136-535: Thousand Island Park , also known as TI Park, is a hamlet and census-designated place (CDP) in the town of Orleans , Jefferson County , New York , United States, in the Thousand Islands region on the St. Lawrence River . Founded in 1875 as a holiday camp , the incorporated community remains a seasonal summer community; despite 323 housing units, there was only a population of 31 permanent residents as of
272-634: A deflationary spiral started in 1931. Farmers faced a worse outlook; declining crop prices and a Great Plains drought crippled their economic outlook. At its peak, the Great Depression saw nearly 10% of all Great Plains farms change hands despite federal assistance. At first, the decline in the U.S. economy was the factor that triggered economic downturns in most other countries due to a decline in trade, capital movement, and global business confidence. Then, internal weaknesses or strengths in each country made conditions worse or better. For example,
408-418: A silver standard , almost avoided the depression entirely. The connection between leaving the gold standard as a strong predictor of that country's severity of its depression and the length of time of its recovery has been shown to be consistent for dozens of countries, including developing countries . This partly explains why the experience and length of the depression differed between regions and states around
544-673: A catalyst for change in the Park; the architectural charm and setting was once again appreciated. The Centennial Year Celebration inspired the formation of the Landmark Society in 1976, and the path that led to the Park regaining its architectural character and integrity. A small group of dedicated Landmark Society members initiated the nomination of Thousand Island Park to the National Register of Historic Places, finally achieved in 1982. The Thousand Island Park Landmark Society
680-506: A county administrator, who acts on behalf of the legislature, the legislature must maintain ultimate control over the actions of the administrator. Many, but not all, charter counties have an elected executive who is independent of the legislature; the exact form of government is defined in the County Charter. In New York, each city is a highly autonomous incorporated area that, with the exceptions of New York City and Geneva ,
816-604: A former privately run bank, bearing no relation to the U.S. government (not to be confused with the Federal Reserve ). Unable to pay out to all of its creditors, the bank failed. Among the 608 American banks that closed in November and December 1930, the Bank of United States accounted for a third of the total $ 550 million deposits lost and, with its closure, bank failures reached a critical mass. In an initial response to
952-467: A greater reduction in credit. On 5 April 1933, President Roosevelt signed Executive Order 6102 making the private ownership of gold certificates , coins and bullion illegal, reducing the pressure on Federal Reserve gold. British economist John Maynard Keynes argued in The General Theory of Employment, Interest and Money that lower aggregate expenditures in the economy contributed to
1088-642: A land-use classification for private land under its Adirondack Park Land Use and Development Plan (APLUDP). The APLUDP extends the boundaries for its classification of hamlets "well beyond established settlements" to allow for growth. In New York, a village is an incorporated area. About 85% of villages fall within a single town. Villages in the State of New York are classified by the Census Bureau as incorporated places . Like all municipal corporations, villages have clearly defined legal boundaries. A village
1224-417: A mayor and (usually) four trustees. The board is responsible for approving mayoral appointments, managing village finances and property, and approving a budget. The mayor, who is generally the chief executive of the village, may vote in all business before the board and must vote to break a tie. The mayor generally does not possess veto power, unless this is provided for by local law. Administrative duties of
1360-600: A modern industrial city handled shortages of money and resources. Often they updated strategies their mothers used when they were growing up in poor families. Cheap foods were used, such as soups, beans and noodles. They purchased the cheapest cuts of meat—sometimes even horse meat—and recycled the Sunday roast into sandwiches and soups. They sewed and patched clothing, traded with their neighbors for outgrown items, and made do with colder homes. New furniture and appliances were postponed until better days. Many women also worked outside
1496-402: A monetary contraction first-hand were forced to join the deflationary policy since higher interest rates in countries that performed a deflationary policy led to a gold outflow in countries with lower interest rates. Under the gold standard's price–specie flow mechanism , countries that lost gold but nevertheless wanted to maintain the gold standard had to permit their money supply to decrease and
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#17327803571371632-567: A serious issue in the 1930s. Support for increasing welfare programs during the depression included a focus on women in the family. The Conseil Supérieur de la Natalité campaigned for provisions enacted in the Code de la Famille (1939) that increased state assistance to families with children and required employers to protect the jobs of fathers, even if they were immigrants. In rural and small-town areas, women expanded their operation of vegetable gardens to include as much food production as possible. In
1768-480: A small cadre of Labour, but the vast majority of Labour leaders denounced MacDonald as a traitor for leading the new government. Britain went off the gold standard , and suffered relatively less than other major countries in the Great Depression. In the 1931 British election, the Labour Party was virtually destroyed, leaving MacDonald as prime minister for a largely Conservative coalition. In most countries of
1904-713: A standstill agreement froze Germany's foreign liabilities for six months. Germany received emergency funding from private banks in New York as well as the Bank of International Settlements and the Bank of England. The funding only slowed the process. Industrial failures began in Germany, a major bank closed in July and a two-day holiday for all German banks was declared. Business failures were more frequent in July, and spread to Romania and Hungary. The crisis continued to get worse in Germany, bringing political upheaval that finally led to
2040-544: A total area of 0.29 square miles (0.76 km), all land. Rock Island Light is 0.5 miles (0.8 km) southeast of Thousand Island Park in the middle of the south channel of the St. Lawrence, known as American Narrows, and Fishers Landing is directly across the narrows on the mainland, 1 mile (1.6 km) southeast of the community. As of the 2020 US Census, the population of the Thousand Island Park CDP
2176-546: A town; 35.9% were living in a town but outside a village. Whereas cities and villages can cross county boundaries, each town in New York is completely contained within a single county. New York towns are classified by statute as being a town of the first class or a town of the second class . Additionally, a town of the first class can further be classified as a suburban town upon meeting certain criteria. Originally, towns of different classes possessed different powers. Since 1964, all towns, regardless of classification, have had
2312-481: A uniform statewide Village Law (twelve villages still operate under charters issued by the state legislature prior to a revision of the State Constitution in 1874 that forbade chartering villages). Also, villages are part of a town (or towns; some villages cross town borders), with residents who pay taxes to and receive services from the town. Cities are neither part of nor subordinate to towns except for
