108-605: Franklin National Bank was a bank based in Franklin Square on Long Island , New York . It was once the United States ' 20th largest bank. On October 8, 1974, it collapsed in obscure circumstances involving Michele Sindona , who was a renowned Mafia -banker and member of the irregular freemasonic lodge Propaganda Due . It was at the time the largest bank failure in the history of the country. The bank
216-618: A broader nationalist message. His election accelerated the Republican Party's shift towards right-wing populism and resulted in decreasing influence among its conservative factions. After the 2016 elections , Republicans maintained their majority in the Senate , the House , and governorships , and wielded newly acquired executive power with Trump's election. The Republican Party controlled 69 of 99 state legislative chambers in 2017,
324-558: A large majority of the Democratic Party's upper and middle-class support. McKinley defeated Bryan and returned the presidency to Republican control until the 1912 presidential election . The 1896 realignment cemented the Republicans as the party of big businesses while president Theodore Roosevelt added more small business support by his embrace of trust busting . He handpicked his successor William Howard Taft in
432-478: A no-smoking policy on banking floors (1958). Today, the building is a Chase bank. On October 8, 1974, the Franklin National Bank was declared insolvent due to mismanagement and fraud, involving losses in foreign currency speculation and poor loan policies. This caused massive losses for its stockholders, resulted in jail and disgrace for its management; Italian financier and CEO Michele Sindona
540-418: A number of Republicans and conservative thought leaders questioning whether Trump should continue as the party's main figurehead and leader. Despite this, Trump easily won the nomination to be the party's candidate again in the 2024 presidential election . Trump achieved a decisive victory against Democratic nominee Kamala Harris , winning every swing state and the popular vote, while the Republicans held
648-453: A playground, a swimming pool, walking paths & nature trails, and sports facilities. Rath Park includes a swimming pool, a playground, football & baseball fields, and basketball, handball, & tennis courts. Furthermore, there is a snack commissary and recreational equipment rental facility that operate during the summer, while the pool is operational. Franklin Square is served by
756-544: A reduction of the national debt and federal budget deficit through decreased government spending . The Tea Party movement was also described as a popular constitutional movement composed of a mixture of libertarian , right-wing populist , and conservative activism. The Tea Party movement's electoral success began with Scott Brown 's upset win in the January Senate special election in Massachusetts ;
864-561: A second floor, pediment, partial hipped roof, cupola , rear four-story addition and a two-story banking hall; and a 1955 four-story rear office addition and drive-through teller . The building remained the bank's headquarters until 1960, when a new headquarters was built about 4 miles away in Mineola, New York , the county seat. The building was listed on the National Register of Historic Places in 2015. Arthur T. Roth joined
972-527: A treaty annexing Hawaii before Cleveland could be inaugurated. Most Republicans supported the proposed annexation, but Cleveland opposed it. In the 1896 presidential election , Republican William McKinley 's platform supported the gold standard and high tariffs, having been the creator and namesake for the McKinley Tariff of 1890. Though having been divided on the issue prior to that year's National Convention , McKinley decided to heavily favor
1080-560: A winner at the end of election day. Voter suppression in the South gave Republican-controlled returning officers enough of a reason to declare that fraud, intimidation and violence had soiled the states' results. They proceeded to throw out enough Democratic votes for Republican Rutherford B. Hayes to be declared the winner. Democrats refused to accept the results and the Electoral Commission made up of members of Congress
1188-624: Is a hamlet and census-designated place (CDP) in the Town of Hempstead in Nassau County , on Long Island , New York , United States. The population was 30,903 at the time of the 2020 census. The area was originally known as Trimming Square and then as Washington Square after President George Washington. What is now Franklin Square was near the center of the Hempstead Plains , and used as grazing land, and later farmland, by
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#17327810992701296-557: Is now Arden Boulevard) of the Hempstead-Jamaica Turnpike ( toll road ). The hotel attracted an increasing number of visitors and immigrants (the latter often German) from New York City to the formerly rural hamlet. Population grew steadily until the sudden intensified surge of suburbanization into post- World War II Long Island reached the community. By 1952, the farms were all gone, replaced by newly-built houses full of emigrants from nearby New York City. It
1404-471: Is rumored that the original name for the area, Trimming Square, reflected the fact that farms once dominated the area's landscape (as was common for areas all across the Hempstead Plains), and because many sheep were brought to the area by local farmers for separation during the latter parts of the 18th Century. The Trimming Square name was used between the early 19th Century and 1851, when the name
1512-525: Is served by one Conservative and seven Orthodox synagogues. An eruv surrounds most of Franklin Square and adjoining West Hempstead. Franklin Square was the home of the Franklin National Bank , once the nation's 20th largest bank. Under the leadership of Arthur T. Roth , the Franklin National Bank introduced many banking innovations, such as the bank credit card , the drive up teller window (1950), junior savings accounts (1947), and
