Clothing is a collective term for items worn on the body. Clothing can be made of animal skin, or other thin sheets of materials put together; the wearing of clothing is restricted to human beings and is a feature of all human societies. The amount and type of clothing worn depend on body type and geographic considerations; some clothing can be gender-specific. Physically, clothing serves many purposes: it can serve as protection from the elements and can enhance safety during hazardous activities such as hiking and cooking, it protects the wearer from rough surfaces, rash-causing plants, insect bites, splinters and prickles by providing a barrier between the skin and the environment. Clothes can insulate against cold or hot conditions, they can provide a hygienic barrier, keeping infectious and toxic materials away from the body. Clothing provides protection from ultraviolet radiation. Wearing clothes is a social norm, being deprived of clothing in front of others may be embarrassing, or not wearing clothes in public such that genitals, breasts or buttocks are visible could be seen as indecent exposure.
There is no easy way to determine when clothing was first developed, but some information has been inferred by studying lice which estimates the introduction of clothing at 42,000–72,000 years ago. The most obvious function of clothing is to improve the comfort of the wearer, by protecting the wearer from the elements. In hot climates, clothing provides protection from sunburn or wind damage, while in cold climates its thermal insulation properties are more important. Shelter reduces the functional need for clothing. For example, hats and other outer layers are removed when entering a warm home if one is living or sleeping there. Clothing has seasonal and regional aspects, so that thinner materials and fewer layers of clothing are worn in warmer regions and seasons than in colder ones. Clothing performs a range of social and cultural functions, such as individual and gender differentiation, social status. In many societies, norms about clothing reflect standards of modesty, religion and social status.
Clothing may function as a form of adornment and an expression of personal taste or style. Clothing can be and has in the past been made from a wide variety of materials. Materials have ranged from leather and furs to woven materials, to elaborate and exotic natural and synthetic fabrics. Not all body coverings are regarded as clothing. Articles carried rather than worn, worn on a single part of the body and removed, worn purely for adornment, or those that serve a function other than protection, are considered accessories rather than clothing, except for shoes. Clothing protects against many things. Clothes protect people from the elements, including rain, snow and other weather, as well as from the sun. However, clothing, too sheer, small, etc. offers less protection. Appropriate clothes can reduce risk during activities such as work or sport; some clothing protects from specific hazards, such as insects, noxious chemicals, weather and contact with abrasive substances. Conversely, clothing may protect the environment from the clothing wearer: for instance doctors wear medical scrubs.
Humans have been ingenious in devising clothing solutions to environmental or other hazards: such as space suits, air conditioned clothing, diving suits, bee-keeper gear, motorcycle leathers, high-visibility clothing, other pieces of protective clothing. Meanwhile, the distinction between clothing and protective equipment is not always clear-cut, since clothes designed to be fashionable have protective value and clothes designed for function consider fashion in their design; the choice of clothes has social implications. They cover parts of the body that social norms require to be covered, act as a form of adornment, serve other social purposes. Someone who lacks the means to procure reasonable clothing due to poverty or affordability, or lack of inclination, is sometimes said to be scruffy, ragged, or shabby. Serious books on clothing and its functions appear from the 19th century as imperialists dealt with new environments such as India and the tropics; some scientific research into the multiple functions of clothing in the first half of the 20th century, with publications such as J.
C. Flügel's Psychology of Clothes in 1930, Newburgh's seminal Physiology of Heat Regulation and The Science of Clothing in 1949. By 1968, the field of environmental physiology had advanced and expanded but the science of clothing in relation to environmental physiology had changed little. There has since been considerable research, the knowledge base has grown but the main concepts remain unchanged, indeed Newburgh's book is still cited by contemporary authors, including those attempting to develop thermoregulatory models of clothing development. In most cultures, gender differentiation of clothing is considered appropriate; the differences are in styles and fabrics. In Western societies, skirts and high-heeled shoes are seen as women's clothing, while neckties are seen as men's clothing. Trousers were once seen as male clothing, but can nowadays be worn by both genders. Male clothes are more practical, but a wider range of clothing styles are available for females. Males are allowed to bare their chests in a greater variety of public places.
