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105-656: The act was signed by Franklin D. Roosevelt on September 2, 1937, and became effective on July 1 of the following year. It has been amended many times, with several of the major amendments taking place during the 1970s and the most recent in 2000. Prior to the creation of the Pittman–Robertson Act, many species of wildlife were driven to or near extinction by commercial/market hunting pressure and/or habitat degradation from humans. The act created an excise tax that provides funds to each state to manage such animals and their habitats. Notable species that have come back from

210-546: A U.S. Fish and Wildlife Service web page that was updated in January 2010, over two billion dollars of federal aid has been generated through the program, which in turn means that states have maintained their 25% contributions with over 500 million dollars. The habitat acquisition and improvement made possible by this money has allowed some species with large ranges, such as American black bears , elk , and cougars , to expand their ranges beyond their normal boundaries prior to

315-829: A prohibitionist with a famous name. Roosevelt, then 38, resigned as Assistant Secretary after the Democratic convention and campaigned across the nation for the party ticket. During the campaign, Cox and Roosevelt defended the Wilson administration and the League of Nations , both of which were unpopular in 1920. Roosevelt personally supported U.S. membership in the League, but, unlike Wilson, he favored compromising with Senator Henry Cabot Lodge and other "Reservationists". Republicans Warren G. Harding and Calvin Coolidge defeated

420-402: A Republican, but Roosevelt decided to seek the 1920 vice presidential nomination. After Governor James M. Cox of Ohio won the party's presidential nomination at the 1920 Democratic National Convention , he chose Roosevelt as his running mate, and the convention nominated him by acclamation . Although his nomination surprised most people, he balanced the ticket as a moderate, a Wilsonian, and

525-459: A campaign team led by Howe and Farley, and a " brain trust " of policy advisers, primarily composed of Columbia University and Harvard University professors. Some were not so sanguine about his chances, such as Walter Lippmann , the dean of political commentators, who observed: "He is a pleasant man who, without any important qualifications for the office, would very much like to be president." However, Roosevelt's efforts as governor to address

630-471: A car. Due to his aggressive campaign, his name gained recognition in the Hudson Valley, and in the Democratic landslide in the 1910 United States elections , Roosevelt won a surprising victory. Despite short legislative sessions, Roosevelt treated his new position as a full-time career. Taking his seat on January 1, 1911, Roosevelt soon became the leader of a group of "Insurgents" in opposition to

735-411: A close. Return on investment Return on investment ( ROI ) or return on costs ( ROC ) is the ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment's gains compare favourably to its cost. As a performance measure, ROI is used to evaluate the efficiency of an investment or to compare

840-471: A court of appeals, as a depository of information, and as a tool of co-ordination; by ignoring or bypassing collective decision-making agencies, such as the Cabinet...and always by persuading, flattering, juggling, improvising, reshuffling, harmonizing, conciliating, manipulating. When Roosevelt was inaugurated on March 4, 1933, the U.S. was at the nadir of the worst depression in its history . A quarter of

945-563: A day to conservation by purchasing taxable items and hunting licenses. One study showed an extremely high return on investment for firearm manufacturers: 823% to 1588% depending on the year. The Pittman–Robertson Act was so successful that in the 1950s, a similar act was written for the protection of fish species. This act was titled the Federal Aid in Sports Fish Restoration Act. As with its wildlife counterpart,

1050-524: A descending pattern of recovery. Roosevelt was left permanently paralyzed from the waist down and was diagnosed with polio . A 2003 study strongly favored a diagnosis of Guillain–Barré syndrome , but historians have continued to describe his paralysis according to the initial diagnosis. Though his mother favored his retirement from public life, Roosevelt, his wife, and Roosevelt's close friend and adviser, Louis Howe, were all determined that he continue his political career. He convinced many people that he

1155-420: A distant second place. Roosevelt then promised the vice-presidential nomination to Garner, who controlled the votes of Texas and California; Garner threw his support behind Roosevelt after the third ballot, and Roosevelt clinched the nomination on the fourth ballot. Roosevelt flew in from New York to Chicago after learning that he had won the nomination, becoming the first major-party presidential nominee to accept

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1260-645: A formula that takes into account both the area of the state and its number of licensed hunters. States must fulfill certain requirements to use the money apportioned to them. None of the money from their hunting license sales may be used by anyone other than the states' own fish and game departments. Plans for what to do with the money must be submitted to and approved by the Secretary of the Interior. Acceptable options include research, surveys, management of wildlife and/or habitat, and acquisition or lease of land. Once

1365-662: A four-day national "bank holiday", to end the run by depositors seeking to withdraw funds. He called for a special session of Congress on March 9, when Congress passed, almost sight unseen, the Emergency Banking Act . The act, first developed by the Hoover administration and Wall Street bankers, gave the president the power to determine the opening and closing of banks and authorized the Federal Reserve Banks to issue banknotes. The " first 100 Days " of

