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Headlines---
Next
Monday--The Deal is in the Details
Harris
Bank Reaches out to Unbanked
Cartoon
from Cindy Spurdle, CLP Foundation
Will
it Float? Or Will it Sink?
www.LeaseAssistant.org/Business
Best Resource
"ELA
PR Program Keeping the Message Alive"
Capital
Stream/NetSol Technologies
This Border #####
Denotes Press Release (Not Written By Leasing News)
------------------------------------------------------------------------------------------
Classified
Ads----Outsourcing
Backroom:
All Locations
Are
you a broker or a rep for a major lessor? Want to just market and leave
the backroom an packaging functions to us? Call us.
E-mail:nationalbusinesscredit@yahoo.com
Backoffice:
Atlanta , GA. GlobalTech Portfolio Services provides world class
lease, loan administration and asset management for equipment and vehicles.
Current portfolios $1 billion. Contact Alan Zeppenfeld 678-816-2216
E-mail:azeppenfeld@globaltechfinancial.com
Back
Office: Atlanta, GA. Let Tax Partners handle your sales and use
tax compliance duties w/less risk and cost than in-house. Largest tax
compliance firm in US E- mail:sales@taxpartners.com
Backoffice:
Dallas, TX.
Property
Tax and sales and use tad administration services performance is guaranteed
and we will save you time and money or our service is free.
E-mail:
info@osgsolutions.com
Backoffice:
Indianapolis, IN
IntegraLease,LLC
specializes in delivering customized back-office lease portfolio admin./
ASP services for lessors, banks, manufacturer captives: other financial
institutions. Paul Henkel (317) 251-5352 ex. 7201
E-mail:
paul.henkel@integralease.com
Back
Office: Laughlin, NV. 20 years experience on funder/broker sides.
Looking for a relationship where I act as credit shop for smaller brokers
when financial statements are involved. E-mail:batarista@laughlin.net
Back
Office: Northbrook, IL
Our
staff of CPA's and lease professionals can handle any or all portfolio
responsibilities incl. portfolio mgmt, invoicing, sales/property/income
tax, accounting, etc. E- mail:ngeary@edwinsigel.com
Back
Office: San Rafael, CA
We
can run your back office from origination to final payoff. 30 years
experience in commercial equipment lease and loan portfolio management.
E- mail:gmartinez@phxa.com
To View all our Outsourcing ads, please go here:
http://64.125.68.90/LeasingNews/JobPostingsOutsourcing.htm
To Place a “free” outsourcing ad:
http://64.125.68.90/LeasingNews/PostingFormOutsourcing.asp
------------------------------------------------------------------------------------------------------------
Hugh
Remembered---
http://two.leasingnews.org/photos/Hugh_Bennett.jpg
Hugh
with his wife Lynne.
L Hugh Bennett was
born January 14, 1931 in Davenport, Iowa. He graduated East High School
in Denver, Co. in 1948. Spent four years in the Navy, with MATS, during
the Korean War and graduated with a bachelor's degree from the University
of San Francisco in 1958. After
12 years with General Electric Corp., Hugh spent several years with
Laurentide Leasing, GE Leasing and President of Finance for AW Restaurants,
where he activated their leasing arm.
Hugh founded HB Enterprises
in 1973 and enjoyed many very successful years establishing himself
and his leasing company as a reputable firm with impeccable integrity. His wife, Lynne, joined the business in 1983.
Hugh loved Jazz,
Gardening, Scuba Diving in Mexico, long walks in San Francisco and on
Venice Beach, and meeting new people. He died of Cancer on October 24,2003
and will be sorely missed by his wife of 35 years, Lynne, of Los Angeles. Hugh is survived by his nephew, Stacy W. Shonk,
his wife Sharon Reid-Shonk and their newborn son, Oliver, of Vallejo
and sister-in-law, Denzille Shonk, nieces, Lori Romero, Alison Pacheco,
Lesley Munson, and nephew, Keith Stone, and several great nieces and
nephews, all residents of the San Francisco Bay Area.
“I am sorry to hear
about Hugh's passing. He was quite a guy. It seems as
though he was in
this business forever. He was always around the association
meetings with a smile
on his face and a "How ya doin." I always enjoyed
talking to him and
discussing the state of our industry. He was always soft
spoken and never
talked your ear off but he had a lot to say that was worth
while listening to.
He was one of the good guys.”
W. Russell Runnalls,
CLP
Markay Financial
Corporation
20407 Strathern Street
Canoga Park, CA 91306
(818)998-6125
(818)998-6127
www.markay.com
lease@markay.com
****
announcement *********************************
Next
Monday----The Deal is in the Details
A WORKSHOP IN FINANCIAL
STATEMENT ANALYSIS & INTERPRETATION
WHEN: MONDAY, NOVEMBER
17, 2003
WHERE: RAMADA INN,
324 East Shaw,
Fresno, CA 93710
Tel: 559 224-4040
TIME: 9:00 a.m. to
4:00 p.m. (lunch on your own)
LEARN
How to read and interpret your prospect's financial statements.