United States dollar
The United States dollar is the official currency of the United States and its territories per the United States Constitution since 1792. In practice, the dollar is divided into 100 smaller cent units, but is divided into 1000 mills for accounting; the circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars. Since the suspension in 1971 of convertibility of paper U. S. currency into any precious metal, the U. S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U. S. dollar is the world's primary reserve currency. Several countries use it as their official currency, in many others it is the de facto currency. Besides the United States, it is used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or accept U. S. dollar coins. As of June 27, 2018, there are $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes.
Article I, Section 8 of the U. S. Constitution provides that the Congress has the power "To coin money". Laws implementing this power are codified at 31 U. S. C. § 5112. Section 5112 prescribes the forms; these coins are both designated in Section 5112 as "legal tender" in payment of debts. The Sacagawea dollar is one example of the copper alloy dollar; the pure silver dollar is known as the American Silver Eagle. Section 5112 provides for the minting and issuance of other coins, which have values ranging from one cent to 100 dollars; these other coins are more described in Coins of the United States dollar. The Constitution provides that "a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time"; that provision of the Constitution is made specific by Section 331 of Title 31 of the United States Code. The sums of money reported in the "Statements" are being expressed in U. S. dollars. The U. S. dollar may therefore be described as the unit of account of the United States.
The word "dollar" is one of the words in the first paragraph of Section 9 of Article I of the Constitution. There, "dollars" is a reference to the Spanish milled dollar, a coin that had a monetary value of 8 Spanish units of currency, or reales. In 1792 the U. S. Congress passed a Coinage Act. Section 9 of that act authorized the production of various coins, including "DOLLARS OR UNITS—each to be of the value of a Spanish milled dollar as the same is now current, to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver". Section 20 of the act provided, "That the money of account of the United States shall be expressed in dollars, or units... and that all accounts in the public offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation". In other words, this act designated the United States dollar as the unit of currency of the United States. Unlike the Spanish milled dollar, the U.
S. dollar is based upon a decimal system of values. In addition to the dollar the coinage act established monetary units of mill or one-thousandth of a dollar, cent or one-hundredth of a dollar, dime or one-tenth of a dollar, eagle or ten dollars, with prescribed weights and composition of gold, silver, or copper for each, it was proposed in the mid-1800s that one hundred dollars be known as a union, but no union coins were struck and only patterns for the $50 half union exist. However, only cents are in everyday use as divisions of the dollar. XX9 per gallon, e.g. $3.599, more written as $3.599⁄10. When issued in circulating form, denominations equal to or less than a dollar are emitted as U. S. coins while denominations equal to or greater than a dollar are emitted as Federal Reserve notes. Both one-dollar coins and notes are produced today, although the note form is more common. In the past, "paper money" was issued in denominations less than a dollar and gold coins were issued for circulation up to the value of $20.
The term eagle was used in the Coinage Act of 1792 for the denomination of ten dollars, subsequently was used in naming gold coins. Paper currency less than one dollar in denomination, known as "fractional currency", was sometimes pejoratively referred to as "shinplasters". In 1854, James Guthrie Secretary of the Treasury, proposed creating $100, $50 and $25 gold coins, which were referred to as a "Union", "Half Union", "Quarter Union", thus implying a denomination of 1 Union = $100. Today, USD notes are made from cotton fiber paper, unlike most common paper, made of wood fiber. U. S. coins are produced by the United States Mint. U. S. dollar banknotes are printed by the Bureau of Engraving and Printing and, since 1914, have been issued by t
General Mills, Inc. is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. It is headquartered in Minnesota, a suburb of Minneapolis; the company markets many well-known North American brands, including Gold Medal flour, Annie's Homegrown, Betty Crocker, Colombo, Totino's, Old El Paso, Häagen-Dazs, Trix, Cocoa Puffs, Lucky Charms. Its brand portfolio includes more than 89 other leading U. S. numerous category leaders around the world. The company can trace its history to the Minneapolis Milling Company, incorporated in 1856; the company was founded by Illinois Congressman Robert Smith, who leased power rights to mills operating along the west side of Saint Anthony Falls on the Mississippi River in Minneapolis, Minnesota. Cadwallader C. Washburn acquired the company shortly after its founding and hired his brother William D. Washburn to assist in the company's development. In 1866 the Washburns got into the business themselves. At the time, the building was considered to be so large and output so vast that it could not sustain itself.