1470-707: A fourth year, taking graduate courses. Like his cousin Theodore, he was a member of The Explorers Club . Roosevelt entered Columbia Law School in 1904, but dropped out in 1907 after passing the New York bar examination . In 1908, he took a job with the prestigious law firm of Carter Ledyard & Milburn , working in the firm's admiralty law division. During his second year of college, Roosevelt met and proposed to Boston heiress Alice Sohier, who turned him down. Franklin then began courting his childhood acquaintance and fifth cousin once removed, Eleanor Roosevelt ,

1575-501: A great deal and incorporated some of his 1924 ideas into the design for the United Nations in 1944–1945. Smith, the Democratic presidential nominee in the 1928 presidential election , asked Roosevelt to run for governor of New York in the 1928 state election . Roosevelt initially resisted, as he was reluctant to leave Warm Springs and feared a Republican landslide. Party leaders eventually convinced him only he could defeat

1680-577: A house built for herself alongside that townhouse. Eleanor never felt at home in the houses at Hyde Park or New York; however, she loved the family's vacation home on Campobello Island , which was also a gift from Sara. Burns indicates that young Franklin Roosevelt was self-assured and at ease in the upper class. On the other hand, Eleanor was shy and disliked social life. Initially, Eleanor stayed home to raise their children. As his father had done, Franklin left childcare to his wife, and Eleanor delegated

1785-480: A niece of Theodore Roosevelt. In 1903, Franklin proposed to Eleanor. Despite resistance from his mother, Franklin and Eleanor Roosevelt were married on March 17, 1905. Eleanor's father, Elliott , was deceased; Theodore, who was then president, gave away the bride. The young couple moved into Springwood . Franklin's mother, Sara Roosevelt, also provided a townhouse for the newlyweds in New York City, and had

1890-509: A plan has been approved, the state must pay the full cost and is later reimbursed for up to 75% of that cost through the funds generated by the Pittman–Robertson Act. The 25% of the cost that the state must pay generally comes from its hunting license sales. If, for whatever reason, any of the federal money does not get spent, after two years that money is then reallocated to the Migratory Bird Conservation Act . In

1995-447: A political figure. Roosevelt and Smith came from different backgrounds and never fully trusted one another, but Roosevelt supported Smith's progressive policies, while Smith was happy to have Roosevelt's backing. Roosevelt gave presidential nominating speeches for Smith at the 1924 and 1928 Democratic National Conventions; the speech at the 1924 convention marked a return to public life following his illness and convalescence. That year,

2100-429: A portfolio. The investment with the largest ROI is usually prioritized, even though the spread of ROI over the time period of an investment should also be taken into account. Recently, the concept has also been applied to scientific funding agencies’ (e.g., National Science Foundation ) investments in research of open source hardware and subsequent returns for direct digital replication. ROI and related metrics provide

2205-455: A seat in the state senate. The senate district, located in Dutchess , Columbia , and Putnam , was strongly Republican. Roosevelt feared that opposition from Theodore could end his campaign, but Theodore encouraged his candidacy despite their party differences. Acting as his own campaign manager, Roosevelt traveled throughout the senate district via automobile at a time when few could afford

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2310-535: A separate home in Hyde Park at Val-Kill and devoted herself to social and political causes independent of her husband. The emotional break in their marriage was so severe that when Franklin asked Eleanor in 1942—in light of his failing health—to come live with him again, she refused. Roosevelt was not always aware of Eleanor's visits to the White House. For some time, Eleanor could not easily reach Roosevelt on

2415-581: A snapshot of profitability , adjusted for the size of the investment assets tied up in the enterprise. ROI is often compared to expected (or required) rates of return on money invested. ROI is not time-adjusted (unlike e.g. net present value ): most textbooks describe it with a "Year 0" investment and two to three years' income. Marketing decisions have an obvious potential connection to the numerator of ROI (profits), but these same decisions often influence assets’ usage and capital requirements (for example, receivables and inventories). Marketers should understand

2520-628: A specified amount apportioned to it from the Federal Aid to Wildlife Restoration fund for such costs; (3) limit the federal share of such costs under such Act to 90%; and (4) require amounts provided for such costs under such Act to remain available for expenditure and obligation for five fiscal years. The bill passed the House of Representatives on February 5, 2014. Franklin D. Roosevelt Franklin Delano Roosevelt (January 30, 1882 – April 12, 1945), also known as FDR ,

2625-833: A staff of physical therapists and using most of his inheritance to purchase the Merriweather Inn. In 1938, he founded the National Foundation for Infantile Paralysis , leading to the development of polio vaccines. Roosevelt remained active in New York politics while also establishing contacts in the South, particularly in Georgia, in the 1920s. He issued an open letter endorsing Al Smith 's successful campaign in New York's 1922 gubernatorial election, which both aided Smith and showed Roosevelt's continuing relevance as

2730-474: A strange wish for you. It is that you may never be President of the United States." Franklin's mother, the dominant influence in his early years, once declared, "My son Franklin is a Delano, not a Roosevelt at all." James, who was 54 when Franklin was born, was considered by some as a remote father, though biographer James MacGregor Burns indicates James interacted with his son more than was typical at

