They said mr. President , what do you think, and he said, well, it reminds me of the story of the young woman who put on her stockings and she looked up and said, i think theres something in it. I dont know if they got this, you know, theres something in it, but they went to work immediately. They took that to be a yes. Yeah, thats a go, but its a good thing because the confederates are, you know, building this ship, so they rushed back to new york with a model, and they get to work on the actual ship. The image that sort of shows the launch of the monitor . Yeah. And its, you know, i feel a certain kinship to the monitor because it was built in my mothers ancestral home of green point. Theres still an Erickson Park there, my mother went to the monitor school when she was in 1921, its still there. Built in the 1890s, so its very much their town, but there was a big shed where ships were made, and it all converted today and night, 24 7 production of this ship with a very crew of workers
Technology. This conversation took place on line due to the coronavirus pandemic and the New York Historical society provided the video. Harold, weve been talking in this series about the power of objects to be touchstones of historical events, to be con duties for understanding the past. Its a thrill and an extraordinary experience to be a historian at New York Historical where i work alongside these treasures and use them in my exhibitions. Lets talk for a second about the inspiration for this program, the book civil war in 50 objects. How can 50 objects tell such a sweeping story . We used to ask ourselves that question often when we were whittling down the list and there was so much to choose from. The way we did it, as i recall, is first we discussed the medium of the object, we wanted photographs, paintings, documents, relics, and then we wanted to represent every year of the civil war. First the year leading up to it and then 1861, 2, 3, 4, 5. By the time we shifted through the
Television across this nation, around the world, particularly those of you from continental europe. Lots to do in this hour. Right now, lisa and i need a primer on how this is not another exercise in kicking the can down the road this weekend in europe. Jonathan its got to get done. We got to see some progress. Theres a pool of money. What will be grants . What will be loans . What are the Strings Attached . That is it. What do we wake up to in the business papers across the whole of europe . Isurope united europe united were divided . Its really is europe united or divided . It is really not funny anymore. Tom how do you boil this down for our american listeners . They are like, weve seen this plenty of times. Jonathan if europe doesnt get a hold of it this time, it will be another 10 years of crawling out of an economic hole in a suboptimal way. We will have crisis after crisis, political episode after political episode, and redenomination risk that dominates Global Markets. We do no
We used to ask ourselves that question. First we discussed the medium of the object. We wanted photographs, paintings, documents, relics, and then we wanted to represent every year of the civil war, 1851 to 1865. By the time we sifted through the criteria, we thought we had 50 objects out there that met those requirements. It was truly an embarrassment and it was hard to whittle them down, for sure. [laughter] that is definitely true. Tonight we will be discussing two objects that are considered technology during the civil war. You can see the images of those. We have one from 1861 and a half model of the monitor of 1862. Lets consider the two part object. This is in the papers of Alexander Robert chisholm, bert born in 1834, died 1910. He was a stockbroker, a merchant, a railroad investor, and he died during the gilded age in new york city where he had grown up. Theis youth, he served on confederate side of the civil war. Can you tell us about his background . Carolina born in south ,
Yes, a fed meeting at 2 00. None of it matters. What matters is the drama, the guys fromof four Silicon Valley lined up in front of congress. And oh yeah, the stimulus. What has your attention . Jonathan funnily enough, the Federal Reserve, but only because somebody people are playing it down. A lot of people have shaken their head. What was the last three months about . We are about to see a shift away from the accommodation we have seen towards much more Forward Guidance, and the commitment, the shift in the reaction function to formalize that commitment to low for a whole lot longer, and i think that its important. Tom the queen of the xaxis, lisa abramowicz, is here. Are we going to go out to 2023 today . Lisa the question is where. Are we talking about the front end . Clearly they are not going to raise rates anytime soon. What are going to be some of the measures they look to to decide what their policy is . Are they going to set inflation pegs . Are they going to set implement p