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Clinton L. Bardo
Clinton L. Bardo (1868 – 1937) was an American industrialist whose career included stints as general manager of the New York, New Haven and Hartford Railroad and president of New York Shipbuilding Corporation, New York Shipbuilding. As president of the National Association of Manufacturers (NAM) from 1934 to 1935, he became an outspoken opponent of U.S. President Franklin D. Roosevelt's New Deal. Railroad industry Bardo joined the Pennsylvania Railroad as a 17-year-old telegrapher in 1885, and spent the next four decades in the employ of the Pennsy, the Lehigh Valley Railroad, New York Central, and the New Haven. In February 1913, he became general manager of the New Haven, which through the acquisition of nearly 100 smaller railroads had become the dominant road in New England. He held the title of general manager or assistant to the president of the railroad until his resignation in 1925. His tenure spanned the investigation into two fatal train wrecks in 1913 and the 1922-23 ...
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New York, New Haven And Hartford Railroad
The New York, New Haven and Hartford Railroad , commonly known as The Consolidated, or simply as the New Haven, was a railroad that operated in the New England region of the United States from 1872 to December 31, 1968. Founded by the merger of the New York and New Haven Railroad, New York and New Haven and Hartford and New Haven Railroad, Hartford and New Haven railroads, the company had near-total dominance of railroad traffic in Southern New England for the first half of the 20th century. Beginning in the 1890s and accelerating in 1903, New York banker J. P. Morgan sought to monopolize New England transportation by arranging the NH's acquisition of 50 companies, including other railroads and steamship lines, and building a network of electrified trolley lines that provided interurban transportation for all of southern New England. By 1912, the New Haven operated more than of track, with 120,000 employees, and practically monopolized traffic in a wide swath from Boston to New ...
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New York Shipbuilding Corporation
The New York Shipbuilding Corporation (or New York Ship for short) was an American shipbuilding company that operated from 1899 to 1968, ultimately completing more than 500 vessels for the U.S. Navy, the United States Merchant Marine, the United States Coast Guard, and other maritime concerns. At its peak during World War II, NYSB was the largest and most productive shipyard in the world. Its best-known vessels include the destroyer , the cruiser , the aircraft carrier , the nuclear-powered cargo ship , and a quartet of cargo-passenger liners nicknamed the ''Four Aces (passenger liners), Four Aces''. History It was founded in 1899 by Henry G. Morse (1850–2 June 1903),Not to be confused with architect Henry Grant Morse, Jr. (1884 – May 28, 1934). an engineer noted in connection with bridge design and construction and senior partner of Morse Bridge Company. The original plan was to build a shipyard on Staten Island, thus the name of the company. Plans to acquire a site failed a ...
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National Association Of Manufacturers
The National Association of Manufacturers (NAM) is an advocacy group headquartered in Washington, D.C., with additional offices across the United States. It is the nation's largest manufacturing industrial trade association, representing 14,000 small and large manufacturing companies in every industrial sector and in all 50 states. Jay Timmons has led the organization as President and CEO since 2011. A 2018 ''Business Insider'' article described the NAM as "a behemoth in the US capital, receiving unfettered access to the White House and top lawmakers on Capitol Hill." In 2018, House Ways and Means Chairman Kevin Brady commented that passage of the Tax Cuts and Jobs Act would not have happened without leadership from the National Association of Manufacturers. Policy issues The NAM's policy issue work is focused in the areas of labor, employment, health care, energy, corporate finance, tax, bilateral trade, multilateral trade, export controls, technology, regulatory and infrastru ...
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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 * Fr ...
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New Deal
The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939. Major federal programs agencies included the Civilian Conservation Corps (CCC), the Works Progress Administration (WPA), the Civil Works Administration (CWA), the Farm Security Administration (FSA), the National Industrial Recovery Act of 1933 (NIRA) and the Social Security Administration (SSA). They provided support for farmers, the unemployed, youth, and the elderly. The New Deal included new constraints and safeguards on the banking industry and efforts to re-inflate the economy after prices had fallen sharply. New Deal programs included both laws passed by Congress as well as presidential executive orders during the first term of the presidency of Franklin D. Roosevelt. The programs focused on what historians refer to as the "3 R's": relief for the unemployed and for the poor, recove ...
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Pennsylvania Railroad
The Pennsylvania Railroad (reporting mark PRR), legal name The Pennsylvania Railroad Company also known as the "Pennsy", was an American Class I railroad that was established in 1846 and headquartered in Philadelphia, Pennsylvania. It was named for the commonwealth in which it was established. By 1882, Pennsylvania Railroad had become the largest railroad (by traffic and revenue), the largest transportation enterprise, and the largest corporation in the world. Its budget was second only to the U.S. government. Over the years, it acquired, merged with, or owned part of at least 800 other rail lines and companies. At the end of 1926, it operated of rail line;This mileage includes companies independently operated. PRR miles of all tracks, which includes first (or main), second, third, fourth, and sidings, totalled 28,040.49 at the end of 1926. in the 1920s, it carried nearly three times the traffic as other railroads of comparable length, such as the Union Pacific and Atchison, T ...