2835-590: A strong influence throughout Roosevelt's life, officiating at his wedding and visiting him as president. Like most of his Groton classmates, Roosevelt went to Harvard College . He was a member of the Alpha Delta Phi fraternity and the Fly Club , and served as a school cheerleader. Roosevelt was relatively undistinguished as a student or athlete, but he became editor-in-chief of The Harvard Crimson daily newspaper, which required ambition, energy, and

2940-553: A tour of the battlefield at Verdun . In September, on the ship voyage back to the United States, he contracted pandemic influenza with complicating pneumonia, which left him unable to work for a month. After Germany signed an armistice in November 1918, Daniels and Roosevelt supervised the demobilization of the Navy. Against the advice of older officers such as Admiral William Benson —who claimed he could not "conceive of any use

3045-709: A valuable political player. After the election, Roosevelt returned to New York City, where he practiced law and served as a vice president of the Fidelity and Deposit Company . Roosevelt sought to build support for a political comeback in the 1922 elections , but his career was derailed by an illness. It began while the Roosevelts were vacationing at Campobello Island in August 1921. His main symptoms were fever; symmetric, ascending paralysis; facial paralysis; bowel and bladder dysfunction; numbness and hyperesthesia ; and

3150-425: A variable escalating rate charged annually through the duration of the loan. Marketing not only influences net profits but also can affect investment levels too. New plants and equipment, inventories, and accounts receivable are three of the main categories of investments that can be affected by marketing decisions. RoA, RoNA, RoC, and RoIC, in particular, are similar measures with variations on how ' investment '

3255-481: A year you received US$ 4 of dividends and sold the share 1 year after you bought it for US$ 200 paying a US$ 5 selling commission. Your ROI is the following: ROI = (200 + 4 - 100 - 5 - 5) / (100 + 5 + 5) x 100% = 85.45% As the duration of this investment is 1 year, this ROI is annual. For a single-period review, divide the return (net profit) by the resources that were committed (investment): or or or Complications in calculating ROI can arise when real property

Pittman–Robertson Federal Aid in Wildlife Restoration Act - Misplaced Pages Continue

3360-414: Is a principles-based method for measuring extra-financial value (i.e., environmental and social value not currently reflected in conventional financial accounts) relative to resources invested. It can be used by any entity to evaluate the impact on stakeholders , identify ways to improve performance and enhance the performance of investments. As a decision tool, it is simple to understand. The simplicity of

3465-490: Is a real possibility that a romantic relationship existed" between his father and Crown Princess Märtha of Norway , who resided in the White House during part of World War II. Aides referred to her at the time as "the president's girlfriend", and gossip linking the two romantically appeared in newspapers. Roosevelt cared little for the practice of law and told friends he planned to enter politics. Despite his admiration for cousin Theodore, Franklin shared his father's bond with

3570-672: Is defined. ROI is a popular metric for heads of marketing because of marketing budget allocation. Return on Investment helps identify marketing mix activities that should continue to be funded and which should be cut. To address the lack of integration of the short and long term importance, value and risks associated with natural and social capital into the traditional ROI calculation, companies are valuing their environmental, social and governance (ESG) performance through an integrated management approach to reporting that expands ROI to Return on Integration. This allows companies to value their investments not just for their financial return but also

3675-564: Is refinanced, or a second mortgage is taken out. Interest on a second, or refinanced, loan may increase, and loan fees may be charged, both of which can reduce the ROI, when the new numbers are used in the ROI equation. There may also be an increase in maintenance costs and property taxes, and an increase in utility rates if the owner of a residential rental or commercial property pays these expenses. Complex calculations may also be required for property bought with an adjustable rate mortgage (ARM) with

3780-470: The 73rd United States Congress saw an unprecedented amount of legislation and set a benchmark against which future presidents have been compared. When the banks reopened on Monday, March 15, stock prices rose by 15 percent and in the following weeks over $ 1 billion was returned to bank vaults, ending the bank panic. On March 22, Roosevelt signed the Cullen–Harrison Act , which brought Prohibition to

3885-532: The Aspinwalls and the Delanos , respectively—and resided at Springwood , a large estate south of Hyde Park's historic center. Roosevelt's father, James, graduated from Harvard Law School but chose not to practice law after receiving an inheritance from his grandfather . James, a prominent Bourbon Democrat , once took Franklin to meet President Grover Cleveland , who said to him: "My little man, I am making

3990-531: The Bonus Army further damaged the incumbent's popularity, as newspapers across the country criticized the use of force to disperse assembled veterans. Roosevelt won 57% of the popular vote and carried all but six states. Historians and political scientists consider the 1932–36 elections to be a political realignment . Roosevelt's victory was enabled by the creation of the New Deal coalition , small farmers,

