Democratic (socialist/proto-fascist) President Wilson—without a constitutional amendment—signs the War Risk Insurance Act of 1917, authorizing subsidized life insurance to sailors in the merchant marine of the United states.
[restored 6/13/2022]
Democratic President Wilson—without a constitutional amendment—signs the Special Preparedness Fund Act, imposing steeper inheritance taxes, and taxing “excess” profits.
[added 6/13/2022]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
House Resolution 20082, 39 Stat. 1131 (1917).
War Risk Insurance Act – Wikipedia
en.wikipedia.org/wiki/War_Risk_Insurance_Act
us events
www.duke.edu/~charvey/Country_risk/chronology/us-events.htm
Current U.s. National Debt:
