According to one economist, âBiden could be finished. Your life savings are facing disaster because of this new crisis. Here's what to do right nowâ¦â [Income Investing Insider]( A note from the Editor: At Income Investing Insider, we keep an eye out for favorable circumstances we believe will interest our readers. The following is one such message from one of our colleagues I think youâll appreciate. The biography for President Roosevelt and past presidents is courtesy of the White House Historical Association. With the assassination of President William McKinley, Theodore Roosevelt, not quite 43, became the 26th and youngest President in the Nationâs history (1901-1909). He brought new excitement and power to the office, vigorously leading Congress and the American public toward progressive reforms and a strong foreign policy. With the assassination of President McKinley, Theodore Roosevelt, not quite 43, became the youngest President in the Nationâs history. He brought new excitement and power to the Presidency, as he vigorously led Congress and the American public toward progressive reforms and a strong foreign policy. He took the view that the President as a âsteward of the peopleâ should take whatever action necessary for the public good unless expressly forbidden by law or the Constitution.â I did not usurp power,â he wrote, âbut I did greatly broaden the use of executive power.â Rooseveltâs youth differed sharply from that of the log cabin Presidents. He was born in New York City in 1858 into a wealthy family, but he too struggledâagainst ill healthâand in his triumph became an advocate of the strenuous life. In 1884 his first wife, Alice Lee Roosevelt, and his mother died on the same day. Roosevelt spent much of the next two years on his ranch in the Badlands of Dakota Territory. There he mastered his sorrow as he lived in the saddle, driving cattle, hunting big gameâhe even captured an outlaw. On a visit to London, he married Edith Carow in December 1886. During the Spanish-American War, Roosevelt was lieutenant colonel of the Rough Rider Regiment, which he led on a charge at the battle of San Juan. He was one of the most conspicuous heroes of the war. Boss Tom Platt, needing a hero to draw attention away from scandals in New York State, accepted Roosevelt as the Republican candidate for Governor in 1898. Roosevelt won and served with distinction. As President, Roosevelt held the ideal that the Government should be the great arbiter of the conflicting economic forces in the Nation, especially between capital and labor, guaranteeing justice to each and dispensing favors to none. Roosevelt emerged spectacularly as a âtrust busterâ by forcing the dissolution of a great railroad combination in the Northwest. Other antitrust suits under the Sherman Act followed. Roosevelt steered the United States more actively into world politics. He liked to quote a favorite proverb, âSpeak softly and carry a big stick. . . . â Aware of the strategic need for a shortcut between the Atlantic and Pacific, Roosevelt ensured the construction of the Panama Canal. His corollary to the Monroe Doctrine prevented the establishment of foreign bases in the Caribbean and arrogated the sole right of intervention in Latin America to the United States. President Biden to Resign in Next 30 Days? According to one economist, âBiden could be finished. Your life savings are facing disaster because of this new crisis. Here's what to do right nowâ¦â [Biden resign](
Theodore Roosevelt, bynames Teddy Roosevelt and TR, (born October 27, 1858, New York, New York, U.S.âdied January 6, 1919, Oyster Bay, New York), 26th president of the United States (1901â09) and a writer, naturalist, and soldier. He expanded the powers of the presidency and of the federal government in support of the public interest in conflicts between big business and labour and steered the nation toward an active role in world politics, particularly in Europe and Asia. He won the Nobel Prize for Peace in 1906 for mediating an end to the Russo-Japanese War (1904â05), and he secured the route and began construction of the Panama Canal (1904â14). The early years Roosevelt was the second of four children born into a socially prominent family of Dutch and English ancestry; his father, Theodore Roosevelt, Sr., was a noted businessman and philanthropist, and his mother, Martha Bulloch of Georgia, came from a wealthy, slave-owning plantation family. In frail health as a boy, Roosevelt was educated by private tutors. From boyhood he displayed intense, wide-ranging intellectual curiosity. He graduated from Harvard College, where he was elected to Phi Beta Kappa, in 1880. He then studied briefly at Columbia Law School but soon turned to writing and politics as a career. In 1880 he married Alice Hathaway Lee, by whom he had one daughter, Alice. After his first wifeâs death, in 1886 he married Edith Kermit Carow (Edith Roosevelt), with whom he lived for the rest of his life at Sagamore Hill, an estate near Oyster Bay, Long Island, New York. They had five children: Theodore, Jr., Kermit, Ethel, Archibald, and Quentin. Theodore Roosevelt as a young man. As a child, Roosevelt had suffered from severe asthma, and weak eyesight plagued him throughout his life. By dint of a program of physical exertion, he developed a strong physique and a lifelong love of vigorous activity. He adopted âthe strenuous life,â as he entitled his 1901 book, as his ideal, both as an outdoorsman and as a politician. Theodore Roosevelt (centre left with glasses) and the Rough Riders, July 1898. Theodore Roosevelt