1620-699: Is their honor to act on behalf of the people to maintain and preserve the quality of life within the district. Franklin Square Civic Association, established in 2016 by a group of residents within the community, serves to maintain and improve the quality of life within the community. The organization sponsors several events to bring the community together. Franklin Square has the Franklin Square Warriors youth football program, Franklin Square Raiders youth soccer program,
1728-483: The 1980 United States presidential election . The Reagan presidency , lasting from 1981 to 1989, constituted what is known as " the Reagan Revolution ". It was seen as a fundamental shift from the stagflation of the 1970s, with the introduction of Reagan's economic policies intended to cut taxes, prioritize government deregulation and shift funding from the domestic sphere into the military to check
1836-466: The 2022 elections confident and with analysts predicting a red wave , but it ultimately underperformed expectations, with voters in swing states and competitive districts joining Democrats in rejecting candidates who had been endorsed by Trump or who had denied the results of the 2020 election. The party won control of the House with a narrow majority, but lost the Senate and several state legislative majorities and governorships. The results led to
1944-701: The Certificate of Deposit (1969). In 1955, Franklin National Bank acquired the Roslyn National Bank and Trust Company and the First National Bank of Glen Cove. In 1964, Franklin opened branch offices in New York City, and in 1967 merged with Federation Bank & Trust Company. In 1968, Roth was removed as CEO by his protégé, Harold Gleason, after an alleged conflict of interest real estate scandal involving Donald Roth and
2052-546: The Coinage Act of 1873 , as a solution to the depressed American economy in the aftermath of that year's panic . Ahead of the 1880 presidential election , both James G. Blaine and opponent John Sherman failed to win the Republican nomination; each then backed James A. Garfield for president. Garfield won the 1880 presidential election, but was assassinated early in his term . His death helped create support for
2160-635: The Court of International Trade by the time he left office, shifting the court system to the right . Other notable achievements during his presidency included the passing of the Tax Cuts and Jobs Act in 2017; the creation of the U.S. Space Force , the first new independent military service since 1947; and the brokering of the Abraham Accords , a series of normalization agreements between Israel and various Arab states . The second half of his term
2268-573: The GOP ( Grand Old Party ), is one of the two major contemporary political parties in the United States . It emerged as the main political rival of the then-dominant Democratic Party in the 1850s, and the two parties have dominated American politics since then. The Republican Party was founded in 1854 by anti-slavery activists who opposed the Kansas–Nebraska Act , which allowed for
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#17327810992702376-544: The Iraq War . In the 2008 presidential election , Arizona Republican senator John McCain was defeated by Illinois Democratic senator Barack Obama . The Republicans experienced electoral success in the 2010 elections . The 2010 elections coincided with the ascendancy of the Tea Party movement , an anti-Obama protest movement of fiscal conservatives . Members of the movement called for lower taxes , and for
2484-592: The Kansas–Nebraska Act , which repealed the Missouri Compromise and opened the Kansas and Nebraska Territories to slavery and future admission as slave states. They denounced the expansion of slavery as a great evil, but did not call for complete abolition , including in the Southern states. While opposition to the expansion of slavery was the most consequential founding principle of the party, like
2592-537: The Pendleton Civil Service Reform Act , which was passed in 1883; the bill was signed into law by Republican president Chester A. Arthur , who succeeded Garfield. In 1884, Blaine won the Republican presidential nomination, but lost the general election to Democrat Grover Cleveland . Cleveland was the first Democrat to be elected president since James Buchanan. Dissident Republicans, known as Mugwumps , had defected from Blaine due to
2700-470: The Pew Research Center found that social conservatives and free market advocates remained the other two main groups within the party's coalition of support, with all three being roughly equal in number. However, libertarians and libertarian-leaning conservatives increasingly found fault with what they saw as Republicans' restricting of vital civil liberties while corporate welfare and
2808-577: The Second New Deal , saying it represented class warfare and socialism . Roosevelt was easily re-elected president in 1936 ; however, as his second term began, the economy declined , strikes soared, and he failed to take control of the Supreme Court and purge the Southern conservatives from the Democratic Party. Republicans made a major comeback in the 1938 House elections . Southern conservatives joined with most Republicans to form
2916-815: The Soviet Union by utilizing deterrence theory . During a visit to then- West Berlin in June 1987, he addressed Soviet leader Mikhail Gorbachev during a speech at the Berlin Wall , demanding that he " Tear down this wall! ". The remark was later seen as influential in the fall of the wall in 1989, and was retroactively seen as a defining achievement. The Soviet Union was dissolved in 1991 . Following Reagan's presidency, Republican presidential candidates frequently claimed to share Reagan's views and aimed to portray themselves and their policies as heirs to his legacy. Reagan's vice president, George H. W. Bush , won
3024-564: The Thirteenth Amendment to the U.S. Constitution —which banned slavery, except as punishment for a crime—was ratified in 1865. Following the assassination of Lincoln , Johnson ascended to the presidency. Johnson was vitriolic in his criticisms of the Radical Republicans during a national tour ahead of the 1866 elections . Anti-Johnson Republicans won a two-thirds majority in both chambers of Congress following