2448-510: A village becomes a city, the Legislature requires clear evidence, usually in the form of a locally drafted charter, that the community in question seeks to incorporate as a city. The forms of government cities can have are council–manager, strong mayor–council, weak mayor–council or commission. Forty-six cities, the majority, use the mayor–council form. The City of New York is a special case. The state legislature reorganized government in
2584-494: A village or town but will perform some of the functions of the other form. Villages remain part of the towns in which they are located; village residents pay both town and village taxes, and vote in both town and village elections. Towns can contain several hamlets and communities. If the United States Postal Service (USPS) has a post office in a hamlet it often will use the name of that hamlet, as will
2720-423: Is Sherrill, New York , with just 3,071 inhabitants in 2010. The smallest city by area is Mechanicville, New York , which covers 0.91 sq mi (2.4 km ) (of which 0.08 sq mi (0.2 km ) is water). Some places containing the word "city" in their name are not cities. Examples include Johnson City , Garden City , and New City . Several cities, such as Albany, are divided into wards for
2856-658: Is a consensus that the Federal Reserve System should have cut short the process of monetary deflation and banking collapse, by expanding the money supply and acting as lender of last resort . If they had done this, the economic downturn would have been far less severe and much shorter. Modern mainstream economists see the reasons in Insufficient spending, the money supply reduction, and debt on margin led to falling prices and further bankruptcies ( Irving Fisher 's debt deflation). The monetarist explanation
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#17327803571372992-408: Is a municipality that provides services to the residents, services that may or may not include garbage collection, management of cemeteries, street and highway maintenance, street lighting, and building codes. Some villages provide their own police and other municipal services. Villages have less autonomy than cities. While cities are not subject to a town's jurisdiction, villages legally remain part of
3128-402: Is commonplace to change boundaries and define new CDPs for each census. The Census Bureau formerly referred to CDPs as "unincorporated places" from 1950 through the 1970 decennial censuses. The term CDP was first used for the 1980 census , and minimum population criteria for CDPs were dropped with the 2000 census . Though the term "hamlet" is not defined under New York law, many people in
3264-456: Is contained within one county. Cities in New York are classified by the U.S. Census Bureau as incorporated places. They provide almost all services to their residents and have the highest degree of home rule and taxing jurisdiction over their residents. The main difference between a city and a village is that cities are organized and governed according to their charters , which can differ widely among cities, while most villages are subject to
3400-772: Is fortunate so much remains. The Methodist summer camp colony that surrounded the Tabernacle was soon transformed from a tent city into a permanent village of summer residences. It was built on a scale far surpassing other similar associations. All roads lead to the Tabernacle centered prominently and squarely at the head of the Park on St. Lawrence Ave. The Tabernacle was the center for socialization and participation in Chautauqua-like programs which included religious studies, Sunday school institutes, outdoor recreation, travel lectures, temperance rallies and discussion of social reforms. Campers leased lots, set up their tents on
3536-566: Is in the northern part of the town of Orleans, at the southwest end of Wellesley Island , one of the largest of the Thousand Islands. It is bordered to the east by Wellesley Island State Park . The community is reached by automobile using County Route 100, which leads northeast 2.5 miles (4.0 km) to Interstate 81 at Exit 51. According to the United States Census Bureau , the Thousand Island Park CDP has
3672-558: Is in three towns and two counties. Five towns are coterminous with their single village and have a coterminous town-village form of government. Despite their names, Greenwich Village , the East Village , and Queens Village are not villages, but neighborhoods of the City of New York . A borough is one of the five major administrative divisions of the consolidated City of New York . Boroughs do not currently exist elsewhere in
3808-493: Is supported by the contrast in how the crisis progressed in, e.g., Britain, Argentina and Brazil, all of which devalued their currencies early and returned to normal patterns of growth relatively rapidly and countries which stuck to the gold standard , such as France or Belgium. Frantic attempts by individual countries to shore up their economies through protectionist policies – such as the 1930 U.S. Smoot–Hawley Tariff Act and retaliatory tariffs in other countries – exacerbated
3944-498: Is supported today by individuals who promote the mission set forth by the Landmark founders. The restoration and preservation of TI Park continued into the 2000s. In 2014, the park faced another serious fire when the building at the community's four corners, containing The Guzzle, grocery store, volunteer fire department, a few small shops and offices, a plumbing company, and the post office, burned down. A smaller replacement building
4080-425: Is then voted upon by the qualified voters living in the proposed village only. Some villages have fewer than 500 residents, having incorporated before the present population requirement or fallen below the old 500-resident threshold after incorporation. A village may also be dissolved, returning all government control to the town level. The process of dissolution can be initiated by the village board itself, or upon
4216-406: Is water. The town of Webb ( Herkimer County ) has the greatest land area, at 451 sq mi (1,170 km ). The smallest town, Green Island ( Albany County ), covers 0.7 sq mi (1.8 km ). The town of Hempstead ( Nassau County ) has about 760,000 people (2010 census), making it more populous than any city in the state except New York City . Red House ( Cattaraugus County ),
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4352-539: The 1932 election , Hoover was defeated by Franklin D. Roosevelt , who from 1933 pursued a series of " New Deal " policies and programs to provide relief and create jobs, including the Civilian Conservation Corps , Federal Emergency Relief Administration , Tennessee Valley Authority , and Works Progress Administration . Historians disagree on the effects of the New Deal, with some claiming that
4488-552: The 2010 census . The community is a national historic district , listed on the National Register of Historic Places in 1982. The district is notable for its outstanding concentration of substantially-intact late 19th-century and early 20th-century resort architecture. The park also contains Vivekananda Cottage, a Hindu sacred site visited by the Swami Vivekananda and his followers. Thousand Island Park
4624-606: The Constitution of the United States and the Constitution of the State of New York . Articles VIII (titled "Local Finances") and IX (titled "Local Government", but commonly referred to as the "Home Rule" article) of the state constitution establish the rights and responsibilities of the municipal governments. The New York State Constitution provides for democratically elected legislative bodies for counties, cities, towns and villages. These legislative bodies are granted
