The Traveler… spreading the word… named director…

May 16, 2016 by · 2 Comments 

Blog-5-16-2016-American-Bible-SocietyToday I journeyed to New York City by the way of the New-York Spectator of May 15, 1816. There I found the announcement of the formation of “The American Bible Society” which still exist today. Some of the founding/early members include Elias Boudinot, who had been President of the Continental Congress from 1782 to 1783, John Jay, the first Chief Justice of the U.S. Supreme Court, Frederick Theodore Frelinghuysen, Daniel Coit Gilman, Edwin Francis Hyde, and Francis Scott Key. The front page report announced the formation of the organization and the third page report contained their resolutions. “… The leading feature of the constitution limits the operations… to the distribution of the bible without note or comment…”.

Also in the issue is an article “Bank of the United States” in which “The President and Senate have appointed the following named, Directors of the Bank of the United States… John Jacob Astor, of the city of New-York…”. Mr. Astor was known as the first prominent member of the Astor family, the first multi-millionaire in the United States and the fifth-richest man in American history.

~The Traveler

What did they do to false prophets? 1929 predicted to be a banner financial year…

April 7, 2016 by · Leave a Comment 

Blog-4-6-2016-Stock-Market-1929-Good-NewsHow ironic… In what was to become known as the worst financial year in U.S. history, it is interesting to read  The New York Time, January 3, 1929 front page article headed: “Stock Market Opens 1929 With Buying Rush; 5,413,610-Share Day Stirs Hope of Big Year”. Could they have been more wrong? It sure is good this NY Times writer was not graded as a Hebrew prophet – or he/she would likely have joined the throngs who brought about their own demise in late October of the same year during The Great Stock Market Crash of 1929.

The Traveler… finally ratified… income tax a reality…

February 4, 2013 by · Leave a Comment 

Today I traveled to Salt Lake City, Utah, by the way of the Deseret Semi-Weekly News, February 3, 1913. There I found that on this very same date, the Sixteenth Amendment to the United States Constitution had just been ratified by the voted received from the Wyoming legislature. This amendment now established Income Tax as a provision of the Constitution.

This passing, which required a three-quarter of the Union approval, took a long time to occur as Alabama was the first state to ratify the amendment and that was on August 10, 1909!

Now with this information, enjoy your remaining seventy (70) days of the tax season. April 15th will be here before we all know it!

~The Traveler

“A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy…”

– Alexander Tytler 1787 (disputed origin)