How to qualify your prospects.
How funders look at full disclosure transactions.
How to understand what the real story is in your story credit.
How to explain your deal to your credit manager or funder.
How to make the best use of your selling time.
The class will be
presented by Bob Teichman, CLP, an industry veteran celebrating his
40th year in the equipment leasing business.
COST: $245 (first
attendee from a company)
$225 (for each additional
attendee from a company)
For more information
call: 415 331-6445 or e-mail BoTei@aol.com
Pre-register by sending
your check to:
Bob Teichman, CLP
Teichman Financial
Training
3030 Bridgeway, Suite
213
Sausalito, CA 94965
Tel: 415-331-6445
Fax:415-331-6451
e-mail: BoTei@aol.com
Registration at the
door on a space-available basis only.
"Providing education
and training to the equipment leasing and financing industry
****
announcement *********************************
FitchTraining
New York and Chicago Course Offerings
FINANCIAL INSTITUTIONS:
Financial Statement
Analysis for Banks and Non-Banks
Harris Bank Reaches
out to Unbanked
CORPORATE:
Credit Fundamentals
New York: November
17 - 21, 2003 - $2,750 per person
STRUCTURED FINANCE/SECURITIZATION:
Introduction to Securitization
and ABS
New York: November
21, 2003 - $1,200 per person
.Insurance Company
Analysis
Chicago: November
17 - 18, 2003 - $2,800 per person
Emerging Market Banks
and Sovereigns
Chicago: November
19 - 20, 2003 - $2,700 per person
US Bank Analysis
Chicago: November
19 - 20, 2003 - $2,200 per person
Financial Statement
Analysis for Insurance Companies
New York: December
8, 2003 - $1,375 per person
Insurance Company
Analysis
New York: December
9 - 10, 2003 - $2,800 per person
Should you have any
questions regarding the above programs or be interested in having a
similar course tailored to the specific needs of your organization,
please contact me on 011 44 207 376 2406
Sharon Jones
Course Co-ordinator
www.FitchTraining.com
Fitch Training
10 Adam & Eve
Mews
London
W8 6UJ
Tel: + 44 (0)20 7376
2406
****
announcement **********************************
-------------------------------------------------------------------------------------------------------
Harris
Bank Reaches out to Unbanked
Harris Bank, a community bank network in Illinois, implemented a
new ATM product in Chicago geared to the "unbanked" market.
The product allows people
who do not have a bank account to cash paychecks, send money or buy
money orders at ATM machines. The vendor
for the product, California-based Infonox, also signed on with Bank
of America for a similar ATM service earlier this year.
Harris Bank is a subsidiary
of BMO Financial Group, a diversified $156 billion financial services
institution.
Cartoon
from Cindy Spurdle, CLP Foundation
http://two.leasingnews.org/cartoons/Pepper_and-_Salt.jpg
Will
it Float? Or Will it Sink?
One World (Leasing
Co-Op) is down to five core members, but about to
add a professional
executive director, president. The
group decided they
were going in too
many directions and their problem was a “lack of leadership.”
The committee decided
they needed a “chairperson.”
---
Louis Schneider,
former partner of Preferred Capital, is
into his second year of
law school, apparently
in New England “ ...and apparently loves it.
He is in semi-hiding while attending school so nobody knows which
school he’s attending. He is enjoying his time away from leasing.”
--
We’re looking for
Mr. Schneider former partner, David Murray.
We are told
the last company
he was working for may be in a lot of trouble with the
California Attorney
General, among others. Trying
to not only trace
him down, but see
if he will make a comment about why he left.
--
Look for a major
leasing company to start a “broker division.” Going
against the tide,
they are about to hire a top person to run it.
We hope
to be the first to
make the announcement.
---
“When you described
me as "urbane" at times when saying I would cover the
NAELB show, I thought
I had a new disease. After looking up urbane in
the dictionary, I
think you have the wrong person. It should be a good
meeting and I'll
send you the report sometime on Sunday before you go to
press for Monday.
Take care, Charlie”
Charlie Lester CLester@LPIFinancial.com
(Charlie will be
covering the National Association of Equipment Leasing
Brokers conference. I hope the president, board, and other members
will
be courteous to this
“Southern Gentleman.” ( “Urbane is evidently not
for him:
urbane
adj 1: showing a
high degree of refinement and the assurance that comes from wide social
experience; "his polished manner"; "maintained an urbane
tone in his letters" [syn: polished, refined, svelte] 2: characterized
by tact and propriety 3: marked by wide-ranging knowledge and appreciation
of many parts of the world arising from urban life and wide travel;
"the sophisticated manners of a true cosmopolite"; "urbane
and pliant...he was at ease even in the drawing rooms of Paris"
[syn: sophisticated]
(You might be able
to “walk-in” to the conference, but
if anyone gives you trouble, ask for Bob Bell---He is a good friend
of mine and I know he will accommodate you.