4095-630: The Democratic Party , and in preparation for the 1910 elections , the party recruited Roosevelt to run for a seat in the New York State Assembly . Roosevelt was a compelling recruit: he had the personality and energy for campaigning and the money to pay for his own campaign. But Roosevelt's campaign for the state assembly ended after the Democratic incumbent, Lewis Stuyvesant Chanler , chose to seek re-election. Rather than putting his political hopes on hold, Roosevelt ran for

4200-724: The Federal Deposit Insurance Corporation , and Social Security . In 1940 , he ran successfully for reelection , before the official implementation of term limits . Following the Japanese attack on Pearl Harbor on December 7, 1941, Roosevelt obtained a declaration of war on Japan. After Germany and Italy declared war on the U.S. on December 11, 1941, the United States Congress approved additional declarations of war in return. He worked closely with other national leaders in leading

4305-493: The Navy , was well-read on the subject, and was an ardent supporter of a large, efficient force. With Wilson's support, Daniels and Roosevelt instituted a merit-based promotion system and extended civilian control over the autonomous departments of the Navy. Roosevelt oversaw the Navy's civilian employees and earned the respect of union leaders for his fairness in resolving disputes. No strikes occurred during his seven-plus years in

Pittman–Robertson Federal Aid in Wildlife Restoration Act - Misplaced Pages Continue

4410-663: The Sportsmen’s Heritage And Recreational Enhancement Act of 2013 (H.R. 3590; 113th Congress) . Title II of that bill, the Target Practice and Marksmanship Training Support Act, would amend the Pittman–Robertson Wildlife Restoration Act to: (1) authorize a state to pay up to 90% of the costs of acquiring land for, expanding, or constructing a public target range ; (2) authorize a state to elect to allocate 10% of

4515-487: The Tammany Hall machine that dominated the state Democratic Party. In the 1911 U.S. Senate election , which was determined in a joint session of the New York state legislature, Roosevelt and nineteen other Democrats caused a prolonged deadlock by opposing a series of Tammany-backed candidates. Tammany threw its backing behind James A. O'Gorman , a highly regarded judge whom Roosevelt found acceptable, and O'Gorman won

4620-535: The United States Navy Reserve and the Council of National Defense . In April 1917, after Germany declared it would engage in unrestricted submarine warfare and attacked several U.S. ships, Congress approved Wilson's call for a declaration of war on Germany . Roosevelt requested that he be allowed to serve as a naval officer, but Wilson insisted that he continue as Assistant Secretary. For

4725-523: The ecotourism sector of the economy by creating jobs in areas where people tend to visit for hunting or aesthetic reasons. One source shows hunters spending around $ 10 billion a year on everything they need for their hunting trips. A different source found that hunters spend between $ 2.8 and $ 5.2 billion a year on taxable merchandise. This generates between $ 177 and $ 324 million a year in P–R money. Another source estimated that hunters contribute about $ 3.5 million

4830-503: The environmental, social, and governance performance of an organization. Without a metric for measuring the short- and long-term environmental, social and governance performance of a firm, decision makers are planning for the future without considering the extent of the impacts associated with their decisions. One or more separate measures, aligned with relevant compliance functions, are frequently provided for this purpose. Return on investment can be calculated in different ways depending on

4935-430: The $ 100,000 American Peace Award for the best plan to deliver world peace. Roosevelt had leisure time and interest, and he drafted a plan for the contest. He never submitted it because Eleanor was selected as a judge for the prize. His plan called for a new world organization that would replace the League of Nations. Although Roosevelt had been the vice-presidential candidate on the Democratic ticket of 1920 that supported

5040-481: The 1970s, amendments to the act created a 10% tax on handguns and their ammunition and accessories as well as an 11% tax on archery equipment. It was also mandated that half of the money from each of the new taxes be used to educate and train hunters by the creation and maintenance of hunter safety classes and shooting/target ranges. This piece of legislation has provided states with funding for research and projects that would otherwise have been unaffordable. According to

5145-729: The Allies against the Axis powers . Roosevelt supervised the mobilization of the American economy to support the war effort and implemented a Europe first strategy. He also initiated the development of the first atomic bomb and worked with the other Allied leaders to lay the groundwork for the United Nations and other post-war institutions, even coining the term "United Nations". Roosevelt won reelection in 1944 but died in 1945 after his physical health seriously and steadily declined during

5250-482: The Cox–Roosevelt ticket in the presidential election by a wide margin, carrying every state outside of the South. Roosevelt accepted the loss and later reflected that the relationships and goodwill that he built in the 1920 campaign proved to be a major asset in his 1932 campaign. The 1920 election also saw the first public participation of Eleanor Roosevelt who, with the support of Louis Howe , established herself as

5355-459: The Democrats were badly divided between an urban wing, led by Smith, and a conservative, rural wing, led by William Gibbs McAdoo . On the 101st ballot, the nomination went to John W. Davis , a compromise candidate who suffered a landslide defeat in the 1924 presidential election . Like many, Roosevelt did not abstain from alcohol during Prohibition, but publicly he sought to find a compromise on