3132-629: The World Trade Organization . Bush lost his re-election bid in 1992 . While there is debate about whether Perot's candidacy cost Bush re-election, Charlie Cook asserted that Perot's messaging carried weight with Republican and conservative voters. In the 1994 elections , the Republican Party, led by House minority whip Newt Gingrich , who campaigned on the " Contract with America ", won majorities in both chambers of Congress, gained 12 governorships, and regained control of 20 state legislatures . The Republican Party won control of
3240-514: The conservative coalition , which dominated domestic issues in Congress until 1964. By the time of World War II , both parties split on foreign policy issues, with the anti-war isolationists dominant in the Republican Party and the interventionists dominant in the Democratic Party. Roosevelt won a third term in 1940 and a fourth in 1944 . Conservatives abolished most of the New Deal during
3348-609: The large-scale corruption present in the Grant administration , with the emerging Stalwart faction defending Grant and the spoils system , and the Half-Breeds advocating reform of the civil service . Republicans who opposed Grant branched off to form the Liberal Republican Party , nominating Horace Greeley in the 1872 presidential election . The Democratic Party attempted to capitalize on this divide in
Franklin National Bank - Misplaced Pages Continue
3456-539: The planter class became alarmed at the threat to the future of slavery in the United States. With the 1860 election of Abraham Lincoln , the first Republican president, the Southern states seceded from the United States. Under the leadership of Lincoln and a Republican Congress, the Republican Party led the fight to defeat the Confederate States in the American Civil War , thereby preserving
3564-474: The proposed airfield development at Calverton, New York . Importantly, the bank had several branches on the Bahamas and other tax havens before 1971. In 1970, Roth lost his position as Chairman and was pushed off the board of directors in favor of an influential future promised by Michele Sindona . Gleason then became chairman and chief executive officer, inviting Laurence Tisch to join as vice chairman as he
3672-518: The 1908 election , but they became enemies as the party split down the middle. Taft defeated Roosevelt for the 1912 nomination . Roosevelt ran on the ticket of his new Progressive Party . He called for social reforms , many of which were later championed by New Deal Democrats in the 1930s. He lost and when most of his supporters returned to the GOP, they found they did not agree with the new conservative economic thinking , leading to an ideological shift to
3780-411: The 1960s era of civil rights legislation, enacted by Democrats, the South became more reliably Republican, and Richard Nixon carried 49 states in the 1972 election , with what he touted as his " silent majority ". The 1980 election of Ronald Reagan realigned national politics, bringing together advocates of free-market economics, social conservatives , and Cold War foreign policy hawks under
3888-640: The CDP has a total area of 2.9 square miles (7.5 km ), all land. Franklin Square is bordered on the north by Stewart Manor , northeast by Garden City and Garden City South, southwest by North Valley Stream , east by West Hempstead , and west by Elmont . As of the 2010 United States Census the population was 29,320. The makeup of the population was 75.1% Non-Hispanic White, 3.2% African American , 0.11% Native American , 7.2% Asian , 0.01% Pacific Islander , 1.75% from other races , and 2% from two or more races. Hispanic or Latino of any race were 13.3% of
3996-538: The Democrats, whom they saw as the party of bloated, secular, and liberal government. This period saw the rise of "pro-government conservatives"—a core part of the Bush's base—a considerable group of the Republicans who advocated for increased government spending and greater regulations covering both the economy and people's personal lives, as well as for an activist and interventionist foreign policy. Survey groups such as
4104-1057: The Elmont Public Library) and the Franklin Square Library District (served by the Franklin Square Public Library). Franklin Square had a print weekly newspaper, the Franklin Square Bulletin , and is covered by another local print and online newspaper, the Three Village Times . Franklin Square has a volunteer fire department and is served by the Nassau County Police Department's Fifth Precinct. Sanitation and recycling services are provided by Town of Hempstead District 6. Republican Party (United States) The Republican Party , also known as
4212-968: The Franklin Square Little League, and Franklin Square Seminoles II baseball and softball club. As part of the Town of Hempstead, Franklin Square is located within the town's 3rd council district, through which it is represented on the Hempstead Town Council by Melissa Miller. Furthermore, as part of New York's 4th congressional district , the hamlet is represented by Anthony D'Esposito . The Town of Hempstead Department of Parks and Recreation operates and maintains two parks in Franklin Square: Averill Boulevard Park and Rath Park. The Averill Boulevard Park features
4320-556: The GOP and he proved unable to shift the party to a more moderate position. Historians cite the 1964 presidential election and its respective National Convention as a significant shift, which saw the conservative wing, helmed by Arizona senator Barry Goldwater , battle liberal New York governor Nelson Rockefeller and his eponymous Rockefeller Republican faction for the nomination. With Goldwater poised to win, Rockefeller, urged to mobilize his liberal faction, retorted, "You're looking at it, buddy. I'm all that's left." Following
4428-406: The GOP by co-nominating Greeley under their party banner. Greeley's positions proved inconsistent with the Liberal Republican Party that nominated him, with Greeley supporting high tariffs despite the party's opposition. Grant was easily re-elected. The 1876 presidential election saw a contentious conclusion as both parties claimed victory despite three southern states not officially declaring
