New York City
The City of New York called either New York City or New York, is the most populous city in the United States. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles, New York is the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 20,320,876 people in its 2017 Metropolitan Statistical Area and 23,876,155 residents in its Combined Statistical Area. A global power city, New York City has been described as the cultural and media capital of the world, exerts a significant impact upon commerce, research, education, tourism, art and sports; the city's fast pace has inspired the term New York minute. Home to the headquarters of the United Nations, New York is an important center for international diplomacy.
Situated on one of the world's largest natural harbors, New York City consists of five boroughs, each of, a separate county of the State of New York. The five boroughs – Brooklyn, Manhattan, The Bronx, Staten Island – were consolidated into a single city in 1898; the city and its metropolitan area constitute the premier gateway for legal immigration to the United States. As many as 800 languages are spoken in New York, making it the most linguistically diverse city in the world. New York City is home to more than 3.2 million residents born outside the United States, the largest foreign-born population of any city in the world. In 2017, the New York metropolitan area produced a gross metropolitan product of US$1.73 trillion. If greater New York City were a sovereign state, it would have the 12th highest GDP in the world. New York is home to the highest number of billionaires of any city in the world. New York City traces its origins to a trading post founded by colonists from the Dutch Republic in 1624 on Lower Manhattan.
The city and its surroundings came under English control in 1664 and were renamed New York after King Charles II of England granted the lands to his brother, the Duke of York. New York served as the capital of the United States from 1785 until 1790, it has been the country's largest city since 1790. The Statue of Liberty greeted millions of immigrants as they came to the U. S. by ship in the late 19th and early 20th centuries and is an international symbol of the U. S. and its ideals of liberty and peace. In the 21st century, New York has emerged as a global node of creativity and entrepreneurship, social tolerance, environmental sustainability, as a symbol of freedom and cultural diversity. Many districts and landmarks in New York City are well known, with the city having three of the world's ten most visited tourist attractions in 2013 and receiving a record 62.8 million tourists in 2017. Several sources have ranked New York the most photographed city in the world. Times Square, iconic as the world's "heart" and its "Crossroads", is the brightly illuminated hub of the Broadway Theater District, one of the world's busiest pedestrian intersections, a major center of the world's entertainment industry.
The names of many of the city's landmarks and parks are known around the world. Manhattan's real estate market is among the most expensive in the world. New York is home to the largest ethnic Chinese population outside of Asia, with multiple signature Chinatowns developing across the city. Providing continuous 24/7 service, the New York City Subway is the largest single-operator rapid transit system worldwide, with 472 rail stations. Over 120 colleges and universities are located in New York City, including Columbia University, New York University, Rockefeller University, which have been ranked among the top universities in the world. Anchored by Wall Street in the Financial District of Lower Manhattan, New York has been called both the most economically powerful city and the leading financial center of the world, the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. In 1664, the city was named in honor of the Duke of York.
James's older brother, King Charles II, had appointed the Duke proprietor of the former territory of New Netherland, including the city of New Amsterdam, which England had seized from the Dutch. During the Wisconsinan glaciation, 75,000 to 11,000 years ago, the New York City region was situated at the edge of a large ice sheet over 1,000 feet in depth; the erosive forward movement of the ice contributed to the separation of what is now Long Island and Staten Island. That action left bedrock at a shallow depth, providing a solid foundation for most of Manhattan's skyscrapers. In the precolonial era, the area of present-day New York City was inhabited by Algonquian Native Americans, including the Lenape, whose homeland, known as Lenapehoking, included Staten Island; the first documented visit into New York Harbor by a European was in 1524 by Giovanni da Verrazzano, a Florentine explorer in the service of the French crown. He named it Nouvelle Angoulême. A Spanish expedition led by captain Estêvão Gomes, a Portuguese sailing for Emperor Charles V, arrived in New York Harbor in January 1525 and charted the mouth of the Hudson River, which he named Río de San Antonio.
