Has the U.S national debt ever been fully paid off?
Only once has the U.S. national debt been fully paid off, in 1835 and 1836, during the presidency of Andrew Jackson.
This was the only time any modern nation has eliminated its national debt.
The firm, Drexel Burnham Lambert, that specialized in using junk bonds to fund 1980s corporate takeovers marked the beginning of a new decade by filing for bankruptcy on February 13, 1990. The company had defaulted on more than $100 million in loans.
The Star-Spangled Banner was played in 1862 at a baseball game in Brooklyn at a field built by sports developer William Commeyer.
The title of the 1962 book by Michael Harrington refers to the huge number of Americans at the time who were living below the poverty level. According to Harrington, the poor totaled 20-25 percent of the U.S. population, or about 40-50 million people.
About 15 million Model Ts were sold when the iconic car was being produced.
For 107 years, beginning in 1864, the mile-square Union Stock Yards stood at Halsted Street and Exchange Avenue. The Swift, Armour, and Wilson companies had plants there. The yards closed on July 31, 1971, and were demolished. Only the Union Stock Yards’ gate was preserved; it was named a Chicago landmark on February 24, 1972.
At least 1,547 people were killed when the boiler of the side-wheeler Sultana exploded on April 27, 1865, on the Mississippi River near Memphis, Tennessee, making it the worst marine disaster in U.S. history. Many of those killed in the blaze were Union soldiers who had recently been freed from Confederate prison camps. The most…