Saturday, February 29, 2020
blacks in civil war
blacks in civil war Essay Slavery was abolished in this country over a hundred years ago but the consequences of this dark page in Americas history are felt even today. This site was created to address those consequences, the political, social and cultural life of todays and yesterdays African Americans. What affect did the Civil War have on African Americans in the United States? Were they, as some argued, better off before the Civil War, or do the advances that blacks have made since then proved that the Civil War was indeed the turning point in the lives and opportunities of African Americans? These questions and more will be addressed in the following pagesWhen slaves were purchased off the ships from Africa, they ended up on plantations. The size and location of landholdings depended on the crop and the owner who purchased the slave. Most plantations were of the smaller variety and it was rare for an owner to have more than 20 slaves. Most housed only a handful of slaves, but no matter what the numbers, plantation life was pretty much the same for most slaves. Slaves were usually divided into two groups, the gang crew (usually male and did the field work) and the task crew (usually female and worked in the big house). The workday began around sunrise and always ended before dark except at busy times such as harvest. Slaves were not worked after dark for a number of reasons. First, the owners feared that escape would be easier; second, working after dark was considered an unwarranted burden on the slave; lastly, they believed that it impeded efficiency by reducing the hours of sleep the slave received. This is not to say the slave owners were compassionate. They saw the slaves not as humans but a business investment and only wanted to protect that investment. Slaves were not required to work on Sunday, as it was denounced as irreligious and a flagrant violation of the slaves deserved day of rest. However, they worked every other day, rain or shine. A reasonable days work meant a dai ly chore that while not back-breaking required a brisk pace to finish. Although whites believed that slaves could neither do as much nor continue to work as long as whites, both crews worked anywhere from 12-14 hours a day, with an hour or so for lunch at midday.After a long day in the field or the masters house, slaves were allowed to return to their families, a family much different than those African Americans enjoy today. For the most part, marriages were arranged. To couples in arranged marriages, the idea of falling in love and having children was not even considered. Most slave owners agreed that ideally slave unions should be among the slaves on the same plantation and that marriage should be a way of breeding and promoting morality. The master would most often officiate at the wedding. They were then sent off to their quarters for a couple hours alone together. It was not unusual, and indeed expected, for slave women to have a child every year. Indeed it was not unheard of for slave women to have 25 children in the span of their lives, usually beginning to give birth at 12 or 13 years of age. These children rarely lived with their parents past the age of eight or nine. At this time they were either sold to another plantation or moved into the womens or mens quarters. Some states had laws forbidding taking children nine or under from their mothers, but this law was often ignored and rarely enforce d. All in all, the lack of recognized marriage ties and the constant separation of families through sale, made the slave family a temporary and fly-by-night affair, destined for broken hearts and the auction block. READ: My Life in Milwaukee, Wisconsin EssayScholars generally agree that although slaves were considered something less than human, they were valuable property and thus often lived better than free families. The average slave quarters housed 5.3 persons and consisted of dirt floors, boarded windows, and were usually made of logs. Adult males clothing consisted of four shirts, four pairs of pants, and one or two pairs of shoes. Adult women were issued four dresses per year, and headkerchiefs. Rarely, plantation owners also issued such items as petticoats, socks, underwear, jackets and overcoats. It is also believed that some slaves were allowed to earn a little money outside of the plantation and used this money to supply some of their clothing needs. In 1861 the Civil War began, and African Americans would never be the same again. At first, many whites did not want to arm blacks for fear the blacks would rise against them. As the war raged on and thousands of lives were lost, it became more and more obvious that allowing blacks to fight was the correct course of action. Once blacks were permitted to fight, they did so bravely and with honor. The black man went into the war with one determination, that once learning the use of arms, he would never be again made a slave. This idea created a drive to succeed where others failed, the desire to advance and procure their freedom was all the incentive needed. It is often said that these men were the bravest group ever to fight a war. They were never known to flee the