It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
This is a piece of history that you may have been a bit hazy on when you were taught about it in school. You might well have asked,” What the heck were they fighting about, anyway?” Here we present the events that led up to the Battle of New Orleans, which, due to slow communications, was accidentally fought on January 8, 1815, two weeks after the War of 1812 had officially ended on December 24, 1814 by the signing of a peace treaty in Belgium.
The First Bank of the United States: 1791-1811
The Constitution itself prohibited state governments from issuing their own currency. The Bank of the United States was conceived in 1790 to deal with the war debt and to put the government on sound financial footing. It was intended to help fund the government's debt and issue currency notes. Hamilton, then President George Washington's Treasury secretary, was the architect of the Bank, which he modeled after the Bank of England.
The Bank was to have start-up capital of $10 million, financed by selling stock. This was quite a large sum at the time. The federal government would own $2 million, giving it substantial control, with the remainder owned by private investors. In addition to the main office in Philadelphia, the Bank had eight branches, one in each of the nation's major cities.
Though the intent of the Bank was to facilitate government finances, Hamilton had another goal in mind—to function as a commercial bank. At the time of the revolution, there were barely any banks in the colonies; Britain had used its authority to protect its own banks and prevent the development of financial rivals. Hamilton's vision was to create a central source of capital that could be lent to new businesses and thereby develop the nation's economy. So while in some ways the First Bank prefigured the Federal Reserve, it also differed from it significantly by offering commercial loans, which the Fed, along with most modern central banks, does not do.
The Second Bank of the United States: 1816-1836...
Fluctuations in the value of money because of the return to a gold-based currency after the end of the Napoleonic wars (1815)
they NEEDED RUSSIAN HEMP in order for their military to even operate
Originally posted by operation mindcrime
reply to post by elfulanozutan0
elfulanozutan0,
What is there to prove?? I'll take his word for it. Hemp was a very important resource back in those days.
they NEEDED RUSSIAN HEMP in order for their military to even operate
Being from the Netherlands and consuming marijuana frequently, I can tell you that no army will "operate" (in any conventional way) after having consumed marijuana.....
[edit on 17-8-2010 by operation mindcrime]
If all fossil fuels and their derivatives, as well as trees for paper and construction were banned in order to save the planet, reverse the Greenhouse Effect and stop deforestation...
Then there is only one known annually renewable natural resource that is capable of providing the overall majority of the world’s paper and textiles; meeting all of the world’s transportation, industrial and home energy needs; simultaneously reducing pollution, rebuilding the soil, and cleaning the atmosphere all at the same time…
And that substance is—the same one that did it all before—
Cannabis Hemp…Marijuana!
Originally posted by elfulanozutan0
reply to post by zzombie
Did you even read the link? Or did you just jump to conclusions?
Originally posted by operation mindcrime
Being from the Netherlands and consuming marijuana frequently, I can tell you that no army will "operate" (in any conventional way) after having consumed marijuana.....
But did you know that during the first world war, the Netherlands was the main supplier of coc aine (because of their colony in Indonesia) to both the allied troops and German troops??
They sold it to countries involved in the war and those would supply it to their troops across the front so they would be willing to leave their trenches and face certain death while running into enemy fire...
They even made arrangements with all party's that they would be the only supplier of the coc aine.
All while remaining neutral in this conflict...
History can be fun!!
Boys and Girls,
Listen to uncle Mindcrime when I say:" Drugs and social interaction do not mix!!"