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4536-597: The GOP cooperated with Truman's Cold War foreign policy, funded the Marshall Plan and supported NATO , despite the continued isolationism of the Old Right. Eisenhower had defeated conservative leader senator Robert A. Taft for the 1952 Republican presidential nomination , but conservatives dominated the domestic policies of the Eisenhower administration . Voters liked Eisenhower much more than they liked
4644-520: The House and retook control of the Senate, thus delivering a Republican trifecta . Trump significantly improved his vote share among almost all demographics nationwide, particularly among Hispanic voters, in a working class coalition described as the most racially diverse for a Republican presidential candidate in decades. As of 2024, the GOP holds a majority in the U.S. House of Representatives . It also holds 27 state governorships , 28 state legislatures , and 23 state government trifectas . Six of
4752-504: The House of Representatives for the first time in 40 years , and won a majority of U.S. House seats in the South for the first time since Reconstruction. However, most voters had not heard of the Contract and the Republican victory was attributed to traditional mid-term anti-incumbent voting and Republicans becoming the majority party in the South for the first time since Reconstruction, winning many former Southern Democrats . Gingrich
4860-512: The Nixon administration to ensure that his background did not inhibit his ability to become vice chairman and largest stockholder in the bank. Unfortunately Sindona began to suffer huge losses in the foreign exchange markets, and decided to defraud the bank of $ 30,000,000 to cover his losses, which brought the bank below its capital needs to operate. In mid-1974, management revealed huge losses, and depositors started taking out large withdrawals, causing
4968-536: The Republican House's legislative agenda if he were to serve as speaker. Illinois representative Dennis Hastert was promoted to speaker in Livingston's place, serving in that position until 2007. Republican George W. Bush won the 2000 and 2004 presidential elections . He campaigned as a " compassionate conservative " in 2000, wanting to better appeal to immigrants and minority voters. The goal
5076-421: The Republican Party lost seven seats in the House , but still retained control of that chamber. However, Republicans were unable to gain control of the Senate , continuing their minority status with a net loss of two seats. In the aftermath of the loss, some prominent Republicans spoke out against their own party. A 2012 election post-mortem by the Republican Party concluded that the party needed to do more on
5184-634: The Republican Party had greatly shifted towards illiberalism following the election of Trump, and research conducted by the V-Dem Institute concluded that the party was more similar to Europe's most right-wing parties such as Law and Justice in Poland or Fidesz in Hungary. In 2022 and 2023, Supreme Court justices appointed by Trump proved decisive in landmark decisions on gun rights , abortion , and affirmative action . The party went into
5292-401: The Republican Party's first National Convention in 1856 , the party adopted a national platform emphasizing opposition to the expansion of slavery into the free territories. Although Republican nominee John C. Frémont lost that year's presidential election to Democrat James Buchanan , Buchanan managed to win only four of the fourteen northern states. Despite the loss of the presidency and
5400-855: The Republican banner. Since 2009, the party has faced significant factionalism within its own ranks and has shifted towards right-wing populism . In the 21st century, the Republican Party receives its strongest support from rural voters , evangelical Christians , men , senior citizens , and voters without college degrees . On economic issues, the party has maintained a pro-business attitude since its inception. It supports low taxes and deregulation while opposing socialism , labor unions and single-payer healthcare . The populist faction supports economic protectionism , including tariffs . On social issues, it advocates for restricting abortion , discouraging and often prohibiting recreational drug use , promoting gun ownership and easing gun restrictions , and opposing transgender rights . In foreign policy,
5508-497: The Republicans lost five seats, though whether it was due to poor messaging or Clinton's popularity providing a coattail effect is debated. Gingrich was ousted from party power due to the performance, ultimately deciding to resign from Congress altogether. For a short time afterward, it appeared Louisiana representative Bob Livingston would become his successor; Livingston, however, stepped down from consideration and resigned from Congress after damaging reports of affairs threatened
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#17327810992705616-503: The Republicans struck a deal with Clinton on the Balanced Budget Act of 1997 , which included tax cuts, the Republican House majority had difficulty convening on a new agenda ahead of the 1998 elections . During the ongoing impeachment of Bill Clinton in 1998, Gingrich decided to make Clinton's misconduct the party message heading into the elections, believing it would add to their majority. The strategy proved mistaken and
5724-500: The Senate on June 6, 2001, when Vermont Republican senator Jim Jeffords switched his party affiliation to Democrat. The Republicans regained the Senate majority in the 2002 elections , helped by Bush's surge in popularity following the September 11 attacks , and Republican majorities in the House and Senate were held until the Democrats regained control of both chambers in the 2006 elections , largely due to increasing opposition to
