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Memorial Day

Posted by M. C. on May 28, 2023

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Back Home Again In Indiana

Posted by M. C. on May 27, 2023

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TGIF: The Knowledge that Only Free Markets Disclose

Posted by M. C. on May 27, 2023

https://libertarianinstitute.org/articles/tgif-free-market-knowledge/

by Sheldon Richman

market

As a follow-up to my recent article about F. A. Hayek’s classic article “The Use of Knowledge in Society” (1945), I thought it worth extending Hayek’s exploration of this area of social theory. In 1968 the Nobel laureate-economist delivered a lecture in German known in English as “Competition as a Discovery Procedure.” It’s an alluring title, and anyone concerned with what makes for a good and prosperous society should be familiar with Hayek’s basic point.

Hayek gets right to it. He notes that standard macroeconomists are guilty of having “investigated competition primarily under assumptions which, if they were actually true, would make competition completely useless and uninteresting.” By that, he meant, “If anyone actually knew everything that economic theory designated as ‘data,’ competition would indeed be a highly wasteful method of securing adjustment to these facts.”

In other words, if all the “data” were actually accessible data, solving society’s scarcity problem would be a piece of cake, at least if the government’s computer was powerful enough. (I’m led to understand that, fortunately, many economists have advanced since he gave this lecture, probably in part because of his challenge.)

“Hence,” Hayek went on,

it is also not surprising that some authors have concluded that we can either completely renounce the market, or that its outcomes are to be considered at most a first step toward creating a social product that we can then manipulate, correct, or redistribute in any way we please.

Unfortunately, lots of such people are still around today.

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The Bud Light Boycott and Clueless Corporate Executives | Mises Wire

Posted by M. C. on May 27, 2023

Specifically, it seems likely that the Bud Light/Mulvaney campaign was an attempt on the part of corporate executives to cater to certain ideological groups—groups favored by wealthy, elite-college-educated managers—rather than to the company’s largely middle-class, middle-Americans customers.

https://mises.org/wire/bud-light-boycott-and-clueless-corporate-executives

Ryan McMaken

In perhaps one of the most unexpected and sudden shifts in consumer demand in recent years, sales of Bud Light have now fallen sizably for six weeks in a row, with no end in sight. The New York Post reported on Monday that “Sales of the US’s No. 1 beer were down 24.6% for the week ended May 13 compared to a year ago — slightly worse than the 23.6% dip they suffered a week earlier.” 

But it’s not just Bud Light. Sentiment has turned against Bud Light parent Anheuser-Busch Inbev (AB Inbev) to the point that other brands at the company are seeing declining sales as well. Budweiser, Michelob Ultra, Natural Light, and Busch Light all experienced declines during the same period. AB Inbev has lost an “astonishing” $15.7 billion in value over the past six weeks.

Not surprisingly, Bud Light is also losing market share as former Bud Light consumers turn to competitors. Miller Light and Coors Light (both brewed by MolsonCoors) have seen a surge in sales as have independent brands Yuengling and Pabst Blue Ribbon. 

Why have so many consumers changed their mind? It appears the shift stems from an ill-fated ad campaign initiated by Bud Light executives in an attempt to pander to “transgender” activists and their ideological allies. In early April, Bud Light promoted social media posts with transvestite Dylan Mulvaney—who claims to be a woman—as a spokesperson. The post featured a newly issued can featuring an image of Mulvaney in commemoration of Mulvaney’s alleged “365 days of girlhood.” 

The response from many ordinary observers on Twitter was less than positive, with many denouncing AB Inbev for pushing a highly divisive politically charged ad campaign that many existing Bud Light drinkers found insulting. Several Conservative media outlets began to promote the boycott as well, and the boycott caught on among both well-known conservative pundits and among a larger number of users on social media platforms. Soon thereafter, sales of Bug Light began to fall quickly. The large numbers abandoning the brand, however, are too large to blame on just a small minority of right-wing political activists. Rather, Bud Light has apparently damaged its image with a large number of consumers, most of whom are likely uninterested in activism, but simply prefer a beer that is less political. 

