First Street Confidential

 


THIS DAY IN HISTORY - JUNE 5th

John Maynard Keynes, Quote

“The difficulty lies, not in the new ideas, but in escaping from the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.”

~ John Maynard Keynes

Wikiquote (John Maynard Keynes (CB, FBA (June 5, 1883 – April 21, 1946) was a British economist whose ideas have fundamentally affected the theory and practice of modern macroeconomics, and informed the economic policies of governments. He built on and greatly refined earlier work on the causes of business cycles, and is widely considered to be one of the founders of modern macroeconomics and the most influential economist of the 20th century.)

This Day in History

June 5th, 70

Ancient Rome was a thriving civilization that began growing on the Italian Peninsula as early as the 8th century BC. Located along the Mediterranean Sea and centered on the city of Rome, it expanded to become one of the largest empires in the ancient world Roman Empire Decline and Fall of Rome

Roman Empire:
70 - Siege of Jerusalem; Titus and his Roman legions breach the middle wall of Jerusalem.

Wikipedia  Photo: ● Ancient roman statue ● Detail of Head from Roman Statue of Antinous, credit Corbis ● Statue of Neptune, Trevi Fountain, Rome ● International Sand Sculpture Festival, FIESA 7 ancient Rome.
Relief from a 3rd-century sarcophagus depicting a battle between Romans and Germanic warriors; the central figure is perhaps the emperor Hostilian / Depiction of the Menorah on the Arch of Titus in Rome.


June 5th, 1257

Henry V is crowned Holy Roman Emperor

Kraków, Poland receives city rights.

Wikipedia  Photo: Warsaw Poland Kkyline ● Tatra Mountains ● Polish Highlands ● Oravsky Hrad, former border watch between Hungary and Poland ● Malbork Castle: Medievla Gothic Castle - Poland.


June 5th, 1829

The crew of the British slave ship Zong murders 133 Africans by dumping them into the sea to claim insurance

HMS Pickle captures the armed slave ship Voladora off the coast of Cuba.

Wikipedia  Painting: The Slave Ship, J. M. W. Turner's representation of the mass-murder of slaves, inspired by the Zong Massacre.


June 5th, 1851

Harriet Beecher Stowe, author of Uncle Tom's Cabin

Harriet Beecher Stowe's anti-slavery serial, Uncle Tom's Cabin or, Life Among the Lowly starts a ten-month run in the National Era abolitionist newspaper.

Wikipedia  Image: Harriet Beecher Stowe, author of Uncle Tom's Cabin. ● Full-page illustration by Hammatt Billings for Uncle Tom's Cabin depicts Eliza telling Uncle Tom that he has been sold and she is running away to save her child. (First Edition: Boston: John P. Jewett and Company, 1852 ● Eliza is forced to flee dogs and slave-catchers in Uncle Tom's Cabin, Kim Wells, Domestic Goddesse.


June 5th, 1862

Hang En Cave, Vietnam, by Carsten Peter; Tour boats moored in Ha Long Bay at dusk enjoy a serene seascape of limestone sculptures hewn by nature.This UNESCO World Heritage site is host to a diversity of ecosystems including sandy beaches, mangrove forests, and offshore coral reefs. Some of its roughly 1,600 islands and islets boast beautiful grottos with hidden ponds and unusual stone formations; Terraced rice paddies ring the Vietnamese countryside in bright green. The crop, has been grown in Vietnam for thousands of years; Halong Bay, Vietnam; Ba Vi National Park, Hanoi. credit National Geographic

Vietnam:
1862 - Treaty of Saigon; As the treaty is signed, ceding parts of southern Vietnam to France, the guerrilla leader Truong Dinh decides to defy Emperor Tu Duc of Vietnam and fight on against the Europeans.

Wikipedia  Photo: Hang En Cave, Vietnam, by Carsten Peter; Tour boats moored in Ha Long Bay at dusk enjoy a serene seascape of limestone sculptures hewn by nature.This UNESCO World Heritage site is host to a diversity of ecosystems including sandy beaches, mangrove forests, and offshore coral reefs. Some of its roughly 1,600 islands and islets boast beautiful grottos with hidden ponds and unusual stone formations; Terraced rice paddies ring the Vietnamese countryside in bright green. The crop, has been grown in Vietnam for thousands of years; Halong Bay, Vietnam; Ba Vi National Park, Hanoi. credit National Geographic.