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5460-469: The Great Depression. Reflecting changing public opinion, the Democratic platform included a call for the repeal of Prohibition; Roosevelt himself had not taken a public stand on the issue prior to the convention but promised to uphold the party platform. Otherwise, Roosevelt's primary campaign strategy was one of caution, intent upon avoiding mistakes that would distract from Hoover's failings on

5565-509: The House John Nance Garner of Texas and Al Smith, the 1928 Democratic presidential nominee. Roosevelt entered the convention with a delegate lead due to his success in the 1932 Democratic primaries , but most delegates entered the convention unbound to any particular candidate. On the first presidential ballot, Roosevelt received the votes of more than half but less than two-thirds of the delegates, with Smith finishing in

5670-610: The Interior and Secretary of Agriculture, respectively. In February 1933, Roosevelt escaped an assassination attempt by Giuseppe Zangara , who expressed a "hate for all rulers". As he was attempting to shoot Roosevelt, Zangara was struck by a woman with her purse; he instead mortally wounded Chicago Mayor Anton Cermak , who was sitting alongside Roosevelt. As president, Roosevelt appointed powerful men to top positions in government. However, he made all of his administration's major decisions himself, regardless of any delays, inefficiencies, or resentments doing so may have caused. Analyzing

5775-524: The League, by 1924 he was ready to scrap it. His draft of a "Society of Nations" accepted the reservations proposed by Henry Cabot Lodge in the 1919 Senate debate. The new Society would not become involved in the Western Hemisphere, where the Monroe doctrine held sway. It would not have any control over military forces. Although Roosevelt's plan was never made public, he thought about the problem

5880-739: The Navy Department as World War I broke out in Europe in August 1914. Though he remained publicly supportive of Wilson, Roosevelt sympathized with the Preparedness Movement , whose leaders strongly favored the Allied Powers and called for a military build-up. The Wilson administration initiated an expansion of the Navy after the sinking of the RMS Lusitania by a German submarine , and Roosevelt helped establish

5985-473: The Republican Party to launch a third-party campaign against Wilson and sitting Republican president William Howard Taft . Franklin's decision to back Wilson over his cousin in the general election alienated some of his family, except Theodore. Roosevelt overcame a bout of typhoid fever that year and, with help from journalist Louis McHenry Howe , he was re-elected in the 1912 elections . After

6090-458: The Republican gubernatorial nominee, New York Attorney General Albert Ottinger . He won the party's gubernatorial nomination by acclamation and again turned to Howe to lead his campaign. Roosevelt was joined on the campaign trail by associates Samuel Rosenman , Frances Perkins , and James Farley . While Smith lost the presidency in a landslide, and was defeated in his home state, Roosevelt

6195-878: The Southern whites, Catholics, big-city political machines, labor unions, northern black Americans (southern ones were still disfranchised), Jews, intellectuals, and political liberals. The creation of the New Deal coalition transformed American politics and started what political scientists call the "New Deal Party System" or the Fifth Party System . Between the Civil War and 1929, Democrats had rarely controlled both houses of Congress and had won just four of seventeen presidential elections; from 1932 to 1979, Democrats won eight of twelve presidential elections and generally controlled both houses of Congress. Roosevelt

6300-499: The Wildlife and Sports Fish Restoration Programs Improvement Act. The act passed the House 423–2 and became law on November 1, 2000, and defines in what manner the money can be spent. In particular, it earmarked funds to be spent on hunter education programmes, the construction of shooting ranges and sport fish restoration projects. On November 21, 2013, U.S. Representative Robert E. Latta (R, OH-5) introduced an omnibus bill called

6405-554: The ability to manage others. He later said, "I took economics courses in college for four years, and everything I was taught was wrong." Roosevelt's father died in 1900, distressing him greatly. The following year, Roosevelt's fifth cousin Theodore Roosevelt became U.S. president. Theodore's vigorous leadership style and reforming zeal made him Franklin's role model and hero. He graduated from Harvard in three years in 1903 with an A.B. in history. He remained there for

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6510-507: The brink since the implementation of this act include white-tailed deer , wild turkeys , and wood ducks . The Pittman–Robertson Act took over a preexisting 11% excise tax on firearms and ammunition. Instead of going into the U.S. Treasury as it had done in the past, the money generated by the tax is instead given to the Secretary of the Interior to distribute to the states. The Secretary determines how much to give to each state based on

6615-413: The economy. His statements attacked the incumbent and included no other specific policies or programs. After the convention, Roosevelt won endorsements from several progressive Republicans, including George W. Norris , Hiram Johnson , and Robert La Follette Jr. He also reconciled with the party's conservative wing, and even Al Smith was persuaded to support the Democratic ticket. Hoover's handling of

6720-469: The effects of the depression in his own state established him as the front-runner for the 1932 Democratic presidential nomination. Roosevelt rallied the progressive supporters of the Wilson administration while also appealing to many conservatives, establishing himself as the leading candidate in the South and West. The chief opposition to Roosevelt's candidacy came from Northeastern conservatives, Speaker of

