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The Rise Of Wall Street: History Of The Stock Market

The rise of Wall Street has also seen the rise of New York City, naming it the most powerful city economically and the leading financial centre in the world. Housing two of the largest stock exchanges, NASDAQ and New York Stock Exchange, in the world, let us look at how Wall Street became the economic powerhouse it has become today.

The name Wall Street has many conflicting stories as its origin. But the most widely accepted story is how a wall on the Northern boundary protected the New Amsterdam settlement against pirates and Native Americans.

In the early 19th century, both residences and businesses occupied the area. But there were increasing demands for the area to be strictly business dominated. After the Erie Canal was opened in the early 19th century, there was a massive boom in companies in New York City. This was the first primary reason for Wall Street becoming the money capital in America.

In the 1840s and 1850s, residents of Wall Street began moving to Midtown Manhattan because of the increase in businesses. The Civil War brought further prosperity for cities like New York; causing New York to become one of the nation’s banking centres. With many companies like JP Morgan and Standard Oil moving to New York, the city became a connection for Old World Capital and New York ambition.

The start of the 20th century came new challenges for Wall Street. But the headquarters of JP Morgan being set up in New York turned Wall Street into the center of finance in America. Encouraged by the fact that the government’s implementation of tax incentives, businesses in the city were given even more confidence than ever to do conduct business in Wall Street.

Corporate culture began gathering pace, and it was evident even in the cityscape of New York with large buildings and skyscrapers being constructed to facilitate business. The growth in New York was only rivalled by Chicago. There were residential areas next to Wall Street, the Bowling Green area which was described as a backyard to Wall Street because of the terrible housing conditions, high infant mortality rate and poor people.

The peak of the market was in 1929. But this also saw the market slipping which resulted in investors being worried about the safety of their money. On October 24, the market crashed which is now known as the great depression of 1929. This also saw the government trying to force in regulations to prevent future crashes and acquirement of equities based merely on credit.

The Most Unique Wedding Venues in Australia

Ah, Aussie land. Such a beautiful sight to see and one amazing destination to those who want to get married.
Now, if you’re an Aussie resident, you’re considered one of the luckiest people in the world, all because you have access to such beautiful locations and settings within the country. If you’re a foreigner, it might cost you a lot more dimes, but you still have access to this wondrous country.

Australia is romantic. What an understatement. It is also considered one of the best tourist destinations in the world, and you won’t understand how romantic it can be unless you visit it.

With tons of beaches to choose from, all along the shores of Australia, you’re in for quite the treat.

 

The Top 5 Wedding Venues in Australia

1. The Yarrangobilly Caves House

We know you’ve probably never thought about it before, but what about a wedding in a cave? It sounds crazy, right? Well, it’s considered a popular, and unique wedding venue in Australia. Not only will your wedding be unique, but you’ll feel closer to nature than ever before.

Minus the creepiness of what a cave can be, the Yarrangobilly Cave is made from tranquil limestone and is one of the most beautiful caves you’ll ever come across in your life. It has delicate decorations, such as cave corals, shawls and offers a ton of adventure for your wedding, all blissfully created 440 million years ago. So, if you’re worried about being too ‘simple’, you can be ensured that no one will ever be able to top your wedding venue now!

2. The Elegant Substation

Located in Melbourne and considered the classiest wedding venue you’ll ever come across, the Substation is the venue every couple is looking for. The setting is filled with art organisations and is also filled with art exhibits, making it, above all else, interesting too.

The setting is complete with many visual galleries and can hold many guests, all to complete the lavish wedding of your dreams.

3. Tenth & Gibson Wedding Venue

Even though you might, or might not, be an Aussie, you’re still able to embrace your inner countryside, and since county-inspired weddings are the favorite wedding theme, why not give Tenth & Gibson a chance.

This unique country-inspired wedding venue is perfect for those who want a country-inspired wedding, which can be designed from the inside out, according to your preferences. With up to 200sqm space inside the venue, you’ll also be able to invite the number of guests you want.

4. The Glasshaus

Picture this. A tranquil wedding, inside a greenhouse. Talk about getting in tune with nature. With tons of flowers and enough green to go around, this romantic venue is perfect for those who want to add an added effect of romance to their wedding.

With a flowery themed wedding, you’ll be the talk of the town; all finished off with the most perfect interior design and styling.

The History of Jazz

Jazz is a genre in music that was made by the African Americans of New Orleans. The genre, originating in the late 19th century, became a form of expression for the African Americans of their time.

The word Jazz was first coined in 1912 when an article was written in the Los Angeles Times. The word was used to describe the pitch of the music which the writer put into words as a” wobble which you can do nothing about”.

In the early days of jazz music, the common public did not know what to make of it as jazz contained many subgenres. But one thing that everyone agreed upon was the improvisational tone of the music.

Jazz was mainly influenced by blues, a type of music that stemmed from plantation workers. Blues’ improvisational tone is the main inspiration for jazz music. Many elements of jazz music can be attributed to blues as well, the likes of repetitive call-and-response patterns, chord progression and blue notes.

There are accounts dating back all the way to the 1880s which suggest that music was made by makeshift instruments such as jugs, washboards and washtubs.

Before jazz, African-American music incorporated Afro-Cuban rhythmic motifs. After the abolishment of slavery, unable to find work, African Americans turned to music for their employment such as playing the piano in bars.

It was then that their music was written and published as sheet music. Classically trained pianists such as Scott Joplin found international success with pieces such as “Maple Leaf Rag”, a ragtime classic that was released in 1899.

That state of New Orleans was vital in giving the African-American culture a chance since they were allowed play the drums. Other areas in American did not allow African Americans to play the drums because of the “Black Codes”, which made it difficult to preserve their musical culture.

 

Aside from working in clubs and bars, jazz performers began forming bands with instruments used in marching bands. They found work when African American funerals were held as well.

Papa Jack Laine, known in history as the father of white jazz, an American white, began including both whites and blacks in his marching band. Having an excellent eye for talent, he had many jazz greats who would work with his band such as members of the Original Dixieland Jass Band.

The prohibition of alcohol from the 1920s to the 1930s saw the emergence of the golden age of Jazz. But sadly, it was also during this time that jazz began getting the reputation of being impure, seeing it as a threat to their old values.

Jazz eventually turned into bebop, and people then began liking the music more. It isn’t called America’s most significant original art forms for nothing since jazz laid the foundation for many African-American artists in the future.

The History of Jazz

Jazz is a genre in music that was made by the African Americans of New Orleans. The genre, originating in the late 19th century, became

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