Kit Menkin.)
November 7-8,
2003
Sheraton Gateway Hotel — Atlanta Airport
1900 Sullivan Rd.
College Park, GA 30274
- Schedule of
Events (.pdf version)
- Registration
Form (.pdf version)
Topics
to Include:
California
Licensing Law T Value 5
Community Bank Leasing Programs
Impact of the new tax laws on leasing
Increasing Broker Stability & Profitability with Relationships
---
Northern California
United Association of Equipment Lessors look for
a Christmas party
on 12/10/03 in Walnut Creek at McCovey's from 4-6.
Food compliments
of Bank of Walnut Creek and a no host bar.
They have a lot of
money, so this will be a good one to attend.
Write the date down
now.
---
$19.95 for Current
DSL Subscribers in California, Illinois, and Maryland.
Up-grade to Comcast
for this 12 month price. 1-877-508-9958
This offer is only
available in California, Illinois and Maryland. Speed comparisons are
for downloads only and are compared
to 768Kbps DSL and/or 56K dial-up. Upstream speed limited to 256Kbps Many factors affect speed. Actual speeds vary
and are not guaranteed. Offer available to new residential customers who are currently subscribers of
a DSL internet service provider, who are also in Comcast Cable wired and serviceable areas only. Customer
must honor existing contract obligations. Customers
must present a current DSL internet service provider bill at the
time of Comcast High-Speed Internet
installation. New Comcast High-Speed Internet customers only.
Receive first 12 months of service for
$19.95/month after service activation. After promotional period,
regular monthly service and equipment
charges apply. Rates vary for non Comcast Cable subscribers.
Cable modem and other equipment
required and not included. Not combinable with other offers. Installation
options and prices vary by service
area. Free professional installation limited to connection of one existing
unused data outlet to a cable
modem. Ethernet device may be required for service at an additional
fee. Custom installation charges
are additional. Prices do not include applicable taxes or franchise
fees. Offer expires 11/30/03.
Subject to Comcast Online Subscriber Agreement. Limited 30-day money
back guarantee covers the following:
Comcast's standard installation charges, one month Comcast High-Speed
Internet service and modem rental
or purchase fees actually paid when service is cancelled within 30 days.
All equipment provided by Comcast
must be returned in its original condition less reasonable wear and
tear. Limited
guarantee limited to reimbursement of charges actually paid. Call
Comcast for details and restrictions.
Offer expires 11/30/03.
--------------------------------------------------------------------------------------------------
Leasing Industry Help Wanted
|
About the Company: www.pentechfinancial.com |
|
|
|
Documentation/Credit--customer
service, general office, part-time to full-time, computer knowledge
necessary, looking for a bright, fun person for small staff in
Santa Clara, California fax resume 800-727-3851 or e-mail: maria@americanleasing.com
About the Company: American Leasing is a 32 year old lessor/broker with mostly repeat business. 
|
 Stable funding source seeks experienced leasing representative; book of business required; remote office capability; send resume to jobs@balboacapital.com and reference leasingnews in subject line. |
|
|
 Seeks experienced small ticket B2B leasing sales professionals in the western U.S. Very generous commission sharing with salary draw and benefits. Resumes mworxphx@yahoo.com |
|
|
### Press Release
###########################
www.LeaseAssistant.org Named as a Business Best Resource
(" The Lease Assistant Lessor Directory can be
used to find a company to match your leasing needs. All companies in
the directory are among the more than 800 members of the Equipment Leasing
Association of America and follow its Code of Fair Business Practices."}
-Arlington, Virginia-The
Equipment Leasing Association (ELA)
is proud to announce
its informational portal for financial
decision-makers,
http://www.LeaseAssistant.org, was recently named to
the BizBest100 for
2004. The site will be profiled
in the upcoming
paperback edition
of The 100 Best Resources for Small Businesses.
The BizBest100, published
by BizBest Media, is a resource for small
businesses seeking
tools and resources to run their businesses to
maximum efficiency
and profitability. BizBest Media publishes resource
and solutions information
in a variety of formats and accepts no
advertising, sponsorships
or paid listings of any kind.
Small businesses
looking for support in determining whether or not
equipment leasing
is a best option should visit www.LeaseAssistant.org.
The site contains
a glossary of terms, a database of leasing companies,
a lease versus buy
analysis, the ten questions to ask before signing a
lease, and more.
"We are delighted
to receive this recognition," said Amy Miller Holmes,
CAE, ELA's Vice President
of Communications and site manager. "We knew
the Lease Assistant
site has been a destination for many small
businesses and a
resource for the news media, but getting recognition
from a media organization
dedicated to serving small business owners and
start-up entrepreneurs
shows we are on the right track in helping people
understand that leasing
is an important financing vehicle."
