He's 100% right. âTheyâre looking to destroy the country,â... [logo]( Editorâs note
At The Classy Investors, 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. William Howard Taft was elected the 27th President of the United States (1909-1913) and later became the tenth Chief Justice of the United States (1921-1930), the only person to have served in both of these offices. Distinguished jurist, effective administrator, but poor politician, William Howard Taft spent four uncomfortable years in the White House. Large, jovial, conscientious, he was caught in the intense battles between Progressives and conservatives, and got scant credit for the achievements of his administration. Born in 1857, the son of a distinguished judge, he graduated from Yale, and returned to Cincinnati to study and practice law. He rose in politics through Republican judiciary appointments, through his own competence and availability, and because, as he once wrote facetiously, he always had his âplate the right side up when offices were falling.â But Taft much preferred law to politics. He was appointed a Federal circuit judge at 34. He aspired to be a member of the Supreme Court, but his wife, Helen Herron Taft, held other ambitions for him. His route to the White House was via administrative posts. President McKinley sent him to the Philippines in 1900 as chief civil administrator. Sympathetic toward the Filipinos, he improved the economy, built roads and schools, and gave the people at least some participation in government. President Roosevelt made him Secretary of War, and by 1907 had decided that Taft should be his successor. The Republican Convention nominated him the next year. Taft disliked the campaignââone of the most uncomfortable four months of my life.â But he pledged his loyalty to the Roosevelt program, popular in the West, while his brother Charles reassured eastern Republicans. William Jennings Bryan, running on the Democratic ticket for a third time, complained that he was having to oppose two candidates, a western progressive Taft and an eastern conservative Taft. Progressives were pleased with Taftâs election. âRoosevelt has cut enough hay,â they said; âTaft is the man to put it into the barn.â Conservatives were delighted to be rid of Rooseveltâthe âmad messiah.â Taft recognized that his techniques would differ from those of his predecessor. Unlike Roosevelt, Taft did not believe in the stretching of Presidential powers. He once commented that Roosevelt âought more often to have admitted the legal way of reaching the same ends.â Taft alienated many liberal Republicans who later formed the Progressive Party, by defending the Payne-Aldrich Act which unexpectedly continued high tariff rates. A trade agreement with Canada, which Taft pushed through Congress, would have pleased eastern advocates of a low tariff, but the Canadians rejected it. He further antagonized Progressives by upholding his Secretary of the Interior, accused of failing to carry out Rooseveltâs conservation policies. In the angry Progressive onslaught against him, little attention was paid to the fact that his administration initiated 80 antitrust suits and that Congress submitted to the states amendments for a Federal income tax and the direct election of Senators. A postal savings system was established, and the Interstate Commerce Commission was directed to set railroad rates. In 1912, when the Republicans renominated Taft, Roosevelt bolted the party to lead the Progressives, thus guaranteeing the election of Woodrow Wilson. Taft, free of the Presidency, served as Professor of Law at Yale until President Harding made him Chief Justice of the United States, a position he held until just before his death in 1930. To Taft, the appointment was his greatest honor; he wrote: âI donât remember that I ever was President.â Woodrow Wilson, a leader of the Progressive Movement, was the 28th President of the United States (1913-1921). After a policy of neutrality at the outbreak of World War I, Wilson led America into war in order to âmake the world safe for democracy.â Like Roosevelt before him, Woodrow Wilson regarded himself as the personal representative of the people. âNo one but the President,â he said, âseems to be expected ⦠to look out for the general interests of the country.â He developed a program of progressive reform and asserted international leadership in building a new world order. In 1917 he proclaimed American entrance into World War I a crusade to make the world âsafe for democracy.