scene of a battle, it was, rather, as much as the white officers could do to restrain them till the order to fire was given. In the end, the Civil War was worth it, for the Emancipation Proclamation was signed into law by A braham Lincoln in 1863 procuring the eventual release of millions of slaves. Blacks were finally free, but a new and difficult challenge awaited them. Family life and living conditions did not change much after the war. However, there were some differences: marriages were recognized and legal, and families could live without the fear of being separated by the sale of another family member. Most African Americans lived in small shacks that were provided for them by the plantation owner that they had a sharecropping agreement with. The shacks were one room houses that were in poor condition and non-insulated. Often, they only had three walls. Most of the families who lived in these shacks consisted of an average of four to five persons. There were also many couples who lived together and were not married. Families relied on their food, clothing, and health care from the plantation owner. Children of African American families were largely uneducated, as there were few schools for the c olored. Few opportunities existed for them to enrich or better their lives or conditions. WORKING CONDITIONSThe vast majority of African Americans in the South following the Civil War worked for the same plantation owners who they had previously called Master. They worked under a condition known as sharecropping. In January 1865, General William T. Sherman issued Special Field Order No. 15, setting aside the Sea Islands Off the Georgia coast and a portion of the South Carolina low-country rice fields for the exclusive settlement of freed people. Each family would receive forty acres of land and the loan of mules from the armythe origin, perhaps, of the famous forty acres and a mule idea that would soon capture the imagination of African Americans throughout the South (Faragher, 514). In this arrangement, the sharecropper would work a given section of plantation land. At the end of the harvest season, the owner would give the worker his share of the crop. Unfortunately for the African Americans, this ideal arrangement almost never worked out as it was designed due to manip ulation of the system by the owner. During the year, the owner provided the worker and his family with housing, as described earlier, food, clothing, and medical care. Then the owner would make the worker pay for these services using his part of the harvest. More often than not, the worker ended up with nothing. Also, there was no system of verification for the worker. When the owner presented the worker with his share of the harvest, the worker had to take the word of the owner that it was the actual share agreed upon.
Thursday, February 13, 2020
HISTORY COURSEWORK PLEASE ANSWER EACH QUESTION Example | Topics and Well Written Essays - 750 words
HISTORY PLEASE ANSWER EACH QUESTION - Coursework Example The problem with this particular type of governance was that it lacked a central form of government that would have given it coherence and a uniform direction in governance. It was the problem of governance relating to economics, legislation of laws, and central leadership that created the problems within the confederate government. ââ¬Å"Brackemyre, T. ââ¬Å"Americas First Failure at Government: The Articles of Confederationâ⬠). So, while the ideas behind the conderacy form of government were based upon good intentions and safeguards, the implementation and lack of central leadership created a confusing form of governance which eventually led to the disintegration of the condeferacy. 2. The main problem they faced was not having a central form of government that could create a cohesive plan of action for the states. Since each state had individualized, extreme powers, there was an uneveness in the mode of governnance because of the federal state power. Each law that was created needed to be ratified by 9 of the then 13 states before it could be passed into law. Economically speaking the government could not directly tax the citizens so the existing congress did not hae a budget and could not request money directly from the states either. That said, any changes to the articles were hard to implement because all 13 states needed to approve the changes. There was a military problem as well due to the fact that men could not be drafted. Thus creating a smaller than usual military force. There was also a judicial problem since all the state conflicts had to be settled in state courts. Additionally, since congress did not have the power to resolve state disputes, the problems between states tended to escalate (Sage, H. ââ¬Å"American Under the Articles of Confederation: 1783-1989) As such, the problems that existed had a tendency to escalate due to the lack of a moderating body within the government. 3. The two party system of the United States stemmed from the
Saturday, February 1, 2020
The Presidency Essay Example | Topics and Well Written Essays - 1000 words - 1