The Padrón Rea
Alexander Hamilton was an American statesman and one of the Founding Fathers of the United States. He was an influential interpreter and promoter of the U. S. Constitution, as well as the founder of the nation's financial system, the Federalist Party, the United States Coast Guard, the New York Post newspaper; as the first Secretary of the Treasury, Hamilton was the main author of the economic policies of George Washington's administration. He took the lead in the Federal government's funding of the states' debts, as well as establishing a national bank, a system of tariffs, friendly trade relations with Britain, his vision included a strong central government led by a vigorous executive branch, a strong commercial economy, a national bank and support for manufacturing, a strong military. Thomas Jefferson was his leading opponent, arguing for smaller government. Hamilton was born out of wedlock in Nevis, he was taken in by a prosperous merchant. When he reached his teens, he was sent to New York to pursue his education.
He took an early role in the militia. In 1777, he became a senior aide to General Washington in running the new Continental Army. After the war, he was elected as a representative from New York to the Congress of the Confederation, he founded the Bank of New York. Hamilton was a leader in seeking to replace the weak national government under the Articles of Confederation, he helped ratify the Constitution by writing 51 of the 85 installments of The Federalist Papers, which are still used as one of the most important references for Constitutional interpretation. Hamilton led the Treasury Department as a trusted member of President Washington's first Cabinet. Hamilton argued that the implied powers of the Constitution provided the legal authority to fund the national debt, to assume states' debts, to create the government-backed Bank of the United States; these programs were funded by a tariff on imports, by a controversial whiskey tax. He mobilized a nationwide network of friends of the government bankers and businessmen, which became the Federalist Party.
A major issue in the emergence of the American two-party system was the Jay Treaty designed by Hamilton in 1794. It established friendly trade relations with Britain, to the chagrin of France and supporters of the French Revolution. Hamilton played a central role in the Federalist party, which dominated national and state politics until it lost the election of 1800 to Jefferson's Democratic-Republican Party. In 1795, he returned to the practice of law in New York, he called for mobilization against the French First Republic in 1798–99 under President John Adams, became Commanding General of the disbanded U. S. Army, which he reconstituted and readied for war; the army did not see combat in the Quasi-War, Hamilton was outraged by Adams' diplomatic success in resolving the crisis with France. His opposition to Adams' re-election helped cause the Federalist party defeat in 1800. Jefferson and Aaron Burr tied for the presidency in the electoral college in 1801, Hamilton helped to defeat Burr, whom he found unprincipled, to elect Jefferson despite philosophical differences.
Hamilton continued his legal and business activities in New York City, was active in ending the legality of the international slave trade. Vice President Burr ran for governor of New York State in 1804, Hamilton campaigned against him as unworthy. Taking offense, Burr challenged him to a duel on July 11, 1804, in which Burr shot and mortally wounded Hamilton, who died the following day. Alexander Hamilton was born and spent part of his childhood in Charlestown, the capital of the island of Nevis in the Leeward Islands. Hamilton and his older brother James Jr. were born out of wedlock to Rachel Faucette, a married woman of half-British and half-French Huguenot descent, James A. Hamilton, a Scotsman, the fourth son of Laird Alexander Hamilton of Grange, Ayrshire. Speculation that Hamilton's mother was of mixed race, though persistent, is not substantiated by verifiable evidence, she was listed as white on tax rolls. It is not certain whether the year of Hamilton's birth was in 1755 or 1757. Most historical evidence, after Hamilton's arrival in North America, supports the idea that he was born in 1757, including Hamilton's own writings.
Hamilton listed his birth year as 1757 when he first arrived in the Thirteen Colonies, celebrated his birthday on January 11. In life, he tended to give his age only in round figures. Historians accepted 1757 as his birth year until about 1930, when additional documentation of his early life in the Caribbean was published in Danish. A probate paper from St. Croix in 1768, drafted after the death of Hamilton's mother, listed him as 13 years old, which has caused some historians since the 1930s to favor a birth year of 1755. Historians have speculated on possible reasons for two different years of birth to have appeared in historical documents. If 1755 is correct, Hamilton might have been trying to appear younger than his college classmates, or wished to avoid standing out as older. If 1757 is correct, the single probate document indicating a birth year of 1755 may have included an error, or Hamilton might once have given his age as 13 after his mother's death in an attempt to appear older and more employable.