However, the company succeeded, in 1874 he built the bigger Washburn "A" Mill. In 1877, the mill entered a partnership with John Crosby to form the Washburn-Crosby Company, producing Winter Wheat Flour; that same year Washburn sent William Hood Dunwoody to England to open the market for spring wheat. Dunwoody became a silent partner. In 1878, the "A" mill was destroyed in a flour dust explosion along with five nearby buildings; the ensuing fire led to the death of 18 workers. Construction of a new mill began immediately. Not only was the new mill safer but it was able to produce a higher quality flour after the old grinding stones were replaced with automatic steel rollers, the first used. In 1880, Washburn-Crosby flour brands won gold and bronze medals at the Millers' International Exhibition in Cincinnati, causing them to launch the Gold Medal flour brand. In 1924, the company acquired a failing Twin Cities radio station, WLAG, renaming it WCCO. General Mills itself was created in June 1928 when Washburn-Crosby President James Ford Bell merged Washburn-Crosby and 28 other mills.
In 1928, General Mills acquired the Wichita Mill and Elevator Company of the industrialist Frank Kell of Wichita Falls, Texas. With the sale, Kell acquired cash plus stock in the corporation; the newly merged company paid a dividend in 1928, has continued the dividend uninterrupted since then–one of only a few companies to pay a dividend every year since then. Beginning in 1929, General Mills products contained box top coupons, known as Betty Crocker coupons, with varying point values, which were redeemable for discounts on a variety of housewares products featured in the distributed Betty Crocker catalog; the coupons and the catalog were discontinued by the company in 2006. A similar program, Box Tops for Education, in which coupon icons clipped off various General Mills products can be redeemed by schools for cash, started in 1996 and is still active. General Mills became the sponsor of the popular radio show The Lone Ranger in 1941; the show was brought to television, after 20 years, their sponsorship came to an end in 1961.
Beginning in 1959, General Mills sponsored the Rocky and His Friends television series known as The Bullwinkle Show. Until 1968, Rocky and Bullwinkle were featured in a variety of advertisements for General Mills. General Mills was a sponsor of the Saturday-morning cartoons from the Total TeleVision productions studio, including Tennessee Tuxedo; the company was a sponsor of the ABC western series The Life and Legend of Wyatt Earp, starring Hugh O'Brian. In 1946, General Mills established their Aeronautical Research Division with chief engineer Otto C. Winzen; this division developed high altitude balloons in conjunction with the United States Navy Office of Naval Research, such as the Skyhook balloon. The General Mills Electronics division developed the DSV Alvin submersible, notable for being used in investigating the wreck of Titanic among other deep-sea exploration missions; the first venture General Mills took into the toy industry was in 1965. The company bought Rainbow Crafts, the manufacturer of Play-Doh.
General Mills' purchase of the company was substantial because it brought production costs down and tripled the revenue. General Mills came out with their "Monster Cereals" in the 1970s; the cereals are now sold seasonally around Halloween. In 1970, General Mills acquired a five-unit restaurant company called Red Lobster and expanded it nationwide. Soon, a division of General Mills titled General Mills Restaurants developed to take charge of the Red Lobster chain. In 1980, General Mills acquired. GM converted the restaurants into other chain restaurants they were operating, such as Red Lobster. In 1982, General Mills Restaurants founded a new Italian-themed restaurant chain called Olive Garden. Another themed restaurant, China Coast, was added before the entire group was spun off to General Mills shareholders in 1995 as Darden Restaurants. During the same decade, General Mills ventured further, starting the General Mills Specialty Retail Group, they acquired two clothing and apparel companies and Eddie Bauer.
