֶׁה רַבֵּינוּ, ); syr, ܡܘܫܐ, Mūše; ar, موسى, Mūsā; grc, Mωϋσῆς, Mōÿsēs () is considered the most important prophet in Judaism and one of the most important prophets in Christianity, Islam, the Druze faith, the Baháʼí Faith and other Abrahamic religions. According to both the Bible and the Quran, Moses was the leader of the Israelites and lawgiver to whom the authorship, or "acquisition from heaven", of the Torah (the first five books of the Bible) is attributed. According to the Book of Exodus, Moses was born in a time when his people, the Israelites, an enslaved minority, were increasing in population and, as a result, the Egyptian Pharaoh worried that they might ally themselves with Egypt's enemies. Moses' Hebrew mother, Jochebed, secretly hid him when Pharaoh ordered all newborn Hebrew boys to be killed in order to reduce the population ...
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Monopoly
A monopoly (from Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterized by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business ...
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Laissez-faire
''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 ' ...
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Locofocos
The Locofocos (also Loco Focos or Loco-focos) were a faction of the Democratic Party in American politics that existed from 1835 until the mid-1840s. History The faction, originally named the Equal Rights Party, was created in New York City as a protest against that city's regular Democratic organization ("Tammany Hall"). It contained a mixture of anti-Tammany Democrats and labor union veterans of the Working Men's Party, the latter of which had existed from 1828 to 1830. They were vigorous advocates of ''laissez-faire'' and opponents of monopoly. Their leading intellectual was editorial writer William Leggett. The name "Locofoco" derived from "''locofoco'', a kind of friction match". It originated when a group of New York Jacksonians used such matches to light candles to continue a political meeting after Tammany men tried to break up the meeting by turning off the gaslights. The Locofocos were involved in the Flour Riot of 1837. In February 1837, the Locofocos held a mass ...
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Broadway (Manhattan)
Broadway () is a road in the U.S. state of New York. Broadway runs from State Street at Bowling Green for through the borough of Manhattan and through the Bronx, exiting north from New York City to run an additional through the Westchester County municipalities of Yonkers, Hastings-On-Hudson, Dobbs Ferry, Irvington, and Tarrytown, and terminating north of Sleepy Hollow.There are four other streets named "Broadway" in New York City's remaining three boroughs: one each in Brooklyn ( see main article) and Staten Island, and two in Queens (one running from Astoria to Elmhurst, and the other in Hamilton Beach). Each borough therefore has a street named "Broadway". See also from Forgotten NY: Broadway in the Bronx, Page 1anPage 2Broadway in Queens, Page 1anPage 2Broadway in Staten Island It is the oldest north–south main thoroughfare in New York City, with much of the current street beginning as the Wickquasgeck trail before the arrival of Europeans. This formed ...
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Internal Improvements
Internal improvements is the term used historically in the United States for public works from the end of the American Revolution through much of the 19th century, mainly for the creation of a transportation infrastructure: roads, turnpikes, canals, harbors and navigation improvements.Review by Tom Review of John Lauritz Larson's Internal Improvement: National Public Works and the Promise of Popular Government in the Early United States', University of North Carolina Press, 2001. . This older term carries the connotation of a political movement that called for the exercise of public spirit as well as the search for immediate economic gain. Improving the country's natural advantages by developments in transportation was, in the eyes of George Washington and many others, a duty incumbent both on governments and on individual citizens. Background While the need for inland transportation improvements was universally recognized, there were great differences over the questions of how th ...
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Boom And Bust
Business cycles are intervals of expansion followed by recession in economic activity. These changes have implications for the welfare of the broad population as well as for private institutions. Typically business cycles are measured by examining trends in a broad economic indicator such as Real Gross Domestic Production. Business cycle fluctuations are usually characterized by general upswings and downturns in a span of macroeconomic variables. The individual episodes of expansion/recession occur with changing duration and intensity over time. Typically their periodicity has a wide range from around 2 to 10 years (the technical phrase "stochastic cycle" is often used in statistics to describe this kind of process.) As in arvey, Trimbur, and van Dijk, 2007, ''Journal of Econometrics'' such flexible knowledge about the frequency of business cycles can actually be included in their mathematical study, using a Bayesian statistical paradigm. There are numerous sources of busines ...
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