Віdеn аdmіn RІР. ✋

“Тhе RЕАL Rеаsоn Віdеn СоuІd Rеsіgn іn thе Nехt 30 Dауs….” [logo]( Editor’s note We are often approached by other businesses with special offers for our readers. While many don’t make the cut, the message below is one we believe deserves your consideration. Неrе's Тhе RЕАL Rеаsоn Віdеn СоuІd Sооn Rеsіgn! Ассоrdіng tо a #1 Rаnkеd Есоnоmіst, “Аs thіs іssue рІауs оut оvеr thе nехt 30 days, І рrеdісt Віdеn wіІІ bе fоrсеd tо rеsіgn…” William Howard Taft was elected the 27th President of the United States (1909-1913) and later became the tenth Chief Justice of the United States (1921-1930), the only person to have served in both of these offices. Distinguished jurist, effective administrator, but poor politician, William Howard Taft spent four uncomfortable years in the White House. Large, jovial, conscientious, he was caught in the intense battles between Progressives and conservatives, and got scant credit for the achievements of his administration. Born in 1857, the son of a distinguished judge, he graduated from Yale, and returned to Cincinnati to study and practice law. He rose in politics through Republican judiciary appointments, through his own competence and availability, and because, as he once wrote facetiously, he always had his “plate the right side up when offices were falling.” But Taft much preferred law to politics. He was appointed a Federal circuit judge at 34. He aspired to be a member of the Supreme Court, but his wife, Helen Herron Taft, held other ambitions for him. His route to the White House was via administrative posts. President McKinley sent him to the Philippines in 1900 as chief civil administrator. Sympathetic toward the Filipinos, he improved the economy, built roads and schools, and gave the people at least some participation in government. President Roosevelt made him Secretary of War, and by 1907 had decided that Taft should be his successor. The Republican Convention nominated him the next year. Taft disliked the campaign–“one of the most uncomfortable four months of my life.” But he pledged his loyalty to the Roosevelt program, popular in the West, while his brother Charles reassured eastern Republicans. William Jennings Bryan, running on the Democratic ticket for a third time, complained that he was having to oppose two candidates, a western progressive Taft and an eastern conservative Taft. Progressives were pleased with Taft’s election. “Roosevelt has cut enough hay,” they said; “Taft is the man to put it into the barn.” Conservatives were delighted to be rid of Roosevelt–the “mad messiah.” Taft recognized that his techniques would differ from those of his predecessor. Unlike Roosevelt, Taft did not believe in the stretching of Presidential powers. He once commented that Roosevelt “ought more often to have admitted the legal way of reaching the same ends.” Taft alienated many liberal Republicans who later formed the Progressive Party, by defending the Payne-Aldrich Act which unexpectedly continued high tariff rates. A trade agreement with Canada, which Taft pushed through Congress, would have pleased eastern advocates of a low tariff, but the Canadians rejected it. He further antagonized Progressives by upholding his Secretary of the Interior, accused of failing to carry out Roosevelt’s conservation policies. In the angry Progressive onslaught against him, little attention was paid to the fact that his administration initiated 80 antitrust suits and that Congress submitted to the states amendments for a Federal income tax and the direct election of Senators. A postal savings system was established, and the Interstate Commerce Commission was directed to set railroad rates. In 1912, when the Republicans renominated Taft, Roosevelt bolted the party to lead the Progressives, thus guaranteeing the election of Woodrow Wilson. Taft, free of the Presidency, served as Professor of Law at Yale until President Harding made him Chief Justice of the United States, a position he held until just before his death in 1930. To Taft, the appointment was his greatest honor; he wrote: “I don’t remember that I ever was President.” [Image]( Woodrow Wilson, a leader of the Progressive Movement, was the 28th President of the United States (1913-1921). After a policy of neutrality at the outbreak of World War I, Wilson led America into war in order to “make the world safe for democracy.” Like Roosevelt before him, Woodrow Wilson regarded himself as the personal representative of the people. “No one but the President,” he said, “seems to be expected … to look out for the general interests of the country.” He developed a program of progressive reform and asserted international leadership in building a new world order. In 1917 he proclaimed American entrance into World War I a crusade to make the world “safe for democracy.” Wilson had seen the frightfulness of war. He was born in Virginia in 1856, the son of a Presbyterian minister who during the Civil War was a pastor in Augusta, Georgia, and during Reconstruction a professor in the charred city of Columbia, South Carolina. After graduation from Princeton (then the College of New Jersey) and the University of Virginia Law School, Wilson