Sublime

That armor was as strong as ever. The Coinage Act of 1873 pleased bondholders and bankers, the well-to-do, by making gold the monetary standard, completely eliminating silver as a standard. But farmers and working people, debtors of all types—“those who labor under all the hardships of life,” in Madison’s words—were infuriated by the “Crime of ’73,

obtuse.

By August 11 bank scrip had zoomed from the $25 offering price to $300, with government bonds also touching delirious new heights. When bankers drained credit from the market, speculators dumped their scrip, the bubble burst, and prices plummeted. Hamilton steadied the market by buying government securities, but Jefferson was convinced that scrip h

IN LESS THAN SIX months, General Suleiman had lost a nuclear facility he’d managed to keep secret for five years, and a close confidant and ally who’d cheated death for decades. Humiliated and furious, he ordered Scud missiles, some armed with chemical warheads, prepared for launch into Israel. He demanded that Assad strike back with aggression. As

The most intriguing archaeological find has been the discovery of lead shot and gun flints, showing that Washington allowed selected slaves to keep firearms and hunt wild game in the woods. The remains of fifty-eight animal species have been identified in the slave cellar. The slaves could either eat the game or sell it to the master’s table. Washi

Following the trail left by those overlooked documents in Moses’ files, the hard-riding reporters had come at last upon the secret that would destroy the heart of the Moses legend: the fact that this man who supposedly scorned politicians had allowed the top echelon of New York’s politicians to reap fortunes from his Title I program.

But to appoint agents in each township would have been to centre in his person the most formidable of powers, that of a judicial administration.

But thereafter he treated La Guardia not as his superior but as an equal. In the areas of transportation and recreation, Robert Moses, who had never been elected by the people of the city to any office, was henceforth to have at least as much of a voice in determining the city’s future as any official the people had elected—including the Mayor.

He did this by activating three still amorphous clauses—the necessary-and-proper clause, the general-welfare clause, and the commerce clause—making them the basis for government activism in economics.