The book will be
published officially on December 1 and advance copies
will be available
via Amazon.com, BarnesandNoble.com, Bizbest100.com and
other online book
sellers by Mid-October.
Organized in 1961,
the Equipment Leasing Association (ELA) is a
non-profit association
representing companies involved in the dynamic
equipment leasing
and finance industry. ELA's mission is to promote the
leasing industry
as a major source of funds for capital investment in
the United States
and abroad.
ELA maintains an informational portal for financial decision-makers
to learn more about leasing and find a leasing company at http://www.LeaseAssistant.org.
Headquartered in Arlington,Virginia., ELA has more than 800 member
companies and a staff of 25 professionals. Equipment leasing was reported
to be a $208 billion
industry in 2003.
Visit ELA online at http://www.ELAOnline.com.
### Press Release
################################
"ELA
PR Program Keeping the Message Alive"
ELT News
The
Equipment Leasing Association has an aggressive public relations program
in place, which includes media relations, reaching out to customer
organizations (such as the American Bankers Association, Institute
for Supply Management, Financial Executives Institute and others),
and researching and disseminating news for and about the equipment
leasing and finance industry.
ELA
continues to earn a high level of media impressions (number of people
thought to have read the news item): 689,851,134 earned to date, about
292 million more than this time last year. Most of the coverage of
leasing in October was related to the tax shelter story, spurred by
remarks from a “Mr. Janet” who anonymously testified before a U.S.
Senate Finance Committee last month. ELA commented on a number of
the tax shelter stories, correcting facts, straightening out rumors,
and delivering leasing’s message to the Associated Press, the New
York Times, Bloomberg, the Washington Post, and Newsday among others.
More work will be done to counter any negative effects of the news
reports, which focused on a very small part of the equipment leasing
industry. ELA’s PR team, in place, seasoned and ready, was able to
steer much of the coverage to a more balanced perspective than was
originally anticipated. Fortunately, the coverage of the tax shelters
has peaked and ELA is stepping up its media outreach with balanced,
positive leasing messages to separate the industry from the negative
coverage.
ELA
members will want to watch for coverage of the results of a survey
of the Small Business Administration’s state contest winners. When
asked
about leasing, 77 percent of the respondents agree that leasing equipment
is a good business strategy for meeting the demands of small businesses.
(More information on the survey results forthcoming.)
Additionally,
ELA’s Web site for financial decision-makers, www.LeaseAssistant.org,
was recently named to the BizBest100 for 2004. The site will be profiled
in the upcoming paperback edition of The 100 Best Resources for Small
Businesses. (See the article, “ELA Site,
www.LeaseAssistant.org
Named a Business Best” in this newsletter.)
Also,
check out www.entrepreneur.com for a joint ELA-Entrepreneur magazine
poll on how businesses view and use leasing. (Click on “Take Our Quick
Survey” at the top of the page.) The poll will be open until early
December 2003. ELA will be sure to distribute the results via this
newsletter, ELA E-News Daily.
ELA
continues to approach organization for speaking opportunities, editorial
coverage and joint survey projects. Yesterday, Mike Fleming, Ed Dahlka
and a leasing customer spoke at the Association for Financial Professionals’
annual conference on leasing as an alternative strategy for capital
acquisition. More details on how they were received will follow this
report. Please contact Amy Miller Holmes, CAE, Vice President of Communications,
with positive case studies or anecdotes ELA may use in their public
relations efforts. The media are hungry for testimonials and stories
from leasing customers to show how leasing contributed to their business.
To reach Amy, call her at
703-516-8367
or e-mail her at aholmes@elamail.com
--------------------------------------------------------------------------------
####
Press Release ##############################
Capital
Stream Signs Agreement with NetSol Technologies
Agreement
Provides NetSol a Major Breakthrough in the Lucrative U.S. Outsourcing
Market
CALABASAS,
CA -- -- NetSol Technologies,
Inc. (NASDAQ: NTWK), a developer of proprietary software applications
and information technology services,
announced that it has signed a Master Consulting Agreement
with Seattle-based CapitalStream® to provide a wide array of IT services.
Established in 1995, CapitalStream develops financial front office
automation solutions that transform paper-based, stand-alone operations
into integrated, streamlined finance supply chains. CapitalStream's
impressive list of customers includes Bank of America, National Bank
of Canada, Merrill Lynch and Bank of the West.
Under the terms of the agreement, NetSol will
provide the following services to CapitalStream:
-- Software configuration and implementation services
-- Project management
-- Assistance in product quality assurance and
testing
-- Product deployment and integration for CapitalStream's
FinanceCenter
solution designed for the banking and financial
services industry.