earned his doctorate at Johns Hopkins University and entered upon an academic career. In 1885 he married Ellen Louise Axson. Wilson advanced rapidly as a conservative young professor of political science and became president of Princeton in 1902. His growing national reputation led some conservative Democrats to consider him Presidential timber. First they persuaded him to run for Governor of New Jersey in 1910. In the campaign he asserted his independence of the conservatives and of the machine that had nominated him, endorsing a progressive platform, which he pursued as governor. He was nominated for President at the 1912 Democratic Convention and campaigned on a program called the New Freedom, which stressed individualism and states’ rights. In the three-way election he received only 42 percent of the popular vote but an overwhelming electoral vote. Wilson maneuvered through Congress three major pieces of legislation. The first was a lower tariff, the Underwood Act; attached to the measure was a graduated Federal income tax. The passage of the Federal Reserve Act provided the Nation with the more elastic money supply it badly needed. In 1914 antitrust legislation established a Federal Trade Commission to prohibit unfair business practices. Another burst of legislation followed in 1916. One new law prohibited child labor; another limited railroad workers to an eight-hour day. By virtue of this legislation and the slogan “he kept us out of war,” Wilson narrowly won re-election. But after the election Wilson concluded that America could not remain neutral in the World War. On April 2,1917, he asked Congress for a declaration of war on Germany. Massive American effort slowly tipped the balance in favor of the Allies. Wilson went before Congress in January 1918, to enunciate American war aims–the Fourteen Points, the last of which would establish “A general association of nations…affording mutual guarantees of political independence and territorial integrity to great and small states alike.” After the Germans signed the Armistice in November 1918, Wilson went to Paris to try to build an enduring peace. He later presented to the Senate the Versailles Treaty, containing the Covenant of the League of Nations, and asked, “Dare we reject it and break the heart of the world?” But the election of 1918 had shifted the balance in Congress to the Republicans. By seven votes the Versailles Treaty failed in the Senate. The President, against the warnings of his doctors, had made a national tour to mobilize public sentiment for the treaty. Exhausted, he suffered a stroke and nearly died. Tenderly nursed by his second wife, Edith Bolling Galt, he lived until 1924. Тhе оnе іssuе whісh wіІІ brеаk Віdеn's аdmіnіstrаtіоn, аnd роtеntіаІІу fоrсе hіm tо rеsіgn іn thе nехt 30 dауs... Warren G. Harding, an Ohio Republican, was the 29th President of the United States (1921-1923). Though his term in office was fraught with scandal, including Teapot Dome, Harding embraced technology and was sensitive to the plights of minorities and women. Before his nomination, Warren G. Harding declared, “America’s present need is not heroics, but healing; not nostrums, but normalcy; not revolution, but restoration; not agitation, but adjustment; not surgery, but serenity; not the dramatic, but the dispassionate; not experiment, but equipoise; not submergence in internationality, but sustainment in triumphant nationality….” A Democratic leader, William Gibbs McAdoo, called Harding’s speeches “an army of pompous phrases moving across the landscape in search of an idea.” Their very murkiness was effective, since Harding’s pronouncements remained unclear on the League of Nations, in contrast to the impassioned crusade of the Democratic candidates, Governor James M. Cox of Ohio and Franklin D. Roosevelt. Thirty-one distinguished Republicans had signed a manifesto assuring voters that a vote for Harding was a vote for the League. But Harding interpreted his election as a mandate to stay out of the League of Nations. Harding, born near Marion, Ohio, in 1865, became the publisher of a newspaper. He married a divorcee, Mrs. Florence Kling De Wolfe. He was a trustee of the Trinity Baptist Church, a director of almost every important business, and a leader in fraternal organizations and charitable enterprises. He organized the Citizen’s Cornet Band, available for both Republican and Democratic rallies; “I played every instrument but the slide trombone and the E-flat cornet,” he once remarked. Harding’s undeviating Republicanism and vibrant speaking voice, plus his willingness to let the machine bosses set policies, led him far in Ohio politics. He served in the state Senate and as Lieutenant Governor, and unsuccessfully ran for Governor. He delivered the nominating address for President Taft at the 1912 Republican Convention. In 1914 he was elected to the Senate, which he found “a very pleasant place.” An Ohio admirer, Harry Daugherty, began to promote Harding for the 1920 Republican nomination because, he later explained, “He looked like a President.” Thus a group of Senators, taking control of the 1920 Republican Convention when the principal candidates deadlocked, turned