5832-473: The Senate voted to acquit him. Trump lost the 2020 presidential election to Democrat Joe Biden . He refused to concede the race, claiming widespread electoral fraud and attempting to overturn the results . On January 6, 2021, the United States Capitol was attacked by Trump supporters following a rally at which Trump spoke. After the attack, the House impeached Trump for a second time on
5940-408: The Senate. Over the course of his presidency, Trump appointed three justices to the Supreme Court : Neil Gorsuch , Brett Kavanaugh , and Amy Coney Barrett . It was the most Supreme Court appointments for any president in a single term since Richard Nixon . Trump appointed 260 judges in total, creating overall Republican-appointed majorities on every branch of the federal judiciary except for
6048-541: The Union and abolishing slavery . After the war, the party largely dominated national politics until the Great Depression in the 1930s, when it lost its congressional majorities and the Democrats' New Deal programs proved popular. Dwight D. Eisenhower 's election in 1952 was a rare break between Democratic presidents and he presided over a period of increased economic prosperity after World War II . Following
6156-612: The Whig Party it replaced, Republicans also called for economic and social modernization . At the first public meeting of the anti-Nebraska movement on March 20, 1854, at the Little White Schoolhouse in Ripon, Wisconsin , the name "Republican" was proposed as the name of the party. The name was partly chosen to pay homage to Thomas Jefferson 's Democratic-Republican Party . The first official party convention
6264-401: The average family size was 3.30. In the CDP, the population was spread out, with 22.0% under the age of 18, 7.1% from 18 to 24, 29.6% from 25 to 44, 22.7% from 45 to 64, and 18.6% who were 65 years of age or older. The median age was 39 years. For every 100 females, there were 89.9 males. For every 100 females age 18 and over, there were 86.3 males. The median income for a household in the CDP
6372-488: The bank in 1934 as head teller and became president in 1946. Under his leadership, Franklin National Bank introduced many banking innovations, including junior savings accounts (1947), the drive-up teller window (1950), the bank credit card (1951), a no-smoking policy on banking floors (1958), and outdoor teller machines at branch banks (1968) – along with the Franklin Savings Bond, which later developed into
6480-655: The bank to have to borrow over $ 1 billion from the Federal Reserve Bank . On October 8, 1974, the bank was declared insolvent due to mismanagement and fraud , involving losses in foreign currency speculation and poor loan policies. In 1975, Peter Shaddick, the former executive vice-chairman of the bank's international division, pleaded guilty to fraud. Following their 1979 trial in Federal District Court in New York , Gleason, Paul Luftig ,
6588-654: The bank's former president and chief administrative officer, and J. Michael Carter , a former senior vice president, were convicted of falsifying financial records. The Italian lawyer and liquidator of Sindona's Italian financial empire, Giorgio Ambrosoli , provided the US Justice Department with evidence to convict Sindona for his role in the collapse of the Bank. Ambrosoli was killed by a Mafia hitman commissioned by Sindona in July 1979. In 1980, "mysterious Michele"
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#17327810992706696-532: The charge of incitement of insurrection , making him the only federal officeholder to be impeached twice. Trump left office on January 20, 2021. His impeachment trial continued into the early weeks of the Biden presidency , and he was acquitted on February 13, 2021 . Since the 2020 election, election denial has become increasingly mainstream in the party, with the majority of 2022 Republican candidates being election deniers. The party also made efforts to restrict voting based on false claims of fraud. By 2020,
6804-462: The corruption which had plagued his political career. Republican Benjamin Harrison defeated Cleveland in the 1888 election . During his presidency, Harrison signed the Dependent and Disability Pension Act , which established pensions for all veterans of the Union who had served for more than 90 days and were unable to perform manual labor. Following his loss to Cleveland in the 1892 presidential election , Harrison unsuccessfully attempted to pass
6912-426: The decade produced an unprecedented prosperity until the Wall Street Crash of 1929 heralded the Great Depression. The New Deal coalition forged by Democratic president Franklin D. Roosevelt controlled American politics for most of the next three decades, excluding the presidency of Republican Dwight D. Eisenhower in the 1950s. After Roosevelt took office in 1933, New Deal legislation sailed through Congress and
7020-416: The economy moved sharply upward from its nadir in early 1933. The 1934 elections left the GOP with only 25 senators against 71 Democrats. The House likewise had overwhelming Democratic majorities. The Republican Party factionalized into a majority Old Right , based predominantly in the Midwest , and a liberal wing based in the Northeast that supported much of the New Deal. The Old Right sharply attacked
7128-417: The elections, which helped lead the way toward his impeachment and near ouster from office in 1868, the same year Ulysses S. Grant was elected as the next Republican president . Grant was a Radical Republican, which created some division within the party. Massachusetts senator Charles Sumner and Illinois senator Lyman Trumbull opposed most of his Reconstructionist policies. Others took issue with
7236-410: The first New York State Incorporated Civic of Long Island, established in 1929. As the oldest acting Civic, originally serving all of Nassau County, in 1942, they narrowed their demographics to serve Franklin Square School District #17. The Community League of Garden City South, Inc. Is a direct liaison between the residents/merchants and the State and Local Governments as well as other Organizations. It