4760-582: The New York Bank of United States – which produced panic and widespread runs on local banks, and the Federal Reserve sat idly by while banks collapsed. Friedman and Schwartz argued that, if the Fed had provided emergency lending to these key banks, or simply bought government bonds on the open market to provide liquidity and increase the quantity of money after the key banks fell, all the rest of
4896-638: The Ramakrishna-Vivekananda Center which holds classes and retreats there during the summer. The cottage has become a Hindu sacred site . A plaque dedication service was organized in 1995 by the Park to commemorate the centenary of the Swami Vivekananda’s arrival in Thousand Island Park. Hamlet (New York) See also: [REDACTED] [REDACTED] The administrative divisions of New York are
5032-836: The United States , the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. The Depression was preceded by a period of industrial growth and social development known as the " Roaring Twenties ". Much of the profit generated by the boom was invested in speculation , such as on the stock market , which resulted in growing wealth inequality . Banks were subject to minimal regulation under laissez-faire economic policies, resulting in loose lending and widespread debt. By 1929, declining spending had led to reductions in manufacturing output and rising unemployment . Share values continued to rise until
5168-439: The United States Census Bureau as "a statistical entity defined for each decennial census according to Census Bureau guidelines, comprising a densely settled concentration of population" that is not part of a city or a village "but is locally identified by a name." CDPs may cross town and county borders. CDPs are defined collaboratively by state and local officials and the Census Bureau. They are defined for each census, and it
5304-539: The coming to power of Hitler's Nazi regime in January 1933. The world financial crisis now began to overwhelm Britain; investors around the world started withdrawing their gold from London at the rate of £2.5 million per day. Credits of £25 million each from the Bank of France and the Federal Reserve Bank of New York and an issue of £15 million fiduciary note slowed, but did not reverse,
5440-669: The 1893 Parliament of the World's Religions . He performed lectures to visiting members of his Vedanta Society , which were later compiled into the book Inspired Talks , published in 1909. He also composed poems including " The Song of the Sannyasin " and " My Play is Done ." In 1947, followers of the Swami Vivekananda purchased the building and named it the Vivekananda Cottage; it is now owned and operated by
5576-447: The 1937 recession that interrupted it). The common view among most economists is that Roosevelt's New Deal policies either caused or accelerated the recovery, although his policies were never aggressive enough to bring the economy completely out of recession. Some economists have also called attention to the positive effects from expectations of reflation and rising nominal interest rates that Roosevelt's words and actions portended. It
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5712-813: The British crisis. The financial crisis now caused a major political crisis in Britain in August 1931. With deficits mounting, the bankers demanded a balanced budget; the divided cabinet of Prime Minister Ramsay MacDonald's Labour government agreed; it proposed to raise taxes, cut spending, and most controversially, to cut unemployment benefits 20%. The attack on welfare was unacceptable to the Labour movement. MacDonald wanted to resign, but King George V insisted he remain and form an all-party coalition " National Government ". The Conservative and Liberals parties signed on, along with
5848-471: The Depression. Businessmen ignored the mounting national debt and heavy new taxes, redoubling their efforts for greater output to take advantage of generous government contracts. During World War I many countries suspended their gold standard in varying ways. There was high inflation from WWI, and in the 1920s in the Weimar Republic , Austria , and throughout Europe. In the late 1920s there
5984-521: The Dow returning to 294 (pre-depression levels) in April 1930, before steadily declining for years, to a low of 41 in 1932. At the beginning, governments and businesses spent more in the first half of 1930 than in the corresponding period of the previous year. On the other hand, consumers, many of whom suffered severe losses in the stock market the previous year, cut expenditures by 10%. In addition, beginning in
6120-489: The Federal Reserve did not act to limit the decline of the money supply was the gold standard . At that time, the amount of credit the Federal Reserve could issue was limited by the Federal Reserve Act , which required 40% gold backing of Federal Reserve Notes issued. By the late 1920s, the Federal Reserve had almost hit the limit of allowable credit that could be backed by the gold in its possession. This credit
6256-442: The Great Depression is right, or the traditional Keynesian explanation that a fall in autonomous spending, particularly investment, is the primary explanation for the onset of the Great Depression. Today there is also significant academic support for the debt deflation theory and the expectations hypothesis that – building on the monetary explanation of Milton Friedman and Anna Schwartz – add non-monetary explanations. There
6392-642: The Great Depression. According to the U.S. Senate website, the Smoot–Hawley Tariff Act is among the most catastrophic acts in congressional history. Many economists have argued that the sharp decline in international trade after 1930 helped to worsen the depression, especially for countries significantly dependent on foreign trade. Most historians and economists blame the Act for worsening the depression by seriously reducing international trade and causing retaliatory tariffs in other countries. While foreign trade
6528-481: The New Deal prolonged the Great Depression, as they argue that National Industrial Recovery Act of 1933 and National Labor Relations Act of 1935 restricted competition and established price fixing. John Maynard Keynes did not think that the New Deal under Roosevelt single-handedly ended the Great Depression: "It is, it seems, politically impossible for a capitalistic democracy to organize expenditure on
6664-427: The Park's varied styles of architecture. By 1890, the Park was firmly established with nearly 600 cottages and 7,000 summer inhabitants. A more liberal policy relaxed restrictions on curfews and the prohibition of cards and alcohol bringing more of a resort character to the Park. The Pavilion was the main entry to this Methodist retreat at a time when all travel to Wellesley Island was by water. The new, larger Pavilion
6800-645: The Park’s hotels closed and many cottages were torn down; by 1950, there were only 12 businesses and 320 cottages on the Park, compared to 600 in the late 1800s. The park corporation was deeply in debt; in 1953, it became the Thousand Island Park Corporation. Families continued to enjoy the park during the summer and it became a mostly non-religious community in the 1960s and '70s. In 1975, the Centennial Celebration served as
6936-544: The U.K. economy, which experienced an economic downturn throughout most of the late 1920s, was less severely impacted by the shock of the depression than the U.S. By contrast, the German economy saw a similar decline in industrial output as that observed in the U.S. Some economic historians attribute the differences in the rates of recovery and relative severity of the economic decline to whether particular countries had been able to effectively devaluate their currencies or not. This
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#17327803571377072-542: The U.S. Census Bureau as minor civil divisions . Like New Jersey and southern New England , all of New York is incorporated; all residents who do not live in a city or on an Indian reservation live in a town. Towns provide or arrange for the primary functions of local government. While some provide most municipal services for all town residents and selected services for residents of villages, some provide little more than road maintenance. There were 933 towns in New York. As of 2000 , 45.8% of state residents were living in