The Presidency - Essay Example He was barely twenty years old when he started out with FBI in this modest fashion. He climbed up the career ladder steadily thereafter. His appointment as the Assistant Special Agent in Charge (ASAC) in Chicago is a notable milestone. But it is the World Trade Center (WTC) bombing at Oklahoma in 1993 that would prove to be a turning point in his career. A year later he was made supervisor of VAPCON in 1994. From this point onwards John was deeply involvement in counter-terror operations for the rest of his life. In hindsight a lot of warnings given by Oââ¬â¢Neill have proven to be right. His fractious relationship with the FBI bosses and his own abrasive personality had created distrust or disregard for the information that he was passing on. Though a lone voice among his colleagues, he kept repeating the threat of terrorist attacks till the very end of his tenure with the FBI. In the last few years of his service, he served as the Chief of Counterterrorism Section within the FBI . Despite this critical position he held within the national intelligence apparatus his words were not given due respect. Every time an important lead would emerge, ââ¬Å"John would fight with Washington to make sure that we constantly took the lead on these investigations. So we would build this intelligence base, and so we would have investigators that had the institutional knowledge and that was the way it was.â⬠(Clint Guenther, Former FBI Agent NYC ââ¬â Counterterrorism) Investigating the 911 terror attacks in retrospect, there is nothing inevitable about its occurrence. There were enough indications for the FBI to take preventative action. John Oââ¬â¢Neill saw himself as the champion of this cause ââ¬â one of saving America from a grave security threat. But, unfortunately, those around him, especially the top leaders in the FBI did not concur with Oââ¬â¢Neillââ¬â¢s views. More than an odd lapse it is a systematic failure on part of the key national agenc y. Bureaucratic bungling and red tape have made Oââ¬â¢Neillââ¬â¢s desperate attempts to communicate a challenge. Personal ego hassles between Oââ¬â¢Neill and his peers and superiors was another mitigating factor. Oââ¬â¢Neillââ¬â¢s abrasive personality rubbed off his colleagues the wrong way. As a result, the intelligence reports given out by Oââ¬â¢Neill did not get the urgent attention that they merited. One needs to ask how personal favoritism and prejudice can undermine the high profile operations of the FBI. John Oââ¬â¢Neill was quite vocal and persistent about the presence of Al Qaeda sleeper cells in the United States. John had communicated how the terror network had developed capabilities for attacking many strategic locations not just in the United States but anywhere in the world. It was Oââ¬â¢Neill who identified Al Qaeda as the foremost threat to America -much ahead of his peers did. As his colleague Richard Clarke recounts, ââ¬Å"I would go around the country to FBI offices and ask, "Is there an Al Qaeda presence in Chicago, in San Francisco, in Boston?" And typically the reaction I would get is, "What's Al Qaeda?"...But not with John. John knew what Al Qaeda was; he was among the first people to see the bin Laden threat. He believed there was a bin Laden network in the United States even if he couldn't prove it. So he was constantly trying to prove itâ⬠¦" (Richard Clarke, NSS Coordinator for Counterterrorism, 1992-2001) John Oââ¬â¢
Friday, January 24, 2020
Administrative Management Theory Essay -- essays research papers
Our group project is on Henri Fayolââ¬â¢s ââ¬Å"Administrative Management Theoryâ⬠. As a group member I took on a task of researching his theory. Henri Fayol began his career as a junior Engineer in French Mining Company. His key work was ââ¬Å"Administration Industrielle et Generaleâ⬠which he published in 1916 ad later o pulished in Eglish I 1949. The administrative theory "emphasized management functions and attempted to generate broad administrative principles that would serve as guidelines for the rationalization of organizational activities" (Scott p. 36). Fayol played a main role in the turn-of-the-century Classical School of management theory. Fayol believed that techniques of effective management could be defined and taught and that managerial organization hold as much importance as management as workers organization. He was the first to identify functions of management. The five functions of managers, according to Fayol were plan, organize, command, coordinate, and control. Planning is the act of anticipating the future and acting on it. ââ¬Å"Planning reduces uncertainty by forcing managers to look ahead, anticipate change, consider the impact of change and develop appropriate responses.â⬠(Robbins, 2000, p.247) Organization is the development of the institution's resources, including material and human. Commanding is keeping the institutionââ¬â¢s actions and processes running. Co-ordination is the alignment and harmonization of the groupsââ¬â¢ efforts. Finally, control means that t...
Wednesday, January 15, 2020
Flirting: Investment and Return