The
value for the initial phase of the agreement would be accretive to
NetSol's earnings for fiscal 2004. According to NetSol CEO Naeem Ghauri,
"This new contract further supports our previous guidance provided
on October 9, 2003 for expected revenue growth of between 60 to 70
percent for fiscal 2004."
Within
the next four weeks, NetSol will deploy a team of ten project managers
and consultants to CapitalStream to receive in-depth training on FinanceCenter.
"We expect the team to increase to approximately twenty on-site
NetSol project managers and consultants within the next six months,
as we begin providing onsite implementation support to CapitalStream
customers," said NetSol CEO Naeem Ghauri. "CapitalStream
and NetSol are investigating opportunities for NetSol to enhance and
broaden CapitalStream's product quality assurance and performance
testing in a low cost outsource model."
"NetSol
was selected as one of our implementation partners, based on their
domain expertise in the financial services marketplace," said
CapitalStream CEO and President, Kevin Riegelsberger. "They understand
our marketplace and we have complementary software solutions that
meet the diverse needs of our target markets. Through our relationship
with NetSol we anticipate significant cost benefits for both CapitalStream
and our customers -- adding to our record growth and continuing to
build momentum for front office automation solutions."
"This
agreement forges an important partnership as both CapitalStream and
NetSol are experts in the leasing and financial services domain,"
commented NetSol USA President Mark Caton. "Our off-shore development
and information technology model combined with our industry expertise
will provide CapitalStream customers with products and services that
are cost-effective and meet the highest SEI Level 3 standards for
quality, as established by the Carnegie Mellon Software Engineering
Institute."
About
CapitalStream
Established
in 1995, CapitalStream develops financial front office automation
solutions that enable banks and finance companies to transform paper-based,
stand- alone operations into integrated, streamlined finance supply
chains. CapitalStream solutions streamline application processing,
deal structuring, credit analysis and document generation to rapidly
originate leases, loans, lines and cards. As an established industry
leader, CapitalStream has helped many small business lending, equipment
finance and commercial lending operations to improve relationships
with customers and partners, streamline operations, reduce risk and
achieve significant revenue growth. For more information, visit CapitalStream's
Web site at www.capitalstream.com.
About
NetSol Technologies, Inc.
NetSol
Technologies is a leading end-to-end solution provider for the lease
and finance industry. Headquartered in Calabasas, CA, NetSol Technologies,
Inc. operates on a global basis with locations in the U.S., Europe,
East Asia and Asia Pacific. NetSol helps its clients identify, evaluate
and implement technology solutions to meet their most critical business
challenges and maximize their bottom line. By utilizing its worldwide
resources, NetSol has been delivering high-quality, cost- effective
IT services ranging from consulting and application development to
systems integration and outsourcing for years. NetSol's commitment
to quality is demonstrated by its achieving both ISO 9001 and SEI
(Software Engineering Institute) CMM (Capability Maturity Model) Level
3 assessment.
For more information, visit NetSol Technologies'
web site at www.netsoltek.com.
NetSol
Technologies:
Najeeb
U. Ghauri
Chairman
818.222.9195
###
Press Release ################################
News
Briefs---
Tax
'Loophole' Discovered for Huge SUVs
http://www.washingtonpost.com/wp-dyn/articles/A10045-2003Nov6.html
Greenspan
Buoyant on Jobs Outlook
http://www.washingtonpost.com/wp-dyn/articles/A7936-2003Nov6.html
Text
of his speech:
http://www.federalreserve.gov/BoardDocs/Speeches/2003/20031106/
October
Retail Sales Climb, but Slowly
http://www.washingtonpost.com/wp-dyn/articles/A9790-2003Nov6.html
Cisco's
Strong Profit Propels Nasdaq to 22-Month High/ 76% to record
http://www.nytimes.com/2003/11/07/business/07stox.html
Chip
industry ready to make a comeback
After
2 long years, sales expected to rise
http://www.bayarea.com/mld/mercurynews/business/7196203.htm
FTC
Blocks Pop-Up Spam Scam
http://www.internetnews.com/bus-news/article.php/3105311
How
salaries stack up
http://www.ajc.com/business/content/business/1103/06wages.html
by
city/state
http://www.bls.gov/ncs/ocs/compub.htm
salary
comparison if you move to another city
http://www.homefair.com/homefair/calc/salcalc.html
------------------------------------------------------------------------------------------
California
Nuts Briefs---
Schwarzenegger
to Hire Grope Probe P.I.