Historians have pointed out that the probate document contained other proven inaccuracies, demonstrating it was not re
Early American currency
Early American currency went through several stages of development during the colonial and post-Revolutionary history of the United States. Because few coins were minted in the thirteen colonies that became the United States, foreign coins like the Spanish dollar were circulated. Colonial governments sometimes issued paper money to facilitate economic activities; the British Parliament passed Currency Acts in 1751, 1764, 1773 that regulated colonial paper money. During the American Revolution, the colonies became independent states. Freed from British monetary regulations, they issued paper money to pay for military expenses; the Continental Congress issued paper money during the Revolution, known as Continental currency, to fund the war effort. Both state and Continental currency depreciated becoming worthless by the end of the war; this depreciation was caused by the government printing large amounts of currency in order to meet the demands of war. There were three general types of money in the colonies of British America: specie, paper money and commodity money.
Commodity money was used. Commodities such as tobacco, beaver skins, wampum served as money at various times and places. Cash in the colonies was denominated in pounds and pence; the value varied from colony to colony. All colonial pounds were of less value than the British pound sterling; the coins in circulation in the colonies were most of Spanish and Portuguese origin. The prevalence of the Spanish dollar in the colonies led to the money of the United States being denominated in dollars rather than pounds. One by one, colonies began to issue their own paper money to serve as a convenient medium of exchange. In 1690, the Province of Massachusetts Bay created "the first authorized paper money issued by any government in the Western World." This paper money was issued to pay for a military expedition during King William's War. Other colonies followed the example of Massachusetts Bay by issuing their own paper currency in subsequent military conflicts; the paper bills issued by the colonies were known as "bills of credit."
Bills of credit were fiat money: they could not be exchanged for a fixed amount of gold or silver coins upon demand. Bills of credit were issued by colonial governments to pay debts; the governments would retire the currency by accepting the bills for payment of taxes. When colonial governments issued too many bills of credit or failed to tax them out of circulation, inflation resulted; this happened in New England and the southern colonies, unlike the Middle Colonies, were at war. Pennsylvania, was responsible in not issuing too much currency and it remains a prime example in history as a successful government-managed monetary system. Pennsylvania's paper currency, secured by land, was said to have maintained its value against gold from 1723 until the Revolution broke out in 1775; this depreciation of colonial currency was harmful to creditors in Great Britain when colonists paid their debts with money that had lost value. The British Parliament passed several Currency Acts to regulate the paper money issued by the colonies.
The Act of 1751 restricted the issue of paper money in New England. It allowed the existing bills to be used as legal tender for public debts, but disallowed their use for private debts. In 1776, British economist Adam Smith criticized colonial bills of credit in his most famous work, The Wealth of Nations. Another Currency Act, in 1764, extended the restrictions to the colonies south of New England. Unlike the earlier act, this act did not prohibit the colonies in question from issuing paper money but it forbade them to designate their currency as legal tender for public or private debts; that prohibition created tension between the colonies and the mother country and has sometimes been seen as a contributing factor in the coming of the American Revolution. After much lobbying, Parliament amended the act in 1773, permitting the colonies to issue paper currency as legal tender for public debts. Shortly thereafter, some colonies once again began issuing paper money; when the American Revolutionary War began in 1775, all of the rebel colonies, soon to be independent states, issued paper money to pay for military expenses.
The Thirteen Colony set of colonial currency below is from the National Numismatic Collection at the Smithsonian Institution. Examples were selected based on the notability of the signers, followed by issue condition; the initial selection criteria for notability was drawn from a list of currency signers who were known to have signed the United States Declaration of Independence, Articles of Confederation, the United States Constitution, or attended the Stamp Act Congress. After the American Revolutionary War began in 1775, the Continental Congress began issuing paper money known as Continental currency, or Continentals. Continental currency was denominated in dollars from $1⁄6 to $80, including many odd denominations in between. During the Revolution, Congress issued $241,552,780 in Continental currency. Continental currency depreciated badly during the war, giving rise to the famous phrase "not worth a continental". A primary problem was that monetary policy was not coordinated between Congress and the states, which continued to issue bills of credit.
