Geneva and they eventually found in favor of the United States to the tune of 15. 5 million. But that was only for the alabama, with the alabama did and also what the shenandoah the ships the shenandoah tech after melbourne. Their british would not admit to any complicity for the ships before melbourne because when the shenandoah left great written, she was a registered british merchantmen and she was sold and commissioned with outside or just territory so they werent liable for the good since they did resupplied and prepare her in melbourne, they admitted no liability for ships dock after that. Wow. I want to remind everybody that these gentlemen will be selling these wonderful books immediately following. Lets give them a round of applause. [applause] thanks for coming. I hope you enjoyed it. [inaudible conversations] the idea of money is very basic and weve gotten away from it and policymakers today know less about money, Monetary Policy than they did 100 years ago. Since the early
The war changed the economy tremendously from long beach and the rest of the United States. Long beach was experiencing a depression but we were lucky we discovered oil in 1921. The town was booming from the oil industry at that point. What was happening was also we were seeing the development of aviation in long beach. In 1911, cal rogers flew the first flight from new york and stopp stopped in long beach and made history in 1911. When the u. S. Army was looking for a place to build a plant to produce aircraft, which they thought we would need in world war ii, they picked long beach because steps away we have a wonderful airport founded in 1923. It was one of the first airports with a take off and landing in Different Directions which the army loved. When the plant opened in 1941 in october they thought well, we will produce the a26 but on december 8th we had pearl harbor and a couple things happened in long beach. Most of the ships that were destroyed in pearl harbor had been anchore
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