http://news.yahoo.com/news?tmpl=story2&cid=51
9&u=/ap/20031107/ap_on_re_us/schwarzenegger_women_3&printer=1
Schwarzenegger
imitators see big business in the big guy
http://www.bayarea.com/mld/mercurynews/news/
local/states/california/northern_california/7201171.htm
-----------------------------------------------------------------------------------------------------
“Gimme
that Wine”
Washington State Winemakers Hail Cabernet
http://www.washingtonpost.com/wp-dyn/articles/A10638-2003Nov7.html
Washington
Wineries
http://www.winepressnw.com/washington/
one
of the best in the US:
Leonetti
Winery
http://www.leonettiwinery.com/
http://www.winepressnw.com/woehler/2002/082802.html
http://www.weimax.com/washingt2.htm
________________________________________________________________________
This
Day in American History
1637
- Anne Hutchinson, the first female religious leader in the American
colonies, was banished from the Massachusetts Bay Colony for heresy,
preaching that fait alone was sufficient for salvation, a believe that
contradicted Puritan orthodoxy. She was condemned by an ecclesiastical synod
at Newton, Mass, and fled to Rhode Island. She and her family were massacred
by Indians.
http://www.annehutchinson.com/
http://www.forerunner.com/forerunner/X0193_Anne_Hutchinson.html
http://www.buy.com/retail/product.asp?sku=33955947
1700-The population of the colonies was sparsely scattered over
the large area. Below the Delaware
River an isolated farm was the usual settlement, save for Charleston,
which had about 250 families. Philadelphia had approximately 700 houses. New York about 5000 inhabitants. Newport less
than 200, and Boston, the largest city, about 7000. There were approximately 275,000 inhabitants
n the colonies. In 1701, the naming of streets was authorized by the
Boston Town Meeting. Previously, only Newport and Philadelphia had officially
assigned street names. At the end of seven years 109 names were submitted
for ratification.
1811 – William Henry Harrison, commander of 800 U.S. soldiers
fighting marauding Indians organized by Tecumseh, beat off a surprise
attack led by Tecumseh’s brother Tenskwatawa, called the Prophet, at
Tippecannoe River in northcenteral Indiana. The toll of U.S. soldiers
was 61 dead, 127 wounded. Subsequently,
Harrison’s troops destroyed the Indian confederacy. Tecumseh and many
of his followers crossed over into Canada and joined British forces
in the War of 1812.
1837 - United States abolitionist Elijah Lovejoy was attacked and
killed by a pro- slavery mob at his printing works in Alton, Illinois.
http://memory.loc.gov/ammem/today/nov07.html
1845-The first presidential voting nationwide took place. January 23,1845, “ an act to establish a uniform
time for holding elections for electors of President and Vice President
in all the states of the Union.” The day selected for voting was “the
Tuesday next after
the first Monday in the month of November of the year in which they
are to be appointed.” Zachary Taylor was elected president of the United
States. Millard Fillmore was elected vice president. The electoral vote
was Taylor, 163, Lewis Cass, Democratic candidate, 127. The popular
vote was Taylor, 1,370,101: Cass, 1,220,544: Martin Van Buren, Free-Soil
and Barnburners candidate, 291,263. Taylor, the second and last Whig president,
died after 16 months in office. He died of cholera at the age of 55. Vice-President Millard Fillmore was sworn in
on July 10,1850, as the 13th president of the United States.
1847- Lotta Crabtree birthday, taught by the legendary Lola Montez,
she was the rage of the English and American stage, leaving a fortune
of $4 million. Lotta's Fountain, an ornate drinking fountain which miraculously
survived the 1906 San Francisco earthquake, still stands at Market Street
near Kearny; her gift to a city she always loved and returned to frequently.
http://www.sfmuseum.org/bio/lotta.html
http://www.standingstones.com/crabtree.html
http://www.ncgold.com/History/LottaCrabtree/lotta.html
1874 - The Republican party elephant was born on this date. It
was created by Thomas Nast's political cartoon in Harper's Weekly, attacking
a possible third term for Republican President Ulysses S. Grant.
1876 - Albert H. Hook of New York City patented the cigarette
manufacturing machine.
1876-T the presidential election gave Samuel J. Tilden, the Democratic
candidate, a popular vote plurality
of 250,000, but Republicans refused to concede on the grounds that returns
from Florida, Louisiana, South Carolina, and Oregon were in dispute.
Hayes needed the electoral votes of those states to win.
On December 6 two different sets of electoral returns were reported
from the four states. The electoral vote ultimately was determined by
a special 15—member electoral commission.
The nation had never faced a dispute over the results of a presidential
election. The commission was divided by party lines, and deals were
made it was said, as Rutherford B. Hayes, received 185 electoral votes
to Tilden’s 184. Supposedly deals were made with Southern Democrats.
In any event, the new president showed a conciliatory attitude toward
the South: the last federal troops were
withdrawn and there was no further effort to protect the rights
of blacks. Reconstruction was over.
1885-at 9:30 AM the last spike was driven at Craigellachie, British
Columbia, completing the Canadian Pacific Railway’s 2,980-mile transcontinental
railroad track between Montreal, Quebec, in the east and Port Moody,
British Columbia, in the west.
1889- Montana becomes the 41st state.
1893 - The state of Colorado granted women residents the right
to vote.