At first, it was unclear that the boycott would have any discernible effect, given the sheer number of other beer brands under the AB Inbev umbrella. However, it soon became clear that the company was feeling the pinch. Two Bud Light executives behind the Mulvaney campaign were put on a “leave of absence” (i.e., fired). The corporation launched new ad campaigns in an attempt to win back consumers who had apparently lost interest in the company’s products. These new ads were nostalgic and hyper “patriotic” in character, and were transparently devised to appeal to former core consumers. These efforts, however, were mocked as insincere in social media. 

As the latest sales numbers suggest, however, these efforts have apparently not been working. A new report from Beer Business Daily concludes “We’ve never seen such a dramatic shift in national share in such a short period of time,” and that if the boycott continues, Bud Light risks losing its position as the nation’s best selling beer. 

If Bud Light’s decline continues, it will be because company executives committed the most basic sin of entrepreneurship and marketing: they were apparently more interested in their own preferences rather than the preferences of their customers. 

Where Did Bud Light Go Wrong? 

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A TUNE UP For Your EARS! + 6 VIEWER SYSTEMS!

Posted by M. C. on May 27, 2023

Turn it down, turn it up, turn around.

https://youtube.com/watch?v=U7PTiz7W5VM&feature=share

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There Is No Moral Right to Strike

Posted by M. C. on May 27, 2023

To say that one believes in the right to strike is comparable to saying that one endorses monopoly power to exclude business competitors; it is saying, in effect, that government-like control is preferable to voluntary exchange between buyers and sellers, each of whom is free to accept or reject the other’s best offer.

https://mises.org/wire/there-no-moral-right-strike

Gary Galles

Americans are in a time of rising labor unrest and activism, including multiple unionization campaigns, regulatory and legal changes to make it easier for unionization efforts to succeed, the “Fight for $15” minimum wage agitation, and the Hollywood writer’s strike. However, such discussions and campaigns seldom approach the issues involved from a moral perspective, beyond the implicit presumption that trying to force others to give you a raise must be moral.

That is why it is worth reconsidering Leonard Read’s bold argument that “There Is No Moral Right to Strike” in his The Coming Aristocracy (1969): “Rarely challenged is the right to strike. While nearly everyone in the population, including the strikers themselves, will acknowledge the inconvenience and dangers of strikes, few will question the right-to-strike concept.”

A quick Google search of “union strike” or “right to strike” quotes quickly verifies Read’s premise that the right to strike is broadly accepted. However, most discussions of strikes focus on their legality, rather than their morality. Read states that “The present laws of the United States recognize the right to strike; it is legal to strike. However, as in the case of many other legal actions, it is impossible to find moral sanction for strikes in any creditable ethical or moral code.”

That conclusion is dramatically at odds with one particular quote I came across in the search mentioned above that asserted that “The right to strike is a fundamental human right.”

Almost as if he was responding directly to that claim, Leonard Read focused on what he saw as the major source of confusion behind it—the difference between the right to quit, singly or as a group, and the right to strike, which goes much further:

This is not to question the moral right of a worker to quit a job or the right of any number of workers to quit in unison. Quitting is not striking, unless force or the threat of force is used to keep others from filling the jobs vacated. 

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The Boston Brahmins, WASPs, and Nazis: The Pursuit of Eugenics

Posted by M. C. on May 27, 2023

The Human Betterment Foundation would keep in contact with the Nazis, even mailing them a pamphlet to show the benefits Californians had experienced with forced sterilization. Their mutual admiration for each other was not a secret. While the Nazis adopted the American eugenic laws, US progressives were not bashful in promoting what Adolf Hitler’s henchmen were doing. In 1934, the Los Angeles County Museum displayed Nazi exhibits to boost support for eugenics. 

The elite and the state will always collude to destroy their peskiest enemy: you. May we never forget the atrocities this group circulated to the world, and may we always reject its evil, no matter what forms it may camouflage itself with.

Let me guess…He is talking about the World Economic Foundation.

https://mises.org/wire/boston-brahmins-wasps-and-nazis-pursuit-eugenics

Donavan Lingerfelt

During the progressive era, academia hastily adopted the inhumane pseudoscience of eugenics, and its results on the world were devastating. The influence of the Boston Brahmins in New England can explain the fervent adoption of this malignant belief. This elite and well-educated class of white Anglo-Saxon Protestants reeked of pomp and snobbery.

