DOCSLIB.ORG

1923. Congressional Record-House

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
1923. Congressional Record-House 1923. CONGRESSIONAL RECORD-HOUSE. of such bank and of its principal stockholders that such capital will adjourn, the adjournment being under the agreement until within three years be increased to $25,(100. If any such undertakings have not been fulfilled within three years, the Federal Reserve Board to-morrow at 11 o'clock. may forbid 'Such bank to enjoy any of the privileges of this act, and Mr. HARRISON. Will the Senator withhold that motion for may require it to withdraw forthwith from membership in the Federal a moment? reserve system." - · SEC. 9. That section 13 of the Federnl reserve act, as amended, ls Mr. CURTIS. Certainly. hereby further amended by striking out the proviso at the end of the Mr. HARRISON. Is it the intention that to-morrow we second paragraph of said section and inserting in lieu thereof the shall take an adjournment until 12 o'clock on Monday? following : · " Upon the indorsement of any of its member banks, which shall be Mr. CURTIS. The Senator from Washington [Mr. JONES] deemed a waiver of demand, notice, and protest by such bank as. to agreed the other day that on Sunday an adjournment should its own indorsement exclusively, and subject to regulations and Um1la­ be taken until Monday, so that we would have a morning hour tions to be presct·ibed by the Federal Reserve Board, any Federal. re­ on Monday, and that agreement will be carried out. serve bank may discount or pu1~chase bills of exchange payable at sight or on demand which are drawn to finance the domestic shipment of non­ The VICE PRESIDENT. The question is on agreeing to the perishable, readily marketable staple agricultural products and are motion of the Senator from Kansas that the Senate adjourn. secured by bills of lading or other shipping documents conveying. or The motion was agreed to; and the Senate (at 3 o'clock and securing title to such staples : Provided, however, That aU 'Such bills of exchange shall be forwarded promptly for collection, and demand for 50 minutes p. m.) adjourned, the adjournment being under payment shall be made with reasonable promptness after the arrival of the previous order until to-morrow, Sunday, January 28, 1923, such staples at their destination : Provided further, That no such bill at 11 o'clock a. m. shall in any event be held by or for the account of a Federal reserve 1 bank for a period in excess of 90 days. In discounting such bill'S Fed­ eral reserve banks may compute the interest to be deducted on the basis of the estimated life of each bill and adjust the discount after payment of such bills to conform to the actual life thereof." HOUSE OF REPRESENTATIVES. SEC. 10. ·rhat section 13 of the Federal reserve act, as amended, is hereby further amended by striking out the fourth paragraph thereof 8.ATURDAY, and inserting in lieu thereof the following : January 27, 1923. ".Any Federal reserve bank may discount acceptances of the kinds hereinafter described, which have a maturity at the time of discount The House met at 12 o'clock noon. of not more than 90 days' sight, exclusive of days of grace, and which Monsignor Thomas, St. Patrick's Church, Washington, D. C., are indorsed by at least one member bank : Provided, That such accept­ offered the following prayer : ances if drawn for an agricultural purpose and secured at the time of acceptance by warehouse receipts or other such document conveying or Cease not, 0 Lord, to protect us. Every day brings new securing title covering readily marketable staples may be discounted problems; every day begets new difficulties. Without Thy with a maturity at the time of discount of not more than six month'S' sight, exclusive of days of grace." light and sti·ength we are weak and we grope in darkness. SICC. 11. That the Federal reserve act, as amended, be further The results of our deliberations and the. enactments we amended by adding at the end of section 13 a new section, to be num­ frame are laden with intense importance for the people we bered section 13a, and to read as follows : "SEC. 13a. Upon the indorsement of any of its member banks, which represent. And we beg Thee so earnestly to aid us powerfully shall be deemed a waiver of demand, notice, and protest by such bank in our labors and direct them into ways which are right and as to its own indorsement exclusively, any Federal reserve bank may just. discount notes, drafts, and bills of exchange issued or drawn for an agricultural purpose, or based upon live stock, and have a maturity, at We pray Thee especially for this day's needs arid require­ the time of discount, exclusive of days of grace, not exceeding nine ments that all proceed smoothly; tbat harmony reign and good