The acquisition was short-lived. Talbots was purchased by a Japanese company known as JUSCO, the Spiegel company purchased Bauer. Spiegel declared bankruptcy, yet Bauer still remains, albeit in a smaller presence in the United States today. From 1976 to 1985, General Mills went to court as the parent company of Parker Brothers
New York Stock Exchange
The New York Stock Exchange is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was US$169 billion in 2013; the NYSE trading floor is located at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007; the main building and the 11 Wall Street building were designated National Historic Landmarks in 1978. The NYSE is owned by Intercontinental Exchange, an American holding company that it lists, it was part of NYSE Euronext, formed by the NYSE's 2007 merger with Euronext. The NYSE has been the subject of several lawsuits regarding fraud or breach of duty and in 2004 was sued by its former CEO for breach of contract and defamation; the earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement.
Securities exchange had been intermediated by the auctioneers who conducted more mundane auctions of commodities such as wheat and tobacco. On May 17, 1792 twenty four brokers signed the Buttonwood Agreement which set a floor commission rate charged to clients and bound the signers to give preference to the other signers in securities sales; the earliest securities traded were governmental securities such as War Bonds from the Revolutionary War and First Bank of the United States stock, although Bank of New York stock was a non-governmental security traded in the early days. The Bank of North America along with the First Bank of the United States and the Bank of New York were the first shares traded on the New York Stock Exchange. In 1817 the stockbrokers of New York operating under the Buttonwood Agreement instituted new reforms and reorganized. After sending a delegation to Philadelphia to observe the organization of their board of brokers, restrictions on manipulative trading were adopted as well as formal organs of governance.
After re-forming as the New York Stock and Exchange Board the broker organization began renting out space for securities trading, taking place at the Tontine Coffee House. Several locations were used between 1865, when the present location was adopted; the invention of the electrical telegraph consolidated markets, New York's market rose to dominance over Philadelphia after weathering some market panics better than other alternatives. The Open Board of Stock Brokers was established in 1864 as a competitor to the NYSE. With 354 members, the Open Board of Stock Brokers rivaled the NYSE in membership "because it used a more modern, continuous trading system superior to the NYSE’s twice-daily call sessions." The Open Board of Stock Brokers merged with the NYSE in 1869. Robert Wright of Bloomberg writes that the merger increased the NYSE's members as well as trading volume, as "several dozen regional exchanges were competing with the NYSE for customers. Buyers and dealers all wanted to complete transactions as and cheaply as technologically possible and that meant finding the markets with the most trading, or the greatest liquidity in today’s parlance.
Minimizing competition was essential to keep a large number of orders flowing, the merger helped the NYSE to maintain its reputation for providing superior liquidity." The Civil War stimulated speculative securities trading in New York. By 1869 membership had to be capped, has been sporadically increased since; the latter half of the nineteenth century saw rapid growth in securities trading. Securities trade in the latter nineteenth and early twentieth centuries was prone to panics and crashes. Government regulation of securities trading was seen as necessary, with arguably the most dramatic changes occurring in the 1930s after a major stock market crash precipitated the Great Depression; the Stock Exchange Luncheon Club was situated on the seventh floor from 1898 until its closure in 2006. The main building, located at 18 Broad Street, between the corners of Wall Street and Exchange Place, was designated a National Historic Landmark in 1978, as was the 11 Wall Street building; the NYSE announced its plans to merge with Archipelago on April 21, 2005, in a deal intended to reorganize the NYSE as a publicly traded company.
NYSE's governing board voted to merge with rival Archipelago on December 6, 2005, became a for-profit, public company. It began trading under the name NYSE Group on March 8, 2006. A little over one year on April 4, 2007, the NYSE Group completed its merger with Euronext, the European combined stock market, thus forming NYSE Euronext, the first transatlantic stock exchange. Wall Street is the leading US money center for international financial activities and the foremost US location for the conduct of wholesale financial services. "It comprises a matrix of wholesale financial sectors, financial markets, financial institutions, financial industry firms". The principal sectors are securities industry, commercial banking, asset management, insurance. Prior to the acquisition of NYSE Euronext by the ICE in 2013, Marsh Carter was the Chairman of the NYSE and the CEO was Duncan Niederauer. Presently, the chairman is Jeffrey Sprecher. In 2016, NYSE owner Intercontinental Exchange Inc. earned $419 million in listings-related revenues.
