June 26: ON THIS DAY IN HISTORY
ON THIS DAY IN 1918, the Brooklyn Daily Eagle reported, “WASHINGTON — Frederic A. Delano has offered President Wilson his resignation as a member of the Federal Reserve Board, to accept a commission in the Army Engineer Corps to do railroad reconstruction and management work in France. The resignation has not been accepted. This is the first resignation of a member of the Federal Reserve Board since its organization four years ago. Owing to the number of important questions of policy now before the board, some doubt is felt as to whether the president will relieve Mr. Delano of his duties.”
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ON THIS DAY IN 1921, Eagle columnist Frederick Boyd Stevenson wrote, “There is an epidemic of crime. Why? Some say it is due to the war — that the spirit of unrest and consequent disorder always follow wars. Perhaps in part that was the cause for the initiation of a crime wave spreading over the country. It is not the cause for the continuance and increase of crime. The chief cause for the continuance and increase of crime is imitation. A famous authority on crime and criminals — Gabriel Tarde, former magistrate and professor in the College of France — says: ‘Before anything else we ought summarily to define and analyze the powerful, generally unconscious, always partly mysterious action by means of which we account for all the phenomena of society, namely, imitation.’ That is the soundest solution of the problem of a crime wave. Now, then, if we stop those who set the example of committing crimes, we shall get at the very beginning of the cure.”