months: P1·ovided, however; That notes, drafts, and bills of exchange will prevail. with maturities in exceS'S oI six months shall not be eligible as a basis for the issuance of Federal reserve notes unless secured by warehouse Grant 'us counsel, fortitude, perseverance; in the end to re~ receipts or other such negotiable documents conveying or securing title joice in the accomplishment of good, the formulating of just to readily marketable staple agricultural products or by chattel mort­ measures, and fulfillment of Thy will and attainment of peace, gage upon live stock which is being fattened for market. " That any Federal reserve bank may rediscount such notes, drafts, progress, uprightness, and honesty of life, for Thy glory and and bills for any Federal land bank, except that no Federal reserve the welfare of this Republic. bank shal1 rediscount for a l!~ederal land bank any such note or obli­ The Journal of the proceedings of yesterday was read anct gation which bears the indorsement of a nonmember State bank or trust company which is eligible for membership in the Federal reserve approved. system, in accordance with section 9 of the Federal reserve act. LEAVE TO EXTEND REMARKS. "Notes, drafts, or bills of exchange issued or drawn by cooperating marketing associations composed of producers of a.gricultural products Mr. FREAR. Mr. Speaker, I ask unanimous consent to ex­ shall be deemed to have been issued or drawn for an agricultural pur­ tend my remarks in the RECORD on the subject of judicial de­ pose, within the meaning of this section, if the proceeds thereof have cisions. ·been or are to be advanced by such association to any members thereof for an agricultural purpose, or have been or are to be used The SPEAKER. The gentleman from Wisconsin asks unani­ by such association in making payments to any members thereof on mous consent to extend his remarks in the RECORD on the sub­ account of agricultural products delivered by such members to the ject of judicial decisions. Is there <,>bjection? association, or if such proceeds have been or are to be used by such Mr. STAFFORD. The gentleman's own remarks? association to meet expenditures incurred or to be incurred by the association in connection with the grading, processing, packing, prep­ Mr. FREAR. Yes. aration for market, or marketing of any agricultural product han­ The SPEAKER. The Chair hears no objection. dled by such association for any of its members : Provided, however, That . the express enumeration in this paragraph of certain classes The extension of remarks referred to is here printed in full of paper of cooperative marketing associations as eligible for rediscount as follows: shall not be construed as rendering ineligible any other class of 1\Ir. FREAR. ~r. Speaker, in his extension of remarks of paper of such associations which is now eligible for rediscount. "The Federal Reserve Board may, by regulation, limit to' a per­ December 28 the able Member from Missouri [Mr. HA.wEs] centage of the assets of a Federal reserve bank the amount of notes, briefly discussed the right to judicial reviews of legislative drafts, acceptances, or bills having a maturity in excess of thrPe enactments. His suggestion that discussion of the subject is months, but not exceeding six months, exclusive of days of grace, helpful reflects a general opinion of any important proposal, which may be discounted by such bank, and the amount of notes, drafts, bills, or acceptances having a maturity in excess of six and the subject of a limitation to "judge-made laws" has also months, but not exceeding nine months, which may be discounted by been urged by eminent authority. such bank." A famous individual termed "John Doe" once figured con­ The amendments were agreed to. spicuously in legal lore and pleadings. The present case of Doe, The VICE PRESIDENT. Action on the committee amend­ as I understand it, is a protest against alleged reactionary men, ments has been completed. parties, and policies and al1eged reactionary judges, courts, or Mr. LENROOT. That leaves the bill open for amendment decisions. Any brief in support of Doe's contention might prop­ at any point. erly reach into volumes and should cover thoroughly different l\fr. McKELLAR. I offer an amendment which I ask the phases of the court's alleged usurpation and problems involved Secretary to read, and then I ask that it may be pending for through judge-made laws. I leave that task to others who action on l\fonday. _ make such allegations and have the time and desire to prepare The VICE PRESIDENT. Tbe Secretary will read the a case of that character. · amendment. The views I desire to express are without suggestion from The ASSISTANT SECRETARY.
Load more

Recommended publications
  • Lincoln Steffens: "The Shame of Minneapolis."