7208-490: The U.S. unemployment rate down below 10%. World War II had a dramatic effect on many parts of the American economy. Government-financed capital spending accounted for only 5% of the annual U.S. investment in industrial capital in 1940; by 1943, the government accounted for 67% of U.S. capital investment. The massive war spending doubled economic growth rates, either masking the effects of the Depression or essentially ending
7344-622: The United States, agricultural organizations sponsored programs to teach housewives how to optimize their gardens and to raise poultry for meat and eggs. Rural women made feed sack dresses and other items for themselves and their families and homes from feed sacks. In American cities, African American women quiltmakers enlarged their activities, promoted collaboration, and trained neophytes. Quilts were created for practical use from various inexpensive materials and increased social interaction for women and promoted camaraderie and personal fulfillment. Oral history provides evidence for how housewives in
7480-543: The United States, remained on the gold standard into 1932 or 1933, while a few countries in the so-called "gold bloc", led by France and including Poland, Belgium and Switzerland, stayed on the standard until 1935–36. According to later analysis, the earliness with which a country left the gold standard reliably predicted its economic recovery. For example, The UK and Scandinavia, which left the gold standard in 1931, recovered much earlier than France and Belgium, which remained on gold much longer. Countries such as China, which had
7616-638: The Wall Street crash, after which the slide continued for three years, which was accompanied by a loss of confidence in the financial system. By 1933, the U.S. unemployment rate had risen to 25 percent, about one-third of farmers had lost their land, and about half of the country's 25,000 banks had gone out of business. Many people, unable to pay mortgages or rent, became homeless and relied on begging or charities to feed themselves. The U.S. federal government initially did little to help. President Herbert Hoover , like many of his fellow Republicans , believed in
7752-487: The architecture on the Park evolved, larger structures came into vogue. Much of the look of these Victorian cottages derives its characteristics from the varied styles of nineteenth-century architecture. In addition to the charming Gothic Tent style cottages, Gothic Revival , Eastlake , Stick , Shingle , and Queen Anne became popular architectural styles. After the fire of 1912, Bungalow/Craftsman styles, Neoclassical Revival style, and vernacular cottages were added to
7888-451: The area in the 1890s in an effort to consolidate. Other cities, villages, and towns were annexed to become the " City of Greater New York ", (an unofficial term, the new city retained the name of New York), a process basically completed in 1898. At the time of consolidation, Queens County was split. Its western towns joined the city, leaving three towns that were never part of the consolidation plan as part of Queens County but not part of
8024-495: The area of the proposed village must have at least 1,500 inhabitants and not be part of an existing city or village. Additionally, the proposed village can be no more than 5 square miles (13 km ) in area unless its boundaries are to be coterminous with a school, fire, improvement or other district, or the entire town. The process of incorporation begins with a petition by either 20% of residents or owners of 50% of assessed real property. If deemed legally sufficient, incorporation
8160-460: The banks would not have fallen after the large ones did, and the money supply would not have fallen as far and as fast as it did. With significantly less money to go around, businesses could not get new loans and could not even get their old loans renewed, forcing many to stop investing. This interpretation blames the Federal Reserve for inaction, especially the New York branch . One reason why
8296-465: The behavior of housewives. The common view among economic historians is that the Great Depression ended with the advent of World War II . Many economists believe that government spending on the war caused or at least accelerated recovery from the Great Depression, though some consider that it did not play a very large role in the recovery, though it did help in reducing unemployment. The rearmament policies leading up to World War II helped stimulate
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#17327803571378432-427: The cities of New York and Albany city charters, which were recognized by the first State Constitution in 1777. All other cities have been established by act of the state legislature and have been granted a charter. Cities have been granted the power to revise their charters or adopt new ones. There are no minimum population or area requirements in order to become a city. While there is no defined process for how and when
8568-541: The city of Sherrill , which for some purposes is treated as if it were a village of the town of Vernon . Some cities are completely surrounded by a town, typically of the same name. There are sixty-two cities in the state. As of 2000 , 54.1% of state residents were living in a city; 42.2% were living in New York City; 11.9% were living in one of the other 61 cities. In 1686, the English colonial governor granted
8704-462: The collapse in global trade, contributing to the depression. By 1933, the economic decline pushed world trade to one third of its level compared to four years earlier. While the precise causes for the occurrence of the Great depression are disputed and can be traced to both global and national phenomena, its immediate origins are most conveniently examined in the context of the U.S. economy, from which
8840-610: The consolidated city. Each borough individually elects a borough president and used to elect two at-large city council members, in addition to those elected based on each borough's population. The borough presidents once wielded considerable power as members of the New York City Board of Estimate , but the position is now largely ceremonial and advisory. Boroughs function as counties for certain purposes, but have no county government. The five New York City district attorneys , however, are still elected by county (for example,
8976-614: The county also publish maps that conflict both in the number of hamlets and their boundaries. Nevertheless, all land not within a village is administered by the town. Most of the rest of New York's hamlets, however, have less well-defined boundaries, and most towns have areas that are not considered to be a part of any hamlet. The New York State Department of Transportation (NYSDOT) puts hamlet names on rectangular green signs with white lettering at roadside locations of its choosing. The NYSDOT and local governments also provide community identification signs on some scenic byways to be placed at
9112-595: The county boundaries—each have a Borough Board made up of the Borough President, the borough's district council members, and the chairpersons of the borough's community boards. A mayor serves as the city's chief executive officer. The most populous and largest city in the state is New York City , with a population of over 8.5 million inhabitants and comprising just over 300 sq mi (777.00 km ) of land (468.87 sq mi (1,214.368 km ) total area, which includes water). The least populous city
