The Second Bank of the United States was chartered in 1816, just five years after First Bank of the United States lost its charter. It had numerous branches around the country and a close relationship with the US government—until 1833. That year, US President Andrew Jackson refused to renew the bank's charter on the grounds that it concentrated too much economic power in the hands of a small, moneyed elite beyond the public's control. What happened to its headquarters in Philadelphia?
Jerome K. Jerome
Back in the day
The most famous mutiny in history, the setting adrift of Bounty captain William Bligh and 18 of his loyal crew members in a longboat, has been much debated. Opponents of the captain claim his tyranny drove the crew to mutiny, but Bligh blamed their betrayal on their newfound love of Tahiti—where they had just spent five months—and its women. The captain and some of those with him survived the ordeal at sea, reaching Timor after a remarkable two-month voyage. What became of the mutineers?
Born on a day like today
Considered a Korean national hero, Yi was a naval commander who repelled the Japanese invasion of Korea in the late 16th century. He is said to have been undefeated in any naval battle in which he was a commander. Part of his success in combat was due to his innovative "turtle ship," which was covered with iron spikes and plates to prevent enemies from boarding. The ship's bow featured a dragon head, through which a cannon could be fired. Why was Yi relieved of command in 1597?