â Wilson had seen the frightfulness of war. He was born in Virginia in 1856, the son of a Presbyterian minister who during the Civil War was a pastor in Augusta, Georgia, and during Reconstruction a professor in the charred city of Columbia, South Carolina. After graduation from Princeton (then the College of New Jersey) and the University of Virginia Law School, Wilson earned his doctorate at Johns Hopkins University and entered upon an academic career. In 1885 he married Ellen Louise Axson. Wilson advanced rapidly as a conservative young professor of political science and became president of Princeton in 1902. His growing national reputation led some conservative Democrats to consider him Presidential timber. First they persuaded him to run for Governor of New Jersey in 1910. In the campaign he asserted his independence of the conservatives and of the machine that had nominated him, endorsing a progressive platform, which he pursued as governor. He was nominated for President at the 1912 Democratic Convention and campaigned on a program called the New Freedom, which stressed individualism and statesâ rights. In the three-way election he received only 42 percent of the popular vote but an overwhelming electoral vote. Wilson maneuvered through Congress three major pieces of legislation. The first was a lower tariff, the Underwood Act; attached to the measure was a graduated Federal income tax. The passage of the Federal Reserve Act provided the Nation with the more elastic money supply it badly needed. In 1914 antitrust legislation established a Federal Trade Commission to prohibit unfair business practices. Another burst of legislation followed in 1916. One new law prohibited child labor; another limited railroad workers to an eight-hour day. By virtue of this legislation and the slogan âhe kept us out of war,â Wilson narrowly won re-election. But after the election Wilson concluded that America could not remain neutral in the World War. On April 2,1917, he asked Congress for a declaration of war on Germany. Massive American effort slowly tipped the balance in favor of the Allies. Wilson went before Congress in January 1918, to enunciate American war aimsâthe Fourteen Points, the last of which would establish âA general association of nationsâ¦affording mutual guarantees of political independence and territorial integrity to great and small states alike.â After the Germans signed the Armistice in November 1918, Wilson went to Paris to try to build an enduring peace. He later presented to the Senate the Versailles Treaty, containing the Covenant of the League of Nations, and asked, âDare we reject it and break the heart of the world?â But the election of 1918 had shifted the balance in Congress to the Republicans. By seven votes the Versailles Treaty failed in the Senate. The President, against the warnings of his doctors, had made a national tour to mobilize public sentiment for the treaty. Exhausted, he suffered a stroke and nearly died. Tenderly nursed by his second wife, Edith Bolling Galt, he lived until 1924. He's 100% right. âTheyâre looking to destroy the country,â Trump warns as he calls out the threat from the Left. He even states they are a greater threat to America than hostile foreign nations.  Unfortunately, heâs right. And President Biden confirmed how far they are willing to go when he wrote Executive Order 14067. It was just signed into law without the approval of Congress or the American people, and itâs leading toward a future that is so aggressive even the left-leaning Newsweek warns itâs⦠âThe End of American freedom.â As the 19th President of the United States (1877-1881), Rutherford B. Hayes oversaw the end of Reconstruction, began the efforts that led to civil service reform, and attempted to reconcile the divisions left over from the Civil War. Beneficiary of the most fiercely disputed election in American history, Rutherford B. Hayes brought to the Executive Mansion dignity, honesty, and moderate reform. To the delight of the Womanâs Christian Temperance Union, Lucy Webb Hayes carried out her husbandâs orders to banish wines and liquors from the White House. Born in Ohio in 1822, Hayes was educated at Kenyon College and Harvard Law School. After five years of law practice in Lower Sandusky, he moved to Cincinnati, where he flourished as a young Whig lawyer. He fought in the Civil War, was wounded in action, and rose to the rank of brevet major general. While he was still in the Army, Cincinnati Republicans ran him for the House of Representatives. He accepted the nomination, but would not campaign, explaining, âan officer fit for duty who at this crisis would abandon his post to electioneer⦠ought to be scalped.â Elected by a heavy majority, Hayes entered Congress in December 1865, troubled by the âRebel influences ⦠ruling the White House.â Between 1867 and 1876 he served three terms as Governor of Ohio. Safe liberalism, party loyalty, and a good war record made Hayes an acceptable Republican candidate in 1876. He opposed Governor Samuel J. Tilden of New York. Although a galaxy of famous Republican speakers, and even Mark Twain, stumped for Hayes, he expected the Democrats to win. When the first returns seemed to confirm this, Hayes went to bed, believing he had lost. But in New York, Republican National Chairman Zachariah Chandler, aware of a loophole, wired leaders to stand firm: âHayes has 185 votes and is elected.