to Harding. He won the Presidential election by an unprecedented landslide of 60 percent of the popular vote. Republicans in Congress easily got the President’s signature on their bills. They eliminated wartime controls and slashed taxes, established a Federal budget system, restored the high protective tariff, and imposed tight limitations upon immigration. By 1923 the postwar depression seemed to be giving way to a new surge of prosperity, and newspapers hailed Harding as a wise statesman carrying out his campaign promise–“Less government in business and more business in government.” Behind the facade, not all of Harding’s Administration was so impressive. Word began to reach the President that some of his friends were using their official positions for their own enrichment. Alarmed, he complained, “My…friends…they’re the ones that keep me walking the floors nights!” Looking wan and depressed, Harding journeyed westward in the summer of 1923, taking with him his upright Secretary of Commerce, Herbert Hoover. “If you knew of a great scandal in our administration,” he asked Hoover, “would you for the good of the country and the party expose it publicly or would you bury it?” Hoover urged publishing it, but Harding feared the political repercussions. He did not live to find out how the public would react to the scandals of his administration. In August of 1923, he died in San Francisco of a heart attack. [Image]( As America’s 30th President (1923-1929), Calvin Coolidge demonstrated his determination to preserve the old moral and economic precepts of frugality amid the material prosperity which many Americans were enjoying during the 1920s era. At 2:30 on the morning of August 3, 1923, while visiting in Vermont, Calvin Coolidge received word that he was President. By the light of a kerosene lamp, his father, who was a notary public, administered the oath of office as Coolidge placed his hand on the family Bible. Coolidge was “distinguished for character more than for heroic achievement,” wrote a Democratic admirer, Alfred E. Smith. “His great task was to restore the dignity and prestige of the Presidency when it had reached the lowest ebb in our history … in a time of extravagance and waste….” Born in Plymouth, Vermont, on July 4, 1872, Coolidge was the son of a village storekeeper. He was graduated from Amherst College with honors, and entered law and politics in Northampton, Massachusetts. Slowly, methodically, he went up the political ladder from councilman in Northampton to Governor of Massachusetts, as a Republican. En route he became thoroughly conservative. As President, Coolidge demonstrated his determination to preserve the old moral and economic precepts amid the material prosperity which many Americans were enjoying. He refused to use Federal economic power to check the growing boom or to ameliorate the depressed condition of agriculture and certain industries. His first message to Congress in December 1923 called for isolation in foreign policy, and for tax cuts, economy, and limited aid to farmers. He rapidly became popular. In 1924, as the beneficiary of what was becoming known as “Coolidge prosperity,” he polled more than 54 percent of the popular vote. In his Inaugural he asserted that the country had achieved “a state of contentment seldom before seen,” and pledged himself to maintain the status quo. In subsequent years he twice vetoed farm relief bills, and killed a plan to produce cheap Federal electric power on the Tennessee River. The political genius of President Coolidge, Walter Lippmann pointed out in 1926, was his talent for effectively doing nothing: “This active inactivity suits the mood and certain of the needs of the country admirably. It suits all the business interests which want to be let alone…. And it suits all those who have become convinced that government in this country has become dangerously complicated and top-heavy….” Coolidge was both the most negative and remote of Presidents, and the most accessible. He once explained to Bernard Baruch why he often sat silently through interviews: “Well, Baruch, many times I say only ‘yes’ or ‘no’ to people. Even that is too much. It winds them up for twenty minutes more.” But no President was kinder in permitting himself to be photographed in Indian war bonnets or cowboy dress, and in greeting a variety of delegations to the White House. Both his dry Yankee wit and his frugality with words became legendary. His wife, Grace Goodhue Coolidge, recounted that a young woman sitting next to Coolidge at a dinner party confided to him she had bet she could get at least three words of conversation from him. Without looking at her he quietly retorted, “You lose.” And in 1928, while vacationing in the Black Hills of South Dakota, he issued the most famous of his laconic statements, “I do not choose to run for President in 1928.” By the time the disaster of the Great Depression hit the country, Coolidge was in retirement. Before his death in January 1933, he confided to an old friend, “. . . I feel I no longer fit in with these times.” [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]( 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.