riding a horse. Elected as a Republican to the New York State Assembly at 23, Roosevelt quickly made a name for himself as a foe of corrupt machine politics. In 1884, overcome by grief by the deaths of both his mother and his wife on the same day, he left politics to spend two years on his cattle ranch in the badlands of the Dakota Territory, where he became increasingly concerned about environmental damage to the West and its wildlife. Nonetheless, he did participate as a delegate to the Republican National Convention in 1884. His attempt to reenter public life in 1886 was unsuccessful; he was defeated in a bid to become mayor of New York City. Roosevelt remained active in politics and again battled corruption as a member of the U.S. Civil Service Commission (1889â95) and as president of the New York City Board of Police Commissioners. Appointed assistant secretary of the navy by President William McKinley, he vociferously championed a bigger navy and agitated for war with Spain. When war was declared in 1898, he organized the 1st Volunteer Cavalry, known as the Rough Riders, who were sent to fight in Cuba. Roosevelt was a brave and well-publicized military leader. The charge of the Rough Riders (on foot) up Kettle Hill during the Battle of Santiago made him the biggest national hero to come out of the Spanish-American War. [Click here now to find out the shocking issue which could break Biden's administration, and potentially force Biden to resign in the next 30 daysâ¦]( [CLICK HERE](
From what he called the presidencyâs âbully pulpit,â Roosevelt gave speeches aimed at raising public consciousness about the nationâs role in world politics, the need to control the trusts that dominated the economy, the regulation of railroads, and the impact of political corruption. He appointed young, college-educated men to administrative positions. But active as he was, he was cautious in his approach to domestic affairs. Roosevelt recognized that he had become president by accident, and he wanted above all to be elected in 1904. Likewise, as sensitive as he was to popular discontent about big business and political machines, he knew that conservative Republicans who were bitterly opposed to all reforms controlled both houses of Congress. Roosevelt focused his activities on foreign affairs and used his executive power to address problems of business and labour and the conservation of natural resources. Above all, Roosevelt relished the power of the office and viewed the presidency as an outlet for his unbounded energy. He was a proud and fervent nationalist who willingly bucked the passive Jeffersonian tradition of fearing the rise of a strong chief executive and a powerful central government. âI believe in a strong executive; I believe in power,â he wrote to British historian Sir George Otto Trevelyan. âWhile President, I have been President, emphatically; I have used every ounce of power there was in the office.â¦I do not believe that any President ever had as thoroughly good a time as I have had, or has ever enjoyed himself as much.â The Square Deal of Theodore Roosevelt Theodore Roosevelt Theodore Roosevelt Despite his caution, Roosevelt managed to do enough in his first three years in office to build a platform for election in his own right. In 1902 he resurrected the nearly defunct Sherman Antitrust Act by bringing a lawsuit that led to the breakup of a huge railroad conglomerate, the Northern Securities Company. Roosevelt pursued this policy of âtrust-bustingâ by initiating suits against 43 other major corporations during the next seven years. Early in his term, he also sought the creation of an agency that would have the power to investigate businesses engaged in interstate commerce (though without regulatory powers); the Bureau of Corporations was formally established in 1903. Study how Teddy Roosevelt leveraged federal power over mine owners to earn a victory for labourers Study how Teddy Roosevelt leveraged federal power over mine owners to earn a victory for labourersSee all videos for this article In 1902 Roosevelt intervened in the anthracite coal strike when it threatened to cut off heating fuel for homes, schools, and hospitals. The president publicly asked representatives of capital and labour to meet in the White House and accept his mediation. He also talked about calling in the army to run the mines, and he got Wall Street investment houses to threaten to withhold credit to the coal companies and dump their stocks. The combination of tactics worked to end the strike and gain a modest pay hike for the miners. This was the first time that a president had publicly intervened in a labour dispute at least implicitly on the side of workers. Roosevelt characterized his actions as striving toward a âSquare Dealâ between capital and labour, and those words became his campaign slogan in the 1904 election. Once he won that electionâoverwhelmingly defeating the Democratic contender Alton B. Parker by 336 to 140 electoral votesâRoosevelt put teeth into his Square Deal programs. He pushed Congress to grant powers to the Interstate Commerce Commission to regulate interstate railroad rates. The Hepburn Act of 1906 conveyed those powers and created the federal governmentâs first true regulatory agency. Also in 1906, Roosevelt pressed Congress to pass the Pure Food and Drug and Meat Inspection acts, which created agencies to assure protection to consumers. The âmuckrakers,â investigative journalists of the era, had exposed the squalid conditions of food-processing industries. Theodore Roosevelt photographed in Colorado