141 items
There wasn’t anybody in that entire Brains Trust apparently that had given any thought—they had absolutely no plans—or any real study to the problem created by this banking situation. —Walter Wyatt, Federal Reserve official, amazed at...
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Graft and Oil: How Teapot Dome Became the Greatest Political Scandal of Its Time
In the 1920s, Teapot Dome became synonymous with government corruption and the scandals arising out of the administration of President Warren G. Harding. Since then, it has sometimes been used to symbolize the power and influence of...
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Ronald Reagan and the End of the Cold War: The Debate Continues
For a British professor with more than a passing interest in US foreign policy and the role of the United States in ending the Cold War, it is indeed fascinating to observe how deeply divided opinion still remains over the part played...
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The Rise of an American Institution: The Stock Market
On nearly every workday in the United States, if you watch cable news or browse an Internet news site at 9:30 in the morning and 4:00 in the afternoon (Eastern Time), you’ll probably see two utterly unremarkable events covered live....
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Robber Barons or Captains of Industry?
On February 9, 1859, Henry J. Raymond, editor of the New York Times , said something strange about Cornelius Vanderbilt. Raymond didn’t like Vanderbilt, a steamship tycoon with such a vast fleet that he was known as the Commodore,...
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Bridging the Caribbean: Puerto Rican Roots in Nineteenth-Century America
In recent years, the media has tended to portray US Latinos of Hispanic Caribbean ancestry as new immigrants, but this characterization ignores the long connections between these immigrants and the United States. And because Puerto...
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The Great Depression: An Overview
Herbert Hoover got many things wrong about the great economic calamity that destroyed his presidency and his historical reputation, but he got one fundamental thing right. Much legend to the contrary, the Great Depression was not...
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Remembering the Alamo
Just hours before John F. Kennedy was to deliver one of the most important speeches of the 1960 presidential campaign in Houston, Texas, the Massachusetts Democrat stood in front of the Alamo. Here, before some 30,000 San Antonians,...
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The Consequences of Defeat in Vietnam
As historians of the Vietnam War know all too well, the amount of documentation about the conflict available in US archives—to say nothing of foreign repositories—can be overwhelming. To master even a small slice of this material is a...
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Truman and His Doctrine: Revolutionary, Unprecedented, and Bipartisan
In February 1947, the British government privately told the United States that it would no longer be able to guarantee the security and independence of Greece and Turkey. President Harry S. Truman had known this time would come and...
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