The exchange was closed shortly after the beginning of World War I, but it re-opened on November 28 of that year in order to help the war effort by trading bonds, reopened for stock tradin
Chief executive officer
The chief executive officer or just chief executive, is the most senior corporate, executive, or administrative officer in charge of managing an organization – an independent legal entity such as a company or nonprofit institution. CEOs lead a range of organizations, including public and private corporations, non-profit organizations and some government organizations; the CEO of a corporation or company reports to the board of directors and is charged with maximizing the value of the entity, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs aim at achieving outcomes related to the organization's mission, such as reducing poverty, increasing literacy, etc. In the early 21st century, top executives had technical degrees in science, engineering or law; the responsibility of an organization's CEO are set by the organization's board of directors or other authority, depending on the organization's legal structure.
They can be far-reaching or quite limited and are enshrined in a formal delegation of authority. Responsibilities include being a decision maker on strategy and other key policy issues, leader and executor; the communicator role can involve speaking to the press and the rest of the outside world, as well as to the organization's management and employees. As a leader of the company, the CEO or MD advises the board of directors, motivates employees, drives change within the organization; as a manager, the CEO/MD presides over the organization's day-to-day operations. The term refers to the person who makes all the key decisions regarding the company, which includes all sectors and fields of the business, including operations, business development, human resources, etc; the CEO of a company is not the owner of the company. In some countries, there is a dual board system with two separate boards, one executive board for the day-to-day business and one supervisory board for control purposes. In these countries, the CEO presides over the executive board and the chairman presides over the supervisory board, these two roles will always be held by different people.
This ensures a distinction between management by the executive board and governance by the supervisory board. This allows for clear lines of authority; the aim is to prevent a conflict of interest and too much power being concentrated in the hands of one person. In the United States, the board of directors is equivalent to the supervisory board, while the executive board may be known as the executive committee. In the United States, in business, the executive officers are the top officers of a corporation, the chief executive officer being the best-known type; the definition varies. In the case of a sole proprietorship, an executive officer is the sole proprietor. In the case of a partnership, an executive officer is a managing partner, senior partner, or administrative partner. In the case of a limited liability company, executive officer is any manager, or officer. A CEO has several subordinate executives, each of whom has specific functional responsibilities referred to as senior executives, executive officers or corporate officers.
Subordinate executives are given different titles in different organizations, but one common category of subordinate executive, if the CEO is the president, is the vice-president. An organization may have more than one vice-president, each tasked with a different area of responsibility; some organizations have subordinate executive officers who have the word chief in their job title, such as chief operating officer, chief financial officer and chief technology officer. The public relations-focused position of chief reputation officer is sometimes included as one such subordinate executive officer, but, as suggested by Anthony Johndrow, CEO of Reputation Economy Advisors, it can be seen as "simply another way to add emphasis to the role of a modern-day CEO – where they are both the external face of, the driving force behind, an organisation culture". In the US, the term chief executive officer is used in business, whereas the term executive director is used in the not-for-profit sector; these terms are mutually exclusive and refer to distinct legal duties and responsibilities.