in 1905. Rooseveltâs boldest actions came in the area of natural resources. At his urging, Congress created the Forest Service (1905) to manage government-owned forest reserves, and he appointed a fellow conservationist, Gifford Pinchot, to head the agency. Simultaneously, Roosevelt exercised existing presidential authority to designate public lands as national forests in order to make them off-limits to commercial exploitation of lumber, minerals, and waterpower. Roosevelt set aside almost five times as much land as all of his predecessors combined, 194 million acres (78.5 million hectares). In commemoration of Rooseveltâs dedication to conservation, Theodore Roosevelt National Park in North Dakota and Theodore Roosevelt Island in Washington, D.C., a 91-acre (37-hectare) wooded island in the Potomac River, were named in his honour. Foreign policy Roosevelt believed that nations, like individuals, should pursue the strenuous life and do their part to maintain peace and order, and he believed that âcivilizedâ nations had a responsibility for stewardship of âbarbarousâ ones. He knew that taking on the Philippine Islands as an American colony after the Spanish-American War had ended Americaâs isolation from international power politicsâa development that he welcomed. Every year he asked for bigger appropriations for the army and navy. Congress cut back on his requests, but by the end of his presidency he had built the U.S. Navy into a major force at sea and reorganized the army along efficient, modern lines. Several times during Rooseveltâs first years in office, European powers threatened to intervene in Latin America, ostensibly to collect debts owed them by weak governments there. To meet such threats, he framed a policy statement in 1904 that became known as the Roosevelt Corollary to the Monroe Doctrine. It stated that the United States would not only bar outside intervention in Latin American affairs but would also police the area and guarantee that countries there met their international obligations. In 1905, without congressional approval, Roosevelt forced the Dominican Republic to install an American âeconomic advisor,â who was in reality the countryâs financial director. Quoting an African proverb, Roosevelt claimed that the right way to conduct foreign policy was to âspeak softly and carry a big stick.â Roosevelt resorted to big-stick diplomacy most conspicuously in 1903, when he helped Panama to secede from Colombia and gave the United States a Canal Zone. Construction began at once on the Panama Canal, which Roosevelt visited in 1906, the first president to leave the country while in office. He considered the construction of the canal, a symbol of the triumph of American determination and technological know-how, his greatest accomplishment as president. As he later boasted in his autobiography, âI took the Isthmus, started the canal and then left Congress not to debate the canal, but to debate me.â Other examples of wielding the big stick came in 1906 when Roosevelt occupied and set up a military protectorate in Cuba and when he put pressure on Canada in a boundary dispute in Alaska. Russo-Japanese War Russo-Japanese War Roosevelt showed the soft-spoken, sophisticated side of his diplomacy in dealing with major powers outside the Western Hemisphere. In Asia he was alarmed by Russian expansionism and by rising Japanese power. In 1904â05 he worked to end the Russo-Japanese War by bringing both nations to the Portsmouth Peace Conference and mediating between them. More than just to bring peace, Roosevelt wanted to construct a balance of power in Asia that might uphold U.S. interests. In 1907 he defused a diplomatic quarrel caused by anti-Japanese sentiment in California by arranging the so-called Gentlemenâs Agreement, which restricted Japanese immigration. In another informal executive agreement, he traded Japanâs acceptance of the American position in the Philippines for recognition by the United States of the Japanese conquest of Korea and expansionism in China. Contrary to his bellicose image, Roosevelt privately came to favour withdrawal from the Philippines, judging it to be militarily indefensible, and he renounced any hopes of exerting major power in Asia. During his second term Roosevelt increasingly feared a general European war. He saw British and U.S. interests as nearly identical, and he was strongly inclined to support Britain behind the scenes in diplomatic controversies. In secret instructions to the U.S. envoys to the Algeciras Conference in 1906, Roosevelt told them to maintain formal American noninvolvement in European affairs but to do nothing that would imperil existing Franco-British understandings, the maintenance of which was âto the best interests of the United States.â Despite his bow toward noninvolvement, Roosevelt had broken with the traditional position of isolation from affairs outside the Western Hemisphere. At Algeciras, U.S. representatives had attended a strictly European diplomatic conference, and their actions favoured Britain and France over Germany. [--------------] [Income Investing Insider]( Email sent by Finance and Investing Traffic, LLC, owner and operator of Income Investing Insider From time to time, we send special emails or offers to readers who chose to opt-in. We hope you find them useful. Keep up to date with the world of investing and finance by [whitelisting us](. Copyright © 2023 Income Investing Insider. All Rights Reserved[.]( 221 W 9th St # Wilmington, DE 19801 [Privacy Policy]( | [Terms & Conditions]( | [Unsubscribe]( [Income Investing Insider](