9248-475: The crash was a mere symptom of more general economic trends of the time, which had already been underway in the late 1920s. A contrasting set of views, which rose to prominence in the later part of the 20th century, ascribes a more prominent role to failures of monetary policy . According to those authors, while general economic trends can explain the emergence of the downturn, they fail to account for its severity and longevity; they argue that these were caused by
9384-625: The crisis, the U.S. Congress passed the Smoot–Hawley Tariff Act on 17 June 1930. The Act was ostensibly aimed at protecting the American economy from foreign competition by imposing high tariffs on foreign imports. The consensus view among economists and economic historians (including Keynesians , Monetarists and Austrian economists ) is that the passage of the Smoot–Hawley Tariff had, in fact, achieved an opposite effect to what
9520-633: The decade. The Depression had devastating economic effects on both wealthy and poor countries: all experienced drops in personal income , prices ( deflation ), tax revenues, and profits. International trade fell by more than 50%, and unemployment in some countries rose as high as 33%. Cities around the world , especially those dependent on heavy industry , were heavily affected. Construction virtually halted in many countries, and farming communities and rural areas suffered as crop prices fell by up to 60%. Faced with plummeting demand and few job alternatives, areas dependent on primary sector industries suffered
9656-408: The depression. Not all governments enforced the same measures of protectionism. Some countries raised tariffs drastically and enforced severe restrictions on foreign exchange transactions, while other countries reduced "trade and exchange restrictions only marginally": The gold standard was the primary transmission mechanism of the Great Depression. Even countries that did not face bank failures and
9792-519: The district attorney for Brooklyn is called the Kings County District Attorney). Great Depression The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty; drastic reductions in liquidity , industrial production, and trade; and widespread bank and business failures around the world. The economic contagion began in 1929 in
9928-435: The domestic price level to decline ( deflation ). There is also consensus that protectionist policies, and primarily the passage of the Smoot–Hawley Tariff Act , helped to exacerbate, or even cause the Great Depression. Some economic studies have indicated that the rigidities of the gold standard not only spread the downturn worldwide, but also suspended gold convertibility (devaluing the currency in gold terms) that did
10064-402: The drop in demand. Monetarists believe that the Great Depression started as an ordinary recession, but the shrinking of the money supply greatly exacerbated the economic situation, causing a recession to descend into the Great Depression. Economists and economic historians are almost evenly split as to whether the traditional monetary explanation that monetary forces were the primary cause of
10200-427: The economies of Europe in 1937–1939. By 1937, unemployment in Britain had fallen to 1.5 million. The mobilization of manpower following the outbreak of war in 1939 ended unemployment. The American mobilization for World War II at the end of 1941 moved approximately ten million people out of the civilian labor force and into the war. This finally eliminated the last effects from the Great Depression and brought
10336-576: The end of the month. A large sell-off of stocks began in mid-October. Finally, on 24 October, Black Thursday , the American stock market crashed 11% at the opening bell. Actions to stabilize the market failed, and on 28 October, Black Monday, the market crashed another 12%. The panic peaked the next day on Black Tuesday, when the market saw another 11% drop. Thousands of investors were ruined, and billions of dollars had been lost; many stocks could not be sold at any price. The market recovered 12% on Wednesday but by then significant damage had been done. Though
10472-712: The executive branch. All town justices were originally part of a town's board. Today, justices belong to a separate judicial branch known as Town Court or Justice Court, part of New York's Justice Court system. A town may contain one or more villages. Many towns have no villages. Five towns are coterminous with their single village and share the same name: Green Island in Albany County ; East Rochester in Monroe County ; and Scarsdale , Harrison , and Mount Kisco in Westchester County . A sixth,
10608-500: The explanations of the Keynesians and monetarists. The consensus among demand-driven theories is that a large-scale loss of confidence led to a sudden reduction in consumption and investment spending. Once panic and deflation set in, many people believed they could avoid further losses by keeping clear of the markets. Holding money became profitable as prices dropped lower and a given amount of money bought ever more goods, exacerbating
10744-503: The few women in the labor force, layoffs were less common in the white-collar jobs and they were typically found in light manufacturing work. However, there was a widespread demand to limit families to one paid job, so that wives might lose employment if their husband was employed. Across Britain, there was a tendency for married women to join the labor force, competing for part-time jobs especially. In France, very slow population growth, especially in comparison to Germany continued to be
10880-505: The first week of June, 540 million in the second, and 150 million in two days, 19–20 June. Collapse was at hand. U.S. President Herbert Hoover called for a moratorium on payment of war reparations . This angered Paris, which depended on a steady flow of German payments, but it slowed the crisis down, and the moratorium was agreed to in July 1931. An International conference in London later in July produced no agreements but on 19 August
11016-752: The form of government selected by the residents and approved by the New York State Legislature. Each type of local government is granted specific home rule powers by the New York State Constitution. There are still occasional changes as a village becomes a city, or a village dissolves (stops existing), each of which requires legislative action. New York also has various corporate entities that provide local services and have their own administrative structures (governments), such as school and fire districts. These are not found in all counties. Almost every piece of land in
11152-541: The general provisions of the County Law. Although all counties have a certain latitude to govern themselves, "charter counties" are afforded greater home rule powers. The charter counties are Albany , Broome , Chautauqua , Chemung , Dutchess , Erie , Herkimer , Monroe , Nassau , Oneida , Onondaga , Orange , Putnam , Rensselaer , Rockland , Schenectady , Suffolk , Tompkins , Ulster , and Westchester . Sixteen counties are governed through an assembly with
11288-606: The government tried to reshape private household consumption under the Four-Year Plan of 1936 to achieve German economic self-sufficiency. The Nazi women's organizations, other propaganda agencies and the authorities all attempted to shape such consumption as economic self-sufficiency was needed to prepare for and to sustain the coming war. The organizations, propaganda agencies and authorities employed slogans that called up traditional values of thrift and healthy living. However, these efforts were only partly successful in changing
11424-519: The home, or took boarders, did laundry for trade or cash, and did sewing for neighbors in exchange for something they could offer. Extended families used mutual aid—extra food, spare rooms, repair-work, cash loans—to help cousins and in-laws. In Japan, official government policy was deflationary and the opposite of Keynesian spending. Consequently, the government launched a campaign across the country to induce households to reduce their consumption, focusing attention on spending by housewives. In Germany,