6825-414: The efficiencies of several different investments. In economic terms, it is one way of relating profits to capital invested. In business, the purpose of the return on investment (ROI) metric is to measure, per period, rates of return on money invested in an economic entity in order to decide whether or not to undertake an investment. It is also used as an indicator to compare different investments within

6930-441: The election in late March. Roosevelt in the process became a popular figure among New York Democrats. News articles and cartoons depicted "the second coming of a Roosevelt", sending "cold shivers down the spine of Tammany". Roosevelt also opposed Tammany Hall by supporting New Jersey Governor Woodrow Wilson 's successful bid for the 1912 Democratic nomination . The election became a three-way contest when Theodore Roosevelt left

7035-700: The election, he served as chairman of the Agriculture Committee; his success with farm and labor bills was a precursor to his later New Deal policies. He had then become more consistently progressive , in support of labor and social welfare programs. Roosevelt's support of Wilson led to his appointment in March 1913 as Assistant Secretary of the Navy , the second-ranking official in the Navy Department after Secretary Josephus Daniels who paid it little attention. Roosevelt had an affection for

7140-413: The encouragement of his wife, Eleanor Roosevelt , he returned to public office as governor of New York from 1929 to 1933, during which he promoted programs to combat the Great Depression. In the 1932 presidential election , Roosevelt defeated president Herbert Hoover in a landslide victory . During his first 100 days as president , Roosevelt spearheaded unprecedented federal legislation and directed

7245-609: The end of Prohibition . In 1936, Roosevelt won a landslide reelection . He was unable to expand the Supreme Court in 1937 , the same year the conservative coalition was formed to block the implementation of further New Deal programs and reforms. Major surviving programs and legislation implemented under Roosevelt include the Securities and Exchange Commission , the National Labor Relations Act ,

7350-556: The federal government during most of the Great Depression, implementing the New Deal , building the New Deal coalition , and realigning American politics into the Fifth Party System . He created numerous programs to provide relief to the unemployed and farmers while seeking economic recovery with the National Recovery Administration and other programs. He also instituted major regulatory reforms related to finance, communications, and labor, and presided over

7455-433: The fleet will ever have for aviation"—Roosevelt personally ordered the preservation of the Navy's Aviation Division . With the Wilson administration near an end, Roosevelt planned his next run for office. He approached Herbert Hoover about running for the 1920 Democratic presidential nomination, with Roosevelt as his running mate. Roosevelt's plan for Hoover to run fell through after Hoover publicly declared himself to be

7560-426: The formula allows users to freely choose variables, e.g., length of the calculation time, whether overhead cost is included, or which factors are used to calculate income or cost components. The use of ROI as an indicator for prioritizing investment projects alone can be misleading since usually the ROI figure is not accompanied by an explanation of its make-up. ROI should be accompanied by the underlying data that forms

7665-408: The goal and application. The most comprehensive formula is: Return on investment (%) = (current value of investment if not exited yet or sold price of investment if exited + income from investment − initial investment and other expenses) / initial investment and other expenses x 100%. Example with a share of stock: You bought 1 share of stock for US$ 100 and paid a buying commission of US$ 5. Then over

7770-611: The governor's wife but would also be free to pursue her own agenda and interests. He also began holding " fireside chats ", in which he directly addressed his constituents via radio, often pressuring the New York State Legislature to advance his agenda. In October 1929, the Wall Street Crash occurred and the Great Depression in the United States began. Roosevelt saw the seriousness of

7875-400: The implementation of the act. Important game populations such as white-tailed deer and several species of the avian order Galliformes have also had a chance to recover and expand their populations. Critics of the legislation claim that state Fish and Wildlife agencies allocate funds primarily towards the creation of new hunting opportunities. There is a feeling among hunters, in general, that

7980-484: The inputs, this is often in the format of a business case. For long-term investments, the need for a Net Present Value adjustment is great and without it the ROI is incorrect. Similar to discounted cash flow , a Discounted ROI should be used instead. One limitation associated with the traditional ROI calculation is that it does not fully "capture the short-term or long-term importance, value, or risks associated with natural and social capital", because it does not account for

8085-648: The issue acceptable to both wings of the party. In 1925, Smith appointed Roosevelt to the Taconic State Park Commission, and his fellow commissioners chose him as chairman. In this role, he came into conflict with Robert Moses , a Smith protégé, who was the primary force behind the Long Island State Park Commission and the New York State Council of Parks. Roosevelt accused Moses of using

8190-640: The judiciary, the police force, and organized crime , prompting the creation of the Seabury Commission . The Seabury investigations exposed an extortion ring, led many public officials to be removed from office, and made the decline of Tammany Hall inevitable. Roosevelt supported reforestation with the Hewitt Amendment in 1931, which gave birth to New York's State Forest system . As the 1932 presidential election approached, Roosevelt turned his attention to national politics, established

8295-408: The long term environmental and social return of their investments. By highlighting environmental, social and governance performance in reporting, decision makers have the opportunity to identify new areas for value creation that are not revealed through traditional financial reporting. The social cost of carbon is one value that can be incorporated into Return on Integration calculations to encompass