"Some think that the rebel bills depreciated because people lost confidence in them or because they were not backed by tangible assets," writes financial historian Robert E. Wright. "Not so. There were too many of them." Congress and the states lacked the will or the means to retire the bills from c
Green is the color between blue and yellow on the visible spectrum. It is evoked by light which has a dominant wavelength of 495–570 nm. In subtractive color systems, used in painting and color printing, it is created by a combination of yellow and blue, or yellow and cyan. By far the largest contributor to green in nature is chlorophyll, the chemical by which plants photosynthesize and convert sunlight into chemical energy. Many creatures have adapted to their green environments by taking on a green hue themselves as camouflage. Several minerals have a green color, including the emerald, colored green by its chromium content. During post-classical and early modern Europe, green was the color associated with wealth, merchants and the gentry, while red was reserved for the nobility. For this reason, the costume of the Mona Lisa by Leonardo da Vinci and the benches in the British House of Commons are green while those in the House of Lords are red, it has a long historical tradition as the color of Ireland and of Gaelic culture.
It is the historic color of Islam, representing the lush vegetation of Paradise. It was the color of the banner of Muhammad, is found in the flags of nearly all Islamic countries. In surveys made in American and Islamic countries, green is the color most associated with nature, health, spring and envy. In the European Union and the United States, green is sometimes associated with toxicity and poor health, but in China and most of Asia, its associations are positive, as the symbol of fertility and happiness; because of its association with nature, it is the color of the environmental movement. Political groups advocating environmental protection and social justice describe themselves as part of the Green movement, some naming themselves Green parties; this has led to similar campaigns in advertising, as companies have sold green, or environmentally friendly, products. Green is the traditional color of safety and permission; the word green comes from the Middle English and Old English word grene, like the German word grün, has the same root as the words grass and grow.
It is from a Common Germanic *gronja-, reflected in Old Norse grænn, Old High German gruoni from a PIE root *ghre- "to grow", root-cognate with grass and to grow. The first recorded use of the word as a color term in Old English dates to ca. AD 700. Latin with viridis has a genuine and used term for "green". Related to virere "to grow" and ver "spring", it gave rise to words in several Romance languages, French vert, Italian verde; the Slavic languages with zelenъ. Ancient Greek had a term for yellowish, pale green – χλωρός, cognate with χλοερός "verdant" and χλόη "chloe, the green of new growth". Thus, the languages mentioned above have old terms for "green" which are derived from words for fresh, sprouting vegetation. However, comparative linguistics makes clear that these terms were coined independently, over the past few millennia, there is no identifiable single Proto-Indo-European or word for "green". For example, the Slavic zelenъ is cognate with Sanskrit hari "yellow, golden"; the Turkic languages have jašɨl "green" or "yellowish green", compared to a Mongolian word for "meadow".
In some languages, including old Chinese, old Japanese, Vietnamese, the same word can mean either blue or green. The Chinese character 青 has a meaning that covers both green. In more contemporary terms, they are 綠 respectively. Japanese has two terms that refer to the color green, 緑 and グリーン. However, in Japan, although the traffic lights have the same colors as other countries have, the green light is described using the same word as for blue, because green is considered a shade of aoi. Vietnamese uses a single word for both blue and green, with variants such as xanh da trời, lục. "Green" in modern European languages corresponds to about 520–570 nm, but many historical and non-European languages make other choices, e.g. using a term for the range of ca. 450–530 nm and another for ca. 530–590 nm. In the comparative study of color terms in the world's languages, green is only found as a separate category in languages with the developed range of six colors, or more in systems with five colors; these languages have introduced supplementary vocabulary to denote "green", but these terms are recognizable as recent adoptions that are not in origin color terms.
Thus, the Thai word เขียว kheīyw, besides mean
Robert Morris (financier)
Robert Morris, Jr. was an English-born merchant and a Founding Father of the United States. He served as a member of the Pennsylvania legislature, the Second Continental Congress, the United States Senate, he was a signer of the Declaration of Independence, the Articles of Confederation, the United States Constitution. From 1781 to 1784, he served as the Superintendent of Finance of the United States, becoming known as the "Financier of the Revolution." Along with Alexander Hamilton and Albert Gallatin, he is regarded as one of the founders of the financial system of the United States. Born in Liverpool, Morris migrated to the United States in his teens becoming a partner in a successful shipping firm based in Philadelphia. In the aftermath of the French and Indian War, Morris joined with other merchants in opposing British tax policies such as the 1765 Stamp Act. After the outbreak of the American Revolutionary War, he helped procure arms and ammunition for the revolutionary cause, in late 1775 he was chosen as a delegate to the Second Continental Congress.