    THE SHAME OF MINNEAPOLIS : The Ruin and Redemption of a City that was Sold Out. By Lincoln Steffens _____ With an Introduction by Mark Neuzil, Ph.D. Lincoln Steffens in 1914 1 Minneapolis and the Muckrakers: Lincoln Steffens and the Rise of Investigative Journalism * By Mark Neuzil, Ph.D. ** The muckraking era in American history is generally thought of as beginning in about 1902 and lasting until the end of the Taft administration or the beginning of World War One, depending on which historian you read. Muckraking, in terms of journalism history, is thought of as a crusading, reform-oriented style of the craft that fathered the investigative reporting of modern times, from Watergate to current issues. One of the most significant early muckraking stories happened here in Minneapolis, and although it is sometimes overlooked in the general journalism histories of the time, it remains important to our understanding of how the field evolved. The story was titled “The Shame of Minneapolis: The Ruin and Redemption of a City that was Sold Out,” and it ___________ * An earlier version of this paper was delivered on October 5, 2003, to an audience at the Mill City Museum in Minneapolis. It was revised by the author in September 2011, for the MLHP . ** Mark Neuzil received his doctorate from the University of Minnesota in 1993. He was a reporter for several years for many newspapers, including the Minneapolis Star Tribune . In 1993, he joined the Department of Communication and Journalism at the University of St. Thomas in St. Paul. His publications include: Mass Media and Environmental Conflict: America's Green Crusades (Sage, 1996) co-authored with William Kovarik; Views of the Mississippi: The Photographs of Henry Bosse (Minnesota, 2001), which won a Minnesota Book Award; A Spiritual Field Guide; Meditations for the Outdoors (Brazos Press, 2005), co-authored with Bernard Brady; and The Environment and the Press: From Adventure Writing to Advocacy (Northwestern University Press, 2008).
    [Show full text]
  • Radicalism and the Limits of Reform: the Case of John Reed
    DIVISION OF THE HUMANITIES AND SOCIAL SCIENCES CALIFORNIA INSTITUTE OF TECHNOLOGY PASADENA, CALIFORNIA 91125 RADICALISM AND THE LIMITS OF REFORM: THE CASE OF JOHN REED Robert A. Rosenstone To be published in a volume of essays honoring George Mowry HUMANITIES WORKING PAPER 52 September 1980 ABSTRACT Poet, journalist, editorial bo,ard member of the Masses and founding member of the Communist Labor Party, John Reed is a hero in both the worlds of cultural and political radicalism. This paper shows how his development through pre-World War One Bohemia and into left wing politics was part of a larger movement of middle class youngsters who were in that era in reaction against the reform mentality of their parent's generation. Reed and his peers were critical of the following, common reformist views: that economic individualism is the engine of progress; that the ideas and morals of WASP America are superior to those of all other ethnic groups; that the practical constitutes the best approach to social life. By tracing Reed's development on these issues one can see that his generation was critical of a larger cultural view, a system of beliefs common to middle class reformers and conservatives alike. Their revolt was thus primarily cultural, one which tested the psychic boundaries, the definitions of humanity, that reformers shared as part of their class. RADICALISM AND THE LIMITS OF REFORM: THE CASE OF JOHN REED Robert A. Rosenstone In American history the name John Reed is synonymous with radicalism, both cultural and political. Between 1910 and 1917, the first great era of Bohemianism in this country, he was one of the heroes of Greenwich Village, a man equally renowned as satiric poet and tough-minded short story writer; as dashing reporter, contributing editor of the Masses, and co-founder of the Provinceton Players; as lover of attractive women like Mabel Dodge, and friend of the notorious like Bill Haywood, Enma Goldman, Margaret Sanger and Pancho Villa.
    [Show full text]
  • Lesson Five: Families in the Mansion
    Lesson Five: Families in the Mansion Objectives Students will be able to: ¾ Understand the purpose and function of the original mansion built on the corner of 16th and H Streets, Sacramento ¾ Explain the lives of the private families who lived in the mansion ¾ Describe life at the mansion from the perspective of the governors and their families who lived there Governor’s Mansion State Historic Park – California State Parks 41 Lesson Five: Families in the Mansion Governor’s Mansion State Historic Park – California State Parks 42 Lesson Five: Families in the Mansion Pre-tour Activity 1: The Thirteen Governors and Their Families Materials ; Handouts on each of the thirteen governors and their families ; Map of the United States (either a classroom map or student copies) ; “The Thirteen Governors and Their Families” worksheet Instructional Procedures 1. Explain to the students that we learn about history by reading and thinking about the lives of people who lived before us. True life stories about people are called biographies. Have the class read the governors’ biographies. As they read they should consider the following questions: Where was the governor raised? Who was his wife? How many children did they have? What was it like to be the son or daughter of the governor? What did the governor do before he became governor? In what ways did the governor’s family make the Governor’s Mansion a home? 2. Explain to the students that most of the governors were not born in California. On the United States map identify the city or state where each governor was raised and his family was from.