The origin of the term “Boston Brahmin” came from Oliver Wendell Holmes Sr. in his 1861 novel Elsie Venner. He chose the unique word “Brahmin” because in India they are the most distinguished caste. This is how the northeastern nobles wanted to be perceived in their neck of the woods.

There was no shortage of academics who propagated the eugenics movement. Richard T. Ely was a Columbia University graduate and persistently proselytized eugenic dogma. In 1901, he favored a bill proposed by an Indiana state senator, Thomas J. Lindley, to regulate marriage with the intent that the couple would not have “unfit” children. The state would examine their physical, mental, racial, and moral attributes to decide whether they could wed.

The US Army would conduct a test called the Army Alpha to evaluate soldiers’ intelligence. Richard Ely was pleased to learn the state could evaluate the hereditary status of human livestock. Ely blatantly disapproved of the “unfit” in his book Studies in the Evolution of Industrial Society. He states, “The sad fact, however, is not that of competition, but the existence of these feeble persons.” When India was amidst a famine, Ely called for their starvation to continue for the sake of “race improvement.” He also claimed black people were “grown up children and should be treated as such.”

Ely’s academic prowess, heavily seasoned with racism and eugenics, would unfortunately be passed on to his students. While at Johns Hopkins University, Ely mentored Woodrow Wilson. Eventually becoming Princeton University’s president, Wilson excluded black students from enrolling. Having absorbed the skewed beliefs of Ely, New Jersey governor Wilson signed a sterilization bill targeting the “hopelessly defective and criminal classes.”

Wilson was not the only university president to accept these beliefs. Stanford’s David Starr Jordan, Harvard’s Charles William Eliot, and the University of Wisconsin-Madison’s Charles Van Hise shared similar sentiments. Spewing his hate in San Francisco, Eliot told the crowd, “Each nation should keep its stock pure.” Van Hise declared that “human defectives should no longer be allowed to propagate the race.” Jordan believed entering into World War I was detrimental because the physically fit men would die and America would “breed only second-rate men.”

Serving on the board of trustees for the Human Betterment Foundation, Jordan was involved in this organization to observe potential benefits of forced sterilizations in California. Ezra Gosney, founder of this vile organization, coauthored a book with Paul Popenoe on the benefits of sterilization, which became popular enough to influence other states and countries to espouse eugenic legislation.

Sweden would sterilize over sixty thousand people from the 1930s to the 1970s. Their book would even be recognized and cited by Nazi party officials to enact their own program in 1933. Charles Goethe, a fellow eugenicist, wrote to Gosney congratulating him on his work being adopted by the Nazis:

You will be interested to know that your work has played a powerful part in shaping the opinions of the group of intellectuals who are behind Hitler. . . . I want you, my dear friend, to carry this thought with you for the rest of your life.

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Billionaire Funding ‘Abolish the Police’ Activists Invests in Private Security Start-Up

Posted by M. C. on May 26, 2023

Pierre Omidyar stands to gain financially from the rapid growth in private security.

So you now know what you are a part of when using eBay. I quit using using it’s evil twin PayPal a while ago.

https://substack.com/inbox/post/123798681

LEE FANG

Pierre Omidyar, the billionaire founder of eBay, is one of the most generous patrons of activist groups seeking to defund, or in some cases, even abolish police. 

Foundations connected to Omidyar have lavished financial support on anti-police activists in recent years. In June 2020, in response to protests over the police killing of George Floyd, funds tied to Omidyar’s philanthropic network announced donations of $500,000 to organizations supporting the protest movement.

The Movement for Black Lives, an “abolitionist” coalition of activists seeking to eradicate public policing, was one of the recipients of Omidyar money that year. Disclosures show that the Omidyar Network provided $300,000 to the group.

“When we say ‘defund and abolish the police,’ we mean exactly that,” the Movement for Black Lives stated in a press release.

In Chicago, the Movement for Black Lives partnered with a local group, Equity and Transformation, to “defund police.” Omidyar Network gave the partner group $100,000, tax records show.

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DeSantis and Trump diverge on The Fed, Big Government, and Bitcoin

Posted by M. C. on May 26, 2023

A generational gap reveals itself.

Notably, there is no more widely used tool for unlawful behavior than the U.S. Dollar, which is the preferred currency of terrorist organizations like ISIS.