8400-652: The march of civilization." His platform called for aid to farmers, full employment , unemployment insurance, and old-age pensions. He was elected to a second term by a 14% margin. Roosevelt proposed an economic relief package and the establishment of the Temporary Emergency Relief Administration to distribute those funds. Led first by Jesse I. Straus and then by Harry Hopkins , the agency assisted over one-third of New York's population between 1932 and 1938. Roosevelt also began an investigation into corruption in New York City among

8505-542: The name of this act is generally shortened by reducing it to the names of those who sponsored it, and so it is generally referred to as the Dingell–Johnson Act , or DJ. In 2000, alleging that the Pittman-Robertson Act sportsman's conservation trust funds were being mismanaged, U.S. Representative Don Young (R-Alaska), a National Rifle Association of America board member and sportsman, introduced

8610-522: The name recognition of prominent individuals including Roosevelt to win political support for state parks, but then diverting funds to the ones Moses favored on Long Island, while Moses worked to block the appointment of Howe to a salaried position as the Taconic commission's secretary. Roosevelt served on the commission until the end of 1928, and his contentious relationship with Moses continued as their careers progressed. In 1923 Edward Bok established

8715-557: The next year, Roosevelt remained in Washington to coordinate the naval deployment, as the Navy expanded fourfold. In the summer of 1918, Roosevelt traveled to Europe to inspect naval installations and meet with French and British officials. On account of his relation to Theodore Roosevelt, he was received very prominently considering his relatively junior rank, obtaining long private audiences with King George V and prime ministers David Lloyd George and Georges Clemenceau , as well as

8820-452: The nomination in person. His appearance was essential, to show himself as vigorous, despite his physical disability. In his acceptance speech, Roosevelt declared, "I pledge you, I pledge myself to a new deal for the American people... This is more than a political campaign. It is a call to arms." Roosevelt promised securities regulation, tariff reduction, farm relief, government-funded public works, and other government actions to address

8925-481: The office, as he gained valuable experience in labor issues, wartime management, naval issues, and logistics. In 1914, Roosevelt ran for the seat of retiring Republican Senator Elihu Root of New York. Though he had the backing of Treasury Secretary William Gibbs McAdoo and Governor Martin H. Glynn , he faced a formidable opponent in Tammany Hall's James W. Gerard . He also was without Wilson's support, as

9030-472: The position of their company and the returns expected. For a marketing ROI percentage to be credible, the effects of the marketing program must be isolated from other influences when reported to executives. In a survey of nearly 200 senior marketing managers, 77 percent responded that they found the "return on investment" metric very useful. Return on investment may be extended to terms other than financial gain. For example, social return on investment (SROI)

9135-567: The power to act. During the transition, Roosevelt chose Howe as his chief of staff, and Farley as Postmaster General. Frances Perkins, as Secretary of Labor, became the first woman appointed to a cabinet position. William H. Woodin , a Republican industrialist close to Roosevelt, was chosen for Secretary of the Treasury, while Roosevelt chose Senator Cordell Hull of Tennessee as Secretary of State. Harold L. Ickes and Henry A. Wallace , two progressive Republicans, were selected for Secretary of

9240-483: The president needed Tammany's forces for his legislation and 1916 re-election. Roosevelt was soundly defeated in the Democratic primary by Gerard, who in turn lost the general election to Republican James Wolcott Wadsworth Jr. He learned that federal patronage alone, without White House support, could not defeat a strong local organization. After the election, he and Tammany Hall boss Charles Francis Murphy sought accommodation and became allies. Roosevelt refocused on

9345-589: The president's administrative style, Burns concludes: The president stayed in charge of his administration...by drawing fully on his formal and informal powers as Chief Executive; by raising goals, creating momentum, inspiring a personal loyalty, getting the best out of people...by deliberately fostering among his aides a sense of competition and a clash of wills that led to disarray, heartbreak, and anger but also set off pulses of executive energy and sparks of creativity...by handing out one job to several men and several jobs to one man, thus strengthening his own position as

9450-562: The situation and established a state employment commission. He also became the first governor to publicly endorse the idea of unemployment insurance . When Roosevelt began his run for a second term in May 1930, he reiterated his doctrine from the campaign two years before: "that progressive government by its very terms must be a living and growing thing, that the battle for it is never-ending and that if we let up for one single moment or one single year, not merely do we stand still but we fall back in

9555-502: The task to caregivers. She later said that she knew "absolutely nothing about handling or feeding a baby." They had six children. Anna , James , and Elliott were born in 1906, 1907, and 1910, respectively. The couple's second son, Franklin, died in infancy in 1909. Another son, also named Franklin , was born in 1914, and the youngest, John , was born in 1916. Roosevelt had several extramarital affairs. He commenced an affair with Eleanor's social secretary, Lucy Mercer , soon after she

