JP Morgan Bails US Out of Bankruptcy

Lead: In 1895 John Pierpont Morgan, a New York banker, arranged to loan gold worth $65,000,000 to the United States Government. This may have prevented national bankruptcy.

Intro.: A Moment in Time with Dan Roberts.

Content: Before the establishment of the United States Federal Reserve System, government financial leaders were convinced that people would trust government issued paper money only if it was freely convertible to precious metal, gold or silver. Theoretically, anyone could go into a bank and exchange paper money with a face value of, say twenty dollars, for an equivalent amount of gold. During the depression triggered by the Stock Market Crisis of 1893, many people especially foreign investors exchanged their paper money for gold.

The Smoke-Filled Room II

Lead: Nominated on the ballot in a previously dead-locked convention, rumors began to spread that the choice of Warren Gamaliel Harding at the 1920 Republican Convention was brokered in a smoke-filled room.

Intro.: A Moment in Time with Dan Roberts.

Content: In early 1920, months before the convention, Harry M. Dougherty, Harding's campaign manager, seeing the possibility of a dead-lock between front-runners Leonard Wood and Frank Lowden, engaged in a little political speculation which probably gave birth to the myth of the smoke-filled room. He said in an interview, "I don't expect Senator Harding to be nominated on the first, second or third ballot, but I think ... that about eleven minutes after two o'clock on Friday morning at the convention, ...fifteen or twenty men, somewhat weary, ...sitting around a table, ...one of them will say: 'Who will we nominate?' At that decisive time the friends of Senator Harding can suggest him." It was pure speculation but of such are myths born.

The Smoke-Filled Room I

Lead: Nominated on the ballot in a previously dead-locked convention, rumors began to spread that the choice of Warren Gamaliel Harding at the 1920 Republican Convention was brokered in a smoke-filled room.

Intro.: A Moment in Time with Dan Roberts.

Content: In early 1920, months before the convention, Harry M. Dougherty, Harding's campaign manager, seeing the possibility of a dead-lock between front-runners Leonard Wood and Frank Lowden, engaged in a little political speculation which probably gave birth to the myth of the smoke-filled room. He said in an interview, "I don't expect Senator Harding to be nominated on the first, second or third ballot, but I think ... that about eleven minutes after two o'clock on Friday morning at the convention, ...fifteen or twenty men, somewhat weary, ...sitting around a table, ...one of them will say: 'Who will we nominate?' At that decisive time the friends of Senator Harding can suggest him." It was pure speculation but of such are myths born.

The Know-Nothing Party II

Lead: Formed to resist the flood of immigrants in the 1850s, the Know-Nothing Party made prejudice pay big dividends at the ballot box.

Intro.: A Moment in Time with Dan Roberts.

Content: By 1853 the Order of United Americans had chapters in towns all over the country. Riding a wave of resentment against the huge influx of German and Irish immigrants, the Order was better known as the Know-Nothing movement. Legend says that it took its name from what members said to questions about the Order's secret meetings - "I know nothing."

 

 

 

 

The Know-Nothing Party I

Lead: In 1854 the Know-Nothing Party riding a wave of anti-immigrant prejudice, rolled up victory after victory. Except for the pre-Civil War Republicans, it was the best third party showing in American history.

Intro.: A Moment in Time with Dan Roberts.

Content: The United States is nation of immigrants. Beginning with the Jamestown Colony in 1607, successive waves of aliens have sought a new life and prosperity in what they considered to be a land of opportunity. Crowding out the original Native Americans, whose ancient ancestors actually may have themselves emigrated from the eastern Asia, more strangers arrived each decade in search of a new home. Within a couple of generations, their families now firmly established, many of the newcomers considered themselves "native Americans" and looked with barely tolerant superiority at the next batch of immigrants spilling onto the docks of Boston, Philadelphia, and New York.

 

 

 

 

Flu Epidemic of 1918 II

Lead: Contracted from pigs, in 1918 influenza began to spread through U.S. troops called up for service in World War I. Soon the disease had become an epidemic that spread through a world population already weakened by four years of war.

Tag: A Moment in Time with Dan Roberts.

Content: Many experts believe the flu virus exists naturally in birds and is then transmitted to pigs where it mutates into a virulent form that in an infected human body causes fever, chills, weakness of the muscles and nausea. The virus makes its way through the air to its victim’s respiratory apparatus. It is a swift, clever, and sometimes deadly agent, a survivor of great tenacity. Influenza requires little more than a population weakened by hunger, other diseases, or war, to transform itself from a localized irritant to an epidemic of global proportions. In 1918 the world was ripe for the picking. 

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Flu Epidemic of 1918 I

Lead: A case of the flu is considered by most people a minor irritant, the subject of humor, the excuse to take off a day or two from work, one of those occasional hardships of life that must be endured. In the winter of 1918, however, the flu was no joke.

Tag: A Moment in Time with Dan Roberts.

Content: Influenza is a virus, a clever survivor, ever vigilant for opportunities to mutate and spread. Many experts believe that the flu virus lives harmlessly in birds. On occasion flu viruses from birds infect pigs, whose immune system then attacks the virus, causing it to mutate. The new virus created in this process is then passed to humans and, depending on the conditions, an outbreak may not be far behind.

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History of Zaire II

Lead: Chaos greeted the establishment of the new Congo Republic in the early 1960s. How the nation would emerge depended on the struggle between the followers of Joseph Kasavubu and Patrice Lumumba.

Intro.: A Moment in Time with Dan Roberts.

Content: Premier Patrice Lumumba was an African nationalist and throughout his career focused on the unity of the Congo rather than on autonomy for its regional areas. His great rival was President Joseph Kasavubu who valued increasing the power of local identities and regional jurisdictions as opposed to national priorities. In a confused burst of political chaos in the closing days of June 1960. Lumumba was elected premier and Kasavubu President. They were locked in an uneasy embrace as the Congo began to disintegrate.

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