JORDAN SCHACHTEL

Donald Trump and Ron DeSantis are ideologically aligned on most issues in their competition to win the Republican nomination for President of The United States. However, there are some key contrasts that provide a significant distinction between the two political rivals, and most of it has to do with the role of government in the economy.

Bitcoin

Ron DeSantis is unapologetically pro-Bitcoin and more broadly supports the rights of Americans to participate in a voluntary, market-based monetary system. In a Twitter Spaces Thursday evening, the Florida Governor made clear that he supports the use of bitcoin, and articulated why the Washington establishment disapproves of it. “I’ll protect the ability to do things like bitcoin,” he said, adding, “I don’t have an itch to control everything that people may be doing in this space.”

Moreover, Governor DeSantis has more broadly taken on the evolving digital space, drawing a distinction between distributed, decentralized assets like bitcoin, and government-backed tools for control and censorship. In Florida, he has implemented measures to forbid the use of any potential Central Bank Digital Currency (CBDC), warning that these tools can be used to implement a China-like Social Credit Score system in the United States. As governor, DeSantis has taken on the Davos ESG mafia, combatting the centralization of economic corporate and governmental power.

Trump, on the other hand, has long opposed bitcoin, claiming in a 2019 tweet that it is a tool of “unlawful behavior,” and that the government should take a more active role in regulating digital assets.

Notably, there is no more widely used tool for unlawful behavior than the U.S. Dollar, which is the preferred currency of terrorist organizations like ISIS.

In a 2021 in an interview with Fox News, Trump doubled down on his anti-bitcoin stance, declaring, “Bitcoin just seems like a scam. I don’t like it because it’s another currency competing against the dollar. I want the dollar to be the currency of the world; that’s what I’ve always said.”

President Trump has not publicly spoken about the potential threat posed by a CBDC or any other centralized monetary measures.

The Money Printer/The Fed

The former president has forwarded a convoluted message on monetary policy. On the one hand, he’s called for a return to the gold standard, and even, to his credit, tried to appoint the pro-gold standard Judy Shelton to the Federal Reserve Board. However, for most of his tenure as commander in chief, Trump was heavily in favor of unchecked monetary expansion and the growth of government as a whole.

Trump infamously encouraged Congress to authorize pandemic “emergency” spending of over 2 trillion dollars, and routinely proposed record budgets. These policies led to soaring inflation and the rapid debasement of Americans’ wealth. He ruthlessly attacked Rep Thomas Massie for opposing the money printing fiasco, and later supported an unsuccessful campaign to wage a primary battle against the Kentucky Republican.

For all his righteous condemnation of the “deep state” and the nefarious corporate agenda in politics, Trump’s policies acted to bolster the very forces he publicly opposes.

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Memorial Day

Posted by M. C. on May 26, 2023

An Interesting History

https://en.wikipedia.org/wiki/Memorial_Day

From Wikipedia, the free encyclopedia

“Decoration Day” redirects here. For other uses, see Decoration Day (disambiguation) and Memorial Day (disambiguation).

Memorial Day
The gravestones at Arlington National Cemetery are decorated with U.S. flags during Memorial Day weekend of 2008.
Official nameMemorial Day
Observed byAmericans
TypeFederal
ObservancesU.S. military personnel who died in service
DateLast Monday in May
2022 dateMay 30
2023 dateMay 29
2024 dateMay 27
2025 dateMay 26
FrequencyAnnual
First time1966

The Tomb of the Unknown Soldier located in Arlington National Cemetery

Memorial Day (originally known as Decoration Day[1]) is a federal holiday in the United States for honoring and mourning the U.S. military personnel who have died while serving in the United States Armed Forces.[2] It is observed on the last Monday of May. From 1868 to 1970, it was observed on May 30.[3]

Many people visit cemeteries and memorials on Memorial Day to honor and mourn those who died while serving in the U.S. military. Many volunteers place American flags on the graves of military personnel in national cemeteries. Memorial Day is also considered the unofficial beginning of summer in the United States.[4]

The first national observance of Memorial Day occurred on May 30, 1868.[5] Then known as Decoration Day, the holiday was proclaimed by Commander in Chief John A. Logan of the Grand Army of the Republic to honor the Union soldiers who had died in the Civil War.[6] This national observance was preceded by many local ones between the end of the Civil War and Logan’s declaration. Many cities and people have claimed to be the first to observe it. However, in 2022, the National Cemetery Administration, a division of the Department of Veterans Affairs, credited Mary Ann Williams with originating the “idea of strewing the graves of Civil War soldiers—Union and Confederate” with flowers.[7]

Official recognition as a holiday spread among the states, beginning with New York in 1873.[8] By 1890, every Union state had adopted it. The world wars turned it into a day of remembrance for all members of the U.S. military who fought and died in service. In 1971, Congress standardized the holiday as “Memorial Day” and changed its observance to the last Monday in May.

