Thomas B. McCabe
Thomas Bayard McCabe (July 11, 1893 – May 27, 1982) was an American businessman who served as the 8th chairman of the Federal Reserve from 1948 to 1951. McCabe also served as president and CEO of Scott Paper Company for 39 years. Background The youngest of five children, Thomas Bayard McCabe was born on July 11, 1893, to William Robbins McCabe and Beulah Whaley in Whaleyville, Maryland. According to family records, his paternal ancestors were early pioneers of Selbyville, Delaware, dating as far back as the late 1700s. By 1837, Thomas's great-great-great grandfather, Arthur McCabe, owned what was then all of Selbyville. His grandfather, William S. McCabe was involved in the local mercantile business for over 50 years. When McCabe's father came of age, the firm William S. McCabe & Son was formed and became one of the leading business firms in Sussex County, Delaware. His father later founded and served as the first president of the Selbyville Bank as well as a banking and in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chair Of The Federal Reserve
The chair of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve, and is the active executive officer of the Federal Reserve Board of Governors, Board of Governors of the Federal Reserve System. The chairman presides at meetings of the Board. The chairman serves a four-year term after being nominated by the president of the United States and confirmed by the United States Senate; the officeholder serves concurrently as a member of the Board of Governors. The chairman may serve multiple terms, subject to re-nomination and confirmation each time; William McChesney Martin (1951–1970) was the longest serving chair, with Alan Greenspan (1987–2006) a close second. neither the president nor congress of the US can dismiss a chairman before the end of a term. Jerome Powell was sworn in as chairman on February 5, 2018. He had been first nominated to the position by President Donald Trump on November 2, 2017, and confirmed by the Senate. He was nomi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sussex County, Delaware
Sussex County is a county in the southern part of the U.S. state of Delaware, on the Delmarva Peninsula. As of the 2020 census, the population was 237,378, making it the state's second most populated county behind New Castle and ahead of Kent. The county seat is Georgetown. The first European settlement in the state of Delaware was founded by the Dutch in 1631 near the present-day town of Lewes on the Atlantic Coast. However, Sussex County was not organized until 1683 under English colonial rule. Sussex County forms the Seaford, Delaware, Micropolitan Statistical Area. History Beginnings Archaeologists estimate that the first inhabitants of Sussex County, the southernmost county in Delaware, arrived between 10,000 and 14,000 years ago. Various indigenous cultures occupied the area, especially along the river and the coast, often having seasonal fishing villages. Historic Native Americans in Sussex County were members of Algonquian-speaking tribes, as were most coastal ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Committee For Economic Development
The Committee for Economic Development of The Conference Board (CED) is an American nonprofit and nonpartisan public policy think tank. The board of trustees consist primarily of senior corporate executives from a range of U.S. industries and sectors. The organization has been credited with helping to create the Marshall Plan. History According to ''Fortune (magazine), Fortune'' the organization "originated in the United States Department of Commerce, Commerce Department" in 1942 and was created to encourage collaborative research among business leaders, economists, and New Deal politicians "to promote free enterprise and full employment, paying particular attention to the needs of small business". The first business leaders on board were Paul G. Hoffman, president of Studebaker, Studebaker Corporation; William Benton (senator), William Benton, co-founder of Benton & Bowles advertising firm; and Marion B. Folsom, treasurer of Kodak, Eastman Kodak Company. CED was first fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1951 Accord
The United States Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913. Central banking prior to the Federal Reserve The Federal Reserve System is the third central banking system in United States history. The First Bank of the United States (1791–1811) and the Second Bank of the United States (1817–1836) each had a 20-year charter. Both banks issued currency, made commercial loans, accepted deposits, purchased securities, maintained multiple branches and acted as fiscal agents for the U.S. Treasury. The U.S. Federal Government was required to purchase 20% of the bank capital stock shares and to appoint 20% of the board members (directors) of each of those first two banks "of the United States." Therefore, each bank's majority control was placed squarely in the hands of wealthy investors who purchased the remaining 80% of the stock. These banks were opposed by state-chartered banks, who saw them as very large compet ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Medal For Merit
The Medal for Merit was the highest civilian decoration of the United States in the gift of the president. Created during World War II, it was awarded by the president of the United States to civilians who "distinguished themselves by exceptionally meritorious conduct in the performance of outstanding services" in the war effort "since the proclamation of an emergency by the President on September 8, 1939". Awards to civilians of foreign nations were eligible "only for the performance of exceptionally meritorious or courageous act or acts in furtherance of the war efforts of the United Nations." It was last awarded in 1952. The medal is made of gold-finished bronze and enamel and is worn on the left chest from a ribbon. History The Medal for Merit was created by Public Law 77-671 and its awarding codified by Executive Order 9286 - Medal for Merit on 24 December 1942, later amended and restated by Executive Order 9857A of 27 May 1947. Created during World War II, and awarded ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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War Production Board