â The popular vote apparently was 4,300,000 for Tilden to 4,036,000 for Hayes. Hayesâs election depended upon contested electoral votes in Louisiana, South Carolina, and Florida. If all the disputed electoral votes went to Hayes, he would win; a single one would elect Tilden. Months of uncertainty followed. In January 1877 Congress established an Electoral Commission to decide the dispute. The commission, made up of eight Republicans and seven Democrats, determined all the contests in favor of Hayes by eight to seven. The final electoral vote: 185 to 184. Northern Republicans had been promising southern Democrats at least one Cabinet post, Federal patronage, subsidies for internal improvements, and withdrawal of troops from Louisiana and South Carolina. Hayes insisted that his appointments must be made on merit, not political considerations. For his Cabinet he chose men of high caliber, but outraged many Republicans because one member was an ex-Confederate and another had bolted the party as a Liberal Republican in 1872. Hayes pledged protection of the rights of Negroes in the South, but at the same time advocated the restoration of âwise, honest, and peaceful local self-government.â This meant the withdrawal of troops. Hayes hoped such conciliatory policies would lead to the building of a ânew Republican partyâ in the South, to which white businessmen and conservatives would rally. Many of the leaders of the new South did indeed favor Republican economic policies and approved of Hayesâs financial conservatism, but they faced annihilation at the polls if they were to join the party of Reconstruction. Hayes and his Republican successors were persistent in their efforts but could not win over the âsolid South.â Hayes had announced in advance that he would serve only one term, and retired to Spiegel Grove, his home in Fremont, Ohio, in 1881. He died in 1893. Freedom of speech ⦠gone. Freedom of religion ⦠gone. Freedom of self-defense ⦠gone. [Image]( [Video]( Regards, [Image] Aaron James
CEO, Banyan Hill Publishing Abraham Lincoln became the United Statesâ 16th President in 1861, issuing the Emancipation Proclamation that declared forever free those slaves within the Confederacy in 1863. Lincoln warned the South in his Inaugural Address: âIn your hands, my dissatisfied fellow countrymen, and not in mine, is the momentous issue of civil war. The government will not assail youâ¦. You have no oath registered in Heaven to destroy the government, while I shall have the most solemn one to preserve, protect and defend it.â Lincoln thought secession illegal, and was willing to use force to defend Federal law and the Union. When Confederate batteries fired on Fort Sumter and forced its surrender, he called on the states for 75,000 volunteers. Four more slave states joined the Confederacy but four remained within the Union. The Civil War had begun. The son of a Kentucky frontiersman, Lincoln had to struggle for a living and for learning. Five months before receiving his partyâs nomination for President, he sketched his life: âI was born Feb. 12, 1809, in Hardin County, Kentucky. My parents were both born in Virginia, of undistinguished familiesâsecond families, perhaps I should say. My mother, who died in my tenth year, was of a family of the name of Hanksâ¦. My father ⦠removed from Kentucky to ⦠Indiana, in my eighth yearâ¦. It was a wild region, with many bears and other wild animals still in the woods. There I grew upâ¦. Of course when I came of age I did not know much. Still somehow, I could read, write, and cipher ⦠but that was all.â Lincoln made extraordinary efforts to attain knowledge while working on a farm, splitting rails for fences, and keeping store at New Salem, Illinois. He was a captain in the Black Hawk War, spent eight years in the Illinois legislature, and rode the circuit of courts for many years. His law partner said of him, âHis ambition was a little engine that knew no rest.â He married Mary Todd, and they had four boys, only one of whom lived to maturity. In 1858 Lincoln ran against Stephen A. Douglas for Senator. He lost the election, but in debating with Douglas he gained a national reputation that won him the Republican nomination for President in 1860. As President, he built the Republican Party into a strong national organization. Further, he rallied most of the northern Democrats to the Union cause. On January 1, 1863, he issued the Emancipation Proclamation that declared forever free those slaves within the Confederacy. Lincoln never let the world forget that the Civil War involved an even larger issue. This he stated most movingly in dedicating the military cemetery at Gettysburg: âthat we here highly resolve that these dead shall not have died in vainâthat this nation, under God, shall have a new birth of freedomâand that government of the people, by the people, for the people, shall not perish from the earth.â Lincoln won re-election in 1864, as Union military triumphs heralded an end to the war. In his planning for peace, the President was flexible and generous, encouraging Southerners to lay down their arms and join speedily in reunion. The spirit that guided him was clearly that of his Second Inaugural Address, now inscribed on one wall of the Lincoln Memorial in Washington, D. C.: âWith malice toward none; with charity for all; with firmness in the right, as God gives us to see the right, let us strive on to finish the work we are in; to bind up the nationâs woundsâ¦. â On Good Friday, April 14, 1865, Lincoln was assassinated at Fordâs Theatre in Washington by John Wilkes Booth, an actor, who somehow thought he was helping the South. The opposite was the result, for with Lincolnâs death, the possibility of peace with magnanimity died. [logo](
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