Sunday, January 09, 2005

mike mulligan and his steam shovel

Virginia Lee BurtonAris & Mike



mike mulligan and his steam shovel was copy writed in 1939.



I was born on August 30, 1909, in Newton Center, Massachusetts. My mother was English, a poet and a musician. My father was the dearly beloved Dean Burton of the Massachusetts Institute of Technology . . . their first dean and only dean until he retired in 1921.
My memories of early childhood in Newton Corner consist of English folk songs and English folk dancing around a Maypole . . . celebrating Twelfth Night when everyone dressed up in costumes and the neighbors came in to sing and dance and "wassail" the old apple trees. On other holidays our parents put on marionette shows for us and our friends. Our old barn was converted into a school, and I believe the first Montessori System in this country was taught there. Dad, instead of giving us toys for birthdays and Christmas, gave us beautifully illustrated children's books, which he would read aloud to us. I am sure my interest in picture books stemmed from this.
We lived in Newton Corner until I was about eight. The New England winters were getting to be too much for my mother's health, and as it was about time for my father to retire, we moved to California. We stayed one year in San Diego and then moved up the coast to Carmel-by-the-Sea. Carmel was then a simple unspoiled small town inhabited by retired and semi-retired artists, writers, and musicians. There were three theaters and a little old two-room schoolhouse. Always there was a play or an operetta in rehearsal going on and everybody took part. To be sure it was all amateur, but it was a lot of fun. My sister and I loved dancing and studied at every opportunity (of which there were many) and appeared in the local productions.
When I was sixteen and a junior in high school, where there was a good art teacher, I happened to win a state scholarship to the California School of Fine Arts in San Francisco. In my senior year I was editor of the school annual and, on the side, started a dancing class of my own.
MIKE MULLIGAN AND HIS STEAM SHOVEL® is a registered trademark of Houghton Mifflin Company.

Aristides Burton Demetrios, Virginia Lee Burton’s oldest son, is a renowned contemporary sculptor whose works can be seen throughout the United States and elsewhere around the world. Educated at Harvard University in history and literature, Demetrios later studied sculpture with his father, George Demetrios, in Gloucester, Massachusetts. Since then, he has worked with the some of the nation’s leading designers (Thomas Church, Lawrence Halprin, Peter Walker, Ken Kay, Peter Calthrope, and Michael Taylor) to create bronze fountains and sculptures, large scale outdoor stainless steel sculptures, and painted steel sculptures commissioned for public pavilions, private residential gardens, and corporate facilities. Demetrios also exhibits his work in galleries throughout the United States. He is currently an artist-in-residence at the University of California, Santa Barbara.
Michael Burton Demetrios was born on August 30, 1935 in Groton, Massachusetts. When he was four, Virginia Lee Burton dedicated Mike Mulligan and His Steam Shovel to him and he served as the model for the little boy who helps Mike and Mary Anne dig the cellar in one day. A graduate of Harvard Business School, Demetrios was the president of Marine World Africa USA for more than twenty years. While president, Demetrios, together with a group of businessman, purchased the park from Resorts International and successfully relocated to Vallejo, California. Now, Marine World Africa USA is a world class facility and has reached annual attendance levels of 1.9 million. Since January 1998, Demetrios has served as President of Intra-Asia, a US Company with two amusement parks in China and plans to have five additional parks. He travels extensively throughout China and sees this as an "exciting and fascinating time to be doing business with China". Michael Demetrios lives outside of Los Angeles.


TIMELINES OF THE GREAT DEPRESSION:

http://cla.calpoly.edu/~lcall/timeline.dep.html

1929
Herbert Hoover becomes President. Hoover is a staunch individualist but not as committed to laissez-faire ideology as Coolidge.
More than half of all Americans are living below a minimum subsistence level.
Annual per-capita income is $750; for farm people, it is only $273.
Backlog of business inventories grows three times larger than the year before. Public consumption markedly down.
Freight carloads and manufacturing fall.
Automobile sales decline by a third in the nine months before the crash.
Construction down $2 billion since 1926.
Recession begins in August, two months before the stock market crash. During this two month period, production will decline at an annual rate of 20 percent, wholesale prices at 7.5 percent, and personal income at 5 percent.
Stock market crash begins October 24. Investors call October 29 "Black Tuesday." Losses for the month will total $16 billion, an astronomical sum in those days.
Congress passes Agricultural Marketing Act to support farmers until they can get back on their feet.
1930
By February, the Federal Reserve has cut the prime interest rate from 6 to 4 percent. Expands the money supply with a major purchase of U.S. securities. However, for the next year and a half, the Fed will add very little money to the shrinking economy. (At no time will it actually pull money out of the system.) Treasury Secretary Andrew Mellon announces that the Fed will stand by as the market works itself out: "Liquidate labor, liquidate stocks, liquidate real estate… values will be adjusted, and enterprising people will pick up the wreck from less-competent people."
The Smoot-Hawley Tariff passes on June 17. With imports forming only 6 percent of the GNP, the 40 percent tariffs work out to an effective tax of only 2.4 percent per citizen. Even this is compensated for by the fact that American businesses are no longer investing in Europe, but keeping their money stateside. The consensus of modern economists is that the tariff made only a minor contribution to the Great Depression in the U.S., but a major one in Europe.
The first bank panic occurs later this year; a public run on banks results in a wave of bankruptcies. Bank failures and deposit losses are responsible for the contracting money supply.



