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Great Hog Swindle
The Great Hog Swindle is the popular name given to a program in 1864 during the American Civil War in which the Union Army purchased hogs from Kentucky farmers to feed their troops. The hog purchase program was devised by Major Henry C. Symonds when commodity speculation caused a crisis in the salt pork market. The program entailed army commissary officers buying hogs directly from farmers. The program was deemed a disaster because the farmers collectively lost $300,000. Symonds' plan Symonds first considered setting his plan into action in 1862. However, he took no action until 1863, when he informed Brigadier General Joseph Pannell Taylor, head of the subsistence office, that he could pack 15 million pounds of meat in an unused city porkhouse. Symonds estimated that the army could buys live hogs for four and a half cents a pound and pack them for no more than five cents per pound. This program would theoretically save the U.S. Government $150,000. However, Symond's proposal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Civil War
The American Civil War (April 12, 1861May 26, 1865; also known by Names of the American Civil War, other names) was a civil war in the United States between the Union (American Civil War), Union ("the North") and the Confederate States of America, Confederacy ("the South"), which was formed in 1861 by U.S. state, states that had Secession in the United States, seceded from the Union. The Origins of the American Civil War, central conflict leading to war was a dispute over whether Slavery in the United States, slavery should be permitted to expand into the western territories, leading to more slave states, or be prohibited from doing so, which many believed would place slavery on a course of ultimate extinction. Timeline of events leading to the American Civil War, Decades of controversy over slavery came to a head when Abraham Lincoln, who opposed slavery's expansion, won the 1860 presidential election. Seven Southern slave states responded to Lincoln's victory by seceding f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodity
In economics, a commodity is an economic goods, good, usually a resource, that specifically has full or substantial fungibility: that is, the Market (economics), market treats instances of the good as equivalent or nearly so with no regard to who Production (economics), produced them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot market, spot and derivative (finance), derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand, brand name) other than price. Most commodities are raw materials, basic resources, agriculture, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemical substance, chemicals and computer memory. Popular commodities include Petroleum, crude ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Speculation
In finance, speculation is the purchase of an asset (a commodity, good (economics), goods, or real estate) with the hope that it will become more valuable in a brief amount of time. It can also refer to short sales in which the speculator hopes for a decline in value. Many speculators pay little attention to the fundamental value of a security and instead focus purely on price movements. In principle, speculation can involve any tradable good or financial instrument. Speculators are particularly common in the markets for stocks, bond (finance), bonds, commodity futures, currency, currencies, cryptocurrency, fine art, collectibles, real estate, and derivative (finance), financial derivatives. Speculators play one of four primary roles in financial markets, along with hedge (finance), hedgers, who engage in transactions to offset some other pre-existing risk, arbitrageurs who seek to profit from situations where Fungibility, fungible instruments trade at different prices in dif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salt Pork
Salt pork is salt-cured pork. It is usually prepared from pork belly, or, less commonly, fatback. Salt pork typically resembles uncut side bacon, but is fattier, being made from the lowest part of the belly, and saltier, as the cure is stronger and performed for longer, and never smoked. The fat on the meat is necessary for the curing process as it allows the salt to soak in and preserve the meat. Salt pork is made by layering salt and thin layers of meat, then dousing it in a brine mixture once the desired size has been reached. Along with hardtack and corned beef, salt pork was a standard ration for many militaries and navies throughout the 17th, 18th, and 19th centuries, seeing usage in the American Civil War, War of 1812, and the Napoleonic Wars, among others. Salt pork now finds use in traditional American cuisine, particularly Boston baked beans Boston baked beans are a variety of baked beans, sweetened with molasses, and flavored with salt pork or bacon. Hist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commissary
A commissary is a government official charged with oversight or an ecclesiastical official who exercises in special circumstances the jurisdiction of a bishop. In many countries, the term is used as an administrative or police title. It often corresponds to the command of a police station, which is then known as a " commissariat". In some armed forces, commissaries are officials charged with overseeing the purchase and delivery of supplies, and they have powers of administrative and financial oversight. Then, the " commissariat" is the organization associated with the corps of commissaries. By extension, the term " commissary" came to be used for the building where supplies were disbursed. In some countries, both roles are used; for example, France uses " police commissaries" (''commissaires de police'') in the French National Police and "armed forces commissaries" (''commissaires des armées'') in the French armed forces. The equivalent terms are ''commissaire'' in French, '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseph Pannell Taylor
