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Fіvе оf thе world’s rісhеst mеn аrе аll іnvеstіng іn... [logo]( Editor’s note The Classy Investors is dedicated to providing readers like you with unique opportunities. The message below from one of our business associates is one we believe you should take a serious look at. Dear Reader, Five of the world’s richest men are all investing in [this tiny $4 company…]( That’s at the heart of an emerging trend Forbes reports is worth $130 trillion. John Tyler became the tenth President of the United States (1841-1845) when President William Henry Harrison died in April 1841. He was the first Vice President to succeed to the Presidency after the death of his predecessor. Dubbed “His Accidency” by his detractors, John Tyler was the first Vice President to be elevated to the office of President by the death of his predecessor. Born in Virginia in 1790, he was raised believing that the Constitution must be strictly construed. He never wavered from this conviction. He attended the College of William and Mary and studied law. Serving in the House of Representatives from 1816 to 1821, Tyler voted against most nationalist legislation and opposed the Missouri Compromise. After leaving the House he served as Governor of Virginia. As a Senator he reluctantly supported Jackson for President as a choice of evils. Tyler soon joined the states’ rights Southerners in Congress who banded with Henry Clay, Daniel Webster, and their newly formed Whig party opposing President Jackson. The Whigs nominated Tyler for Vice President in 1840, hoping for support from southern states’-righters who could not stomach Jacksonian Democracy. The slogan “Tippecanoe and Tyler Too” implied flag waving nationalism plus a dash of southern sectionalism. Clay, intending to keep party leadership in his own hands, minimized his nationalist views temporarily; Webster proclaimed himself “a Jeffersonian Democrat.” But after the election, both men tried to dominate “Old Tippecanoe.” Suddenly President Harrison was dead, and “Tyler too” was in the White House. At first the Whigs were not too disturbed, although Tyler insisted upon assuming the full powers of a duly elected President. He even delivered an Inaugural Address, but it seemed full of good Whig doctrine. Whigs, optimistic that Tyler would accept their program, soon were disillusioned. Tyler was ready to compromise on the banking question, but Clay would not budge. He would not accept Tyler’s “exchequer system,” and Tyler vetoed Clay’s bill to establish a National Bank with branches in several states. A similar bank bill was passed by Congress. But again, on states’ rights grounds, Tyler vetoed it. In retaliation, the Whigs expelled Tyler from their party. All the Cabinet resigned but Secretary of State Webster. A year later when Tyler vetoed a tariff bill, the first impeachment resolution against a President was introduced in the House of Representatives. A committee headed by Representative John Quincy Adams reported that the President had misused the veto power, but the resolution failed. Despite their differences, President Tyler and the Whig Congress enacted much positive legislation. The “Log-Cabin” bill enabled a settler to claim 160 acres of land before it was offered publicly for sale, and later pay $1.25 an acre for it. In 1842 Tyler did sign a tariff bill protecting northern manufacturers. The Webster-Ashburton treaty ended a Canadian boundary dispute; in 1845 Texas was annexed. The administration of this states’-righter strengthened the Presidency. But it also increased sectional cleavage that led toward civil war. By the end of his term, Tyler had replaced the original Whig Cabinet with southern conservatives. In 1844 Calhoun became Secretary of State. Later these men returned to the Democratic Party, committed to the preservation of states’ rights, planter interests, and the institution of slavery. Whigs became more representative of northern business and farming interests. When the first southern states seceded in 1861, Tyler led a compromise movement; failing, he worked to create the Southern Confederacy. He died in 1862, a member of the Confederate House of Representatives. The Presidential biographies on WhiteHouse.gov are from “The Presidents of the United States of America,” by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association. [Button]( The first Democrat elected after the Civil War in 1885, our 22nd and 24th President Grover Cleveland was the only President to leave the White House and return for a second term four years later (1885-1889 and 1893-1897). The First Democrat elected after the Civil War, Grover Cleveland was the only President to leave the White House and return for a second term four years later. One of nine children of a Presbyterian minister, Cleveland was born in New Jersey in 1837. He was raised in upstate New York. As a lawyer in