As a member of Congress, he served on the Secret Committee of Trade, which handled the procurement of supplies, the Committee of Correspondence, which handled foreign affairs, the Marine Committee, which oversaw the Continental Navy. Morris was a leading member of Congress until he resigned in 1778. Out of office, Morris refocused on his merchant career and won election to the Pennsylvania Assembly, where he became a leader of the "Republican" faction that sought alterations to the Pennsylvania Constitution. Facing a difficult financial situation in the ongoing Revolutionary War, in 1781 Congress established the position of Superintendent of Finance to oversee financial matters. Morris accepted appointment as Superintendent of Finance and served as Agent of Marine, from which he controlled the Continental Navy, he helped provide supplies to the Continental Army under General George Washington, enabling Washington's decisive victory in the Battle of Yorktown. Morris reformed government contracting and established the Bank of North America, the first bank to operate in the United States.
Morris believed that the national government would be unable to achieve financial stability without the power to levy taxes and tariffs, but he was unable to convince all thirteen states to agree to an amendment to the Articles of Confederation. Frustrated by the weakness of the national government, Morris resigned as Superintendent of Finance in 1784. In 1787, Morris was selected as a delegate to the Philadelphia Convention, which wrote and proposed a new constitution for the United States. Morris spoke during the convention, but the constitution produced by the convention reflected many of his ideas. Morris and his allies helped ensure that Pennsylvania ratified the new constitution, the document was ratified by the requisite number of states by the end of 1788; the Pennsylvania legislature subsequently elected Morris as one of its two inaugural representatives in the United States Senate. Morris declined Washington's offer to serve as the nation's first Treasury Secretary, instead suggesting Alexander Hamilton for the position.
In the Senate, Morris aligned with the Federalist Party. During and after his service in the Senate, Morris went into debt speculating on land. Unable to pay his creditors, he was confined in debtors' prison from 1798 to 1801. After being released from prison, he lived a quiet, private life in a modest home in Philadelphia until his death in 1806. Morris was born in Liverpool, England, on January 20, 1734, his parents were Robert Morris, Sr. a factor for a shipping firm, Elizabeth Murphet. Until he reached the age of thirteen, Morris was raised by his maternal grandmother in England. In 1747, Morris immigrated to Oxford, where his father had prospered in the tobacco trade. Two years Morris's father sent him to Philadelphia the most populous city in British North America, where Morris would live under the care of his father's friend, Charles Greenway. Greenway arranged for Morris to become an apprentice at the shipping and banking firm of Philadelphia merchant Charles Willing. In 1750, Robert Morris, Sr. died from an infected wound, leaving much of his substantial estate to his son.
Morris rose from a teenage trainee to become a key agent in Willing's firm. Morris traveled to Caribbean ports to expand the firm's business, he gained a knowledge of trading and the various currencies used to exchange goods, he befriended Thomas Willing, the oldest son of Charles Willing, two years older than Morris and who, like Morris, had split his life between England and British North America. Charles Willing died in 1754, in 1757 Thomas made Morris a full partner in the newly-renamed firm of Willing Morris & Company. Morris's shipping firm was just one of many such firms operating in Philadelphia, but Willing Morris & Company pursued several innovative strategies; the firm pooled with other shipping firms to insure vessels, aggressively expanded trade with India, underwrote government projects through bonds and promissory notes. Ships of the firm traded with India, the Levant, the West Indies, Spanish Cuba and Italy; the firm's business of import and general agency made it one of the most prosperous in Pennsylvania.
