Albert Gallatin thinks the real motive underlying the idea of Manifest Destiny is the following one:
US thinks we are superior
Manifest Destiny was the belief that America should expand all over the North American continent as it was their divine destiny to remove Native Americans and other nations from their continent. Gallatin believed that this was only to show everyone the supremacy of the American nation.
They passed the Espionage and Sedition Acts which allowed the government to arrest and fine anyone speaking out against the war.
The Justinian Code
Emperor Justinian’s legacy to modern Europe is a legal code that organized Roman laws. Known as the Justinian Code, it brought together existing laws and codes in one place and as such codified the law making the justice process easier and fair
Spanish missionaries were the first European settlers in Texas, founding San Antonio in 1718. Hostile natives and isolation from other Spanish colonies kept Texas sparsely populated until following the Revolutionary War and the War of Mexican Independence, when the newly established Mexican government began to allow settlers from the U.S. to claim land there. This led to a population explosion, but dramatically reduced the percentage of the population with Mexican heritage, causing friction with the government in Mexico City. After several smaller insurrections, the Texas Revolution broke out, and the state became an independent nation in 1835. However, the newly formed Texas Republic was unable to defend itself from further incursions by Mexican troops, and eventually negotiated with the U.S. to join the union in 1845.
It’s coming at a time when production is booming, especially in India, the world’s number two sugar producer. Farmers in Thailand are also collecting massive crops. World stockpiles are set to swell to the highest ever this season and stay near the record next year, according to the US department of agriculture. Sugar futures in New York have already slumped 25% in 2018. That’s the biggest loss on the Bloomberg Commodity Index, which tracks returns for 22 components.
"Unless there’s a weather issue, it doesn’t look that the bulls have any hope for a sustained rally," said Donald Selkin, a New York-based chief market strategist at Newbridge Securities, which oversees about $2bn. "Everybody is trying to do away with sugar and sugary products. You see that in supermarkets and grocery stores. Demand is going to remain less than it’s been in recent years. The price is doomed to stay low for a while."
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