Buffalo, he became notable for his single-minded concentration upon whatever task faced him. At 44, he emerged into a political prominence that carried him to the White House in three years. Running as a reformer, he was elected Mayor of Buffalo in 1881, and later, Governor of New York. Cleveland won the Presidency with the combined support of Democrats and reform Republicans, the “Mugwumps,” who disliked the record of his opponent James G. Blaine of Maine. A bachelor, Cleveland was ill at ease at first with all the comforts of the White House. “I must go to dinner,” he wrote a friend, “but I wish it was to eat a pickled herring a Swiss cheese and a chop at Louis’ instead of the French stuff I shall find.” In June 1886 Cleveland married 21-year-old Frances Folsom; he was the only President married in the White House. Cleveland vigorously pursued a policy barring special favors to any economic group. Vetoing a bill to appropriate $10,000 to distribute seed grain among drought-stricken farmers in Texas, he wrote: “Federal aid in such cases encourages the expectation of paternal care on the part of the Government and weakens the sturdiness of our national character. . . . ” He also vetoed many private pension bills to Civil War veterans whose claims were fraudulent. When Congress, pressured by the Grand Army of the Republic, passed a bill granting pensions for disabilities not caused by military service, Cleveland vetoed it, too. He angered the railroads by ordering an investigation of western lands they held by Government grant. He forced them to return 81,000,000 acres. He also signed the Interstate Commerce Act, the first law attempting Federal regulation of the railroads. In December 1887 he called on Congress to reduce high protective tariffs. Told that he had given Republicans an effective issue for the campaign of 1888, he retorted, “What is the use of being elected or re-elected unless you stand for something?” But Cleveland was defeated in 1888; although he won a larger popular majority than the Republican candidate Benjamin Harrison, he received fewer electoral votes. Elected again in 1892, Cleveland faced an acute depression. He dealt directly with the Treasury crisis rather than with business failures, farm mortgage foreclosures, and unemployment. He obtained repeal of the mildly inflationary Sherman Silver Purchase Act and, with the aid of Wall Street, maintained the Treasury’s gold reserve. When railroad strikers in Chicago violated an injunction, Cleveland sent Federal troops to enforce it. “If it takes the entire army and navy of the United States to deliver a post card in Chicago,” he thundered, “that card will be delivered.” Cleveland’s blunt treatment of the railroad strikers stirred the pride of many Americans. So did the vigorous way in which he forced Great Britain to accept arbitration of a disputed boundary in Venezuela. But his policies during the depression were generally unpopular. His party deserted him and nominated William Jennings Bryan in 1896. After leaving the White House, Cleveland lived in retirement in Princeton, New Jersey. He died in 1908. The Presidential biographies on WhiteHouse.gov are from “The Presidents of the United States of America,” by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association. Regards, In 1865, as commanding general, Ulysses S. Grant led the Union Armies to victory over the Confederacy in the American Civil War. As an American hero, Grant was later elected the 18th President of the United States (1869–1877), working to implement Congressional Reconstruction and to remove the vestiges of slavery. Late in the administration of Andrew Johnson, Gen. Ulysses S. Grant quarreled with the President and aligned himself with the Radical Republicans. He was, as the symbol of Union victory during the Civil War, their logical candidate for President in 1868. When he was elected, the American people hoped for an end to turmoil. Grant provided neither vigor nor reform. Looking to Congress for direction, he seemed bewildered. One visitor to the White House noted “a puzzled pathos, as of a man with a problem before him of which he does not understand the terms.” Born in 1822, Grant was the son of an Ohio tanner. He went to West Point rather against his will and graduated in the middle of his class. In the Mexican War he fought under Gen. Zachary Taylor. At the outbreak of the Civil War, Grant was working in his father’s leather store in Galena, Illinois. He was appointed by the Governor to command an unruly volunteer regiment. Grant whipped it into shape and by September 1861 he had risen to the rank of brigadier general of volunteers. He sought to win control of the Mississippi Valley. In February 1862 he took Fort Henry and attacked Fort Donelson. When the Confederate commander asked for terms, Grant replied, “No terms except an unconditional and immediate surrender can be accepted.” The