In 1784, with other investors, underwrote the voyage of the ship Empress of China, the first American vessel to visit the Chinese mainland. Morris's partnership with Willing was forged just after the beginning of the Seven Years' War hindered attracting the usual supply of new indentured servants to the colony. Pot
Abraham Lincoln was an American statesman and lawyer who served as the 16th president of the United States from 1861 until his assassination in April 1865. Lincoln led the nation through the American Civil War, its bloodiest war and its greatest moral and political crisis, he preserved the Union, abolished slavery, strengthened the federal government, modernized the U. S. economy. Born in Kentucky, Lincoln grew up on the frontier in a poor family. Self-educated, he became Whig Party leader, state legislator and Congressman, he left government to resume his law practice, but angered by the success of Democrats in opening the prairie lands to slavery, reentered politics in 1854. He became a leader in the new Republican Party and gained national attention in 1858 for debating and losing to national Democratic leader Stephen A. Douglas in a Senate campaign, he ran for President in 1860, sweeping the North and winning. Southern pro-slavery elements took his win as proof that the North was rejecting the Constitutional rights of Southern states to practice slavery.
They began the process of seceding from the union. To secure its independence, the new Confederate States of America fired on Fort Sumter, one of the few U. S. forts in the South. Lincoln called up volunteers and militia to restore the Union; as the leader of the moderate faction of the Republican Party, Lincoln confronted Radical Republicans, who demanded harsher treatment of the South. Lincoln fought the factions by pitting them against each other, by distributing political patronage, by appealing to the American people, his Gettysburg Address became an iconic call for nationalism, equal rights and democracy. He suspended habeas corpus, he averted British intervention by defusing the Trent Affair. Lincoln supervised the war effort, including the selection of generals and the naval blockade that shut down the South's trade; as the war progressed, he maneuvered to end slavery, issuing the Emancipation Proclamation of 1863. Lincoln managed his own re-election campaign, he sought to reconcile his damaged nation by avoiding retribution against the secessionists.
A few days after the Battle of Appomattox Court House, he was shot by John Wilkes Booth, an actor and Confederate sympathizer, on April 14, 1865, died the following day. Abraham Lincoln is remembered as the United States' martyr hero, he is ranked both by scholars and the public as among the greatest U. S. presidents. Abraham Lincoln was born on February 12, 1809, as the second child of Thomas and Nancy Hanks Lincoln, in a one-room log cabin on Sinking Spring Farm near Hodgenville, Kentucky, he was a descendant of Samuel Lincoln, an Englishman who migrated from Hingham, Norfolk, to its namesake Hingham, Massachusetts, in 1638. Samuel's grandson and great-grandson began the family's westward migration, passing through New Jersey and Virginia. Lincoln's paternal grandfather and namesake, Captain Abraham Lincoln, moved the family from Virginia to Jefferson County, Kentucky, in the 1780s. Captain Lincoln was killed in an Indian raid in 1786, his children, including eight-year-old Thomas, Abraham's father, witnessed the attack.
Thomas worked at odd jobs in Kentucky and in Tennessee, before settling with members of his family in Hardin County, Kentucky, in the early 1800s. Lincoln's mother, Nancy, is assumed to have been the daughter of Lucy Hanks, although no record documents this. Thomas and Nancy married on June 12, 1806, in Washington County, moved to Elizabethtown, Kentucky, they produced three children: Sarah, born on February 10, 1807. Thomas Lincoln leased farms in Kentucky. Thomas became embroiled in legal disputes, lost all but 200 acres of his land in court disputes over property titles. In 1816, the family moved to Indiana, where the survey process was more reliable and land titles were more secure. Indiana was a "free" territory, they settled in an "unbroken forest" in Hurricane Township, Perry County. In 1860, Lincoln noted that the family's move to Indiana was "partly on account of slavery", but due to land title difficulties. In Kentucky and Indiana, Thomas worked as a farmer and carpenter, he owned farms, town lots and livestock, paid taxes, sat on juries, appraised estates, served on country slave patrols, guarded prisoners.
Thomas and Nancy were members of a Separate Baptists church, which forbade alcohol and slavery. Overcoming financial challenges, Thomas obtained clear title to 80 acres of land in what became known as the Little Pigeon Creek Community. On October 5, 1818, Nancy Lincoln died of milk sickness, leaving 11-year-old Sarah in charge of a household that included her father, 9-year-old Abraham, Dennis Hanks, Nancy's 19-year-old orphaned cousin; those who knew Lincoln recalled that he was distraught over his sister's death on January 20, 1828, while giving birth to a stillborn son. On December 2, 1819, Thomas married Sarah "Sally" Bush Johnston, a widow from Elizabethtown, with three children of her own. Abraham became close to his stepmother, whom he referred t