7344-466: The first white settlers. The southern portion included oak and dogwood forests. In late 1643, Robert Fordham and John Carman made a treaty with members of the Massapequak , Mericoke , Matinecock and Rockaway tribes to buy roughly 100 square miles upon which they intended to start a new settlement. They purchased this tract, including much of what are now the towns of Hempstead and North Hempstead . In 1790, George Washington passed through
7452-526: The following: The Valley Stream Union Free School District 13 covers the four public elementary schools in Franklin Square (Willow Road School is located in Franklin Square under Valley Stream District) and two public high schools (North Valley Stream H.S. is located in Franklin Square under Valley Stream District). The Franklin Square Union Free District 17 covers Washington Street School, John Street Elementary School, H. Frank Carey High School, and Polk Street School. District 16 (Elmont School district), covers
7560-409: The gold standard over free silver in his campaign messaging, but promised to continue bimetallism to ward off continued skepticism over the gold standard, which had lingered since the Panic of 1893 . Democrat William Jennings Bryan proved to be a devoted adherent to the free silver movement, which cost Bryan the support of Democratic institutions such as Tammany Hall , the New York World and
7668-479: The lack of a majority in the U.S. Congress , Republicans were able to orchestrate a Republican speaker of the House of Representatives , which went to Nathaniel P. Banks . Historian James M. McPherson writes regarding Banks' speakership that "if any one moment marked the birth of the Republican party, this was it." The Republicans were eager for the 1860 elections . Former Illinois U.S. representative Abraham Lincoln spent several years building support within
7776-593: The matter. As a result of his acquisition of a controlling stake in Franklin, Sindona finally had a money laundering operation to aid his ties to Vatican Bank and the Sicilian drug cartel. Sindona used the bank's ability to transfer funds, produce letters of credit, and trade in foreign currencies to begin building a banking empire in the U.S. Allegedly Sindona used his influence in the Republican Party and
7884-419: The most it had held in history. The Party also held 33 governorships, the most it had held since 1922. The party had total control of government in 25 states; it had not held total control of this many states since 1952. The opposing Democratic Party held full control of only five states in 2017. In the 2018 elections , Republicans lost control of the House of Representatives, but strengthened their hold on
7992-574: The name Franklin Square. It is rumored that the name is in honor of Benjamin Franklin . In February 1929, locals tried incorporating their community as the Incorporated Village of Franklin Square . However, the plans were scrapped that April when the Town of Hempstead denied the petition, due to the fact that too few residents were in favor of incorporation. According to the United States Census Bureau ,
8100-467: The national debt hiked considerably under Bush's tenure. In contrast, some social conservatives expressed dissatisfaction with the party's support for economic policies that conflicted with their moral values. The Republican Party lost its Senate majority in 2001 when the Senate became split evenly; nevertheless, the Republicans maintained control of the Senate due to the tie-breaking vote of Bush's vice president, Dick Cheney . Democrats gained control of
8208-406: The national level to attract votes from minorities and young voters. In March 2013, Republican National Committee chairman Reince Priebus issued a report on the party's electoral failures in 2012, calling on Republicans to reinvent themselves and officially endorse immigration reform. He proposed 219 reforms, including a $ 10 million marketing campaign to reach women, minorities, and gay people;
8316-422: The nine current U.S. Supreme Court justices were appointed by Republican presidents. Its most recent presidential nominee is Donald Trump , who served as the 45th president of the United States and was the party's candidate again in the 2024 presidential election . There have been 19 Republican presidents, the most from any one political party. The Republican Party's founding members chose its name as homage to
8424-549: The party establishment is interventionist, while the populist faction supports isolationism and in some cases non-interventionism . In 1854, the Republican Party was founded in the Northern United States by forces opposed to the expansion of slavery , ex- Whigs , and ex- Free Soilers . The Republican Party quickly became the principal opposition to the dominant Democratic Party and the briefly popular Know Nothing Party. The party grew out of opposition to
8532-615: The party, campaigning heavily for Frémont in 1856 and making a bid for the Senate in 1858 , losing to Democrat Stephen A. Douglas but gaining national attention from the Lincoln–Douglas debates it produced. At the 1860 Republican National Convention , Lincoln consolidated support among opponents of New York U.S. senator William H. Seward , a fierce abolitionist who some Republicans feared would be too radical for crucial states such as Pennsylvania and Indiana , as well as those who disapproved of his support for Irish immigrants. Lincoln
8640-695: The passage of the Civil Rights Act of 1964 and Voting Rights Act of 1965 , the southern states became more reliably Republican in presidential politics, while northeastern states became more reliably Democratic. The GOP went on to control the White House from 1969 to 1977 under 37th president Richard Nixon , and when he resigned in 1974 due to the Watergate scandal , Gerald Ford became the 38th president, serving until 1977. Ronald Reagan defeated incumbent Democratic President Jimmy Carter in
8748-566: The population. As of the 2000 United States Census there were 29,342 people, 10,187 households and 7,833 families residing in the CDP. The population density was 10,169.2 inhabitants per square mile (3,926.4/km ). There were 10,364 housing units at an average density of 3,591.9 per square mile (1,386.8/km ). The racial makeup of the CDP was 93.97% White , 0.99% African American , 0.11% Native American , 1.79% Asian , 0.01% Pacific Islander , 1.75% from other races , and 1.38% from two or more races. Hispanic or Latino of any race were 6.89% of