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Lehigh Valley Railroad
The Lehigh Valley Railroad was a railroad built in the Northeastern United States to haul anthracite coal from the Coal Region in Pennsylvania. The railroad was authorized on April 21, 1846 for freight and transportation of passengers, goods, wares, merchandise and minerals in Pennsylvania and the railroad was incorporated and established on September 20, 1847 as the Delaware, Lehigh, Schuylkill and Susquehanna Railroad Company. On January 7, 1853, the railroad's name was changed to Lehigh Valley Railroad. It was sometimes known as the Route of the Black Diamond, named after the anthracite it transported. At the time, anthracite was transported by boat down the Lehigh River. The railroad ended operations in 1976 and merged into Conrail along with several northeastern railroads that same year. The Lehigh Valley Railroad's original and primary route between Easton and Allentown was built in 1855. The line later expanded past Allentown to Lehigh Valley Terminal in Buffalo and ...
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New York Central
The New York Central Railroad was a railroad primarily operating in the Great Lakes and Mid-Atlantic regions of the United States. The railroad primarily connected greater New York and Boston in the east with Chicago and St. Louis in the Midwest, along with the intermediate cities of Albany, Buffalo, Cleveland, Cincinnati, Detroit, Rochester and Syracuse. New York Central was headquartered in New York City's New York Central Building, adjacent to its largest station, Grand Central Terminal. The railroad was established in 1853, consolidating several existing railroad companies. In 1968, the NYC merged with its former rival, the Pennsylvania Railroad, to form Penn Central. Penn Central went bankrupt in 1970 and merged into Conrail in 1976. Conrail was broken-up in 1999, and portions of its system were transferred to CSX and Norfolk Southern Railway, with CSX acquiring most of the old New York Central trackage. Extensive trackage existed in the states of New York, Pennsyl ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% ...
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Industrial Union Of Marine And Shipbuilding Workers Of America
The Industrial Union of Marine and Shipbuilding Workers of America (IUMSWA) was an American labor union which existed between 1933 and 1988. The IUMSWA was first organised at the New York Shipbuilding Corporation shipyard in Camden, New Jersey after striking in 1934 and 1935. From here it slowly spread to a number of other private shipyards in the Northeast, gaining representation at the Staten Island shipyard in 1936, the Federal Shipyard in 1937, Brooklyn and Hoboken in 1939, Baltimore and Sparrows Point in 1941, as well as a range of other smaller ship repair yards in the New York area. The IUMSWA's industrial coverage of all production workers in the shipbuilding industry brought it into conflict with established craft unions, such as the boilermakers, leading the IUMSWA to be refused an AFL charter in 1933. The IUMSWA later joined the Congress of Industrial Organizations in 1936. In 1940, the membership was about 100,000. IUMSWA gained size and strength during the World W ...
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National Recovery Act
The National Industrial Recovery Act of 1933 (NIRA) was a US labor law and consumer law passed by the 73rd US Congress to authorize the president to regulate industry for fair wages and prices that would stimulate economic recovery. It also established a national public works program known as the Public Works Administration (PWA). The National Recovery Administration (NRA) portion was widely hailed in 1933, but by 1934 business opinion of the act had soured. The legislation was enacted in June 1933 during the Great Depression as part of President Franklin D. Roosevelt's New Deal legislative program. Section 7(a) of the bill, which protected collective bargaining rights for unions, proved contentious (especially in the Senate). Congress eventually enacted the legislation and President Roosevelt signed the bill into law on June 16, 1933. The Act had two main titles . Title I was devoted to industrial recovery, authorizing the promulgation of industrial codes of fair comp ...
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1868 Births
Events January–March * January 2 – British Expedition to Abyssinia: Robert Napier leads an expedition to free captive British officials and missionaries. * January 3 – The 15-year-old Mutsuhito, Emperor Meiji of Japan, declares the '' Meiji Restoration'', his own restoration to full power, under the influence of supporters from the Chōshū and Satsuma Domains, and against the supporters of the Tokugawa shogunate, triggering the Boshin War. * January 5 – Paraguayan War: Brazilian Army commander Luís Alves de Lima e Silva, Duke of Caxias enters Asunción, Paraguay's capital. Some days later he declares the war is over. Nevertheless, Francisco Solano López, Paraguay's president, prepares guerrillas to fight in the countryside. * January 7 – The Arkansas constitutional convention meets in Little Rock. * January 9 – Penal transportation from Britain to Australia ends, with arrival of the convict ship '' Hougoumont'' in Weste ...
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