1930

Institute for Advanced Study founded. This ivory tower of academia, if ever there was one, was the result of a “synchronous” act of philanthropy. The Institute was underwritten with a gift from Mr. Louis Bamberger and his sister, Mrs. Felix Fuld, under the...

1914

The Federal Reserve System began its operations in 1914 with the activity of the Organization Committee, appointed by Woodrow Wilson, and composed of Secretary of the Treasury William McAdoo, who was his son-in-law, Secretary of Agriculture Houston and Comptroller of...

1911

A political cartoon drawn by cartoonist Robert Minor for the St. Louis Post-Dispatch in 1911 made an unusual statement. Minor’s cartoon portrays a bearded, beaming Karl Marx standing in Wall Street with Socialism tucked under his arm and accepting the...

1910

With the financial support of the Harriman and Rockefeller families, Charles Davenport established the Eugenics Record Office at Cold Spring Harbour and appointed Harry Laughlin as its superintendent. Normandy. The crew of a French fishing boat operating off the coast...

1909

England. Mystery airships seen almost exclusively at night, once again visited many parts of Britain. Mostly described as oblong in shape and equipped with a large searchlight, the craft was capable of propelling itself through the air at great speed. Persian...