8856-410: The population. There were 10,187 households, out of which 31.4% had children under the age of 18 living with them, 62.9% were married couples living together, 10.4% had a female householder with no husband present, and 23.1% were non-families. Of all households 19.9% were made up of individuals, and 11.3% had someone living alone who was 65 years of age or older. The average household size was 2.87 and
8964-454: The potential extension of slavery to the western territories. The party supported classical liberalism and economic reform geared to industry, supporting investments in manufacturing, railroads, and banking. The party was successful in the North, and by 1858, it had enlisted most former Whigs and former Free Soilers to form majorities in almost every northern state. White Southerners of
9072-501: The presidency in a landslide in the 1988 election . However, his term was characterized by division within the Republican Party. Bush's vision of economic liberalization and international cooperation with foreign nations saw the negotiation and, during the presidency of Democrat Bill Clinton in the 1990s, the signing of the North American Free Trade Agreement (NAFTA) and the conceptual beginnings of
9180-487: The right in the Republican Party. The Republicans returned to the presidency in the 1920s, winning on platforms of normalcy , business-oriented efficiency, and high tariffs. The national party platform avoided mention of prohibition, instead issuing a vague commitment to law and order . Warren G. Harding died in 1923 and Calvin Coolidge easily defeated the splintered opposition in 1924. The pro-business policies of
9288-464: The seat had been held for decades by Democrat Ted Kennedy . In November, Republicans recaptured control of the House , increased their number of seats in the Senate , and gained a majority of governorships . The Tea Party would go on to strongly influence the Republican Party, in part due to the replacement of establishment Republicans with Tea Party-style Republicans. When Obama was re-elected president in 2012 , defeating Republican Mitt Romney ,
9396-519: The setting of a shorter, more controlled primary season; and the creation of better data collection facilities. Following the 2014 elections , the Republican Party took control of the Senate by gaining nine seats. With 247 seats in the House and 54 seats in the Senate, the Republicans ultimately achieved their largest majority in the Congress since the 71st Congress in 1929. In the 2016 presidential election , Republican nominee Donald Trump defeated Democratic nominee Hillary Clinton . The result
9504-473: The town while touring Long Island . He wrote in his diary that the area was "entirely treeless except for a few scraggly fruit trees." Walt Whitman spent three months in the spring of 1840 as the schoolmaster of the Trimming Square school district, in the area where Franklin Square, Garden City South and West Hempstead intersect. In 1852, one Louis Schroeher built a hotel near a tollgate (by what
9612-477: The values of republicanism promoted by Democratic-Republican Party, which its founder, Thomas Jefferson, called the "Republican Party". The idea for the name came from an editorial by the party's leading publicist, Horace Greeley, who called for "some simple name like 'Republican' [that] would more fitly designate those who had united to restore the Union to its true mission of champion and promulgator of Liberty rather than propagandist of slavery". The name reflects
9720-475: The war, but they did not attempt to do away with Social Security or the agencies that regulated business. Historian George H. Nash argues: Unlike the "moderate", internationalist, largely eastern bloc of Republicans who accepted (or at least acquiesced in) some of the "Roosevelt Revolution" and the essential premises of President Harry S. Truman 's foreign policy, the Republican Right at heart
9828-496: The way for Sindona to take over Franklin. Sindona paid more than Tisch had paid for the stock. Tisch was later sued by the Federal Deposit Insurance Corporation (FDIC) for breach of fiduciary duty with respect to the sale of his shares to Sindona. Tisch had bought the shares in a gradual accumulation as a favor for Sindona. It would appear the sudden need to sell the shares and Sindona sitting in
9936-545: The western part, with most students attending Covert Ave School and Sewanhaka High School. Below are the schools in Franklin Square, and their respective grade levels and districts. The private St. Catherine of Sienna Elementary School was once located within the hamlet. It closed in June 2012. Franklin Square residents are served by two public libraries: the Elmont Library District (served by
10044-654: The wings allowed the purchase of shares by Sindona to appear as a golden angel to the rescue. Harold Gleason orchestrated the situation by appointing Tisch as a board member, creating the conflict of interest circumstance which would allow Tisch to make the sale to Sindona for other than investment quality reasons. Neither the Comptroller of the Currency, the FDIC, or the Security and Exchange Commission showed any interest in
10152-491: Was $ 80,164, and the median income for a family was $ 87,485 as of a 2007. Males had a median income of $ 50,805 versus $ 35,207 for females. The per capita income for the CDP was $ 24,149. About 3.7% of families and 5.0% of the population were below the poverty line , including 4.8% of those under age 18 and 7.7% of those age 65 or over. Franklin Square has large Italian-American (40%), Irish-American (16%) and German-American (11%) populations. The growing Jewish population
