Answer:
He saved the American Economy and led to the establishment of the Federal Reserve.
Explanation:
JP Morgan was a businessman with contacts and investments in many different industries. These contacts, and his wealth, allowed him to wield huge control over the financial industry. This resulted in two big events. Firstly, there was the Gold Crisis of 1895. The US Treasury nearly ran out of gold and Morgan persuaded the president to use an old law to buy gold off him (And the rockefellers). This stabalised the American Dollar and averted crisis. A similar thing happened in 1907. Major New York banks were on the verge of collapse and Morgan held a meeting at his mansion where he forced the New York finaciers to come up with a plan. This they diid and the federal government saved the banks. Morgan also used his controlling interest in US Steel to buy the stock of a competitor whos stock was casuing a brokerage firm to collapse. Despite the anti trust legislation he purchased the stock, This restored confidence in the banking system and ensured the crisis was over.
More importantly, the event made the government realise that they couldnt rely on there always being a wealthy indiividual like Morgan to save the day should there be another crisis. This lead to the creation of the Federal Reserve System in 1913. This was a joint effort of a team of banking and political leaders, led by Senator Nelson Aldrich.
Answer:
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Explanation:
I googled it lolol your welcome
They are assigned an attorney by the court.
Clarence Gideon had been charged with a burglary in Florida, and the judge said he could not appoint an attorney for Mr. Gideon because the crime of which he was accused was not a capital offense. Gideon claimed he was entitled to be represented by counsel, but the judge did not agree. Gideon was convicted and went to state prison. From there, he appealed to the US Supreme Court in a suit against the Secretary of the Florida Department of Corrections. (By the time the case came before the Supreme Court, that was Louie L. Wainwright, thus "Gideon v. Wainwright.")
The Supreme Court agreed with Mr. Gideon's claim, and since then, all persons, whether in state or federal court, are entitled to the right to counsel and an attorney is appointed if they cannot afford to hire their own.
Answer:true
Explanation:
He was a nut case that had been in Congress for too long and had lost all considerations as being a conservative, for he had become a mild liberal in conservative clothing.
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are the best choices in my opinion.