Solution to Case 02 Risk and Return Flirting With Risk Questions: 1. Imagine you are Bill. How would you explain to Mary the relationship between risk and return of individual stocks? I would explain to Mary that risk and return are positively related, i. e. if one expects to earn higher returns, then one has to be willing to invest in stocks whose price can vary significantly from year to year or in different economic conditions. For example, in the table below we see that treasury bills would have yielded 4% with almost no variability, while the index fund is expected to yield 10. 1% with a standard deviation of 9. 15%. | Expected Rate of Return | |Scenari/o |Probability |Treasury Bill |Index Fund |Utility Company |High-Tech Company|Counter-Cyclical | | | | | | | |Company | |Recession |20% |4% |-2% |6% |-5% |20% | |Near Recession |20% |4% |5% |7% |2% |16% | |Normal |30% |4% |10% |9% |15% |12% | |Near Boom |10% |4% |15% |11% |25% |-9% | |Boom |20% |4% |25% |14% |45% |-20% | |Expecte d Return | |4% |10. 10% |9. 2% |15. 40% |5. % | |Standard Deviation | |0% | |2. 82% | |15. 69% | | | | |9. 15% | |17. 69% | | 2. Mary has no idea what beta means and how it is related to the required return of the stocks. Explain how you would help her understand these concepts. Beta is defined as the systematic risk of an asset. It measures the relationship between the returns of an asset and a market portfolio. Stocks that vary by more than the market have betas greater than 1 and vice-versa. The formula for calculating beta is as follows:Beta = Covariance of stock returns vis-a-vis market returns Variance of market returns According to the Security Market Line equation, Required return on a stock = Risk free rate + (Expected Market Return ââ¬â Risk free rate)* Beta This shows that high beta stocks have a have a higher required rate of return than low beta stocks. Index FundUtility Co. High-Tech Co. Counter-Cyclical Co. Exp. Return10. 10%9. 2%15. 4%5. 9% Std. Deviation9. 15%2. 82%17. 69%15. 69% Cov (Rs, Rm)ââ¬âââ¬âââ¬â0. 00300. 0276-0. 0144Beta1. 00. 301. 86-1. 54 Required Rate10. 1%5. 84%15. 37%-5. 41% *See spreadsheet for calculations 3. How should Bill demonstrate the meaning and advantages of diversification to Mary?Diversification refers to the strategy of investing in stocks, which are not highly correlated with each other, for example, high-tech firms and utility firms, or high-tech firms and counter-cyclical firms. Diversification reduces the portfolioââ¬â¢s variability and thereby enables investors to earn a more stable rate of return. To demonstrate the advantages of diversification, Bill should calculate the expected return and risk (standard deviation) of a portfolio composed of equal investment in the High-Tech Co. and the Counter-Cyclical Co. ââ¬âsince these companies are negatively correlated with each otherââ¬â and compare the results with the return and risk levels of the High-Tech Co. by itself. | | | | | 50-50 Po rtfolio | | |Scenario |Probability | High-Tech Co. |Counter-Cyclical Co. |50-50 Portfolio |Prob. *E(Portfolio Return) |[Rp-E(Rp)]^2 | | | | | | | |*Ps | |Recession |20% |-5% |20% |7. 50% |1. 50% |0. 000198 | |Near Recession |20% |2% |16% |9. 00% |1. 80% |0. 00054 | |Normal |30% |15% |12% |13. 50% |4. 05% |0. 000244 | |Near Boom |10% |25% |-9% |8. 00% |0. 80% |0. 000070 | |Boom |20% |45% |-20% |12. 50% |2. 50% |0. 000068 | |Expected Return | | 15. 40% |5. 90% | |10. 5% | | |Standard Deviation | | 17. 69% |15. 69% | | |2. 52% | The data in the table above shows that a portfolio comprised of equal investment in High-Tech Co. and Counter-Cyclical Co. stock would provide an expected rate of return that would be in between the returns of the two stocks with an expected risk level that would be much smaller than either of the two stocksââ¬â¢ expected standard deviation. 4. Using a suitable diagram explain how Bill could use the security market line to show Mary which stocks could be und ervalued and which may be overvalued? [pic] Stock |Beta |Required Return |Expected Return | |T-Bill |0. 00 |4% |4. 00% | |Index Fund |1. 00 |10. 10% |10. 10% | |Utility Co. |0. 30 |5. 84% |9. 20% | |High-Tech Co. |1. 86 |15. 37% |15. 40% | |Counter-Cyclical Co. |-1. 54 |-5. 41% |5. 90% | The solid line represents the required rates of return of the 5 investment alternatives as per the Security Market Line equation.Those stocks whose expected returns are higher than their required returns plot above the line and are considered to be undervalued (Counter-Cyclical Co. , Utility Co. and High-Tech Co. ) while those that plot below the line are considered to be over-valued. 5. During the presentation. Mary asks Bill ââ¬Å" Letââ¬â¢s say I choose a well diversified portfolio, what effect will interest rates have on my portfolio? How should Bill respond? A well-diversified portfolio is one that is closely correlated to the market index. Real interest rates are typically inversely relate d to stock prices. Hence, if interest rates increase, Maryââ¬â¢s portfolio return will decrease by as much as the market index does and vice versa. In other words, her portfolio will mirror the changes in the market index. 6.Should Bill take Mary out of investing in stocks and preferably put all her money in fixed-income securities? Explain. Not necessarily. Mary could still invest in a well-diversified portfolio such as the market index fund. The problem with fixed-income securities is that they have reinvestment and price risk. By holding a well-diversified portfolio of stocks, Mary can enjoy a reasonably good rate of return over the long term. Fixed-income securities have been known to barely keep up with inflation. 