Two other days celebrate those who have served or are serving in the U.S. military: Armed Forces Day (which is earlier in May), an unofficial U.S. holiday for honoring those currently serving in the armed forces, and Veterans Day (on November 11), which honors all those who have served in the United States Armed Forces.[9]

Claimed origins[edit]

1870 Decoration Day parade in St. Paul, Minnesota

A variety of cities and people have claimed origination of Memorial Day.[5][10][11][12] In some such cases, the claims relate to documented events, occurring before or after the Civil War. Others may stem from general traditions of decorating soldiers’ graves with flowers, rather than specific events leading to the national proclamation.[13] Soldiers’ graves were decorated in the U.S. before[14] and during the American Civil War. Other claims may be less respectable, appearing to some researchers as taking credit without evidence, while erasing better-evidenced events or connections.[8][15]

Precedents in the South[edit]

Charleston, South Carolina[edit]

Of documented commemorations occurring after the end of the Civil War and with the same purpose as Logan’s proclamation, the earliest occurred in Charleston, South Carolina. On May 1, 1865, formerly enslaved Black adults and children held a parade of 10,000 people to honor 257 dead Union soldiers. Those soldiers had been buried in a mass grave at the Washington Race Course, having died at the Confederate prison camp located there. After the city fell, recently freed persons unearthed and properly buried the soldiers. Then, on May 1, they held a parade and placed flowers. The estimate of 10,000 people comes from contemporaneous reporting, more recently unearthed by Historian David W. Blight, following references in archived material from Union veterans where the events were also described. Blight cites articles in the Charleston Daily Courier and the New-York Tribune.[16]

No direct link has been established between this event and Logan’s 1868 proclamations. Although Blight has claimed that “African Americans invented Memorial Day in Charleston, South Carolina”,[17] in 2012, he stated that he “has no evidence” that the event in Charleston effectively led to General Logan’s call for the national holiday.[18][15]

85th Anniversary of Memorial Day

Virginia[edit]

On June 3, 1861, Warrenton, Virginia, was the location of the first Civil War soldier’s grave ever to be decorated, according to a Richmond Times-Dispatch newspaper article in 1906.[19] This decoration was for the funeral of the first soldier killed in action during the Civil War, John Quincy Marr, who fought and died on June 1, 1861, during a skirmish at Battle of Fairfax Courthouse in Virginia.[20]

1867 Decoration Day in Richmond, Virginia‘s Hollywood Cemetery

Jackson, Mississippi[edit]

On April 26, 1865, in Jackson, MississippiSue Landon Vaughan supposedly decorated the graves of Confederate and Union soldiers. However, the earliest recorded reference to this event did not appear until many years after.[21] Regardless, mention of the observance is inscribed on the southeast panel of the Confederate Monument in Jackson, erected in 1891.[22]

Columbus, Georgia[edit]

The United States National Park Service[23] and numerous scholars attribute the beginning of a Memorial Day practice in the South to a group of women of Columbus, Georgia.[21][24][25][26][27][28][29] The women were the Ladies Memorial Association of Columbus. They were represented by Mary Ann Williams (Mrs. Charles J. Williams) who, as Secretary, wrote a letter to press in March 1866 asking their assistance in establishing annual holiday to decorate the graves of soldiers throughout the south.[30] The letter was reprinted in several southern states and the plans were noted in newspapers in the north. The date of April 26 was chosen. The holiday was observed in Atlanta, Augusta, Macon, Columbus and elsewhere in Georgia as well as Montgomery, Alabama; Memphis, Tennessee; Louisville, Kentucky; New Orleans, Louisiana; Jackson, Mississippi, and across the south.[21] In some cities, mostly in Virginia, other dates in May and June were observed. General John A. Logan commented on the observances in a speech to veterans on July 4, 1866, in Salem, Illinois.[31] After General Logan’s General Order No. 11 to the Grand Army of the Republic to observe May 30, 1868, the earlier version of the holiday began to be referred to as Confederate Memorial Day.[21]

