WE HAD BOTH WAR AND PROSPERITY AT OUR BEGINNING:
The Revolutionary was fought and won over a Eight year period from
The Constitutional Convention was held in
The Constitution; granting LIMITED POWERS to the
federal government, was ratified
Over the 65 year period from
It was argued that the transformation that
All the schools were small, with a limited undergraduate curriculum based on the liberal arts. Students were drilled in Greek, Latin, geometry, ancient history, logic, ethics and rhetoric, with few discussions and no lab sessions. Originality and creativity were not prized, but exact repetition was rewarded. The college president typically enforced strict discipline, and the upperclassman enjoyed hazing the freshman. Many students were younger than 17, and most of the colleges concurrently operated a preparatory school. There were no organized sports or Greek-letter fraternities, but literary societies were active. Tuition was very low and scholarships were few. Many of the students were sons of clergymen; most planned professional careers as ministers, lawyers or teachers.
· We had a great first 104 years from 1789 to 1893 (focusing on 27 years from 1867 to 1893 with 20 surplus budgets in those 27 years.
· During this 27 year period:
We became the world’s greatest wealth producer; we doubled the wealth
o Our average wage was 7 cents per hour and,
o There was no federal minimum wage,
o We built Steel Ships for our Navy, the USS Katahdin, launched February 1893.
o We had no national bank since Democrat President Jackson Wisely discontinued that entity in 1833, and
o Despite the 1870 Supreme Court Legal Tender Findings, our pre 1900 monetary policy was based on the gold standard http://usfunds.com/investor-library/frank-talk/an-illustrated-timeline-of-the-gold-standard-in-the-us/#.WpuQ0-dG1c8 and
o Federal tax rate was 3.1%, paid via the tariff with NO Individual tax preparations.
The US Supreme Court declared that we are a Christian Nation in 1892.