    [Show full text]
  • Muckraking: a Dirty Job with Clean Intentions Courtney E
    The Histories Volume 7 | Issue 2 Article 2 Muckraking: A Dirty Job with Clean Intentions Courtney E. Bowers La Salle University Follow this and additional works at: https://digitalcommons.lasalle.edu/the_histories Part of the History Commons Recommended Citation Bowers, Courtney E. () "Muckraking: A Dirty Job with Clean Intentions," The Histories: Vol. 7 : Iss. 2 , Article 2. Available at: https://digitalcommons.lasalle.edu/the_histories/vol7/iss2/2 This Paper is brought to you for free and open access by the Scholarship at La Salle University Digital Commons. It has been accepted for inclusion in The iH stories by an authorized editor of La Salle University Digital Commons. For more information, please contact [email protected]. The Histories, Volume 7, Number 2 2 I. Muckraking: A Dirty Job with Clean Intentions By Courtney E. Bowers ‘08 There is nothing more interesting to people than other people. The plethora of tabloids and morning discussions over who has broken up with whom attest to this fact. People love to read about the gripping stories of other people’s lives, especially when their own seem so boring and unexciting. They love the triumphs of a hard battle won, of a good turnout against all odds. But they love the darker side of humanity even more— hearing about thievery and calumny and murder and all the foibles of the lives of the rich, famous and powerful. In a sense, it is a way of “sticking it to the man,” as the saying goes. Such stories show opportunities that the average man will never have, and how they blew up in the face of those who misused them.
    [Show full text]
  • Preparing the Minds Ofthe People: Three Hundred Years of the American Newspaper
    Preparing the Minds ofthe People: Three Hundred Years of the American Newspaper MICHAEL SCHUDSON HE AMERICAN NEWSPAPER is a remarkable institution, an intriguing and important historical achievement, today Tthe most representative carrier and construer and creator of modern public consciousness. But its very familiarity may make this difficult to keep in mind. It is both remarkable and ordinary at once, and it has been so at least since Ralph Waldo Emerson wrote about it in his journal 140 years ago: 'The immense amount of valuable knowledge now afloat in society enriches the newspa- pers, so that one cannot snatch an old newspaper to wrap his shoes in, without his eye being caught by some paragraph of precious science out of London or Paris which he hesitates to lose forever. My wife grows nervous when I give her waste paper lest she is burning holy writ, and wishes to read it before she puts it under her pies." This paper was given on November 12,1990, as the American Antiquarian Society's eighth annual James Russell Wiggins Lecture in the History of the Book in American Culture, and as the fourth lecture in the series 'Three Hundred Years ofthe American Newspaper,' a program made possible by a grant from the Gannett Foundation. I. The Journals and Miscellaneous Notebooks of Ralph Waldo Emerson, ed. William H. Gil- man, et al., 16 vols. (Cambridge, Mass: Harvard University Press, 1973), 10: 353 (journal entry of 1848). MICHAEL SCHUDSON is professor of communications in the Department of Communication and the Department of Sociology at the University of California, San Diego.
    [Show full text]
  • The Determinants of Progressive Era Reform: the Pure Food and Drugs Act of 1906
    NBER WORKING PAPER SERIES THE DETERMINANTS OF PROGRESSIVE ERA REFORM: THE PURE FOOD AND DRUGS ACT OF 1906 Marc T. Law Gary D. Libecap Working Paper 10984 http://www.nber.org/papers/w10984 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 December 2004 The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research. © 2004 by Marc T. Law and Gary D. Libecap. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. The Determinants of Progressive Era Reform: The Pure Food and Drugs Act of 1906 Marc T. Law and Gary D. Libecap NBER Working Paper No. 10984 December 2004 JEL No. I1, N4, L5 ABSTRACT We examine three theories of Progressive Era regulation: public interest, industry capture, and information manipulation by the federal bureaucracy and muckraking press. Based on analysis of qualitative legislative histories and econometric evidence, we argue that the adoption of the 1906 Pure Food and Drugs Act was due to all three factors. Select producer groups sought regulation to tilt the competitive playing field to their advantage. Progressive reform interests desired regulation to reduce uncertainty about food and drug quality. Additionally, rent-seeking by the muckraking press and its bureaucratic allies played a key role in the timing of the legislation. We also find that because the interests behind regulation could not shape the enforcing agency or the legal environment in which enforcement took place, these groups did not ultimately benefit from regulation in the ways originally anticipated.