11560-527: The initial crisis spread to the rest of the world. In the aftermath of World War I , the Roaring Twenties brought considerable wealth to the United States and Western Europe. Initially, the year 1929 dawned with good economic prospects: despite a minor crash on 25 March 1929, the market seemed to gradually improve through September. Stock prices began to slump in September, and were volatile at
11696-563: The lack of an adequate response to the crises of liquidity that followed the initial economic shock of 1929 and the subsequent bank failures accompanied by a general collapse of the financial markets. After the Wall Street Crash of 1929 , when the Dow Jones Industrial Average dropped from 381 to 198 over the course of two months, optimism persisted for some time. The stock market rose in early 1930, with
11832-465: The least populous, has 38 permanent residents (2010 census). The use of "town" in a community's name is irrespective of municipal status. Elizabethtown , Germantown and Stephentown are towns. Cooperstown , home of the Baseball Hall of Fame , is a village, Jamestown and Middletown are cities, and Levittown is an unincorporated hamlet. A census-designated place (CDP) is defined by
11968-593: The limits. Based on the ZIP Code, the United States Postal Service (USPS) identifies the correct location for mail delivery. The New York State Gazetteer , published by the New York State Department of Health in 1995, includes a list of hamlets in the state. The criteria used for inclusion in the Gazetteer are not stated. The Adirondack Park Agency also uses the term "hamlet", though as
12104-516: The local fire department or elementary school. Businesses may also use the name of a hamlet as part of their name. The United States Census Bureau will, with consideration from the town, designate a census-designated place (CDP) that may use the name of one or more hamlets, though boundaries may differ from what is used by the ZIP code, local fire department, etc. Towns in New York may be further subdivided into wards, although as of 2017 , only fifteen of
12240-521: The market entered a period of recovery from 14 November until 17 April 1930, the general situation had been a prolonged slump. From 17 April 1930 until 8 July 1932, the market continued to lose 89% of its value. Despite the crash, the worst of the crisis did not reverberate around the world until after 1929. The crisis hit panic levels again in December 1930, with a bank run on the Bank of United States ,
12376-473: The mayor include enforcing laws and supervising employees. A village may also have a full-time village manager who performs these administrative duties instead of the mayor. In 2007, sixty-seven villages had such a manager. Some villages have their own village justice, while others utilize the justice of the town or towns in which they are located. While most villages are subject to a uniform statewide Village Law, twelve villages operate under charters issued by
12512-414: The mid-1930s, a severe drought ravaged the agricultural heartland of the U.S. Interest rates dropped to low levels by mid-1930, but expected deflation and the continuing reluctance of people to borrow meant that consumer spending and investment remained low. By May 1930, automobile sales declined to below the levels of 1928. Prices, in general, began to decline, although wages held steady in 1930. Then
12648-620: The mid-19th century; the New York City Council is currently elected from special districts, which are allowed to cross borough lines. New York City has a unique system of divisions, some of which possess governmental power, see Divisions unique to New York City . In New York, a town is a municipal corporation, and is the major division of each county (excluding the five boroughs that comprise New York City ), very similar to townships in other states such as Pennsylvania, Ohio, and Indiana. Towns in New York are classified by
12784-423: The monetary base and by not injecting liquidity into the banking system to prevent it from crumbling, the Federal Reserve passively watched the transformation of a normal recession into the Great Depression. Friedman and Schwartz argued that the downward turn in the economy, starting with the stock market crash, would merely have been an ordinary recession if the Federal Reserve had taken aggressive action. This view
12920-502: The most to make recovery possible. Every major currency left the gold standard during the Great Depression. The UK was the first to do so. Facing speculative attacks on the pound and depleting gold reserves , in September 1931 the Bank of England ceased exchanging pound notes for gold and the pound was floated on foreign exchange markets. Japan and the Scandinavian countries followed in 1931. Other countries, such as Italy and
13056-427: The most. The outbreak of World War II in 1939 ended the Depression, as it stimulated factory production, providing jobs for women as militaries absorbed large numbers of young, unemployed men. The precise causes for the Great Depression are disputed. One set of historians, for example, focuses on non-monetary economic causes. Among these, some regard the Wall Street crash itself as the main cause; others consider that
13192-582: The need to balance the national budget and was unwilling to implement expensive welfare spending . In 1930, Hoover signed the Smoot–Hawley Tariff Act , which taxed imports with the intention of encouraging buyers to purchase American products, which worsened the Depression because foreign governments retaliated with tariffs on American exports. In 1932, Hoover established the Reconstruction Finance Corporation , which offered loans to businesses and support to local governments. In
13328-452: The new Borough of Queens. (A small portion of the Town of Hempstead was itself annexed, also.) The next year (1899), the three eastern towns of Queens County separated to become Nassau County . The city today consists of the entire area of five counties (named New York, Kings, Queens, Bronx, and Richmond). While these counties have no county government, boroughs—with boundaries coterminous with
13464-416: The only body that can create governmental units is the state. All of them have their own governments, sometimes with no paid employees, that provide local services. Centers of population that are not incorporated and have no government or local services are designated hamlets . Whether a municipality is defined as a borough, city, town, or village is determined not by population or land area, but rather on
13600-583: The park but tourism in the region slowly declined. After the fire and through the Great Depression , barely half of the cottages were occupied and eventually, another 200 cottages were torn down. In 1933, the Thousand Island Park Association corporation was foreclosed due to financial troubles and the property was sold to the new Wellesley Island Park Inc. TI Park continued to decline in the following two decades. Most of
13736-483: The physical volume of exports fall, but also the prices fell by about 1 ⁄ 3 as written. Hardest hit were farm commodities such as wheat, cotton, tobacco, and lumber. Governments around the world took various steps into spending less money on foreign goods such as: "imposing tariffs, import quotas, and exchange controls". These restrictions triggered much tension among countries that had large amounts of bilateral trade, causing major export-import reductions during
13872-480: The policies prolonged the Depression instead of shortening it. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%; in the U.S., the Depression resulted in a 30% contraction in GDP. Recovery varied greatly around the world. Some economies, such as the U.S., Germany and Japan started to recover by the mid-1930s; others, like France, did not return to pre-shock growth rates until later in
