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Posts Tagged ‘Civil War

“We only have what we give”*…

 

Charity

 

Total charitable giving rose 0.7% measured in current dollars over the revised total of $424.74 billion contributed in 2017. Adjusted for inflation, total giving declined 1.7%…

“After reaching record-breaking levels of giving in 2017, American individuals and organizations continued their generous support of charitable institutions in 2018,” said Rick Dunham, chair of Giving USA Foundation and CEO of Dunham + Company. “However, the environment for giving in 2018 was far more complex than most years, with shifts in tax policy and the volatility of the stock market. This is particularly true for the wide range of households that comprise individual giving and provide over two-thirds of all giving.”

A number of competing factors in the economic and public policy environments may have affected donors’ decisions in 2018, shifting some previous giving patterns. Many economic variables that shape giving, such as personal income, had relatively strong growth, while the stock market decline in late 2018 may have had a dampening effect. The policy environment also likely influenced some donors’ behavior. One important shift in the 2018 giving landscape is the drop in the number of individuals and households who itemize various types of deductions on their tax returns. This shift came in response to the federal tax policy change that doubled the standard deduction. More than 45 million households itemized deductions in 2016. Numerous studies suggest that number may have dropped to approximately 16 to 20 million households in 2018, reducing an incentive for charitable giving…

More detail from Giving USA at “Americans gave $427.71 billion to charity in 2018 amid complex year for charitable giving.”

* Isabel Allende

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As we reach more deeply, we might recall that it was on this date in 1862 that President Abraham Lincoln signed the (preliminary) Emancipation Proclamation, announcing that if the rebel states did not end the fighting and rejoin the Union by January 1, 1863, all slaves in those states would be free.  No Confederate state capitulated, and on the first day of 1863, President Lincoln issued the Proclamation declaring “that all persons held as slaves” within the rebellious states “are, and henceforward shall be free.”

Despite it’s expansive wording, the Emancipation Proclamation was limited in many ways. It applied only to states that had seceded from the Union, leaving slavery untouched in the loyal border states. It also expressly exempted parts of the Confederacy that had already come under Northern control. Most important, of course, the freedom it promised depended upon Union military victory.

Still, it captured the hearts and imagination of millions of Americans and fundamentally transformed the character of the war.  After January 1, 1863, every advance of federal troops expanded the domain of freedom.  Moreover, the Proclamation announced the acceptance of black men into the Union Army and Navy, enabling the liberated to become liberators.  By the end of the war, almost 200,000 black soldiers and sailors had fought for the Union and freedom.

“First Reading of the Emancipation Proclamation of President Lincoln,” by Francis Bicknell Carpenter

source

 

Written by LW

September 22, 2019 at 1:01 am

“A nickel ain’t worth a dime anymore”*…

 

money

 

The instruments of trade and finance are inventions, in the same way that creations of art and discoveries of science are inventions—products of the human imagination. Paper money, backed by the authority of the state, was an astonishing innovation, one that reshaped the world. That’s hard to remember: we grow used to the ways we pay our bills and are paid for our work, to the dance of numbers in our bank balances and credit-card statements. It’s only at moments when the system buckles that we start to wonder why these things are worth what they seem to be worth. The credit crunch in 2008 triggered a panic when people throughout the financial system wondered whether the numbers on balance sheets meant what they were supposed to mean. As a direct response to the crisis, in October, 2008, Satoshi Nakamoto, whoever he or she or they might be, published the white paper that outlined the idea of Bitcoin, a new form of money based on nothing but the power of cryptography.

The quest for new forms of money hasn’t gone away. In June of this year, Facebook unveiled Libra, global currency that draws on the architecture of Bitcoin. The idea is that the value of the new money is derived not from the imprimatur of any state but from a combination of mathematics, global connectedness, and the trust that resides in the world’s biggest social network. That’s the plan, anyway. How safe is it? How do we know what libras or bitcoins are worth, or whether they’re worth anything? Satoshi Nakamoto’s acolytes would immediately turn those questions around and ask, How do you know what the cash in your pocket is worth?