Joseph Pannell Taylor (May 4, 1796 – June 29, 1864) was a career United States Army officer and Union general in the American Civil War. He was the younger brother of Zachary Taylor, the 12th President of the United States. Early life He was born in Louisville, Kentucky, to Richard Taylor and Sarah Dabney Strother. He married Evelyn A. McLean (1809–1887) from Ohio, daughter of John McLean, a justice of the Ohio Supreme Court and the U.S. Supreme Court. Army service He joined the army during the War of 1812, and was commissioned a third lieutenant, May 20, 1813, second lieutenant, August 1, 1813, and first lieutenant July 15, 1814.Eicher, John H., and David J. Eicher, ''Civil War High Commands.'' Stanford: Stanford University Press, 2001. . p. 523 After discharge June 15, 1815, and reinstatement as second lieutenant, May 17, 1816, Taylor again was promoted to first lieutenant on November 24, 1817. Taylor was promoted to captain July 25, 1825. He was appointed Assistant C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amos Beebe Eaton
Amos Beebe Eaton (May 12, 1806 – February 21, 1877) was a career officer in the United States Army, serving as a general for the Union during the American Civil War. Biography Amos B. Eaton was born in Catskill, New York. He graduated from West Point in 1826; he was an infantry lieutenant until the Florida campaigns of the late 1830s. After that, his only fighting experiences took place in the Mexican–American War, for which service he was appointed a brevet major. Eaton served for 12 years as a field officer in the U.S. Army, then joined the commissary department for 23 years. Appointed a lieutenant colonel and assistant commissary general in 1861, Eaton was given the task of creating an effective supply system for the fledgling Union army. The large number of troops entering the Army at the beginning of the war was overloading the existing system. His work provisioning and distributing supplies to the troops led to President Abraham Lincoln's July 6, 1864, appointment of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ohio
Ohio ( ) is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. It borders Lake Erie to the north, Pennsylvania to the east, West Virginia to the southeast, Kentucky to the southwest, Indiana to the west, and Michigan to the northwest. Of the 50 List of states and territories of the United States, U.S. states, it is the List of U.S. states and territories by area, 34th-largest by area. With a population of nearly 11.9 million, Ohio is the List of U.S. states and territories by population, seventh-most populous and List of U.S. states and territories by population density, tenth-most densely populated state. Its List of capitals in the United States, capital and List of cities in Ohio, most populous city is Columbus, Ohio, Columbus, with the two other major Metropolitan statistical area, metropolitan centers being Cleveland and Cincinnati, alongside Dayton, Ohio, Dayton, Akron, Ohio, Akron, and Toledo, Ohio, Toledo. Ohio is nicknamed th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stephen G
Stephen or Steven is an English first name. It is particularly significant to Christians, as it belonged to Saint Stephen ( ), an early disciple and deacon who, according to the Book of Acts, was stoned to death; he is widely regarded as the first martyr (or " protomartyr") of the Christian Church In ecclesiology, the Christian Church is what different Christian denominations conceive of as being the true body of Christians or the original institution established by Jesus Christ. "Christian Church" has also been used in academia as a syn .... The name, in both the forms Stephen and Steven, is often shortened to Steve or Stevie (given name), Stevie. In English, the female version of the name is Stephanie. Many surnames are derived from the first name, including Template:Stephen-surname, Stephens, Stevens, Stephenson, and Stevenson, all of which mean "Stephen's (son)". In modern times the name has sometimes been given with intentionally non-standard spelling, such as Stevan o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louisville, Kentucky
Louisville is the List of cities in Kentucky, most populous city in the Commonwealth of Kentucky, sixth-most populous city in the Southeastern United States, Southeast, and the list of United States cities by population, 27th-most-populous city in the United States. By land area, it is the country's List of United States cities by area, 24th-largest city; however, by population density, it is the 265th most dense city. Louisville is the historical county seat and, since 2003, the nominal seat of Jefferson County, Kentucky, Jefferson County, on the Indiana border. Since 2003, Louisville and Jefferson County have shared the same borders following a consolidated city-county, city-county merger. The consolidated government is officially called the Louisville/Jefferson County Metro Government, commonly known as Louisville Metro. The term "Jefferson County" is still used in some contexts, especially for Louisville neighborhoods#Incorporated places, incorporated cities outside the "Lou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Droving
Droving is the practice of walking livestock over long distances. It is a type of herding, often associated with cattle, in which case it is a cattle drive (particularly in the US). Droving stock to market—usually on foot and often with the aid of dogs—has a very long history. An owner might entrust an agent to deliver stock to market and bring back the proceeds. There has been droving since people in cities found it necessary to source food from distant supplies. Description Droving is the practice of moving livestock herds over long distances by walking them " on the hoof", sometimes several hundred kilometers. It was carried out by shepherds. The earliest written evidence about shepherds and their dogs dates back to the 14th century. Thousands of cattle were moved along the roads of Europe and Great Britain, and later sheep, goats, pigs and even geese and turkeys. The journey from pasture to market, slaughterhouse, or buyer could take anywhere from a few weeks to a f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