Implicit in the use of these titles, is that the public not be misled and the general standard regarding their use be applied. In the UK, chief executive and chief executive officer are used in both business and the charitable sector; as of 2013, the use of the term director for senior charity staff is deprecated to avoid confusion with the legal duties and responsibilities associated with being a charity director or trustee, which are non-executive roles. In the United Kingdom, the term director is used instead of chief officer". Business publicists since the days of Edward Bernays and his client John D. Rockefeller and more the corporate publicists for Henry Ford, promoted the concept of the "celebrity CEO". Business journalists have adopted this approach, which assumes that the corporate achievements in the arena of manufacturing, wer
A public company, publicly traded company, publicly held company, publicly listed company, or public limited company is a corporation whose ownership is dispersed among the general public in many shares of stock which are traded on a stock exchange or in over the counter markets. In some jurisdictions, public companies over a certain size must be listed on an exchange. A public company can be unlisted. Public companies are formed within the legal systems of particular nations, therefore have national associations and formal designations which are distinct and separate. For example one of the main public company forms in the United States is called a limited liability company, in France is called a "society of limited responsibility", in Britain a public limited company, in Germany a company with limited liability. While the general idea of a public company may be similar, differences are meaningful, are at the core of international law disputes with regard to industry and trade. In the early modern period, the Dutch developed several financial instruments and helped lay the foundations of modern financial system.
The Dutch East India Company became the first company in history to issue bonds and shares of stock to the general public. In other words, the VOC was the first publicly traded company, because it was the first company to be actually listed on an official stock exchange. While the Italian city-states produced the first transferable government bonds, they did not develop the other ingredient necessary to produce a fledged capital market: corporate shareholders; as Edward Stringham notes, "companies with transferable shares date back to classical Rome, but these were not enduring endeavors and no considerable secondary market existed." The securities of a publicly traded company are owned by many investors while the shares of a held company are owned by few shareholders. A company with many shareholders is not a publicly traded company. In the United States, in some instances, companies with over 500 shareholders may be required to report under the Securities Exchange Act of 1934. Public companies possess some advantages over held businesses.
Publicly traded companies are able to raise funds and capital through the sale of shares of stock. This is the reason publicly traded corporations are important; the profit on stock is gained in form of capital gain to the holders. The financial media and the public are able to access additional information about the business, since the business is legally bound, motivated, to publicly disseminate information regarding the financial status and future of the company to its many shareholders and the government; because many people have a vested interest in the company's success, the company may be more popular or recognizable than a private company. The initial shareholders of the company are able to share risk by selling shares to the public. If one were to hold a 100% share of the company, he or she would have to pay all of the business's debt; this increases asset liquidity and the company does not need to depend on funding from a bank. For example, in 2013 Facebook founder Mark Zuckerberg owned 29.3% of the company's class A shares, which gave him enough voting power to control the business, while allowing Facebook to raise capital from, distribute risk to, the remaining shareholders.
Facebook was a held company prior to its initial public offering in 2012. If some shares are given to managers or other employees, potential conflicts of interest between employees and shareholders will be remitted; as an example, in many tech companies, entry-level software engineers are given stock in the company upon being hired. Therefore, the engineers have a vested interest in the company succeeding financially, are incentivized to work harder and more diligently to ensure that success. Many stock exchanges require that publicly traded companies have their accounts audited by outside auditors, publish the accounts to their shareholders. Besides the cost, this may make useful information available to competitors. Various other annual and quarterly reports are required by law. In the United States, the Sarbanes–Oxley Act imposes additional requirements; the requirement for audited books is not imposed by the exchange known as OTC Pink. The shares may be maliciously held by outside shareholders and the original founders or owners may lose benefits and control.
The principal-agent problem, or the agency problem is a key weakness of public companies. The separation of a company's ownership and control is prevalent in such countries as U. K and U. S. In the United States, the Securities and Exchange Commission requires that firms whose stock is traded publicly report their major shareholders each year; the reports identify all institutional shareholders, all company officials who own shares in their firm, any individual or institution owning more than 5% of the firm's stock. For many years, newly created companies were held but held initial
Hingham is a town in metropolitan Greater Boston on the South Shore of the U. S. state of Massachusetts in northern Plymouth County. At the 2010 census, the population was 22,157. Hingham is known for its colonial location on Boston Harbor; the town was named after Hingham, Norfolk and was first settled by English colonists in 1633. The town of Hingham was dubbed "Bare Cove" by the first colonizing English in 1633, but two years was incorporated as a town under the name "Hingham." The land on which Hingham was settled was deeded to the English by the Wampanoag sachem Wompatuck in 1655. The town was within Suffolk County from its founding in 1643 until 1803, Plymouth County from 1803 to the present; the eastern part of the town split off to become Cohasset in 1770. The town was named for Hingham, a village in the English county of Norfolk, East Anglia, whence most of the first colonists came, including Abraham Lincoln's ancestor Samuel Lincoln, his first American ancestor, who came to Massachusetts in 1637.
