<span>The Depression spread rapidly around the world because the responses made by governments were flawed. When faced with falling export earnings they overreacted and severely increased tariffs on imports, thus further reducing trade. Moreover, since deflation was the only policy supported by economic theory at the time, the initial response of every government was to cut their spending. As a result consumer demand fell even further. Deflationary policies were critically linked to exchange rates. Under the Gold Standard, which linked currencies to the value of gold, governments were committed to maintaining fixed exchange rates.</span>
They both worked as nurses for the Union army.
John Dickinson wrote the original draft, but congress redrafted and revised it twice before it was approved.
The major crop that was sent back to England from Virgina was tobacco. Captain Newport had a fair bit of involvement with it. Hence the Newport cigarette brand.
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He did not break terms of the Treaty of Versailles by making a treaty with Russia.
