The Hamburg Massacre (or Red Shirt Massacre or Hamburg riot) was a key event in the African American town of Hamburg, South Carolina in July 1876, leading up to the last election season of the Reconstruction Era. It was the first of a series of civil disturbances planned and carried out by white Democrats in the majority-black Republican Edgefield District, with the goal of suppressing black voting, disrupting Republican meetings, and suppressing black Americans civil rights, through actual and threatened violence.[1]
Beginning with a dispute over free passage on a public road, the massacre was rooted in racial hatred and political motives. A court hearing attracted armed white "rifle clubs," colloquially called the "Red Shirts". Desiring to regain control of state governments and eradicate the civil rights of black Americans, over 100 white men attacked about 30 black servicemen of the National Guard at the armory, killing two as they tried to leave that night. Later that night, the Red Shirts tortured and murdered four of the militia while holding them as prisoners, and wounded several others. In total, the events in Hamburg resulted in the death of one white man and six black men with several more blacks being wounded. Although 94 white men were indicted for murder by a coroner's jury, none were prosecuted.
The events were a catalyst in the overarching violence in the volatile 1876 election campaign. There were other episodes of violence in the months before the election, including an estimated 100 blacks killed during several days in Ellenton, South Carolina, also in Aiken County. The Southern Democrats succeeded in "redeeming" the state government and electing Wade Hampton III as governor. During the remainder of the century, they passed laws to establish single-party white rule, impose legal segregation and "Jim Crow," and disenfranchise blacks with a new state constitution adopted in 1895. This exclusion of blacks from the political system was effectively maintained into the late 1960s.
Here is the complete question:
Suppose the Fed decides to buy bonds and New Hampshire Colonial Bank decides to sell $10 million worth of bonds. What will New Hampshire Colonial Bank most likely be able to do?
Answer:
Make new loans totaling about $10 million.
Explanation:
Purchasing bonds is a form of monetary policy that the Feds used to control the money supply.
When the Feds bought bonds from the New Hemisphere colonial banks, the New Hampshire Colonial Banks will acknowledge it as 'loan' , since the full payment from the bonds will not be received until several months or years into the future.
In return, New Hampshire Colonial Banks will be profited from interest revenue from the bonds, along with additional money supply that they can use to provide investments for citizens who want to borrow money to open their businesses. Stimulating the economy at the same time.
Answer:
The F.F.C.R.A was introduced to the house on March 14, 2020.
It is sponsored by Nita Lowey and she is a member of the Democratic Party.
The cosponsors were Collin Peterson(Democratic Party), Rosa DeLauro(Democratic Party), Frank Pallone(Democratic Party), Richard Neal(Democratic Party), Bobby Scott(Democratic Party), Sanford Bishop(Democratic Party).