9660-482: The tax money collected from firearms purchases should benefit hunters rather than wildlife conservation programs, given that it is the hunters who pay the tax and establish the funding. The idea behind the act is that by creating more and better hunting experiences for people through habitat management and hunter education, more taxable items will be purchased, which would in turn provide more funding for management and improvement. The habitat improvement may also stimulate

9765-443: The telephone without his secretary's help; Franklin, in turn, did not visit Eleanor's New York City apartment until late 1944. Franklin broke his promise to Eleanor regarding Lucy Mercer. He and Mercer maintained a formal correspondence and began seeing each other again by 1941. Roosevelt's son Elliott claimed that his father had a 20-year affair with his private secretary, Marguerite LeHand . Another son, James, stated that "there

9870-515: The time. Franklin had a half-brother, James Roosevelt "Rosy" Roosevelt , from his father's previous marriage. As a child, Roosevelt learned to ride, shoot, sail, and play polo, tennis, and golf. Frequent trips to Europe—beginning at age two and from age seven to fifteen—helped Roosevelt become conversant in German and French. Except for attending public school in Germany at age nine, Roosevelt

9975-439: The unemployed. Recovery meant boosting the economy back to normal, and reform was required of the financial and banking systems. Through Roosevelt's 30 " fireside chats ", he presented his proposals directly to the American public as a series of radio addresses. Energized by his own victory over paralytic illness, he used persistent optimism and activism to renew the national spirit. On his second day in office, Roosevelt declared

10080-624: The war years. Since then, several of his actions have come under criticism , such as his ordering of the internment of Japanese Americans . Nonetheless, historical rankings consistently place him among the three greatest American presidents. Franklin Delano Roosevelt was born on January 30, 1882, in Hyde Park, New York , to businessman James Roosevelt I and his second wife, Sara Ann Delano . His parents, who were sixth cousins, came from wealthy, established New York families—the Roosevelts ,

10185-462: The workforce was unemployed, and farmers were in deep trouble as prices had fallen by 60%. Industrial production had fallen by more than half since 1929. Two million people were homeless. By the evening of March 4, 32 of the 48 states—as well as the District of Columbia—had closed their banks. Historians categorized Roosevelt's program as "relief, recovery, and reform". Relief was urgently needed by

10290-451: Was homeschooled by tutors until age 14. He then attended Groton School , an Episcopal boarding school in Groton, Massachusetts . He was not among the more popular Groton students, who were better athletes and had rebellious streaks. Its headmaster, Endicott Peabody , preached the duty of Christians to help the less fortunate and urged his students to enter public service. Peabody remained

10395-450: Was elected governor by a one-percent margin, and became a contender in the next presidential election. Roosevelt proposed the construction of hydroelectric power plants and addressed the ongoing farm crisis of the 1920s . Relations between Roosevelt and Smith suffered after he chose not to retain key Smith appointees like Moses. He and his wife Eleanor established an understanding for the rest of his career; she would dutifully serve as

10500-413: Was elected in November 1932 but like his predecessors did not take office until the following March. After the election, President Hoover sought to convince Roosevelt to renounce much of his campaign platform and to endorse the Hoover administration's policies. Roosevelt refused Hoover's request to develop a joint program to stop the economic decline, claiming that it would tie his hands and that Hoover had

10605-521: Was elected to the New York State Senate from 1911 to 1913 and was then the assistant Secretary of the Navy under President Woodrow Wilson during World War I . Roosevelt was James M. Cox 's running mate on the Democratic Party 's ticket in the 1920 U.S. presidential election , but Cox lost to Republican nominee Warren G. Harding . In 1921, Roosevelt contracted a paralytic illness that permanently paralyzed his legs. Partly through

10710-407: Was hired in 1914. That affair was discovered by Eleanor in 1918. Franklin contemplated divorcing Eleanor, but Sara objected, and Mercer would not marry a divorced man with five children. Franklin and Eleanor remained married, and Franklin promised never to see Mercer again. Eleanor never forgave him for the affair, and their marriage shifted to become a political partnership. Eleanor soon established

10815-431: Was improving, which he believed to be essential prior to running for office. He laboriously taught himself to walk short distances while wearing iron braces on his hips and legs, by swiveling his torso while supporting himself with a cane. He was careful never to be seen using his wheelchair in public, and great care was taken to prevent any portrayal in the press that would highlight his disability. However, his disability

10920-491: Was the 32nd president of the United States , serving from 1933 until his death in 1945. The longest-serving U.S. president, he is the only president to have served more than two terms. His initial two terms were centered on combating the Great Depression , while his third and fourth saw him shift his focus to America's involvement in World War II . A member of the prominent Delano and Roosevelt families, Roosevelt

11025-589: Was well known before and during his presidency and became a major part of his image. He usually appeared in public standing upright, supported on one side by an aide or one of his sons. Beginning in 1925, Roosevelt spent most of his time in the Southern United States , at first on his houseboat, the Larooco . Intrigued by the potential benefits of hydrotherapy , he established a rehabilitation center at Warm Springs, Georgia , in 1926, assembling

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