Banking as we’ve known it for centuries is dead, and we don’t really know the consequences of what is taking its place. A historical overview.
For the last several years congressional committees and presidential task forces have been nattering back and forth about what should be done to change the legal order that establishes and specifically empowers and regulates the nation’s banks.
For millions of women, consciousness raising didn’t start in the 1960s. It started when they helped win World War II.
DURING THE FIRST three years of World War II, five million women covered their hair, put on “slacks,” and at the government’s urging went to work in defense plants. They did every kind of job, but the largest single need was for riveters.
The early years of our republic produced dozens of great leaders. A historian explains how men like Adams and Jefferson were selected for public office, and tells why the machinery that raised them became obsolete.
THERE IS NO clear consensus on what constitutes greatness, nor are there any objective criteria for measuring it—but when we look at holders of high public offices and at the current field of candidates, we know it is missing.
How the novelty item of 1920 became the world-straddling colossus of 1940
In 1921 Secretary of Commerce Herbert Hoover, who was charged with what meager regulation of the airwaves there was, called radio “an instrument of beauty and learning.” Waldemar Kaempffert, who, as editor of
This century’s most powerful Secretary of State talks about the strengths and weaknesses of the Foreign Service, the role of the CIA, the rights of journalists, the contrast between meddlers and statesmen—and about the continuing struggle for a coherent foreign policy
THE CONDUCT of American foreign policy has changed radically since the days when President Franklin D. Roosevelt was essentially his own Secretary of State.
How a shy millionaire’s peculiar genius transformed his “country place” into an unparalleled showcase of American furnishings
A HERITAGE PRESERVED
SOME SIX MILES north of Wilmington lies a stretch of countryside chiefly inhabited by du Ponts, du Pont servants, and some two dozen major du Pont estates.
An extraordinary World War I naval operation is recounted by the commander of a decaying coastal steamer crammed with a terrifying new explosive
When my father, Rear Adm. D. Pratt Mannix 3rd, died in 1957, he had served as a midshipman on a square-rigger and lived to see the atomic bomb dropped on Japan.
Fifty years ago this March, Roosevelt took the oath of office and inaugurated this century’s most profound national changes. One who was there recalls the President’s unique blend of ebullience and toughness.
THAT FRANKLIN D. ROOSEVELT was, and preeminently so, the dominant political figure of this century—that he stood astride its first half like the Colossus itself—will not be in doubt. Nor are the reasons subject to serious dispute.
Fifty years after FDR first took office, a British statesman and historian evaluates the President’s role in the twentieth century’s most important partnership
Franklin Roosevelt was, and remains, a hero to the British. During his rise to power we were detached from and ignorant of American internal politics to an extent that is not easily imaginable today. The Atlantic in the twenties and thirties was still very wide.
An Interview With Archibald MacLeish
It is early 1945. An American bomber crew is anxiously nearing the now familiar islands of the Japanese Empire. Flak begins to burst around the plane as the target comes into view.
Secret recordings made in the Oval Office of the President in the autumn of 1940
INTRODUCTION BY ARTHUR SCHLESINGER, JR.
Here is the federal government’s own picture history of our times—and it tells us more than you might think
FEW ARE AWARE of a major publishing project that has been sponsored by the federal government and some of our leading citizens over the past eight decades.
Conjectural or speculative history can be a silly game, as in “What if the Roman legions had machine guns?” But this historian argues that to enlarge our knowledge and understanding it sometimes makes very good sense to ask …
What if any of the pre-Civil War Presidents had gone mad?
What if Andrew Johnson had been successfully impeached?
What if William McKinley had not been assassinated?
“GENERAL,” F.D.R. DEMANDED, “WHEN ARE THESE AIR MAIL KILLINGS GOING TO STOP?”
Flurries of wet snow camouflaged the runway of Cleveland airport in the early winter darkness. of Monday, February 19, 1934.
In founding Groton, Endicott Peabody was sure that muscular Christianity would protect
boys from the perils of loaferism
One of the most illustrious of these benevolent despots was the Reverend Endicott Peabody, who founded Groton School in 1884 and served it with all his might and main for over half a century.
On a warm Florida evening in 1933 a madman with a pistol and a personality profile now all too familiar—“unskilled, unfriendly, unmoneyed, and unwell”—came within inches of altering the course of American history in one of its most critical moments
The sun had gone down on a warm Florida winter day (it was seven in the evening of February 15, 1933) when Vincent Astor’s Nourmahal tied up at a Miami dock after twelve days of cruising through the Bahamas.
How Americans Met the First Great Gasoline Crisis—Nearly Forty Years Ago
According to the members of the blueribbon committee, the situation was desperate. Their report, released to the Washington press corps, had been blunt, unsparing, and apocalyptic.
The American Experience With Foreign Aid
Imagine a person of great wealth with a habit of giving away vast sums and lending more. In order to understand his character, we should examine how the money is dispensed and why. Who are the recipients? What does the donor expect of them in return?
to Joseph P. Lash for Roosevelt and Churchill, 1939–1941: The Partnership That Saved the West
If Joseph P. Lash had decided, back in 1942, to write a book on the wartime friendship between Franklin D. Roosevelt and Winston Churchill, he would have been off to a lucky start.
New Light on a Much-Loved Myth
The election of a peanut-growing President has evoked much journalistic analysis of his rural Southern roots.
Nobody, it seems, is happy with the regulatory agencies. U.S.
What has befallen “the greatest peacetime achievement of twentieth-century America”s since the New Deal
In recent years, as the energy crisis has developed, and bureaucracies in Washington have wrestled with little success to solve it, and Congress has moved slower than a West Virginia coal train even to agree on a battle strategy, some Americans have proposed
Remembering Samuel Eliot Morrison
The great job of the historian is to enable people to understand how things were and why they happened so in a time and at a place that are gone forever. Somehow he has to reach the irrecoverable past.
He was an old-fashioned man by the purest definition. Forget that he was enamored of twentieth-century artifacts—the telephone, television, supersonic airplanes, spacecraft—to which he adapted with a child’s wondering glee.
Besides being a bigot, a fop, and a thief, the British governor Lord Cornbury, had some peculiar fetishes
Despite their many differences, Queen Anne’s North American colonies all shared a decent respect for propriety—or at least the appearance thereof.
HOW AND WHY THE UNITED STATES GOT INVOLVED IN THE MIDDLE EAST
In October, 1973, Arab states clapped an embargo on oil shipments to the United States. All at once the nation had to go on daylight-saving time, throttle back on the highways, and turn down thermostats.
“My God! What are you doing here? You’re supposed to be dead!” the Admiral told Lanikai's skipper when she finally sailed into port
On March 18, 1941, eighty-two days out of Manila, all sails set, rigging taut, a small, green, weathered schooner entered the port of Fremantle, Western Australia. Atop her afterdeck house a small-caliber, slim-barrelled cannon sat on a brass pedestal.
WHAT POLIOMYELITIS MEANT TO A POLITICAL CAREER
This article is an excerpt from a new book on Franklin Delano Roosevelt recently published by Doubleday & Company. It is being publicized as The F.D.R. Memoir “as written by Bernard Asbell. ” Mr.