The present moment in financial invention therefore has some similarities with the period when money in the form we currently understand it—a paper currency backed by state guarantees—was first created. The hero of that origin story is the nation-state. In all good stories, the hero wants something but faces an obstacle. In the case of the nation-state, what it wants to do is wage war, and the obstacle it faces is how to pay for it…

The ever-illuminating John Lanchester explains how, over three centuries, the heresies of two bankers became the basis of our modern economy: “The Invention of Money.”

[Lanchester’s latest novel, The Wall, was just long-listed for the Booker.]

* Yogi Berra

###

As we learn from the past, we might recall that it was on this date in 1861 that the U.S. government, in anticipation of the expense of the looming Civil War, levied its first income tax as part of the Revenue Act of 1861.  It assessed 3% of all incomes over $800, but included no enforcement mechanism, and so generated very little revenue.  It was revised in 1862 in a more effective form, then rescinded in 1872.

The first peace-time income tax was established in 1894, but was ruled unconstitutional by the Supreme Court (the 10th amendment forbade any powers not expressed in the US Constitution, and the Constitution provided no power to impose any other than a direct tax by apportionment).  It was in 1913, with the Sixteenth Amendment to the United States Constitution, that income tax became a permanent fixture in the U.S. tax system.

HR54_Revenue_Act source

 

Written by LW

August 5, 2019 at 1:01 am

“Eternity is a long time, especially towards the end”*…

 

A soldier, an urn, and “Faith,” all available from the 1882 Monumental Bronze Co. catalog

In 1898, the people of Elberton, Georgia—like those of many Southern towns a few decades after the Civil War—commissioned a granite statue to honor those local men who had fought for the Confederate army. Two years later, late one night, those same people took their own monument down. Public opinion of the war hadn’t shifted much: the statue was just ugly, with bug eyes, and what looked suspiciously like a Union-style overcoat. The citizens had nicknamed it Dutchy, because it resembled, one said, “a cross between a Pennsylvania Dutchman and a hippopotamus.”

According to the Elberton Star, on August 13, 1900, around midnight, a group of men tugged Dutchy down via “a rope around his neck.” A few days later, they buried him. And after they’d dusted themselves off, what did they do? They ordered a brand new “white bronze” statue from Monumental Bronze Co.—because one of those, they had been told, would last forever.

Today—117 years later—Dutchy’s replacement still stands. (It has been moved several times, and is now at Confederate Memorial Park, in Lee County.) A bunch of his Confederate clones still stand, too, in town squares and courthouses across the American South, while their Union brothers, in slightly different uniforms, remain stationed all around the North.

As recent events have reminded us, many of the South’s Confederate monuments went up not immediately after the war, but half a century later, in the first two decades of the 1900s. During this time, organizations like the United Daughters of the Confederacy were looking to reframe and glorify the Confederate cause, and in many states, the descendants of slaves had been stripped of the right to vote, which impeded their ability to effectively voice opposition.

Today, historians argue that the rush to erect Civil War statues, especially in former Confederate states, was part of that project. “It is hardly coincidence that the cluttering of the state’s landscape with Confederate monuments coincided with two major national cultural projects: first, the “reconciliation” of the North and the South, and second, the imposition of Jim Crow [racial segregation laws] and white supremacy in the South,” writes historian W. Fitzhugh Brundage, at Vox. By memorializing the dead in this particular way, Brundage argues, those who put up statues sought to reframe the story of the war, “making the Confederate cause virtually sacred.” In the spirit of peacemaking, Northerners went along with it, and put up their own statues, too. These goals may have been political, but the means were material: they almost certainly couldn’t have gotten so many statues up, in the North or South, without white bronze…

The role of white bronze– which is neither white nor bronze– in the “memorializing” of the Civil War: “Those Mass-Produced Civil War Statues Were Meant to Stand Forever.”

* Stephen Hawking

###

As we remove those eyesores to the museum (or the scrap heap), we might recall that it was on this date in 1715 that the reign of Louis XIV– the Sun King– ended with his death; at 72 years and 110 days, it was the longest recorded reign of any monarch of a sovereign country in European history.  A centralizer of power, he used his ever-grander palace at Versailles (formerly his father’s hunting lodge) to lure, then lull the nobles around him; the system of absolute monarchical rule that he established survived to the French Revolution.

