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Posts Tagged ‘J.P. Morgan’

1915

The success of Francqui and Hoover at provisioning Germany during the First World War was noted in Nordeutsche Allgemeine Zeitung, March 13, 1915, which noted that large quantities of food were now arriving from Belgium by rail. Schmoller’s Yearbook for Legislation, Administration and Political Economy for 1916, shows that one billion pounds of meat, one and a […]

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 the Currency John Skelton Williams. […] The certification of incorporation of the Federal Reserve Bank of […]

1912

The psychologist Henry Goddard had introduced the Binet intelligence test to the US at the start of the century. This gave the eugenicists a way to quantify intelligence, and, more particularly, measure and define ‘idiots’, ‘imbeciles’ and ‘morons’. Goddard’s famous study of the inheritance of feeble-mindedness in the pseudonymous ‘Kallikak’ family was published in 1912. Senator LaFollette and Congressman Lindbergh spoke regularly […]