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- Franklin D. Roosevelt - Sometimes, colleagues of New Trading View share special offers with us that we think our readers should be made aware of. Below is one such special opportunity that we believe deserves your attention. China just launched a hypersonic nuclear missile around the world. [Rocket]( [Here's]( America's response to it. By this time Philadelphia had become the capital city. With her charm and her laughing blue eyes, fair skin, and black curls, the young widow attracted distinguished attention. Before long Dolley was reporting to her best friend that âthe great little Madison has askedâ¦to see me this evening.â Although Representative James Madison of Virginia was 17 years her senior, and Episcopalian in background, they were married in September 1794. The marriage, though childless, was notably happy; âour hearts understand each other,â she assured him. He could even be patient with Dolleyâs son, Payne, who mishandled his own affairsâand, eventually, mismanaged Madisonâs estate. Discarding the somber Quaker dress after her second marriage, Dolley chose the finest of fashions. Margaret Bayard Smith, chronicler of early Washington social life, wrote: âShe looked a Queenâ¦It would be absolutely impossible for any one to behave with more perfect propriety than she did.â Blessed with a desire to please and a willingness to be pleased, Dolley made her home the center of society when Madison began, in 1801, his eight years as Jeffersonâs Secretary of State. She assisted at the White House when the President asked her help in receiving ladies, and presided at the first inaugural ball in Washington when her husband became Chief Executive in 1809. To Mexican troops this was aggression, and they attacked Taylorâs forces. Congress declared war and, despite much Northern opposition, supported the military operations. American forces won repeated victories and occupied Mexico City. Finally, in 1848, Mexico ceded New Mexico and California in return for $15,000,000 and American assumption of the damage claims. President Polk added a vast area to the United States, but its acquisition precipitated a bitter quarrel between the North and the South over expansion of slavery. Polk, leaving office with his health undermined from hard work, died in June 1849. Martin Van Buren was the eighth President of the United States (1837-1841), after serving as the eighth Vice President and the tenth Secretary of State, both under President Andrew Jackson. While the country was prosperous when the âLittle Magicianâ was elected, less than three months later the financial panic of 1837 punctured the prosperity. Only about 5 feet, 6 inches tall, but trim and erect, Martin Van Buren dressed fastidiously. His impeccable appearance belied his amiabilityâand his humble background. Of Dutch descent, he was born in 1782, the son of a tavernkeeper and farmer, in Kinderhook, New York. As a young lawyer he became involved in New York politics. As leader of the âAlbany Regency,â an effective New York political organization, he shrewdly dispensed public offices and bounty in a fashion calculated to bring votes. Yet he faithfully fulfilled official duties, and in 1821 was elected to the United States Senate. By 1827 he had emerged as the principal northern leader for Andrew Jackson. President Jackson rewarded Van Buren by appointing him Secretary of State. As the Cabinet Members appointed at John C. Calhounâs recommendation began to demonstrate only secondary loyalty to Jackson, Van Buren emerged as the Presidentâs most trusted adviser. Jackson referred to him as, âa true man with no guile.â The rift in the Cabinet became serious because of Jacksonâs differences with Calhoun, a Presidential aspirant. Van Buren suggested a way out of an eventual impasse: he and Secretary of War Eaton resigned, so that Calhoun men would also resign. Jackson appointed a new Cabinet, and sought again to reward Van Buren by appointing him Minister to Great Britain. Vice President Calhoun, as President of the Senate, cast the deciding vote against the appointmentâand made a martyr of Van Buren. The âLittle Magicianâ was elected Vice President on the Jacksonian ticket in 1832, and won the Presidency in 1836. Van Buren devoted his Inaugural Address to a discourse upon the American experiment as an example to the rest of the world. The country was prosperous, but less than three months later the panic of 1837 punctured the prosperity. Basically, the trouble was the 19th-century cyclical economy of âboom and bust,â which was following its regular pattern, but Jacksonâs financial measures contributed to the crash. His destruction of the Second Bank of the United States had removed restrictions upon the inflationary practices of some state banks; wild speculation in lands, based on easy bank credit, had swept the West. To end this speculation, Jackson in 1836 had issued a Specie Circular requiring that lands be purchased with hard moneyâgold or silver. In 1837 the panic began. Hundreds of banks and businesses failed. Thousands lost their lands. For about five years the United States was wracked by the worst depression thus far in its history. Programs applied decades later to alleviate economic crisis eluded both Van Buren and his opponents. Van Burenâs remedyâcontinuing Jacksonâs deflationary policiesâonly deepened and prolonged the depression. Declaring that the panic was due to recklessness in business and overexpansion of credit, Van Buren devoted himself to maintaining the solvency of the national Government. He opposed not only the creation of a new Bank of the United States but also the placing of Government funds in state banks. He fought for the establishment of an independent treasury system to handle Government transactions. As for Federal aid to internal improvements, he cut off expenditures so completely that the Government even sold the tools it had used on public works. Inclined more and more to oppose the expansion of slavery, Van Buren blocked the annexation of Texas because it assuredly would add to slave territoryâand it might bring war with Mexico. Defeated by the Whigs in 1840 for reelection, he was an unsuccessful candidate for President on the Free Soil ticket in 1848. He died in 1862. The Presidential biographies on WhiteHouse.gov are from âThe Presidents of the United States of America,â