Confederates surrendered, and President Lincoln promoted Grant to major general of volunteers. At Shiloh in April, Grant fought one of the bloodiest battles in the West and came out less well. President Lincoln fended off demands for his removal by saying, “I can’t spare this man–he fights.” For his next major objective, Grant maneuvered and fought skillfully to win Vicksburg, the key city on the Mississippi, and thus cut the Confederacy in two. Then he broke the Confederate hold on Chattanooga. Lincoln appointed him General-in-Chief in March 1864. Grant directed Sherman to drive through the South while he himself, with the Army of the Potomac, pinned down Gen. Robert E. Lee’s Army of Northern Virginia. Finally, on April 9, 1865, at Appomattox Court House, Lee surrendered. Grant wrote out magnanimous terms of surrender that would prevent treason trials. As President, Grant presided over the Government much as he had run the Army. Indeed he brought part of his Army staff to the White House. Although a man of scrupulous honesty, Grant as President accepted handsome presents from admirers. Worse, he allowed himself to be seen with two speculators, Jay Gould and James Fisk. When Grant realized their scheme to corner the market in gold, he authorized the Secretary of the Treasury to sell enough gold to wreck their plans, but the speculation had already wrought havoc with business. During his campaign for re-election in 1872, Grant was attacked by Liberal Republican reformers. He called them “narrow-headed men,” their eyes so close together that “they can look out of the same gimlet hole without winking.” The General’s friends in the Republican Party came to be known proudly as “the Old Guard.” Grant allowed Radical Reconstruction to run its course in the South, bolstering it at times with military force. After retiring from the Presidency, Grant became a partner in a financial firm, which went bankrupt. About that time he learned that he had cancer of the throat. He started writing his recollections to pay off his debts and provide for his family, racing against death to produce a memoir that ultimately earned nearly $450,000. Soon after completing the last page, in 1885, he died. The Presidential biographies on WhiteHouse.gov are from “The Presidents of the United States of America,” by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association. Maria Bonaventura Senior Managing Editor, Rogue Economics The first Democrat elected after the Civil War in 1885, our 22nd and 24th President Grover Cleveland was the only President to leave the White House and return for a second term four years later (1885-1889 and 1893-1897). The First Democrat elected after the Civil War, Grover Cleveland was the only President to leave the White House and return for a second term four years later. One of nine children of a Presbyterian minister, Cleveland was born in New Jersey in 1837. He was raised in upstate New York. As a lawyer in Buffalo, he became notable for his single-minded concentration upon whatever task faced him. At 44, he emerged into a political prominence that carried him to the White House in three years. Running as a reformer, he was elected Mayor of Buffalo in 1881, and later, Governor of New York. Cleveland won the Presidency with the combined support of Democrats and reform Republicans, the “Mugwumps,” who disliked the record of his opponent James G. Blaine of Maine. A bachelor, Cleveland was ill at ease at first with all the comforts of the White House. “I must go to dinner,” he wrote a friend, “but I wish it was to eat a pickled herring a Swiss cheese and a chop at Louis’ instead of the French stuff I shall find.” In June 1886 Cleveland married 21-year-old Frances Folsom; he was the only President married in the White House. Cleveland vigorously pursued a policy barring special favors to any economic group. Vetoing a bill to appropriate $10,000 to distribute seed grain among drought-stricken farmers in Texas, he wrote: “Federal aid in such cases encourages the expectation of paternal care on the part of the Government and weakens the sturdiness of our national character. . . . ” He also vetoed many private pension bills to Civil War veterans whose claims were fraudulent. When Congress, pressured by the Grand Army of the Republic, passed a bill granting pensions for disabilities not caused by military service, Cleveland vetoed it, too. He angered the railroads by ordering an investigation of western lands they held by Government grant. He forced them to return 81,000,000 acres. He also signed the Interstate Commerce Act, the first law attempting Federal regulation of the railroads. In December 1887 he called on Congress to reduce high protective tariffs. Told that he had given Republicans an effective issue for the campaign of 1888, he retorted, “What is the use of being elected or re-elected unless you stand for something?” But Cleveland was