Columbus, Mississippi[edit]

A year after the war’s end, in April 1866, four women of Columbus gathered together at Friendship Cemetery to decorate the graves of the Confederate soldiers. They also felt moved to honor the Union soldiers buried there, and to note the grief of their families, by decorating their graves as well. The story of their gesture of humanity and reconciliation is held by some writers as the inspiration of the original Memorial Day despite its occurring last among the claimed inspirations.[32][33][34][35]

Other Southern precedents[edit]

According to the United States Library of Congress website, “Southern women decorated the graves of soldiers even before the Civil War’s end. Records show that by 1865, Mississippi, Virginia, and South Carolina all had precedents for Memorial Day.”[36] The earliest Southern Memorial Day celebrations were simple, somber occasions for veterans and their families to honor the dead and tend to local cemeteries.[37] In following years, the Ladies’ Memorial Association and other groups increasingly focused rituals on preserving Confederate culture and the Lost Cause of the Confederacy narrative.[38]

Precedents in the North[edit]

Gettysburg, Pennsylvania[edit]

The 1863 cemetery dedication at Gettysburg, Pennsylvania, included a ceremony of commemoration at the graves of dead soldiers. Some have therefore claimed that President Abraham Lincoln was the founder of Memorial Day.[39] However, Chicago journalist Lloyd Lewis tried to make the case that it was Lincoln’s funeral that spurred the soldiers’ grave decorating that followed.[40]

Boalsburg, Pennsylvania[edit]

On July 4, 1864, ladies decorated soldiers’ graves according to local historians in Boalsburg, Pennsylvania.[41] Boalsburg promotes itself as the birthplace of Memorial Day.[42] However, no published reference to this event has been found earlier than the printing of the History of the 148th Pennsylvania Volunteers in 1904.[43] In a footnote to a story about her brother, Mrs. Sophie (Keller) Hall described how she and Emma Hunter decorated the grave of Emma’s father, Reuben Hunter, and then the graves of all soldiers in the cemetery. The original story did not account for Reuben Hunter’s death occurring two months later on September 19, 1864. It also did not mention Mrs. Elizabeth Myers as one of the original participants. However, a bronze statue of all three women gazing upon Reuben Hunter’s grave now stands near the entrance to the Boalsburg Cemetery. Although July 4, 1864, was a Monday, the town now claims that the original decoration was on one of the Sundays in October 1864.[44]

National Decoration Day[edit]

General John A. Logan, who in 1868 issued a proclamation calling for “Decoration Day”

Orphans placing flags at their fathers’ graves in Glenwood Cemetery in Philadelphia, Pennsylvania on Decoration Day

On May 5, 1868, General John A. Logan issued a proclamation calling for “Decoration Day” to be observed annually and nationwide; he was commander-in-chief of the Grand Army of the Republic (GAR), an organization of and for Union Civil War veterans founded in Decatur, Illinois.[45] With his proclamation, Logan adopted the Memorial Day practice that had begun in the Southern states three years earlier.[21][30][46][47][48][49][50] The northern states quickly adopted the holiday. In 1868, memorial events were held in 183 cemeteries in 27 states, and 336 in 1869.[51]: 99–100  One author claims that the date was chosen because it was not the anniversary of any particular battle.[52] According to a White House address in 2010, the date was chosen as the optimal date for flowers to be in bloom in the North.[53]

Michigan state holiday[edit]

Memorial Day, Boston by Henry Sandham

In 1871, Michigan made Decoration Day an official state holiday and by 1890, every northern state had followed suit. There was no standard program for the ceremonies, but they were typically sponsored by the Women’s Relief Corps, the women’s auxiliary of the Grand Army of the Republic (GAR), which had 100,000 members. By 1870, the remains of nearly 300,000 Union dead had been reinterred in 73 national cemeteries, located near major battlefields and thus mainly in the South. The most famous are Gettysburg National Cemetery in Pennsylvania and Arlington National Cemetery, near Washington, D.C.[54]

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