Democratic (socialist/proto-fascist) President Wilson—without a constitutional amendment—signs senate resolution 6357, creating the War Risk Insurance Board, in an effort to encourage American commercial vessels to venture into areas where they run the risk of being torpedoed.

       [restored 6/5/2022]

Subsequent Events:

Authority:

“Law of the Jungle”
ccc-2point0.com/preface

References:

War Risk Insurance Act – Wikipedia
en.wikipedia.org/wiki/War_Risk_Insurance_Act

Current U.s. National Debt:

$36,167,124,467,492

Source