7. Mary tells Bill, ââ¬Å"I keep hearing stories about how people have made thousands of dollars by following their brokersââ¬â¢ ââ¬Å"hot tips. Can you give me some hot tips regarding undervalued stocks? â⬠How should Bill respond?Bill should discourage Mary from taking speculative positions in common stock, given her age and lifecycle status. He should caution her about the riskiness associated with stock price volatility and remind her again about the advantages of diversification. 8. If Mary decided to invest her money equally in high-tech and counter-cyclical stocks. What would her portfolioââ¬â¢s expected return and risk level be? Are these expectations realistic? Please explain. With equal investments in High-Tech and Counter-Cyclical stocks, the portfolio expected return would be 10. 65% and its expected standard deviation would be 2. 52%. (see Answer 3 above for details). These expectations are only as realistic as the numbers used to calculate them.Thus, one has to make realistic assumptions regarding probabilities and returns, in order to get realistic expected return estimates. 9. What would happen if Mary were to put 70% of her portfolio in the High-Tech stock and 30% in the Index Fund? Would this combination be bett er for her? Explain. |Scenario |Probability | High-Tech |Index Fund | 70-30 |Prob. *E(Portfolio) | {[Rp-E(Rp)]^2}*Ps | | | | | |Portfolio | | | |Recession |20% |-5% |-2% |-4. 10% |-0. 82% |0. 06415362 | |Near Recession |20% |2% |5% |2. 90% |0. 58% |0. 002380562 | |Normal |30% |15% |10% |13. 50% |4. 05% |2. 883E-06 | |Near Boom |10% |25% |15% |22. 00% |2. 20% |0. 000670761 | |Boom |20% |45% |25% |39. 00% |7. 80% |0. 012690722 | |Expected Return | |15. 0% |10. 10% | |13. 81% | | |Standard Deviation | |17. 69% |9. 15% | | |14. 89% | Given the above table, it seems clear that the 70-30 portfolio composed of High-Tech and the index fund would not necessarily be better for Mary, since it has a much higher expected level of risk (14. 89% versus 2. 52%) and only a slightly higher level of expected return (13. 81% versus 10. 65%) visa vis the 50-50 portfolio of High-Tech and the Counter-Cyclical Co.
Monday, December 30, 2019
Sunday, December 22, 2019
The Concept of Race in The Adventures of Huckleberry Finn...
Within his criticism of Mark Twainââ¬â¢s Adventures of Huckleberry Finn, Gregory Fowler uses examples from both the book and Mark Twainââ¬â¢s own life to discuss the different ways in which racism has morphed. Instead of analyzing The Adventures of Huckleberry Finn critically and solely, Gregory Fowler critically analyzes parts of the book and its effect to prove the different ways in which slaver morphs through the uses of allusions, exemplifications, and anecdotes. Fowlerââ¬â¢s opening paragraph consists of an exemplification that immediately supports his opening sentence. He uses Mark Twainââ¬â¢s experience in Versailles, told in The Innocents Abroad, to prove how people tend to focus on what is the ââ¬Å"good past,â⬠while the past that shamed the peopleâ⬠¦show more contentâ⬠¦Such is shown as he discusses Pap and his anger towards African-Americans, and the hype that allow them the right to vote. Fowler explains how people like Pap who are angry at the g overnment grows as people like him refuse to vote because they dislike a certain policy of the governmentââ¬â¢s and eventually, these people turn to violence in order to have their voices heard. One of the many ways that racism had morphed had been anger and violence, and that had been clearly evident in this instance from Huckleberry Finn. A second instance in which he utilizes the book is when he refers to a passage in Huckleberry Finn that takes place in the beginning of chapter 19, ââ¬Å"What you want, above all things, on a raft, is for everyone to be satisfied, and feel right and kind towards others.â⬠(Fowler 3) Fowler uses symbolism to relate the raft to the boat and the ââ¬Å"race card in Americaâ⬠to the overturning of said raft. In this way, he provides readers with a mental image of an America capsized by race. As his essay concludes, Gregory Fowler puts Mark Twainââ¬â¢s own transformation regarding slavery into the ending paragraph. Fowler notes that ââ¬Å"like Huck Finn and his creator, Samuel Clemens,â⬠there is still change that could be made within a personââ¬â¢s heart. This anecdote provides another way in which racism had changed people. Instead of continually going along with the degradation of African-Americans, ClemensShow MoreRelatedRacism of Yesterday and Today Essay1655 Words à |à 7 PagesThe Adventures of Huckleberry Finn was written by Mark Twain in the middle of the nineteenth century. Much of the inspiration for the book came from Mark Twainââ¬â¢s own encounters. Twainââ¬â¢s experiences as a steamboat pilot from 1835 to 1845 provided a great deal of the historical context for his work. The novel revolves around a southern boy, Huck, and a slave named Jim who both reject society by running away in hopes of finding freedom. 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