14008-459: The political situation in Europe. In their book, A Monetary History of the United States , Milton Friedman and Anna J. Schwartz also attributed the recovery to monetary factors, and contended that it was much slowed by poor management of money by the Federal Reserve System . Chairman of the Federal Reserve (2006–2014) Ben Bernanke agreed that monetary factors played important roles both in
14144-432: The power and fiscal capacity to provide an array of local government services. Such services generally include law enforcement and public safety, social and health services (such as Medicaid ), and education (special needs and community colleges). Every county outside of New York City has a county seat , which is the location of county government. Nineteen counties operate under county charters, while 38 operate under
14280-480: The power of a board of supervisors , composed of the supervisors of its constituent towns and cities. In most of these counties, each supervisor's vote is weighted in accordance with the town's population in order to abide by the U.S. Supreme Court mandate of " one person, one vote ". Other counties have legislative districts of equal population, which may cross municipal borders; these counties may also have an elected County Executive. Most counties in New York do not use
14416-493: The power to enact local laws as needed in order to provide services to their citizens and fulfill their various obligations. The county is the primary administrative division of New York. There are sixty-two counties in the state. Five of the counties are boroughs of the City of New York and do not have functioning county governments. While originally created as subdivisions of the state meant to carry out state functions, counties are now considered municipal corporations with
14552-486: The preferred, prime lots closest to the Tabernacle. This grouping of tents was often called a tent city. The first diminutive cottages were tents constructed of wood on the original wooden tent platform. Individual owners also improvised, conceived and produced hybrids, combining styles and embellishing these small Tent Platform/Campground style structures, called the Landmark Shop, with fanciful gingerbread. As
14688-527: The purposes of municipal representation. Each ward elects one member to the city's legislative body, and the wards are redistricted roughly every ten years. These divisions can go by other names by city; in Buffalo they are known as districts . These divisions can either be numbered or named. New York City was divided into wards at various times in its history between 1683 and 1938, although they were gradually replaced by Assembly and Senate districts starting in
14824-749: The roadside boundaries of hamlets, as decided by the sign provider. Many towns have special zoning or planning districts and planning strategies for their hamlets, and many places welcome signs at the gateways to the hamlets. Some hamlets are former villages that have dissolved their incorporation ( Old Forge in Herkimer County ; Rosendale , in Ulster County ; and Andes in Delaware County , for example). Notwithstanding hamlets are not cities or towns, many of them are called out in formal addresses for those residents residing within
14960-450: The same legal powers as were once available only to suburban towns. Even so, towns of different classifications continue to have organizational differences and certain conditions that must be met before a town's classification changes. The town board serves as the legislative branch. The board is composed of one elected town supervisor (or chief executive officer in suburban towns) and a specific number of elected council persons; towns of
15096-434: The scale necessary to make the grand experiments which would prove my case—except in war conditions." According to Christina Romer , the money supply growth caused by huge international gold inflows was a crucial source of the recovery of the United States economy, and that the economy showed little sign of self-correction. The gold inflows were partly due to devaluation of the U.S. dollar and partly due to deterioration of
15232-575: The second class generally have two but may have four council persons, whereas towns of the first class generally have four but can have two or six. The supervisor presides over the board, voting on all matters but not possessing veto or tie-breaking power. Certain towns operate under a town manager form of government, creating an executive branch in the town government, as permitted by legislation enacted in 1976. As such, some supervisors have additional authority or executive powers, whereas some towns have town managers or chief executive officers who serve as
15368-456: The state has more than 3,400 active local governments and more than 4,200 taxing jurisdictions. Counties and incorporated municipal governments (also known as "general purpose units of local government"; i.e., cities, towns and villages) in the State of New York have been granted broad home rule powers enabling them to provide services to their residents and to regulate the quality of life within their jurisdictions. They do so while adhering to
15504-404: The state is part of a city or town, which is part of one county. The exceptions are the city of Geneva ; New York City ; and ten Indian reservations . As of 2009 , New York has 62 counties (including New York City's five boroughs ), which are subdivided into 933 towns and 61 cities (including Geneva in both Ontario and Seneca counties, but excluding New York City and Sherrill ). In total,
15640-641: The state legislature prior to 1874. Before a revision to the State Constitution in that year, villages were formed by the state legislature through granting of charters. Many villages reincorporated, dumping their charters in favor of the Village Law. The villages that retain their charters are Alexander , Carthage , Catskill , Cooperstown , Deposit , Fredonia , Ilion , Mohawk , Ossining , Owego , Port Chester , and Waterford . These villages must still comply with those aspects of Village Law that are not inconsistent with their charters. To be incorporated,
15776-580: The state use the term hamlet to refer to a community within a town that is not incorporated as a village but is identified by a name, i.e. an unincorporated community . A hamlet often has a name corresponding to the name of a local school district , post office , or fire district. Because a hamlet has no government of its own, it depends upon the town or towns that contain it for municipal services and government. Because they do not have governments, hamlets have no clear boundaries . Suffolk County publishes maps that give hamlet boundaries, but towns within
15912-423: The state's 932 towns used this system. In towns operating under the ward system, citizens vote for councilmen who represent a specific area (ward) of the town, as opposed to the at-large councilmen elected in the majority of the state's towns. Towns vary in size and population. The largest town by area is Brookhaven ( Suffolk County ), which covers 531.5 sq mi (1,377 km ), but more than half of that
16048-478: The state. Each of the five boroughs of the city is coextensive with a county of the state of New York. Under New York State's General Municipal Law , a borough results when the towns, villages and cities in a county merge with the county itself. This occurred in 1898 when New York City merged with surrounding counties, cities and towns to form its present configuration. The five boroughs are: The boroughs were originally intended to retain some local governance in
16184-508: The submission of a proper petition to the board. The village board must produce a "dissolution plan" that settles specific matters, such as the village's debts, its employees and property, and the financial impact dissolution would have on village and non-village town residents. This plan is voted upon by village voters only. About 15% of villages cross other municipal boundaries. More than 70 villages are located in two or more towns. Seven villages are in two counties. The village of Saranac Lake