defeated in 1888; although he won a larger popular majority than the Republican candidate Benjamin Harrison, he received fewer electoral votes. Elected again in 1892, Cleveland faced an acute depression. He dealt directly with the Treasury crisis rather than with business failures, farm mortgage foreclosures, and unemployment. He obtained repeal of the mildly inflationary Sherman Silver Purchase Act and, with the aid of Wall Street, maintained the Treasury’s gold reserve. When railroad strikers in Chicago violated an injunction, Cleveland sent Federal troops to enforce it. “If it takes the entire army and navy of the United States to deliver a post card in Chicago,” he thundered, “that card will be delivered.” Cleveland’s blunt treatment of the railroad strikers stirred the pride of many Americans. So did the vigorous way in which he forced Great Britain to accept arbitration of a disputed boundary in Venezuela. But his policies during the depression were generally unpopular. His party deserted him and nominated William Jennings Bryan in 1896. After leaving the White House, Cleveland lived in retirement in Princeton, New Jersey. He died in 1908. The Presidential biographies on WhiteHouse.gov are from “The Presidents of the United States of America,” by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association. Before serving as America’s 31st President from 1929 to 1933, Herbert Hoover had achieved international success as a mining engineer and worldwide gratitude as “The Great Humanitarian” who fed war-torn Europe during and after World War I. Son of a Quaker blacksmith, Herbert Clark Hoover brought to the Presidency an unparalleled reputation for public service as an engineer, administrator, and humanitarian. Born in an Iowa village in 1874, he grew up in Oregon. He enrolled at Stanford University when it opened in 1891, graduating as a mining engineer. He married his Stanford sweetheart, Lou Henry, and they went to China, where he worked for a private corporation as China’s leading engineer. In June 1900 the Boxer Rebellion caught the Hoovers in Tientsin. For almost a month the settlement was under heavy fire. While his wife worked in the hospitals, Hoover directed the building of barricades, and once risked his life rescuing Chinese children. One week before Hoover celebrated his 40th birthday in London, Germany declared war on France, and the American Consul General asked his help in getting stranded tourists home. In six weeks his committee helped 120,000 Americans return to the United States. Next Hoover turned to a far more difficult task, to feed Belgium, which had been overrun by the German army. After the United States entered the war, President Wilson appointed Hoover head of the Food Administration. He succeeded in cutting consumption of foods needed overseas and avoided rationing at home, yet kept the Allies fed. After the Armistice, Hoover, a member of the Supreme Economic Council and head of the American Relief Administration, organized shipments of food for starving millions in central Europe. He extended aid to famine-stricken Soviet Russia in 1921. When a critic inquired if he was not thus helping Bolshevism, Hoover retorted, “Twenty million people are starving. Whatever their politics, they shall be fed!” After capably serving as Secretary of Commerce under Presidents Harding and Coolidge, Hoover became the Republican Presidential nominee in 1928. He said then: “We in America today are nearer to the final triumph over poverty than ever before in the history of any land.” His election seemed to ensure prosperity. Yet within months the stock market crashed, and the Nation spiraled downward into depression. After the crash Hoover announced that while he would keep the Federal budget balanced, he would cut taxes and expand public works spending. In 1931 repercussions from Europe deepened the crisis, even though the President presented to Congress a program asking for creation of the Reconstruction Finance Corporation to aid business, additional help for farmers facing mortgage foreclosures, banking reform, a loan to states for feeding the unemployed, expansion of public works, and drastic governmental economy. At the same time he reiterated his view that while people must not suffer from hunger and cold, caring for them must be primarily a local and voluntary responsibility. His opponents in Congress, who he felt were sabotaging his program for their own political gain, unfairly painted him as a callous and cruel President. Hoover became the scapegoat for the Depression and was badly defeated in 1932. In the 1930’s he became a powerful critic of the New Deal, warning against tendencies toward statism. In 1947 President Truman appointed Hoover to a commission, which elected him chairman, to reorganize the Executive Departments. He was appointed chairman of a similar commission by President Eisenhower in 1953. Many economies