    [Show full text]
  • Lincoln Steffens's the Shame of the Cities, and the Philosophy Of
    Lincoln Steffens’s The Shame of the Cities, and the Philosophy of Corruption and Reform Lincoln Steffens’s The Shame of the Cities, and the Philosophy of Corruption and Reform Edited, Annotated and Introduced by H.G. Callaway Lincoln Steffens’s The Shame of the Cities, and the Philosophy of Corruption and Reform Edited, Annotated and Introduced by H.G. Callaway This book first published 2020 Cambridge Scholars Publishing Lady Stephenson Library, Newcastle upon Tyne, NE6 2PA, UK British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library Copyright © 2020 by H.G. Callaway All rights for this book reserved. No part of this book may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the copyright owner. ISBN (10): 1-5275-4227-0 ISBN (13): 978-1-5275-4227-3 TABLE OF CONTENTS Preface ............................................................................................. vii Steffens, the Cities, Gilded Age Corruption and Reform ................................................. xi The Shame of the Cities Introduction; and Some Conclusions ................................................. 1 Tweed Days in St. Louis ................................................................. 19 The Shame of Minneapolis .............................................................. 41 The Shamelessness of St. Louis .....................................................
    [Show full text]
  • Il Lincoln Steffens & the Muckrakers Progress
    il Lincoln Steffens & the MuckRakers Progress -Elizabeth Pillows- Lincoln Steffens was born in San Francisco, California on April 6, 1866, oldest out of four children, only boy with all sisters. He died on August 9, 1936 at the age of 70 due to heart failure. He served a long life as an American investigative journalist; researching single topics in America like the crimes, wrongdoing of news and political corruption. Steffens, sole of the MuckRakers in the Progressive era, released a sequence of articles in the magazine title McClure’s, which he named “Tweed Days in St. Louis.” Steffens’ article, “Tweed Days in St. ​ ​ ​ ​ ​ Louis,” was then shortly presented in his own released book, The Shame of the Cities. Steffens ​ ​ often was recalled for investigating corruption skills in the municipal government around all American cities and for his left-wing political views. During the time many corrupted politicians took control over and ruled city governments in 1890. They bought off businesses, and they got money through excessive force and threats. They did things like practicing nepotism, where they gave family members and/or friends jobs, not based on their abilities, but because they were acquainted. Steffens then tried to expose the corruptions through one of his articles; the “Tweed Days in St. Louism,” which was published in ​ ​ October 1902. He wrote about not only political corruption in St. Louis but in other corrupted cities as well, like: Chicago, Minneapolis, NewYork, Pittsburg, and Philadelphia. The articles did not impact the cities very fast, but slowly they made the government take action and try to stop the corruption.
    [Show full text]
  • The Muckrakers Progressive
    Defining Moments The muckrakers and the progressive era Laurie Collier Hillstrom P.O. Box 31-1640 Detroit, MI 48231 Table of Contents Preface . ix How to Use This Book . xiii Research Topics for The Muckrakers and the Progressive Era . xv NARRATIVE OVERVIEW Prologue . .3 Chapter One: Events Leading Up to the Progressive Era . .7 Chapter Two: The Role of Journalism in America . .21 Chapter Three: Addressing Social Problems . .35 Chapter Four: Battling the Titans of Industry . .51 Chapter Five: Exposing Government Corruption . .69 Chapter Six: The Muckraking Tradition Continues . .85 Chapter Seven: Legacy of the Progressive Era . .103 BIOGRAPHIES Ray Stannard Baker (1870-1946) . .115 Journalist and Author of Following the Color Line S.S. McClure (1857-1949) . .119 Progressive Owner and Editor of McClure’s Magazine David Graham Phillips (1867-1911) . .124 Journalist Who Wrote the “Treason of the Senate” Series v Defining Moments: The Muckrakers and the Progressive Era Jacob Riis (1849-1914) . .128 Photographer and Author of How the Other Half Lives John D. Rockefeller (1839-1937) . .132 Industrial Tycoon, Philanthropist, and Major Target of the Muckrakers Theodore Roosevelt (1858-1919) . .137 President of the United States, 1901-1909 Upton Sinclair (1878-1968) . .142 Journalist, Political Leader, and Author of The Jungle Lincoln Steffens (1866-1936) . .148 Journalist and Author of The Shame of the Cities Ida M. Tarbell (1857-1944) . .152 Journalist and Author of The History of the Standard Oil Company PRIMARY SOURCES President Theodore Roosevelt Promises Progressive Reform . .159 Jacob Riis Chronicles the Struggles of the Urban Poor . .165 John Spargo Describes the Tragedy of Child Labor .