1916
- Woodrow Wilson, 28th U.S. President, was reelected. The outcome of
the election was one of the few in U.S. history that hinged on foreign
affairs. Europe was fighting a world war, and so far, President Wilson
had kept the U.S. neutral. Running with the slogan, "He Kept Us
Out of War," Wilson was re-elected by a narrow margin. The very
next year, Wilson’s neutrality in the European war ended. The Germans
refused to curtail their submarine warfare after 120 Americans were
killed aboard the British liner, Lusitania. Congress voted overwhelmingly
to go to war and Wilson proclaimed American entrance into World War
I a crusade to make the world “safe for democracy.”
Thomas R. Marshall was reelected vice president. The election
was so close that the outcome was uncertain for three days, when it
became clear that Wilson had carried California, but by fewer than 4000
votes. The electoral vote was Wilson, 277: Charles Evans Hughes, Republican
candidate, 254. The popular vote was Wilson, 9,128,837: Hughes 8,536,380.
In congressional elections the Democrats lost three seats in the Senate
but maintained a 53-42 majority, with one seat going to a minor party.
In the House the Democrats again narrowed their majority over
the Republicans, 216-210, with six seats held by minor parties.
1917- bassist Howard Rumsey born, Brawley, CA.
http://www.theiceberg.com/artist.html?artist_id=25384
http://members.tripod.com/~hardbop/rumsey.html
1922-Trumpet player Al Hirt Birthday. http://www.epluri.com/NOTfolder/Acts/AlHirtFolder/AlHirtSalute.html
1929 - The Museum of Modern Art in New York City was opened to
the public.
1930 - Wayne King recorded what would become his theme song, "The
Waltz You Save for Me", on Victor records.
1932 - CBS radio first aired "Buck Rogers in the 25th Century".
Between 1932 to 1947, Matt Crowley, Curtis Arnall, Carl Frank and John
Larkin played Buck over the years.
1937- Mary Travers birthday, author, composer, singer, of Peter,
Paul, and Mary fame.
http://www.bellenet.com/travers.html
http://www.swinginchicks.com/mary_travers.htm
1940-,Duke Ellington records at Crystal Ballroom, Fargo, ND.
1944- President Roosevelt won an unprecedented fourth term in
office, defeating Thomas E. Dewey. Roosevelt only lived long enough
to serve 53 days of this fourth term. Harry S. Truman was elected vice-president.
The electoral vote was Roosevelt, 432: Gov. Thomas E. Dewey, Republican,
99. the popular vote was Roosevelt 25,602,504, Dewey 22,006,285. In
congressional elections the Democrats lost two senate seats but held
a 56-38 majority. In the House, they gained 24 seats for a 242-190 lead,
with two seats held by minor parties.
1946—Top Hits
Five Minutes More
- Frank Sinatra
South America, Take
It Away - Bing Crosby & The Andrews Sisters
You Keep Coming Back
like a Song - Dinah Shore
Divorce Me C.O.D.
- Merle Travis
1954- “Face the Nation” premiered on TV. The CBS counterpart to
NBC’s “Meet the Press,” this show employed a similar format: panelists
interviewed a well-known guest. In 1983 the panel was changed to include
experts in addition to journalists when Lesley Stahl succeeded George
Herman as moderator. Though usually produced at Washington, DC, the
show occasionally interviewed people elsewhere (such as Khrushchev in
Moscow in 1957).
1950- Voters in the United States Hawaii Territory ratified a state
constitution, a major step in becoming the 50th state on
August 21, 1959.
( lower half: http://memory.loc.gov/ammem/today/nov07.html)
1962- Richard M. Nixon, having been narrowly
defeated in his bid for the presidency by John F. Kennedy in the 1960
election, returned to politics two years later as a candidate for governor
of California in the election of Nov 6,1962. Defeated again (this time
by incumbent governor Edmund G. Brown, who built
the
public university and college system in California), Nixon held his
“last” press conference with assembled reporters in Los Angeles at mid-morning
the next day at which he said: “. . just think how much you’re going to be missing. You won’t
have Nixon to kick around any more, because, gentlemen, this is my last
press conference.~’
1954—Top Hits
I Need You Now -
Eddie Fisher
This Ole House -
Rosemary Clooney
Papa Loves Mambo
- Perry Como
More and More - Webb
Pierce
1956 - Elvis Presley hit the charts with "Love Me",
the first million-seller to chart without being a single. It was an
EP (extended play) 45 rpm, with three other songs: "Rip It Up",
"Paralyzed" and "When My Blue Moon Turns to Gold Again"
all on RCA Victor.
1962 - Richard M. Nixon, who failed in a bid to become governor
of California, held what he called his last press conference, telling
reporters, "You won't have Nixon to kick around anymore."
1962—Top Hits
He’s a Rebel - The
Crystals
Only Love Can Break
a Heart - Gene Pitney
All Alone Am I -
Brenda Lee
Mama Sang a Song
- Bill Anderson
1963 - New York Yankee Elston Howard, was named the American League’s
Most Valuable Player making him the first black player to receive the
award.