resulted from both commissions’ recommendations. Over the years, Hoover wrote many articles and books, one of which he was working on when he died at 90 in New York City on October 20, 1964. The Presidential biographies on WhiteHouse.gov are from “The Presidents of the United States of America,” by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association. [logo]( You received this email as a result of your consent to receive 3rd party offers at our another website. Email sent by Finance and Investing Traffic, LLC, owner and operator of The Classy Investors. The Classy Investors, its managers, its employees, and assigns (collectively “The Company”) do not make any assurances about what is advertised above. To ensure you receive our emails to your inbox, be sure to [whitelist us.]( © 2022 The Classy Investors. All Rights Reserved. 16192 Coastal Hwy Lewes, DE 19958 USA. [.]( Thinking about unsubscribing? We hope not! But, if you must, the link is below. [Privacy Policy]( | [Terms & Conditions]( | [Unsubscribe]( As the 19th President of the United States (1877-1881), Rutherford B. Hayes oversaw the end of Reconstruction, began the efforts that led to civil service reform, and attempted to reconcile the divisions left over from the Civil War. Beneficiary of the most fiercely disputed election in American history, Rutherford B. Hayes brought to the Executive Mansion dignity, honesty, and moderate reform. To the delight of the Woman’s Christian Temperance Union, Lucy Webb Hayes carried out her husband’s orders to banish wines and liquors from the White House. Born in Ohio in 1822, Hayes was educated at Kenyon College and Harvard Law School. After five years of law practice in Lower Sandusky, he moved to Cincinnati, where he flourished as a young Whig lawyer. He fought in the Civil War, was wounded in action, and rose to the rank of brevet major general. While he was still in the Army, Cincinnati Republicans ran him for the House of Representatives. He accepted the nomination, but would not campaign, explaining, “an officer fit for duty who at this crisis would abandon his post to electioneer… ought to be scalped.” Elected by a heavy majority, Hayes entered Congress in December 1865, troubled by the “Rebel influences … ruling the White House.” Between 1867 and 1876 he served three terms as Governor of Ohio. Safe liberalism, party loyalty, and a good war record made Hayes an acceptable Republican candidate in 1876. He opposed Governor Samuel J. Tilden of New York. Although a galaxy of famous Republican speakers, and even Mark Twain, stumped for Hayes, he expected the Democrats to win. When the first returns seemed to confirm this, Hayes went to bed, believing he had lost. But in New York, Republican National Chairman Zachariah Chandler, aware of a loophole, wired leaders to stand firm: “Hayes has 185 votes and is elected.” The popular vote apparently was 4,300,000 for Tilden to 4,036,000 for Hayes. Hayes’s election depended upon contested electoral votes in Louisiana, South Carolina, and Florida. If all the disputed electoral votes went to Hayes, he would win; a single one would elect Tilden. Months of uncertainty followed. In January 1877 Congress established an Electoral Commission to decide the dispute. The commission, made up of eight Republicans and seven Democrats, determined all the contests in favor of Hayes by eight to seven. The final electoral vote: 185 to 184. Northern Republicans had been promising southern Democrats at least one Cabinet post, Federal patronage, subsidies for internal improvements, and withdrawal of troops from Louisiana and South Carolina. Hayes insisted that his appointments must be made on merit, not political considerations. For his Cabinet he chose men of high caliber, but outraged many Republicans because one member was an ex-Confederate and another had bolted the party as a Liberal Republican in 1872. Hayes pledged protection of the rights of Negroes in the South, but at the same time advocated the restoration of “wise, honest, and peaceful local self-government.” This meant the withdrawal of troops. Hayes hoped such conciliatory policies would lead to the building of a “new Republican party” in the South, to which white businessmen and conservatives would rally. Many of the leaders of the new South did indeed favor Republican economic policies and approved of Hayes’s financial conservatism, but they faced annihilation at the polls if they were to join the party of Reconstruction. Hayes and his Republican successors were persistent in their efforts but could not win over the “solid South.” Hayes had announced in advance that he would serve only one term, and retired to Spiegel Grove, his home in Fremont, Ohio, in 1881. He died in 1893. The Presidential biographies on WhiteHouse.gov are from “The Presidents of the United States of America,” by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association.