Answer:
established that federal laws superceded state laws.
Explanation:
McCullough Vs Maryland case of 1819 was the first case to showcase the power relation between the state and the federal government. The case between the power of the federal government to create a second National Bank and the power to tax it by a state because it was lying within its boundaries. The Supreme Court's decision which justifies the Second National Bank and declaring the state's ability to interfere with the federal government is limited. The decision turned out that the state of Maryland could not impose a tax on the federal government.
Because the art reflects what was going on in that era
January 17, 2018 09:00 ET | Source: Umbra Applied Technologies Group, Inc.
TAMPA, Fla., Jan. 17, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE Umbra Applied Technologies, Inc. (OTC:UATG) Chairman is pleased to issue the following letter to shareholders today:
January 17, 2018
UATG Shareholders
Re: Umbra Applied Technologies Group, Inc.
2018 Chairman’s Letter
(UATG:PK) Year 2018
Chairman's Letter
“UAT Group and its subsidiaries, operate with the understanding that what we do matters and as such our decisions bear consequences.”
Dear Fellow Shareholders,
First, I would like to wish everyone a prosperous New Year and I hope everyone enjoyed the holidays.
As the Chief Executive of a publicly traded company I am the fiduciary for all shareholders, many of whom have invested in UAT Group based on long-term goals such as retirement or to pay for a childs higher education. As such, I advocate and otherwise direct corporate governance practices that are in keeping with long-term value creation for our shareholders and clients. Last year I asked my executive team to help me outline a new strategic frame-work for long-term value creation that could be completed within the year. I am pleased to report that we have been successful in our execution and were so against significant odds.
Over the course of the past 12 months, many of the assumptions on which our plans were based, including low interest rates on capital and an expectation for continued globalization, have failed to sustain despite indicators to the contrary. With U.S. reflation, increasing rates, renewed growth, the increasing turbulence in Asia as a catalyst to geopolitical tensions, the prospective withdrawal of the United Kingdom from the European Union reshaping Europe and the United States undergoing a fundamental reformation of long held fiscal strategies; the economic environment has been and remains quite volatile. This does not mean that this company or the market at large is expected to be impacted negatively but it is a factor when crafting a long-term execution strategy.
The most important political leaders during this time were Theodore Roosevelt, Robert M. La Follette, Charles Evans Hughes, and Herbert Hoover. Some democratic leaders included William Jennings Bryan, Woodrow Wilson, and Al Smith. This movement targeted the regulations of huge monopolies and corporations.
Answer:
the population of united states is too large