Louis was a patron of the arts (he restored and expanded the Louvre)– and a vigorous promoter of his own image.  With the help of his Minister of Finance, Jean-Baptiste Colbert, he had himself portrayed heroically in painting, sculpture, tapestry, theatre, dance, music, and in the almanacs that diffused royal propaganda to the population at large.  Beyond the 300+ formal portraits he had done, he commissioned over 20 statues of himself to stand in Paris and the Provincial capitals as physical manifestations of his rule.

 source

 

 

Written by LW

September 1, 2017 at 1:01 am

“It’s hard for me to get used to these changing times. I can remember when the air was clean and sex was dirty.”*…

This fall’s entering college students, the class of 2020, were born in 1998 and cannot remember a time when they had to wait for anything. They also can’t recall a time when the United States was not at war, or when someone named Bush or Clinton was not running for office.

Each August since 1998, Beloit College has released the Beloit College Mindset List, providing a look at the cultural touchstones that shape the lives of students about to enter college.

In their lifetimes they have always had eBay and iMacs, and India and Pakistan have always had the bomb. The Sopranos and SpongeBob SquarePants have always been part of popular culture, Gretzky and Elway have always been retired, and Vladimir Putin has always been in charge in the Kremlin.

And although they think of themselves as a powerful generation—Sanders voters, consumers—they are faced with the prospect of student loan debt and of robots and foreigners taking their jobs making them feel anxious and weak…

This year’s Mindset List

* George Burns

###

As we muster to matriculate, we might recall that it was on this date in 1862 that President Abraham Lincoln signed the (preliminary) Emancipation Proclamation, announcing that if the rebel states did not end the fighting and rejoin the Union by January 1, 1863, all slaves in those states would be free.  No Confederate state capitulated, and on the first day of 1863, President Lincoln issued the Proclamation declaring “that all persons held as slaves” within the rebellious states “are, and henceforward shall be free.”

Despite it’s expansive wording, the Emancipation Proclamation was limited in many ways. It applied only to states that had seceded from the Union, leaving slavery untouched in the loyal border states. It also expressly exempted parts of the Confederacy that had already come under Northern control. Most important, of course, the freedom it promised depended upon Union military victory.

Still, it captured the hearts and imagination of millions of Americans and fundamentally transformed the character of the war.  After January 1, 1863, every advance of federal troops expanded the domain of freedom.  Moreover, the Proclamation announced the acceptance of black men into the Union Army and Navy, enabling the liberated to become liberators.  By the end of the war, almost 200,000 black soldiers and sailors had fought for the Union and freedom.

“First Reading of the Emancipation Proclamation of President Lincoln,” by Francis Bicknell Carpenter

source

 

Written by LW

September 22, 2016 at 1:01 am

“A map does not just chart, it unlocks and formulates meaning; it forms bridges between here and there, between disparate ideas that we did not know were previously connected”*…

Just one of the scores of maps available at the University of Richmond’s Digital Scholarship Lab’s Atlas of the Historical Geography of the United States.

And as a (more global) bonus: Edward Quin’s 1830 Historical Atlas in a Series of Maps of the World as Known at Different Periods, with an Historical Narrative, featuring 21 plates that visually depicted what Quin called “the world as known at different periods.”  Dramatic clouds cover the “unknown,” rolling back slowly as time moves on.

output_UHrvyZ.gif.CROP.original-original

Click the image above or here for an enlarged and animated version of the  GIF that runs through the plates in sequence, from 2348 B.C., “The Deluge” (Quin, not unusually for his time period, was a Biblical literalist) through A.D. 1828, “End of the General Peace.”

* Reif Larsen, The Selected Works of T.S. Spivet

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As we travel through time, we might recall that it was on this date in 1861 that New York City Mayor Fernando Wood, a “Copperhead” (sympathizer of the incipient Confederate cause), suggested to the New York City Council that New York secede and declare itself a free city, to continue its profitable cotton trade with the Confederacy.  Wood’s Democratic machine was concerned to maintain the revenues (which depended on Southern cotton) that maintained the patronage that provided its electoral margins.

 source

Written by LW

January 6, 2014 at 1:01 am

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