June 5th, 1864

Lincoln Memorial: an American national monument built to honor the 16th President of the United States, Abraham Lincoln - located on the National Mall in Washington, D.C. across from the Washington Monument American Civil War: Battle of Antietam; Stone Bridge at Antietam Battlefield - Sharpsburg, Maryland American Civil War: American Civil War: First Battle Between Ironclads; CSS Virginia/Merrimac (left) vs. USS Monitor, in 1862 at the Battle of Hampton Roads Civil War hero General William Tecumseh Sherman refused the Republican nomination for president with the words ''I will not accept if nominated and will not serve if elected

American Civil War:
1864 - Battle of Piedmont; Union forces under General David Hunter defeat a Confederate army at Piedmont, Virginia, taking nearly 1,000 prisoners.
1884 - American Civil War hero General William Tecumseh Sherman refused the Republican nomination for president with the words "I will not accept if nominated and will not serve if elected".

Wikipedia  Image: ● Lincoln Memorial; an American national monument built to honor the 16th President of the United States, Abraham Lincoln - located on the National Mall in Washington, D.C. across from the Washington Monument.
● The northern army led by George McClellan and the southern army led by Robert E. Lee met at Antietam Creek, Maryland in September, 1862. It was a bloody battle where 13,000 Confederates and 12,000 Union troops died in just one day. McClellan had hesitated to attack before the battle thus letting the southern troops regroup. Also, he had saved reserves and refused to use them at the end of the battle thinking that Lee was holding reserves for a counterattack, even though those reserves didn't exist. The Union victory stopped Lee's northward advance and was a turning point in the war.
Battle of Antietam / Stone Bridge at Antietam Battlefield - Sharpsburg, Maryland
● First Battle Between Ironclads: CSS Virginia/Merrimac (left) vs. USS Monitor, in 1862 at the Battle of Hampton Roads.
Although photography was still in its infancy, war correspondents produced thousands of images, bringing the harsh realities of the frontlines to those on the home front in a new and visceral way. The Atlantic.


June 5th, 1888

Global Earthquake epicenters

Earthquake
1888 - Rio de la Plata Earthquake; takes place.

Wikipedia  Image: Preliminary Determination of Epicenters / Aleppo Syria; Anchorage, Alaska - March 28, 1964 Prince William Sound USA earthquake and tsunami; 8.9 Mega Earthquake Strikes Japan; Tsunami Swirls Japan's Ibaraki Prefecture March 12 2011. credit NOAA / NGDC, NOAA National Geophysical Data Center, USGS, National Geographics.


June 5th, 1900

The Second Boer War (Dutch: Tweede Boerenoorlog, Afrikaans: Tweede Vryheidsoorlog or Tweede Boereoorlog) was fought from 11 October 1899 until 31 May 1902 between the British Empire and the Afrikaans-speaking Dutch settlers of two independent Boer republics, the South African Republic (Transvaal Republic) and the Orange Free State

Second Boer War: British soldiers take Pretoria.

Wikipedia  Photo: Second Boer War; (Dutch: Tweede Boerenoorlog, Afrikaans: Tweede Vryheidsoorlog or Tweede Boereoorlog) was fought from 11 October 1899 until 31 May 1902 between the British Empire and the Afrikaans-speaking Dutch settlers of two independent Boer republics, the South African Republic (Transvaal Republic) and the Orange Free State.


June 5th, 1917

World War I: Collage

World War I:
1917 - Conscription begins in the United States as "Army registration day".

Wikipedia  Photo: Trenches on the Western Front; a British Mark IV Tank crossing a trench; Royal Navy battleship HMS Irresistible sinking after striking a mine at the Battle of the Dardanelles; a Vickers machine gun crew with gas masks, and German Albatros D.III biplanes. National Archives and Records Administration.


June 5th, 1933

Great Depression: After a steady decline in stock market prices since a peak in September, the New York Stock Exchange begins to show signs of panic

Great Depression: 1933 - The United States Congress abrogates the United States' use of the gold standard by enacting a joint resolution (48 Stat. 112) nullifying the right of creditors to demand payment in gold.

Wikipedia  Photo: Dorothea Lange's Migrant Mother depicts destitute pea pickers in California, centering on Florence Owens Thompson, age 32, a mother of seven children, in Nipomo, California, March 1936; Bud Fields and his family. Alabama. 1935 or 1936. Photographer: Walker Evans; Unemployed men vying for jobs at the American Legion Employment Bureau in Los Angeles during the Great Depression.