A statue of President Lincoln adorns the area adjacent to downtown Hingham Square. Hingham was born of religious dissent. Many of the original founders were forced to flee their native village in Norfolk with both their vicars, Rev. Peter Hobart and Rev. Robert Peck, when they fell foul of the strict doctrines of Anglican England. Peck was known for what the eminent Norfolk historian Rev. Francis Blomefield called his "violent schismatical spirit." Peck lowered the chancel railing of the church, in accord with Puritan sentiment that the Anglican church of the day was too removed from its parishioners. He antagonized ecclesiastical authorities with other forbidden practices. Hobart, born in Hingham, Norfolk, in 1604 and, like Peck, a graduate of Magdalene College, sought shelter from the prevailing discipline of the high church among his fellow Puritans; the cost to those who emigrated was steep. They "sold their possessions for half their value," noted a contemporary account, "and named the place of their settlement after their natal town."
While most of the early Hingham settlers came from Hingham and other nearby villages in East Anglia, a few Hingham settlers like Anthony Eames came from the West Country of England. The early settlers of Dorchester, for instance, had come under the guidance of Rev. John White of Dorchester in Dorset, some of them moved to Hingham. Accounts from Hingham's earliest years indicate some friction between the disparate groups, culminating in a 1645 episode involving the town's "trainband", when some Hingham settlers supported Eames, others supported Bozoan Allen, a prominent early Hingham settler and Hobart ally who came from King's Lynn in Norfolk, East Anglia. Prominent East Anglian Puritans like the Hobarts and the Cushings, for instance, were used to holding sway in matters of governance; the controversy became so heated that John Winthrop and Thomas Dudley were drawn into the fray. The bitter trainband controversy dragged on for several years. A weary Eames, in his mid-fifties when the controversy began and who had served Hingham as first militia captain, a selectman, Deputy in the General Court, threw in the towel and moved to nearby Marshfield where he again served as Deputy and emerged as a leading citizen, despite his brush with the Hingham powers-that-be.
Although the town was incorporated in 1635, the colonists didn't get around to negotiating purchase from the Wampanoag, the Native American tribe in the region, until three decades later. On July 4, 1665, the tribe's chief sachem, Josiah Wompatuck, sold the township to Capt. Joshua Hobart and Ensign John Thaxter, representatives of Hingham's colonial residents. Having occupied the land for 30 years, the Englishmen felt entitled to a steep discount; the sum promised Josiah Wompatuck for the land encompassing Hingham was to be paid by two Hingham landowners: Lieut. John Smith and Deacon John Leavitt, granted 12 acres on Hingham's Turkey Hill earlier that year. Now the two men were instructed to deliver payment for their 12-acre grant to Josiah the chief Sachem; the grant to Smith and Leavitt—who together bought other large tracts from the Native Americans for themselves and their partners—was "on condition that they satisfy all the charge about the purchase of the town's land of Josiah—Indian sagamore, both the principal purchase and all the other charge that hath been about it".
With that payment the matter was considered settled. The third town clerk of Hingham was Daniel Cushing, who emigrated to Hingham from Hingham, with his father Matthew in 1638. Cushing's meticulous records of early Hingham enabled subsequent town historians to reconstruct much of early Hingham history as well as that of the early families. Cushing was rather unusual in that he included the town's gossip along with the more conventional formal record-keeping. According to the United States Census Bureau, the town has a total area of 26.3 square miles, of which 22.2 square miles is land and 4.1 square miles, or 15.58%, is water. Hingham is bordered on the east by Cohasset, Scituate, on the south by Norwell and Rockland, on the west by Weymouth, on the north by Hingham Bay and Hull. Cohasset and Weymouth are in Norfolk County. Hingham is 14 miles southeast of downtown Boston. Hingham lies along the sou