16320-405: The term "Board of Supervisors." 34 counties have a County Legislature, six counties have a Board of Legislators, and one county has a Board of Representatives. The five counties, or boroughs, of New York City are governed by a 51-member City Council. In non-charter counties, the legislative body exercises executive power as well. Although the legislature can delegate certain functions and duties to
16456-503: The town of Palm Tree in Orange County was incorporated in 2019 and is coterminous with the village of Kiryas Joel , having acquired land from the town of Monroe . When such an entity is formed, officials from either unit of government may serve in both village and town governments simultaneously. A referendum is held to decide whether residents prefer a village-style or town-style government, which will then function primarily as
16592-419: The town or towns in which they are located. Village residents pay both town and village taxes, and vote in town and village elections. Those services not provided by the village are provided by the town or towns containing the village. As of the 2000 census, 9.9% of the state's population was living in one of the 556 villages in New York. The legislature of a village is the board of trustees, composed of
16728-580: The various units of government that provide local services in the American state of New York . The state is divided into boroughs , counties, cities, towns, and villages. (The only boroughs, the five boroughs of New York City, have the same boundaries as their respective counties.) They are municipal corporations , chartered (created) by the New York State Legislature , as under the New York State Constitution
16864-476: The world, recovery from the Great Depression began in 1933. In the U.S., recovery began in early 1933, but the U.S. did not return to 1929 GNP for over a decade and still had an unemployment rate of about 15% in 1940, albeit down from the high of 25% in 1933. There is no consensus among economists regarding the motive force for the U.S. economic expansion that continued through most of the Roosevelt years (and
17000-673: The world. The financial crisis escalated out of control in mid-1931, starting with the collapse of the Credit Anstalt in Vienna in May. This put heavy pressure on Germany, which was already in political turmoil. With the rise in violence of National Socialist ('Nazi') and Communist movements, as well as investor nervousness at harsh government financial policies, investors withdrew their short-term money from Germany as confidence spiraled downward. The Reichsbank lost 150 million marks in
17136-778: The worldwide economic decline and eventual recovery. Bernanke also saw a strong role for institutional factors, particularly the rebuilding and restructuring of the financial system, and pointed out that the Depression should be examined in an international perspective. Women's primary role was as housewives; without a steady flow of family income, their work became much harder in dealing with food and clothing and medical care. Birthrates fell everywhere, as children were postponed until families could financially support them. The average birthrate for 14 major countries fell 12% from 19.3 births per thousand population in 1930, to 17.0 in 1935. In Canada, half of Roman Catholic women defied Church teachings and used contraception to postpone births. Among
17272-419: Was 96. In 1875, Thousand Island Park was founded by Rev. J.F. Dayan, as a Methodist summer, Chautauqua -like community. The main purpose was to enable families to secure pleasant lots for cottages or tents where they could spend a portion of the summer in a beautiful, cool, and salubrious place with religious purposes being secondary. The Park's landmarks, homes, and way of life were nearly destroyed by fire. It
17408-658: Was a scramble to deflate prices to get the gold standard's conversation rates back on track to pre-WWI levels, by causing deflation and high unemployment through monetary policy. In 1933 FDR signed Executive Order 6102 and in 1934 signed the Gold Reserve Act . The two classic competing economic theories of the Great Depression are the Keynesian (demand-driven) and the Monetarist explanation. There are also various heterodox theories that downplay or reject
17544-478: Was a small part of overall economic activity in the U.S. and was concentrated in a few businesses like farming, it was a much larger factor in many other countries. The average ad valorem (value based) rate of duties on dutiable imports for 1921–1925 was 25.9% but under the new tariff it jumped to 50% during 1931–1935. In dollar terms, American exports declined over the next four years from about $ 5.2 billion in 1929 to $ 1.7 billion in 1933; so, not only did
17680-540: Was able to accommodate the landing of steamships and served as the gateway to the Park with hundreds of visitors seeking intellectual pursuits and entertainment by participating in the Chautauqua programs. The destruction by fire in 1912 of the Park's last great hotel, The Columbian and 99 cottages plus the business district, signaled the end of the Golden Era. Following the fire, families continued to summer in
17816-474: Was endorsed in 2002 by Federal Reserve Governor Ben Bernanke in a speech honoring Friedman and Schwartz with this statement: Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression, you're right. We did it. We're very sorry. But thanks to you, we won't do it again. The Federal Reserve allowed some large public bank failures – particularly that of
17952-426: Was given by American economists Milton Friedman and Anna J. Schwartz . They argued that the Great Depression was caused by the banking crisis that caused one-third of all banks to vanish, a reduction of bank shareholder wealth and more importantly monetary contraction of 35%, which they called "The Great Contraction ". This caused a price drop of 33% ( deflation ). By not lowering interest rates, by not increasing
18088-500: Was in the form of Federal Reserve demand notes. A "promise of gold" is not as good as "gold in the hand", particularly when they only had enough gold to cover 40% of the Federal Reserve Notes outstanding. During the bank panics, a portion of those demand notes was redeemed for Federal Reserve gold. Since the Federal Reserve had hit its limit on allowable credit, any reduction in gold in its vaults had to be accompanied by
18224-446: Was intended. It exacerbated the Great Depression by preventing economic recovery after domestic production recovered, hampering the volume of trade; still there is disagreement as to the precise extent of the Act's influence. In the popular view, the Smoot–Hawley Tariff was one of the leading causes of the depression. In a 1995 survey of American economic historians, two-thirds agreed that the Smoot–Hawley Tariff Act at least worsened
18360-483: Was rebuilt on that corner and opened in 2017. In 1895, the Swami Vivekananda spent seven weeks in Thousand Island Park. The swami is an Indian saint best known for his contributions to the interfaith movement and introduction of vedanta and yoga in the Western world. Residing with an American follower in her cottage, the stay served as a respite following the swami's two-year American tour following his address at
18496-470: Was the rollback of those same reflationary policies that led to the interruption of a recession beginning in late 1937. One contributing policy that reversed reflation was the Banking Act of 1935 , which effectively raised reserve requirements, causing a monetary contraction that helped to thwart the recovery. GDP returned to its upward trend in 1938. A revisionist view among some economists holds that
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