1964-The Braves, for the second time in eleven
years, receive permission to shift their franchise to another city.
Hank Aaron and company will move from Milwaukee to Atlanta after the
1965 season.
1967- the first mayor of a major city who
was African-America was Carl Stokes, a Democrat, elected this day by
the citizens of Cleveland, OH.
1970—Top Hits
I’ll Be There - The
Jackson 5
We’ve Only Just Begun
- Carpenters
Fire and Rain - James
Taylor
I Can’t Believe That
You’ve Stopped Loving Me - Charley Pride
1972 - United States President Richard Nixon was re-elected for
a second term, in the greatest Republican landslide, defeating Democrat
George McGovern. He became the first president to resign office. Spiro
T. Agnew was reelected vice president. The electoral vote was Nixon,
521: Sen. George S. McGovern, Democrat, 17.
The popular vote was Nixon 45,767,218: McGovern 28,357,668. The Democrats picked up two Senate seats for a 57-43 majority. The
Republicans gained 13 seats in the House, but the Democrats still led
255-179, with one seat going to an independent.
1973 - New Jersey became the first state in the United States that
allowed girls to play on Little League baseball teams.
1978—Top Hits
You Needed Me - Anne
Murray
MacArthur Park -
Donna Summer
Double Vision - Foreigner
Sleeping Single in
a Double Bed - Barbara Mandrell
1985- Former middleweight boxer Rubin “Hurricane”
Carter was released from Rahway (NY ) State Prison after serving 19
years for a triple murder committed in a Paterson, NJ, bar in 1966. US District Court Judge J. Lee Sorokin ruled
that prosecution had violated the civil rights of Carter and a codefendant.
during their trials in 1967 and 1976. Denzil Washington starred in a
movie about his life.
1986 - The longest high school football winning streak to date
ended. Canyon High, of Canyon Country, California, lost to Antelope
Valley High 21-20. Canyon High racked up 46 consecutive wins before
this.
1986—Top Hits
True Colors - Cyndi
Lauper
Typical Male - Tina
Turner
I Didn’t Mean to
Turn You On - Robert Palmer
It’ll Be Me – Exile
1987 - Bruce Springsteen’s "Tunnel of Love" was the
#1 album in the U.S. The rest of the top-five for the week: 2)-"Bad"
(Michael Jackson); 3)-"Dirty Dancing" (soundtrack); 4)-"Whitesnake"
(Whitesnake); 5)-"A Memory Lapse of Reason" (Pink Floyd).
1989-L. Douglas Wilder was elected governor
of Virginia, becoming the first elected black governor in US history.
Wilder had previously served as lieutenant governor of Virginia.
1989 - Judge Douglas H. Ginsburg asked President Reagan to withdraw
his nomination to the United States Supreme Court, citing the clamor
that arose over Ginsburg's admission that he had smoked marijuana on
occasion. President Roosevelt won an unprecedented fourth term in office,
defeating Thomas E. Dewey. Roosevelt only lived long enough to serve
53 days of this fourth term.
1989- the first Mayor of New York City was
African-America was David N. Dinkins, 63, the Manhattan borough president,
who was elected this day as a Democrat.
He served one term. He
was defeated in his 1993 bid for reelection by Republican candidate
Rudolph Giuliani, whom he had beaten in 1989.
1991- Earvin “ Magic”Johnson of the Los Angeles
Lakers retires from basketball after announcing that he had tested positive
for HIV. Despite his retirement,
Johnson played in the 1992 NBA All-Star game and in the 1992 Olympics
as a member of the first US Dream Team.
He coached the Lakers for part of the 1993-94 season and played
part of the 1995-96 season before retiring again.
1994 - "The Electrical Engineering Times" ran a cover
story about flaws in Intel’s Pentium computer chip. The bug, an obscure
flaw that caused extremely rare computation errors when performing certain
types of mathematical calculations, eventually caused Intel to replace
any Pentium processor affected by the flaw, regardless of whether the
user was a mathematician or not. Intel took a $475 million charge against
earnings for the quarter to cover the expense of replacing all of those
chips.
1998 – San Francisco Mayor
Willie Brown "pied" in California.
http://www.bioticbakingbrigade.org/willie_pieing_lg.jpg
http://www.bioticbakingbrigade.org/willie_pieing_after_lg.jpg
________________________________________________________________________
Coda:
Wednesday event we
went out to dinner at our favorite seafood restaurant and then to the
Simon and Garfunkle concert at the San Jose Arena, where the Everly
Brothers made a “guest” appearance.
We had third row seats, near center.
It was marvelous. What a tremendous show!!!!
After the concert, we went home and played some of Paul Simon’s
CD’s, and never got around to Leasing News.
Kit
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