by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association. Dolley Payne Todd Madison, one of the best known and loved First Ladies, was the wife of James Madison, the fourth President of the United States (1809-1817). Her iconic style and social presence boosted her husbandâs popularity as President. For half a century she was the most important woman in the social circles of America. To this day she remains one of the best known and best loved ladies of the White Houseâthough often referred to, mistakenly, as Dorothy or Dorothea. She always called herself Dolley, and by that name the New Garden Monthly Meeting of the Society of Friends, in Piedmont, North Carolina, recorded her birth to John and Mary Coles Payne, settlers from Virginia. In 1769 John Payne took his family back to his home colony, and in 1783 he moved them to Philadelphia, city of the Quakers. Dolley grew up in the strict discipline of the Society, but nothing muted her happy personality and her warm heart. John Todd, Jr., a lawyer, exchanged marriage vows with Dolley in 1790. Just three years later he died in a yellow-fever epidemic, leaving his wife with a small son. Dolleyâs social graces made her famous. Her political acumen, prized by her husband, is less renowned, though her gracious tact smoothed many a quarrel. Hostile statesmen, difficult envoys from Spain or Tunisia, warrior chiefs from the west, flustered youngstersâshe always welcomed everyone. Forced to flee from the White House by a British army during the War of 1812, she returned to find the mansion in ruins. Undaunted by temporary quarters, she entertained as skillfully as ever. At their plantation Montpelier in Virginia, the Madisons lived in pleasant retirement until he died in 1836. She returned to the capital in the autumn of 1837, and friends found tactful ways to supplement her diminished income. She remained in Washington until her death in 1849, honored and loved by all. The delightful personality of this unusual woman is a cherished part of her countryâs history. The biographies of the First Ladies on WhiteHouse.gov are from âThe First Ladies of the United States of America,â by Allida Black. Copyright 2009 by the White House Historical Association. James Madison, Americaâs fourth President (1809-1817), made a major contribution to the ratification of the Constitution by writing The Federalist Papers, along with Alexander Hamilton and John Jay. In later years, he was referred to as the âFather of the Constitution.â At his inauguration, James Madison, a small, wizened man, appeared old and worn; Washington Irving described him as âbut a withered little apple-John.â But whatever his deficiencies in charm, Madisonâs ⦠wife Dolley compensated for them with her warmth and gaiety. She was the toast of Washington. Born in 1751, Madison was brought up in Orange County, Virginia, and attended Princeton (then called the College of New Jersey). A student of history and government, well-read in law, he participated in the framing of the Virginia Constitution in 1776, served in the Continental Congress, and was a leader in the Virginia Assembly. When delegates to the Constitutional Convention assembled at Philadelphia, the 36-year-old Madison took frequent and emphatic part in the debates. Madison made a major contribution to the ratification of the Constitution by writing, with Alexander Hamilton and John Jay, the Federalist essays. In later years, when he was referred to as the âFather of the Constitution,â Madison protested that the document was not âthe off-spring of a single brain,â but âthe work of many heads and many hands.â In Congress, he helped frame the Bill of Rights and enact the first revenue legislation. Out of his leadership in opposition to Hamiltonâs financial proposals, which he felt would unduly bestow wealth and power upon northern financiers, came the development of the Republican, or Jeffersonian, Party. As President Jeffersonâs Secretary of State, Madison protested to warring France and Britain that their seizure of American ships was contrary to international law. The protests, John Randolph acidly commented, had the effect of âa shilling pamphlet hurled against eight hundred ships of war.â Despite the unpopular Embargo Act of 1807, which did not make the belligerent nations change their ways but did cause a depression in the United States, Madison was elected President in 1808. Before he took office the Embargo Act was repealed. During the first year of Madisonâs Administration, the United States prohibited trade with both Britain and France; then in May, 1810, Congress authorized trade with both, directing the President, if either would accept Americaâs view of neutral rights, to forbid trade with the other nation. Napoleon pretended to comply. Late in 1810, Madison proclaimed non-intercourse with Great Britain. In Congress a young group including Henry Clay and John C. Calhoun, the âWar Hawks,â pressed the President for a more militant policy. The British impressment of American seamen and the seizure of cargoes impelled Madison to give in to the pressure. On June 1, 1812, he asked Congress to declare war. The young Nation was not prepared to fight; its forces took a severe trouncing. The British entered Washington and set fire to the White House and the Capitol. But a few notable naval and military victories, climaxed by Gen. Andrew Jacksonâs triumph at New Orleans, convinced Americans that the War of 1812 had been gloriously successful. An upsurge of nationalism resulted. The New England Federalists who had opposed the warâand who had even talked secessionâwere so thoroughly repudiated that Federalism disappeared as a national party. In retirement at Montpelier, his estate in Orange County, Virginia, Madison spoke out against the disruptive statesâ rights influences that by the 1830âs threatened to shatter the Federal Union. In a note opened after his death in 1836, he stated, âThe advice nearest to my heart and deepest in my convictions is that the Union of the States be cherished and perpetuated.â The Presidential biographies on WhiteHouse.gov are from âThe Presidents of the United States of America,â by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association. [Logotype by NTV]( You are receiving our newsletter because you opted-in for it on one of our sister websites. This ad is sent on behalf of Behind The Markets, 4260 NW 1st Avenue, Suite # 55
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