    [Show full text]
  • Andrew Furuseth Supple
    Organized 1885 Official Organ of the Sailors' Union of the Pacific SPECIAL EDITION SAN FRANCISCO, CALIFORNIA Friday, March 12, 2004 In memory of the Emancipator of Seamen Andrew Furuseth 150th ANNIVERSARY ith this special edition of the West Coast Sailors, the Sailors Union Damstuen, where five more children were born. Nielsens job there was to look of the Pacific proudly honors the memory of Andrew Furuseth who after the locks of a dam. His income was too small to support such a large family, W and the Nielsens suffered continuous poverty. Meals often consisted of potatoes was born 150 years ago this month. His was a life of superlatives, monumental battles, transcendent victories, dipped in herring sauce and bread made of tree bark and flour. To supplement this and horrible defeats: a fantastic voyage. Just as his life, his personal descrip- starchy diet, the father would hunt and fish. tions tend to the extreme. He was relentless and resolute, austere and severe, When Furuseth was eight years old, he was sent to Ostby in Romedal to live and virtuous and uncompromising, work with Jonas S. Schjotz, a monolithic and multi-faceted. He farmer, in order to help his fam- founded, built and cared for the ily. The choice was fortunate, for Union that he would eventually Schjotz, noticing the boys keen expel from the International interest in learning, arranged for Seamens Union of America his admission to a private Lutheran (ISU). Though his personal tra- school. When Andrew was con- jectory contained steep angles in firmed in 1869, at the age of fif- all directions, Furuseth himself teen, the church register recorded, did not waiver in his single goal: knowledge good, fairly good con- to improve the conditions of dition.
    [Show full text]
  • The Muckrakers
    326-327-Chapter 9 10/21/02 5:07 PM Page 326 ICAN MER A E LITERAT U R The Muckrakers The tradition of the investigative reporter uncovering cor- 1902–1917 ruption was established early in the 20th century by the writ- ers known as muckrakers. Coined by President Theodore Roosevelt, the term muck- raker alludes to the English author John Bunyan’s famous 17th-century religious allegory The Pilgrim’s Progress, which features a character too busy raking up the muck to see a heavenly crown held over him. The originally negative term soon was applied to many writers whose reform efforts Roosevelt himself supported. The muckraking movement spilled over from journalism as writers such as Upton Sinclair made use of the greater dramatic effects of fiction. M IDA M. TARBELL Ida M. Tarbell’s “The History of the Standard Oil Company” exposed the ruthlessness with which John D. Rockefeller had turned his oil business into an all-powerful monopoly. Her writing added force to the trustbusting reforms of the early 20th century. Here Tarbell describes how Standard Oil used lower transporta- tion rates to drive out smaller refineries, such as Hanna, Baslington and Company. Mr. Hanna had been refining since July, 1869. Some time in February, 1872, the Standard Oil Company asked [for] an interview with him and his associates. They wanted to buy his works, they said. “But we don’t want to sell,” objected Mr. Hanna. “You can never make any more money, in my judg- ment,” said Mr. Rockefeller. “You can’t compete with the Standard.
    [Show full text]
  • THE UNTOLD PROGRESSIVISM of ELIHU ROOT by ROB LITTLE
    UNFADING HALO: THE UNTOLD PROGRESSIVISM OF ELIHU ROOT by ROB LITTLE Bachelor of Arts, 2004 Midwestern State University Wichita Falls, Texas Master of Arts, 2006 Midwestern State University Wichita Falls, Texas Submitted to the Graduate Faculty of AddRan College of Liberal Arts Texas Christian University in partial fulfillment of the requirements for the degree of Doctor of Philosophy December, 2015 Copyright by Robert L. Little 2015 ii For Puja and Asha with all my love. For Mom and Dad, thanks for believing in me. iii ACKNOWLEDGEMENTS In such a herculean effort, much of the credit rests with the supporters that made the task bearable and possible. First, I would like to thank my family. My parents, Mike and Diane gave their unyielding support through this and every endeavor in my life. For that, I am eternally grateful. Next, I would like my to thank my wife Puja, for her enduring love and patience. At various moments, when I doubted my ability to complete this process, she always kept me focused and driven to finish. I would like to thank my wife’s parents Ramesh and Usha for their persistence and confidence. Lastly, I would like to thank my daughter Asha. Once I found out that she was going to be born, she served as my inspiration to complete. I wanted set an example for her to finish what you start. Though she doesn’t know it yet, she played a major role in this project. I owe a tremendous debt of gratitude to those within the Department of History at TCU.
    [Show full text]