Supreme Court rules that the monopoly U.S. Steel does not violate anti-trust laws as long as competition exists, no matter how negligible.
Democrats gain in Congressional elections, but still do not have a majority.
The GNP falls 9.4 percent from the year before. The unemployment rate climbs from 3.2 to 8.7 percent.
1931
No major legislation is passed addressing the Depression.
A second banking panic occurs in the spring.
The GNP falls another 8.5 percent; unemployment rises to 15.9 percent.
1932
This and the next year are the worst years of the Great Depression. For 1932, GNP falls a record 13.4 percent; unemployment rises to 23.6 percent.
Industrial stocks have lost 80 percent of their value since 1930.
10,000 banks have failed since 1929, or 40 percent of the 1929 total.
About $2 billion in deposits have been lost since 1929.
Money supply has contracted 31 percent since 1929.
GNP has also fallen 31 percent since 1929.
Over 13 million Americans have lost their jobs since 1929.
Capital growth investments have dropped from $16.2 billion to 1/3 of one billion since 1929.
Farm prices have fallen 53 percent since 1929.
International trade has fallen by two-thirds since 1929.
The Fed makes its first major expansion of the money supply since February 1930.
Congress creates the Reconstruction Finance Corporation.
Congress passes the Federal Home Loan Bank Act and the Glass-Steagall Act of 1932.
Top tax rate is raised from 25 to 63 percent.
Popular opinion considers Hoover's measures too little too late. Franklin Roosevelt easily defeats Hoover in the fall election. Democrats win control of Congress.
At his Democratic presidential nomination, Roosevelt says: "I pledge you, I pledge myself, to a new deal for the American people."
1933
Roosevelt inaugurated; begins "First 100 Days" of intensive legislative activity.
A third banking panic occurs in March. Roosevelt declares a Bank Holiday; closes financial institutions to stop a run on banks.
Congress authorizes creation of the Agricultural Adjustment Administration, the Civilian Conservation Corps, the Farm Credit Administration, the Federal Deposit Insurance Corporation, the Federal Emergency Relief Administration, the National Recovery Administration, the Public Works Administration and the Tennessee Valley Authority.
Congress passes the Emergency Banking Bill, the Glass-Steagall Act of 1933, the Farm Credit Act, the National Industrial Recovery Act and the Truth-in-Securities Act.
U.S. goes off the gold standard.
Roosevelt does much to redistribute wealth from the rich to the poor, but is obsessed with a balanced budget. He later rejects Keynes' advice to begin heavy deficit spending.
The free fall of the GNP is significantly slowed; it dips only 2.1 percent this year. Unemployment rises slightly, to 24.9 percent.
1934
Congress authorizes creation of the Federal Communications Commission, the National Mediation Board and the Securities and Exchange Commission.
Congress passes the Securities and Exchange Act and the Trade Agreement Act.
The economy turns around: GNP rises 7.7 percent, and unemployment falls to 21.7 percent. A long road to recovery begins.
Sweden becomes the first nation to recover fully from the Great Depression. It has followed a policy of Keynesian deficit spending.
1935
The Supreme Court declares the National Recovery Administration to be unconstitutional.
Congress authorizes creation of the Works Progress Administration, the National Labor Relations Board and the Rural Electrification Administration.
Congress passes the Banking Act of 1935, the Emergency Relief Appropriation Act, the National Labor Relations Act, and the Social Security Act.
Economic recovery continues: the GNP grows another 8.1 percent, and unemployment falls to 20.1 percent.
1936
The Supreme Court declares part of the Agricultural Adjustment Act to be unconstitutional.
In response, Congress passes the Soil Conservation and Domestic Allotment Act.
Top tax rate raised to 79 percent.
Economic recovery continues: GNP grows a record 14.1 percent; unemployment falls to 16.9 percent.
Germany becomes the second nation to recover fully from the Great Depression, through heavy deficit spending in preparation for war.
1937
The Supreme Court declares the National Labor Relations Board to be unconstitutional.
Roosevelt seeks to enlarge and therefore liberalize the Supreme Court. This attempt not only fails, but outrages the public.
Economists attribute economic growth so far to heavy government spending that is somewhat deficit. Roosevelt, however, fears an unbalanced budget and cuts spending for 1937. That summer, the nation plunges into another recession. Despite this, the yearly GNP rises 5.0 percent, and unemployment falls to 14.3 percent.
1938
Congress passes the Agricultural Adjustment Act of 1938 and the Fair Labor Standards Act.
No major New Deal legislation is passed after this date, due to Roosevelt's weakened political power.
The year-long recession makes itself felt: the GNP falls 4.5 percent, and unemployment rises to 19.0 percent.
Britain becomes the third nation to recover as it begins deficit spending in preparation for war.
1939
GNP rises 7.9 percent; unemployment falls to 17.2 percent.
The United States will begin emerging from the Depression as it borrows and spends $1 billion to build its armed forces. From 1939 to 1941, when the Japanese attack Pearl Harbor, U.S. manufacturing will have shot up a phenomenal 50 percent!
The Depression is ending worldwide as nations prepare for the coming hostilities.
World War II starts with Hitler's invasion of Poland.
1945
Although the war is the largest tragedy in human history, the United States emerges as the world's only economic superpower. Deficit spending has resulted in a national debt 123 percent the size of the GDP. By contrast, in 1994, the $4.7 trillion national debt will be only 70 percent of the GDP!
The top tax rate is 91 percent. It will stay at least 88 percent until 1963, when it is lowered to 70 percent. During this time, America will experience the greatest economic boom it has ever known.



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