10260-651: Was a 22% shareholder. In 1972, Michele Sindona , a banker with close ties to the Mafia , the masonic lodge P2 , and the Nixon administration , purchased a controlling interest in Long Island 's Franklin National Bank from Laurence Tisch , Chairman of Loews Corporation , which owned hotels in Italy. Later the U.S. Comptroller of the Currency declared Tisch an unqualified director for reasons of conflict of interest, paving
10368-548: Was a zealous radical. Gingrich's strategy of " constitutional hardball " resulted in increasing political polarization . The Republicans maintained their majority for the first time since 1928 despite Bob Dole losing handily to Clinton in the presidential election . However, Gingrich's national profile proved a detriment to the Republican Congress, which enjoyed majority approval among voters in spite of Gingrich's relative unpopularity. After Gingrich and
10476-487: Was changed to Washington Square after George Washington. The name of the community was again changed in the 1870s when locals made strides to establish a local U.S. post office. The United States Postal Service would not use the name Washington Square, as they felt that there were too many other places within New York which had Washington in their names. This led to locals again changing the name, and they ultimately chose
10584-603: Was convicted in the United States and in 1984 was extradited to Italy . In March 1986, he died of cyanide poisoning while serving a life sentence. Some sources indicate he was murdered, while others indicate he committed suicide. Murder could have been by actors in revenge for Sindona's alleged, but until now still unproven, murder of Pope John Paul I . Others say there was fear that old men in jail talk as they contemplate their doom. Franklin's assets were later purchased by European American Bank , itself later acquired by Citigroup . Franklin Square, New York Franklin Square
10692-415: Was counterrevolutionary. Anti-collectivist, anti-Communist , anti-New Deal, passionately committed to limited government , free market economics , and congressional (as opposed to executive) prerogatives, the G.O.P. conservatives were obliged from the start to wage a constant two-front war: against liberal Democrats from without and "me-too" Republicans from within. After 1945, the internationalist wing of
10800-515: Was elected president in the general election . This election result helped kickstart the American Civil War , which lasted from 1861 until 1865. The 1864 presidential election united War Democrats with the GOP in support of Lincoln and Tennessee Democratic senator Andrew Johnson , who ran for president and vice president on the National Union Party ticket; Lincoln was re-elected. Under Republican congressional leadership,
10908-592: Was established to decide who would be awarded the states' electors. After the Commission voted along party lines in Hayes' favor, Democrats threatened to delay the counting of electoral votes indefinitely so no president would be inaugurated on March 4. This resulted in the Compromise of 1877 and Hayes finally became president. Hayes doubled down on the gold standard , which had been signed into law by Grant with
11016-544: Was founded as Franklin Square National Bank in 1926 and changed its name to Franklin National Bank in 1947. Its original location was built in 1929 in Franklin Square , a suburban hamlet in Nassau County. It was subsequently expanded in stages through 1955. It consists of the original 1929 one-story Colonial Revival style building; a 1939 expansion; a 1946/47 expansion which included the addition of
11124-537: Was held on July 6, 1854, in Jackson, Michigan . The party emerged from the great political realignment of the mid-1850s, united in pro-capitalist stances with members often valuing Radicalism . The realignment was powerful because it forced voters to switch parties, as typified by the rise and fall of the Know Nothing Party , the rise of the Republican Party and the splits in the Democratic Party. At
11232-476: Was increasingly controversial, as he implemented a family separation policy for migrants , deployed federal law enforcement forces in response to racial protests and reacted slowly to the COVID-19 pandemic before clashing with health officials over testing and treatment. Trump was impeached by the House of Representatives in 2019 on charges of abuse of power and obstruction of Congress. On February 5, 2020,
11340-399: Was made speaker, and within the first 100 days of the Republican majority, every proposition featured in the Contract was passed, with the exception of term limits for members of Congress. One key to Gingrich's success in 1994 was nationalizing the election, which in turn led to his becoming a national figure during the 1996 House elections , with many Democratic leaders proclaiming Gingrich
11448-467: Was poisoned in his cell in 1986, while serving a life-sentence for his part in this affair. It was at the time the largest bank failure in the history of the country, and forced US banking policymakers to reexamine and reassess regulation of international banking. The building was listed on the National Register of Historic Places in 2015. There is an active Chamber of Commerce and a historical society. The Community League of Garden City South, Inc. Is
11556-454: Was to prioritize drug rehabilitation programs and aid for prisoner reentry into society, a move intended to capitalize on President Clinton's tougher crime initiatives such as his administration's 1994 crime bill . The platform failed to gain much traction among members of the party during his presidency. The Republican Party remained fairly cohesive for much of the 2000s, as both strong economic libertarians and social conservatives opposed
11664-544: Was unexpected; polls leading up to the election showed Clinton leading the race. Trump's victory was fueled by narrow victories in three states— Michigan , Pennsylvania , and Wisconsin —that had been part of the Democratic blue wall for decades. It was attributed to strong support amongst working-class white voters, who felt dismissed and disrespected by the political establishment. Trump became popular with them by abandoning Republican establishment orthodoxy in favor of
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