June 5th, 1941

World War II: Second firestorm raid on Germany, the Royal Air Force conducts an air raid on the town of Kassel, killing 10,000 and rendering 150,000 homeless World War II: Battle of Leyte Gulf; Battle of Leyte Gulf; The first kamikaze attack: A Japanese plane carrying a 200-kilogram (440 lb) bomb attacks HMAS Australia off Leyte Island World War II: German V1 flying-bomb and V2 Rockets - Preparations for a Salvo Launch of V-2 Rockets in the Heidelager near Blizna (Poland) (1944) World War II: Eastern Front (World War II); was a theatre of World War II between the European Axis powers and co-belligerent Finland against the Soviet Union, Poland, and some other Allies which encompassed Northern, Southern and Eastern Europe from 22 June 1941 to 9 May 1945

World War II:
1941 - Bombing of Chongqing; Four thousand Chongqing residents are asphyxiated in a bomb shelter.
1942 - The United States declares war on Bulgaria, Hungary and Romania.
1944 - In preparation for D-Day; More than 1000 British bombers drop 5,000 tons of bombs on German gun batteries on the Normandy coast.
1945 - The Allied Control Council, the military occupation governing body of Germany, formally takes power.
Post World War II:
1947 - United States Senator George Marshall proposed a plan (Marshall Plan) to help Europe recover financially from the effects of Post World War II.

Wikipedia  Photo: Bombing of Dresden in World War II; August Schreitmüller's sculpture 'Goodness' surveys Dresden after a firestorm started by Allied bombers in 1945. USS Bunker Hill was hit by kamikazes piloted by Ensign Kiyoshi Ogawa and another airman on 11 May 1945. 389 personnel were killed or missing from a crew of 2,600; Ensign Kiyoshi Ogawa, who flew his aircraft into the USS Bunker Hill during a Kamikaze mission on 11 May 1945; Kamikaze Missions - Lt Yoshinori Yamaguchi's Yokosuka D4Y3 (Type 33 Suisei) "Judy" in a suicide dive against USS Essex. The dive brakes are extended and the non-self-sealing port wing tank is trailing fuel vapor and/or smoke 25 November 1944.
German V1 flying-bomb and V2 Rockets - Preparations for a Salvo Launch of V-2 Rockets in the Heidelager near Blizna (Poland) (1944), credit German History in Documents and Images GHDI.

Eastern Front (World War II); Germans race towards Stalingrad. August 1942; Soviet children during a German air raid in the first days of the war, June 1941, by RIA Novosti archive; Soviet sniper Roza Shanina in 1944. About 400,000 Soviet women served in front-line duty units Caucasus Mountains, winter 1942/43; Finnish ski patrol: the invisible enemy of the Soviet Army with an unlimited supply of skis; Men of the German Engineers Corps cross a river which is swollen after the first autumn rains, to strengthen bridges linking the German positions on the central front in Russia. by Keystone / Getty Images. October 1942; Russian snipers fighting on the Leningrad front during a blizzard. Photo by Hulton Archive / Getty Images, 1943; German soldiers surrendering to the Russians in Stalingrad, the soldier holding the white flag of surrender is dressed in white so that there could be no doubt of his intentions, a Russian soldier is on the right of the photograph. by Keystone / Getty Images, January 1943.


June 5th, 1959

Singapore (officially the Republic of Singapore - an island country made up of 63 islands); is a southeast Asian city-state off the southern tip of the Malay Peninsula, 137 kilometres (85 mi) north of the equator

The first government of the State of Singapore is sworn in.

Wikipedia  Image: Singapore (officially the Republic of Singapore - an island country made up of 63 islands); is a southeast Asian city-state off the southern tip of the Malay Peninsula, 137 kilometres (85 mi) north of the equator.


June 5th, 2012

The last transit of Venus of the 21st century begins

The last transit of Venus of the 21st century begins.

Wikipedia  Image: Watching the tiny silhouette of the planet Venus slowly cross the face of the sun doesn’t evoke the same drama and excitement as experiencing a total solar eclipse, but what makes a transit so unique is its rarity and historical significance. (Imelda B. Joson and Edwin L. Aguirre, Live Science)