The War Production Board (WPB) was an agency of the United States government that supervised war production during World War II. President Franklin D. Roosevelt established it in January 1942, with Executive Order 9024. The WPB replaced the Supply Priorities and Allocations Board and the Office of Production Management. The WPB directed conversion of companies engaged in activities relevant to war from peacetime work to war needs, allocated scarce materials, established priorities in the distribution of materials and services, and prohibited nonessential production. It rationed such commodities as gasoline, heating oil, metals, rubber, paper, and plastics. It was dissolved almost exactly two months after the defeat of Japan in 1945 and was replaced by the Civilian Production Administration in late 1945. In 1942–1945, WPB supervised the production of $183 billion (equivalent to $ in ) worth of weapons and supplies, about 40 percent of the world output of munitions ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lend-Lease
Lend-Lease, formally the Lend-Lease Act and introduced as An Act to Promote the Defense of the United States (),3,000 Hurricanes and >4,000 other aircraft) * 28 naval vessels: ** 1 Battleship. (HMS Royal Sovereign (05), HMS Royal Sovereign) ** 9 Destroyers. ** 4 Submarines. ** 5 Motor mine-sweepers. ** 9 Mine-sweeping trawlers. * 5,218 tanks (including 1,388 Valentines from Canada) * >5,000 anti-tank guns ** 1,000 PIAT, P.I.A.T's ** 636 2-pounder gun, 2-Pdr's ** 96 6-pounder gun, 6-Pdr's ** 3,200 Boys anti-tank rifle, Boys anti-tank rifles * 4,020 ambulances and trucks * 323 machinery trucks (mobile vehicle workshops equipped with generators and all the welding and power tools required to perform heavy servicing) * 1,212 Universal Carriers and Loyd Carriers (with another 1,348 from Canada) * 1,721 motorcycles * £1.15bn ($1.55bn) worth of aircraft engines * 1,474 radar sets * 4,338 radio sets * 600 naval radar and sonar sets * Hundreds of naval guns * 15 million pairs of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Franklin D
Franklin may refer to: People and characters * Franklin (given name), including list of people and characters with the name * Franklin (surname), including list of people and characters with the name * Franklin (class), a member of a historical English social class Places * Franklin (crater), a lunar impact crater * Franklin County (other), in a number of countries * Mount Franklin (other), including Franklin Mountain 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, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Harvard Business School
Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which publishes business books, leadership articles, Case method, case studies, and ''Harvard Business Review'', a monthly academic business magazine. It is also home to the Baker Library/Bloomberg Center, the school's primary library. Harvard Business School is one of six List of Ivy League business schools, Ivy League business schools. History The school was established in 1908. Initially established by the humanities faculty, it received independent status in 1910, and became a separate administrative unit in 1913. The first dean was historian Edwin Francis Gay (1867–1946). Yogev (2001) explains the original concept: :This school of business and public administration was originally conceived as a school for diplomacy and government servi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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World War I
World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting took place mainly in European theatre of World War I, Europe and the Middle Eastern theatre of World War I, Middle East, as well as in parts of African theatre of World War I, Africa and the Asian and Pacific theatre of World War I, Asia-Pacific, and in Europe was characterised by trench warfare; the widespread use of Artillery of World War I, artillery, machine guns, and Chemical weapons in World War I, chemical weapons (gas); and the introductions of Tanks in World War I, tanks and Aviation in World War I, aircraft. World War I was one of the List of wars by death toll, deadliest conflicts in history, resulting in an estimated World War I casualties, 10 million military dead and more than 20 million wounded, plus some 10 million civilian de ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Delta Upsilon
Delta Upsilon (), commonly known as DU, is a collegiate men's fraternity founded on November 4, 1834, at Williams College in Williamstown, Massachusetts. It is the sixth-oldest, all-male, college Greek-letter organization founded in North America (only Kappa Alpha Society, Sigma Phi, Delta Phi, Alpha Delta Phi, and Psi Upsilon predate). It is popularly and informally known as "DU" or "Delta U" and its members are called "DUs". Although historically found on the campuses of small New England private universities, Delta Upsilon currently has 76 chapters/colonies across the United States and Canada. A number of its buildings are listed on the National Register of Historic Places. In 2013, ''Business Insider'' named Delta Upsilon one of the "17 Fraternities with Top Wall Street Alumni". Notable members include President of the United States James A. Garfield, president of Colombia Juan Manuel Santos, Canadian prime minister Lester B. Pearson, Linus Pauling, Joseph P. Kennedy, Lou Holt ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dover, Delaware
Dover ( ) is the List of capitals in the United States, capital and the List of municipalities in Delaware, second-most populous city of the U.S. state of Delaware. It is also the county seat of Kent County, Delaware, Kent County and the principal city of the Kent County, Delaware, Dover metropolitan statistical area, which encompasses all of Kent County and is part of the Philadelphia–Wilmington, Delaware, Wilmington–Camden, New Jersey, Camden, Pennsylvania, PA–New Jersey, NJ–DE–Maryland, MD, Delaware Valley, combined statistical area. It is located on the St. Jones River in the Delaware River coastal plain. It was named by William Penn for Dover in Kent, England (for which Kent County is named). As of 2020, its population was 39,403. Etymology The city is named after Dover, Kent, in England. First recorded in its Latinised form of ''Portus Dubris'', the name derives from the British language (Celtic), Brythonic word for waters (''dwfr'' in Middle Welsh). The same e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |