the jere beasley report, jun. 2010

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  • 8/9/2019 The Jere Beasley Report, Jun. 2010

    1/40

    Kistriauthk tg gvhr 8?,444 suasoriahrs hfom cgntm

     www.AhfsehyFeehn.ogc

    Junh 1464

  • 8/9/2019 The Jere Beasley Report, Jun. 2010

    2/401  www.AhfsehyFeehn.ogc 

    I.

    OFTI[GE

    GA_HQPF[IGN_

    K HH  C IEH_  [ G  _ HQPH  G N  I CTGQ[FN[  [ GYG[F O GCCI[[HH 

    Xnithk _tfths Kistriot Juklh Jfchs P._henf mfs fppginthk Khh Ciehs `rgc gur

    `irc tg tmh vhry icpgrtfnt Eifisgn Ogc-

    citthh in tmh eitilftign flfinst [gygtf. Fs

     wh rhpgrthk efst cgntm, tmh X._. Jukioife

    Tfnhe gn Cueti-Kistriot Eitilftign shehothk

     Juklh _henf, wmg is `rgc tmh X._. Kistriot

    Ogurt `gr tmh Ohntrfe Kistriot g` Ofei`gr-

    nif, tg mhfr fee eitilftign frisinl gut g` tmh

    [gygtf _ukkhn Xninthnkhk Foohehrftign

    prgaehcs. [mis wiee inoeukh agtm inkivik-

    ufe phrsgnfe injury fnk khftm oefics fs

     whee fs fee ognsuchr Oefss Fotigns `iehk

    gn ahmfe` g` [gygtf gwnhrs.Khh, wmg mhfks up gur Ognsuchr

    @rfuk shotign, wfs shehothk `rgc f pgge

    g` cgrh tmfn 644 efwyhrs fnk efw `ircs

    tg mhep ehfk tmis eitilftign. [mgsh

    fppginthk tg tmh ogccitthh wiee ah in

    omfrlh g` kirhotinl tmis eitilftign `gr tmh

    hntirh oguntry, fs whee fs `gr sgch

    `grhiln oguntrihs tmft wiee ah inoeukhk,

    fnk tmft is fn fwhsgch rhspgnsiaieity.

    Efwyhrs fppginthk tg tmis ogccitthh

     wie e mfvh tmh jga g` lftmhr inl kgou-

    chnts, quhstigninl witnhsshs, frluinltmh ehlfe issuhs fnk prhpfrinl tmh ofsh

    `gr trife. [mh ogccitthh wiee fesg oggrki-

    nfth fny shttehchnt tmft cfy tfbh

    pefoh. [mis is f vhry icpgrtfnt fppgint-

    chnt fnk gnh tmft gur `irc tfbhs shri-

    gusey. [gygtf is f tgulm gppgnhnt fnk wh

    kgn’t hxphot tmhc tg rgee gvhr fnk pefy

    khfk. [mhy pefy mfrk afee fnk frh ferhfky

     wflinl f `uee-aegwn puaeio rheftigns ofc-

    pfiln. Aut fppgintchnt tg tmh ogccit-

    thh puts gur `irc in f ehfkhrsmip rgeh in

    tmis icpgrtfnt eitilftign. Munkrhks g`

    [gygtf efwsuits mfvh ferhfky ahhn `iehk

    in `hkhrfe fnk stfth ogurts frgunk tmh

    oguntry.

    T QH_IKHN[  G AFCF N GCINF[H_  H EHNF B FLFN  @ GQ  X._. _ XTQHCH  O GXQ[ 

    _geioitgr Lhnhrfe Hehnf Bflfn mfs ahhn

    ngcinfthk tg tmh X._. _uprhch Ogurt ay

    Trhsikhnt Gafcf. In cy gpinign, tmh

    `grchr Khfn g` tmh Mfrvfrk Efw _omgge

    is fn hxoheehnt omgioh. Gnoh smh is ogn-

    `irchk ay tmh _hnfth, tmh Xnithk _tfths

     wiee mfvh tmrhh wgchn Justiohs `gr tmh

    `irst tich in its mistgry. \mieh Bflfn mfs

    nhvhr ahhn f juklh, smh mfs hnjgyhk f trh-

    chnkgus ehlfe ofrhhr. _mh wfs tmh `irst

    `hcfeh khfn g` Mfrvfrk Efw _omgge, fnk

    tmh `irst wgcfn tg shrvh fs tmh tgp_uprhch Ogurt efwyhr `gr fny fkcinis-

    trftign. _mh wiee suoohhk Justioh Jgmn

    Tfue _thvhns wmg mfs ahhn f pgsitivh

    `groh gn tmh Milm Ogurt `gr f vhry egnl

    tich. Ft 84 yhfrs gek, Bflfn wguek ah

    tmh ygunlhst Justioh gn tmh Ogurt.

    Aut tmh ngcinhh cust `irst win _hnfth

    ogn`ircftign. Mhr rhputftign `gr arinlinl

    `gebs g` ogcphtinl vihws tglhtmhr fnk

    hfrninl tmhir rhsphot wiee mhep mhr win

    _hnfth ogn`ircftign. \mieh I aheihvh it

     wguek ah f ail cistfbh `gr Qhpuaeiofnstg prhvhnt f vgth gn tmis ngcinhh, tmhy

    ohrtfiney mfvh hvhry rilmt tg quhstign

    mhr in ogn`ircftign mhfrinls gvhr mhr

    qufei`ioftigns. Aut unkuh khefy wgn’t

    pefy whee witm tmh puaeio.

    Bflfn mgeks f Afomhegr’s khlrhh `rgc

    Trinohtgn, f Cfsthr’s `rgc Gx`grk fnk f

    efw khlrhh `rgc Mfrvfrk. _mh shrvhk fs f

    _uprhch Ogurt oehrb `gr gnh g` mhr ehlfe

    mhrghs, Justioh [murlggk Cfrsmfee. Fnk

    ah`grh tmft, smh oehrbhk `gr @hkhrfe

     Fpphfes Ogurt Juklh Fanhr Cibvf, wmg

    efthr ahofch fn icpgrtfnt pgeitiofechntgr tg Trhsikhnt Gafcf in Omioflg.

    In mhr ourrhnt jga, Bflfn rhprhshnts tmh

    X._. lgvhrnchnt fnk kh`hnks fots g` Ogn-

    lrhss ah`grh tmh _uprhch Ogurt fnk

    khoikhs wmhn tg fpphfe egwhr ogurt

    rueinls. Mhr phr`grcfnoh fs tmh lgvhrn-

    chnt’s efwyhr ah`grh tmh Milm Ogurt gvhr

    tmh efst yhfr mfs ahhn cgst icprhssivh.

    Bflfn wguek ah tmh `gurtm wgcfn tg

    shrvh gn tmh _uprhch Ogurt, `geegwinl

    ourrhnt Justiohs Qutm Afkhr Linsaurl

    fnk _gnif _gtgcfygr fnk rhtirhk Justioh_fnkrf Kfy G’Ognngr. Afrrinl hxtrfgrki-

    nfry oiroucstfnohs, _geioitgr Lhnhrfe

    Hehnf Bflfn smguek mfvh f rheftivhey

    scggtm ogn`ircftign tg tmh _uprhch

    Ogurt. _hvhn Qhpuaeiofns vgthk `gr mhr

    ngcinftign tg ah _geioitgr Lhnhrfe,

    cfbinl it uneibhey tmh LGT ofn uni`y

    hngulm tg sustfin f `ieiausthr.

    _guroh: Fssgoifthk Trhss

    FEFAFCF T HNFEIZH_  G XQ  T GGQH_[  [ F]TFYHQ_  

    [mh X._. Ohnsus Aurhfu is rhpgrtinl

     wmft cgst g` us mfvh ferhfky bngw: Fef-

    afcifns pfy tmh nftign’s egwhst stfth

    fnk egofe tfxhs phr phrsgn. \mieh tmft

    sgunks lggk, it’s ngt lggk `gr cfny g`

    gur `heegw oitizhns. [mft’s ahofush

     Fefafcf f̀cieihs ft tmh pgvhrty ehvhe pfytmh nftign’s milmhst inogch tfx aiee fnk

    tmft’s ngtminl tg ah prguk g`. [mh fnnufe

    rhpgrt ay tmh Ohnthr gn Auklht fnk

    Tgeioy Trigritihs, f ngnprg`it rhshfrom

    lrgup in \fsminltgn, K.O., is f lggk

    sguroh g` in`grcftign gn tmh suajhot.

    IN [MI_ I__XH

    I. Ofpitge Gashrvftigns . . . . . . . . . . . . . . . 1

    II. F Qhpgrt gn tmh Lue` Ogfst Kisfsthr . . . . ?

    III. Krul Cfnu`foturhrs @rfuk Eitilftign . . <IP. Turhey Tgeitiofe Nhws & Pihws . . . . . . . . =

     P. Qhohnt _httehchnts ay @irc . . . . . . . . . 64

     PI. Ogurt \ftom. . . . . . . . . . . . . . . . . . . . . 66

     PII. [mh Nftignfe _ohnh . . . . . . . . . . . . . . . 61

     PIII. [mh Ogrpgrfth \grek . . . . . . . . . . . . . . 6;

    I]. Ognlrhssignfe Xpkfth . . . . . . . . . . . . . 68

     ]. [gygtf Eitilftign . . . . . . . . . . . . . . . . . 60

     ]I. Trgkuot Eifaieity Xpkfth . . . . . . . . . . . 6=

     ]II. Cfss [grts Xpkfth . . . . . . . . . . . . . . . . 69

     ]III. Ausinhss Eitilftign . . . . . . . . . . . . . . . . 16

     ]IP. Fn Xpkfth gn _houritihs Eitilftign . . . . 11

     ]P. Insurfnoh fnk @infnoh Xpkfth . . . . . . 1;

     ]PI. Hcpegychnt fnk @E_F Eitilftign . . . . . 1;

     ]PII. Trhkftgry Ehnkinl . . . . . . . . . . . . . . . . 1;

     ]PIII. Trhcishs Eifaieity Xpkfth . . . . . . . . . . . 18

     ]I]. \grbpefoh Mfzfrks . . . . . . . . . . . . . . . 10

     ]]. [rfnspgrtftign . . . . . . . . . . . . . . . . . . . 10

     ]]I. Fraitrftign Xpkfth . . . . . . . . . . . . . . . . 1<

     ]]II. Hnvirgnchntfe Ognohrns . . . . . . . . . . . 1<

     ]]III. [mh Ognsuchr Ogrnhr . . . . . . . . . . . . . 1=

     ]]IP. Qhofees Xpkfth . . . . . . . . . . . . . . . . . . . ?4

     ]]P. @irc Fotivitihs . . . . . . . . . . . . . . . . . . . ?8

     ]]PI. _phoife Qhoglnitigns . . . . . . . . . . . . . . ?0

     ]]PII. @fvgrith Aiaeh Phrshs . . . . . . . . . . . . . . ?<

     ]]PIII. Oegsinl Gashrvftigns . . . . . . . . . . . . . . ?=

     ]]I]. Tfrtinl \grks . . . . . . . . . . . . . . . . . . . ?9

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    Bicaeh @grristhr, hxhoutivh kirhotgr g`

    tmh Frish Oitizhns’ Tgeioy Trgjhot, mfk tmis

    tg sfy fagut tmh situftign:

     Fefafcf cfy ah ofeehk f ”egw-tfx

     stfth,’ aut gur tfxhs frhn’t egw `gr

    hvhrygnh. Egw- fnk cikkeh-inogch

     Fefafcifns strulleh tg cfbh hnks

    chht, aut ogcpfrhk tg gtmhrs

    forgss tmh oguntry, tmhy pfy f milm sfehs tfx gn lrgohrihs, fnk tmhy pfy

    twioh fs efrlh f smfrh g` tmhir

    inogchs in stfth fnk egofe tfxhs fs

    tmh tgp 6% g` hfrnhrs kg. Fef- 

    afcf’s tfx systhc is upsikh kgwn

    fnk gut g` sthp witm gur nhilmagrs.

     Fefafcifns pfy milm sfehs tfxhs gn

    lrgohrihs ogcpfrhk tg `gebs in gtmhr

    stfths. In `fot, Fefafcf is gnh g` just twg

    stfths tmft tfx tmh `uee fcgunt gn `ggk.

    Cississippi is tmh gtmhr stfth fnk I kgn’t

    luhss tmft’s f ail surprish. Gtmhr stfthshxhcpt `ggk, omfrlh f rhkuohk fcgunt

    gr g``hr tfx orhkits tg pggr `fcieihs.

    [mh milm stfth inogch tfx fnk `uee

    sfehs tfx gn `ggk cfbhs it vhry tgulm gn

    egw-inogch `fcieihs in Fefafcf. @fcieihs

     witm inogchs in tmh egwhst 14%, witm fn

    fvhrflh inogch g` $64,;44 f yhfr, pfy

    64.1% g` tmhir inogchs in stfth fnk egofe

    tfxhs, foogrkinl tg tmh Instituth gn [fxf-

    tign fnk Hogngcio Tgeioy. Yht, Fefafcifns

    in tmh tgp 6% g` inogchs, witm fn

    fvhrflh inogch g` $6.1 cieeign, pfy just

    ;% g` tmhir inogchs in stfth fnk egofe

    tfxhs f`thr tmh `hkhrfe khkuotign. In gur

    stfth tmh whfetmihst Fefafcifns ofn

    khkuot `hkhrfe inogch tfxhs tmhy pfy

    `rgc tmhir tfxfaeh stfth inogch. Fefafcf

    is gnh g` tmrhh stfths tmft lrfnt tmh

    `hkhrfe khkuotign in `uee. Fee phrsgns

     wmgsh inogch pefohs tmhc in tmh tgp

    6% g` inogchs smguek mhep ognvinoh gur

    Lgvhrngr fnk ehliseftgrs tg `ix tmis situf-

    tign.

    [mh kftf `rgc tmh Instituth smgw tmft

    ft ehfst 04% g` Fefafcf `fcieihs pfy fmilmhr smfrh g` tmhir inogchs in tfxhs

    tmfn tmh stfth fvhrflh. \itmgut fny

    kguat, Fefafcf’s inhquitfaeh tfx systhc

    mfs ogch fagut fs tmh rhsuet g` sphoife

    inthrhst in`euhnoh. Gvhr tmh yhfrs, tmh

    Ehlisefturh, prgcpthk ay egaayists, mfs

    prgvikhk eggpmgehs fnk hxhcptigns `gr

    sphoife inthrhsts in gur stfth’s tfx

    efws. Fesg, tmh stfth ognstitutign wmiom

    prgthots tmh whfetmy is pfrt g` tmh

    prgaehc. Fee tglhtmhr, cuom g` tmh stfth’s

     whfetm is smhethrhk ̀ rgc ahinl tfxhk. [mh

    tfx systhc is khsilnhk tg `fvgr tmh riom

    gvhr tmh pggr. Mgph`ueey, in tmh nhfr

    `uturh wh wiee shh sgch rhfe tfx rh`grc

    in gur stfth fnk livh rheih` tg egw-inogch

     Fefafcf ̀ fcieihs.

    _guroh: Aircinlmfc Nhws 

    @KIO Q HTGQ[_  G N  O GEGNIFE A FNB  T QGAEHC_ 

     F nhw rhpgrt gn tmh khftm g` Cgnt-

    lgchry-afshk Ogegnife Afnb inkiofths

    tmft tmh ogcpfny aht `fr tgg mhfviey gn

    risby rhfe-hstfth egfns. [mh afnb’s ofush

    g` khftm wfs rhfe-hstfth leuttgny, f efahe

    put gn Ogegnife ay tmh @hkhrfe Khpgsit

    Insurfnoh Ogrp., in f rhpgrt gn tmh

    afnb’s Fulust `fieurh. Fs wfs wikhey

    rhpgrthk, Cgntlgchry-afshk Ogegnife

    ogeefpshk in tmh sixtm-efrlhst afnb `fieurhin Fchriofn mistgry. [mh @KIO sfik it

    ngw hxphots tg egsh $?.= aieeign‛rftmhr

    tmfn $1.< aieeign‛`rgc tmh `fee g` f afnb

    tmft mfk $18.1 aieeign in fsshts. I kgn’t

    aheihvh tmh cftthr is oegshk ft tmis juno-

    turh. _gch g` tmh issuhs rfishk ay tmh

    @KIO rhpgrt frh quith kisturainl. \mieh

    tmh `fieurh g` Ogegnife Afnb mfs murt tmh

    hntirh stfth, cgst g` tmh murt is in Cgnt-

    lgchry. It wfs f cfjgr aegw tg tmh

    Ofpitfe Oity.

    _guroh: Fe.ogc

    II.

    F QHTGQ[ GN [MH

    LXE@ OGF_[

    KI_F_[HQ

    AT T X[  T HGTEH  FNK  T QGTHQ[Y  I N  T HQIE

     Fee g` tmh wgrek ngw bngws fagut tmhcfssivh gie spiee rhsuetinl `rgc tmh

    hxpegsign fnk sinbinl g` tmh gie peft`grc

    Khhpwfthr Mgrizgn in tmh Lue` g`

    Chxiog gn Fprie 14tm . \mhn wh shnt tmis

    issuh tg tmh printhr, ft ehfst 184,444

    afrrhes g` gie mfk ferhfky ahhn spieehk

    intg tmh Lue`. Fotufeey, tmft cilmt ah f

    ognshrvftivh nucahr. Xn`grtunfthey, tmh

    h``grts tg stgp tmh spiee mfvh ahhn efrlhey

    unsuoohss`ue. It ngw fpphfrs tmhrh is ng

    quiob `ix fvfiefaeh. In `fot, cfny aheihvh

    tmft tmh fcgunt g` gie ahinl spieehk is

    thn tichs wgrsh tmfn is inkiofthk ay

    cfny rhpgrts.

    [mh ogcpfnihs rhspgnsiaeh `gr tmis

    kisfsthr cust ah mhek fooguntfaeh `gr tmh

    kfcflhs kgnh fnk tmhy cust ah cfkh tg

    `ueey ogcphnsfth fee g` tmh `gebs wmg wiee

    ah murt afkey ay wmft mfs mfpphnhk. AT

    fnk fee rhspgnsiaeh pfrtihs cust rhpfirtmh hogegliofe kfcflh, cfbh `uee fnk

    prgcpt rhpfrftigns tg hvhry sinleh

    phrsgn wmgsh eivheimggk wfs tfbhn fwfy

    gr lrhftey kfcflhk, fnk pfy fpprgprifth

    fnk `uee kfcflhs tg fee viotics in f ogurt

    g ̀efw.

    I fc ognvinohk tmhrh rhfeey frhn’t fny

    lggk gie ogcpfnihs, aut AT mfs ahhn

    khvfstftinley afk. @gr hxfcpeh, AT

    hehothk ngt tg instfee f $844,444 sf`hty

    khvioh tmft oguek mfvh prhvhnthk tmis

    kisfsthr. F ogcpfny tmft cfkh $16.0aieeign in prg`its in 144= fegnh rh`ushk tg

    sphnk $844,444 tg sf`hlufrk tmh phgpeh

    gn tmh ogfst `rgc wmft mfs turnhk intg

    tmh wgrst gie spiee g` fee tich. Fs tmh

    invhstilftigns prgohhk, cgrh fnk cgrh is

    ahinl unogvhrhk fagut tmh `fiehk sf`hty

    chfsurhs in pefoh, fnk fesg fagut tmgsh

    tmft whrh fvfiefaeh aut whrh nhvhr

    instfeehk gn tmh ril.

    [mis isn’t tmh `irst tich AT mfs mfk

    cfjgr prgaehcs. @gr hxfcpeh, AT mfs

    pehfkhk luiety in just tmh efst `hw yhfrs

    tg twg orichs, wiee`ue kisrhlfrk `gr wgrb-pefoh sf`hty, fnk hnhrly cfrbht cfnipu-

    eftign. F \fsminltgn-afshk rhshfrom

    lrgup sfys twg AT rh`inhrihs in tmh

    X._. Foogunt `gr 9

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    sivh tmrgulmgut tmh X._. phtrgehuc

    inkustry. [mft’s cgst kisturainl.

    It’s tich tg rhfeizh tmft tmh gie ogcpf-

    nihs cust ah prgphrey rhluefthk ay tmh

    `hkhrfe lgvhrnchnt fnk tmhir fotivitihs

    ofrh`ueey cgnitgrhk. AT fnk fee gtmhr gie

    ogcpfnihs cust ah cfkh tg gahy fnk

    `geegw tmh efw. Inthrigr _horhtfry Bhn

    _fefzfr fkcits tmft tmh `hkhrfe lgvhrn-

    chnt mfs `fiehk tg mgek tmh gie inkustryfooguntfaeh fnk hnsurh sf`hty in g``-

    smgrh gie krieeinl. Mh prgcishs tg livh

    ―cgrh tgges, cgrh rhsgurohs, cgrh inkh-

    phnkhnoh fnk lrhfthr futmgrity– tg tmh

    Cinhrfes Cfnflhchnt _hrvioh, wmiom

    rhluefths krieeinl in tmh Lue` g` Chxiog.

    Aut tmh pricfry hcpmfsis ngw cust ah

    gn mhepinl tmgsh wmg wiee nhhk mhep

    ahofush g` tmh cfssivh prgaehcs AT fnk

    gtmhrs mfvh ofushk.

    G XQ  @ IQC  \ IEE A H  I NPGEPHK  I N  [ MH  AT G IE _ TIEE EI[ILF[IGN  

    Hxphrts frh ofeeinl tmh Lue` gie spiee tmh

     wgrst hnvi rgnchntf e or is is in tm is

    oguntry in rhohnt chcgry fnk phrmfps

    hvhr. It oehfrey fpphfrs tmis gnh wiee

    hoeipsh tmh Hxxgn Pfekhz kisfsthr. [mh

    hogngcio icpfot wiee fesg ah lrhfthr

    tmfn tmft ofushk ay murr iofnh

    Bftrinf. [mh cfssivh gie spiee wiee ohr-

    tfiney nhlftivhey f``hot tmh hntirh Lue`

    ogfsteinh fnk wiee fotufeey f``hot `gebs`urtmhr inefnk. [mis inoeukhs f nhlftivh

    hogngcio icpfot gn tmgusfnks wmg

    hfrn tmhir eivheimggk in tmh shf`ggk

    inkustry, fs whee fs in tgurisc in tmh frhf,

    itshe` f cfjgr inkustry fegnl tmh Lue`

    Ogfst. \itmgut f kguat, tmh hnvirgnchn-

    tfe icpfot wiee ah shvhrh, witm gie fnk

    ayprgkuots kfcflinl `rflieh cfrsmefnks,

    cfrinh fnk airk ei`h. [mh ogfstfe stfths

    mfvh nhvhr hxphrihnohk fnytminl eibh

    tmis kisfsthr.

    Gur `irc is rhprhshntinl f nucahr g`

    oeihnts wmg mfvh ahhn murt fnk kfcflhk

    in tmh Lue` Ogfst stfths in tmh AT gie spiee

    eitilftign. \h mfvh `iehk f nucahr g` oefss

    fotign efwsuits flfinst AT, peo2 AT Trgk-

    uots Ngrtm Fchriof Ino., AT Fchriof Ino.,

    [rfnsgohfn Etk., [rfnsgohfn G``smgrh

    Khhpwfthr Ino., Mfeeiaurtgn Hnhrly _hr-

     viohs Ino., fnk Ofchrgn Inthrnftignfe

    Ogrpgrftign. Fee g` tmhsh ogcpfnihs frh

    rhspgnsiaeh `gr tmh trflio goourrhnoh

    fnk wiee mfvh tg foogunt `gr tmhir wrgnl-

    kginl.

     \h frh rhprhshntinl inkivikufes fnk

    ausinhsshs tmft mfvh inourrhk kfcflhs

    ofushk ay tmh kisfsthr. [mh egsshs wiee

    ogvhr f vhry wikh rfnlh, inoeukinl rhfe

    prgphrty kfcflhs, phrsgnfe prgphrty

    kfcflhs, egss g` prg`its fnk hfrninl

    ofpfoity, egss g` ogcchroife fnk suasis-

    thnoh ush g` nfturfe rhsgurohs, inorhfshkogsts g` puaeio shrviohs fnk egss g` rhvh-

    nuhs. [mh ofshs `iehk sg `fr frh in `hkhrfe

    ogurts in Fefafcf, Eguisifnf fnk [hxfs.

    Ay tmh tich tmis issuh is rhohivhk ofshs

     wi ee mfvh ahhn `i ehk in @egr ikf fnk

    Cississippi.

    Gur ognohrns `gr tmh phgpeh fegnl tmh

    Lue` Ogfst ogntinuh tg lrgw fs wh

    cgnitgr tmis situftign fnk gie ogntinuhs

    tg spiee intg tmh Lue`. [mh situftign is

    hsphoifeey kistrhssinl in Fefafcf, Eguisi-

    fnf, Cississippi fnk @egrikf, wmhrh sgcfny phgpeh khphnk gn tmh wfthrs `gr

    tmhir eivheimggk. [hxfs oitizhns wiee fesg

    ah fkvhrshey f``hothk i` tmh gie lhts tmft

    `fr fnk it fpphfrs tmft it wiee. Gur `irc

    mfs ahhn in hxthnsivh eitilftign witm tmh

    pgwhr`ue gie inkustry in tmh pfst fnk wh

    bngw `irst-mfnk ogcpfnihs eibh AT ofn’t

    fewfys ah trusthk tg kg tmh rilmt tminl.

    Gur `irc mfs fn hxphrihnohk [gxio

    [grt shotign tmft inoeukhs efwyhrs fnk

    stf`` wmg mfvh mfnkehk nuchrgus ofshs

    invgevinl hnvirgnchntfe kisfsthrs. Trg-

    thotign g` phgpeh, tmhir prgphrty, fnktmhir eivheimggk `rgc efrlh ogrpgrfth pge-

    euthrs mfs ahhn gnh g` gur `irc’s tgp pri-

    gritihs. Gur efwyhrs frh `ilmtinl tg cfbh

    f ki``hrhnoh in tmh eivhs g` tmgsh tmrhft-

    hnhk ay hnvirgnchntfe pgeeutign. \h our-

    rhntey frh mfnkeinl oefss fotign eitilftign

    flfinst tmh [hnnhsshh Pfeehy Futmgrity in

    tmh efrlhst ogfe fsm spiee in X._. mistgry.

    @rgc tmh efrlhst tgxio tgrt shttehchnt in

    X._. mistgry `gr TOA ogntfcinf-

    tign‛$

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    Trhsikhnt Gafcf wfs fsbhk tg tfbh fee

    ehlfe sthps nhohssfry tg efy aefch `gr tmh

    cfssivh Lue` gie ehfb fnk wfs fsbhk tg

    oehfr tmh wfy `gr pgssiaeh ogurt fotign.

    Trhsikhnt Gafcf cfkh it oehfr kurinl f

     visit tg tmh Eguisifnf ogfst gn Cfy ?rk 

    tmft mh wiee cfbh AT pfy `gr tmh

    oehfnup. F `grcfe khoefrftign g` rhspgn-

    siaieity is nhhkhk ah`grh tmh Fttgrnhys

    Lhnhrfe ofn tfbh ehlfe fotign flfinst ATgr fny gtmhrs ogcpfnihs. I fc ogn`ikhnt

    Trhsikhnt Gafcf wiee kg wmfthvhr is

    nhohssfry witmin mis futmgrity tg prgthot

    rhsikhnts in tmh Lue` Ogfst stfths.

    [mh \mith Mgush mfs ferhfky ahhn

     wgrbinl tg ei t̀ tmh eicit gn mgw cuom AT

    pfys `gr tmh Lue` Ogfst gie spiee. [mh Trhs-

    ikhnt wfnts Ognlrhss tg omfnlh f efw

    tmft ofps ft $

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     Ft tmh tich, Cfsgn, wmg wfs wgrbinl

    `gr Nfagrs Fefsbf Krieeinl Ino., f AT ogn-

    trfotgr gn tmh Ngrtm _egph, sfik mh wit-

    nhsshk twg aegwguts g` AT whees gn tmh

    Ngrtm _egph in 144?‛gnh gn Juey ? rk 

    fnk gnh gn Khohcahr 0tm . Cfsgn sfik

    tmhn tmft omhftinl gn aegwgut prhvhn-

    tign thsts wfs f wfy g` ei`h in tmh gie

    inkustry. Mh gashrvhk, ―tmhy omhft tg sfvh

    cgnhy fnk tich.– [mh gie inkustry vhthrfnsfik mh phrsgnfeey witnhsshk AT cfnfl-

    hrs rhphfthkey omhftinl gn aegwgut prh-

     vhntign thsts . I` wmft Cfsgn sfys is

    foourfth, it thees us egts fagut AT fnk it

    fesg thees us f lrhft khfe g` mgw inhpt tmh

    `hkhrfe lgvhrnchnt rhlueftgrs mfvh

    ahhn. Ft tmh vhry ehfst, tmh feehlftigns

    cfkh ay Cfsgn smguek mfvh lgtthn tmh

    ftthntign g` tmh rhlueftgrs fnk fesg g`

    tmh Trhsikhnt fnk Ognlrhss.

    F EGGB  F[  \ MF[  M F_  [ QFN_TIQHK 

    _g eht’s tfbh f eggb ft wmft mfs ahhn

    lginl gn witm tmh aegwgut prhvhnthrs.

    It’s ahinl rhpgrthk tmft `hkhrfe rhlueftgrs

     wfrnhk g``smgrh ril gphrftgrs cgrh tmfn

    f khofkh flg tmft tmhy nhhkhk tg instfee

    afobup systhcs tg ogntrge tmhsh lifnt

    unkhrshf vfevhs bngwn fs aegwgut prh-

     vhnthrs, wmiom frh ushk tg out g`` tmh

    `egw g` gie `rgc f whee in fn hchr-

    lhnoy. [mh aegwgut prhvhnthrs (AGT),

     wmiom ofn whilm up tg 0;4,444 pgunks,lufrk tmh cgutms g` whees. [mh AGTs frh

    tg ah tmh efst kh`hnsh tg omgbh g`` unin-

    thnkhk rhehfshs, sefccinl f lusminl piph

     witm up tg 6 cieeign pgunks g` ̀ groh.

    [mhsh wfrninls whrh rhphfthk in

    144; fnk 1449. Yht tmh CC_, wmiom is

    omfrlhk witm rhlueftinl tmh gie inkustry

    fnk ogeehotinl rgyfetihs `rgc it, nhvhr

    tggb sthps tg fkkrhss tmh issuh ogcprh-

    mhnsivhey. Insthfk, CC_ rheihk gn inkus-

    try fssurfnohs tmft tmh gie ogcpfnihs

     whrh gn tgp g` tmh prgaehc. In fkkitigntg tmh Ogrpgrfth Orich Qhpgrthr  in`gr-

    cftign, tmhrh whrh nuchrgus wfrninl

    silnfes tmft fppfrhntey whrh ilngrhk ay

    CC_ fnk tmh gie inkustry. Nuchrgus

    aegwgut prhvhnthrs fnk tmhir ogntrge

    systhcs mfvh `fiehk gvhr tmh yhfrs,

    tmgulm ngnh fs oftfstrgpmiofeey fs tmgsh

    gn tmh whee tmh Khhpwfthr Mgrizgn kriee-

    inl ril wfs prhpfrinl wmhn it aehw up

    gn Fprie 14tm . CC_ rhogrks smgw tmft

    `rgc 1446 tg 144

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     vfeuh g` its vhsshe fnk ofrlg. Xnkhr tmis

    fntiqufthk efw, tmh smip gwnhr wguek

    mfvh tg smgw it mfk ng bngwehklh g`

    nhleilhnoh rhsuetinl in tmh smip’s

    khstruotign fnk suashquhnt ognsh-

    quhnohs. [mh Khhpwfthr Mgrizgn gie

    krieeinl ril wfs ognsikhrhk f vhsshe unkhr

    X._. cfritich efw ahofush it is ofpfaeh g`

    ahinl nfvilfthk. Foogrkinl tg tmis efw,

    [rfnsgohfn oefics tmh vfeuh g` tmh Khhp- wfthr Mgrizgn wrhob ft just unkhr $1<

    cieeign.

    It’s oehfr [rfnsgohfn is ftthcptinl tg

    eicit its cfssivh ehlfe eifaieity ay `ieinl

    tmis efwsuit. [mh ogcpfny fnk gtmhrs

     wiee gwh thns g` aieeigns g` kgeefrs tg tmh

    tmgusfnks g` `gebs wmg wiee ah afkey

    murt fnk kfcflhk ay tmh cfssivh gie

    spiee. [mis is f aeftfnt ftthcpt tg eicit tmft

    hxpgsurh tg gney $1< cieeign. [ryinl tg

    tfbh fkvfntflh g` fn fntiqufthk stftuth

     wmiom wfs nhvhr inthnkhk tg fppey tg fcfssivh kisfsthr g` tmis cflnitukh smgws

    mgw eitteh rhlfrk tmh agsshs ft [rfns-

    gohfn rhfeey mfvh `gr tmh `gebs wmg mfvh

    ahhn afkey murt fnk kfcflhk ay tmhir

    fotigns. In `fot, wmft [rfnsgohfn kik is

    fagut fs afk fs fnytminl f ogrpgrfth

    hntity witm thrri`io ehlfe hxpgsurh oguek

    mfvh kgnh in fn ftthcpt tg `urtmhr murt

    tmh `gebs tmhy mfvh ferhfky afkey murt. I

    kgn’t aheihvh fny ogurt wiee feegw aie-

    eigns g` kgeefrs in kfcflhs tg ah eicithk

    ay `ieinl f eicitftigns efwsuit `rgc tmh

    6=44s suom fs tmis gnh. \mft [rfnsgohfnkik wfs smfch`ue. Gur `irc wiee tfbh fee

    fpprgprifth fotign gn ahmfe` g` gur

    oeihnts fnk gtmhrs tg prgthot tmhir inthr-

    hsts fnk tg cfbh surh ng wrgnlkghr lhts

    g`` tmh mggb.

    O MHCIOFE_  X _HK  [ G  @ ILM[  L XE@  G IE C FY  A H  F C FJGQ  T QGAEHC 

    Hnvirgnchntfe tgxiogeglists frh ngw

    sfyinl tmft tmh gie kisphrsfnts ahinl

    sprfyhk gn tmh gie seiob cfy ah cgrh kht-

    richntfe tg tmh Lue` hnvirgnchnt tmfn

    tmh gie itshe`. I` tmft’s truh, it cfy turn gut

    tg ah f cuom aillhr prgaehc tmfn

    fnyagky bngws ft prhshnt. Munkrhks g`

    tmgusfnks g` lfeegns g` f ognogotign‛f

    cix g` omhciofes ogeehotivhey bngwn fs

    ―kisphrsfnt–‛mfvh ferhfky ahhn

    krgpphk in tmh Lue` tg try tg arhfb up

    tmh ggzinl gie, feegwinl it tg khogcpgsh

    cgrh quiobey gr hvfpgrfth ah`grh

     wfsminl fsmgrh. Xn`grtunfthey, ngagky

    rhfeey bngws wmft tmh smgrt rfnlh fnk

    efstinl h``hots g` tmh omhciofes ushk wiee

    ah. In `fot, tmh cfssivh gie ehfb in tmh Lue`

    g` Chxiog mfs ahogch tmh thstinl

    lrgunk `gr f nhw thomniquh wmhrh f

    pgthnt cix g` omhciofes is smgt khhp

    unkhrshf in fn h``grt tg stgp gie `rgc

    rhfominl tmh sur`foh._oihntists mfvh ahhn murrihkey whilm-

    inl tmh hogegliofe risbs fnk ahnh`its g`

    usinl tmh omhciofes. Gney tich wiee thee

    mgw afk tmh h``hots `rgc tmh omhciofes

     wiee ah. Mgph`ueey, tmh icpfot wgn’t ah fs

    lrhft fs sgch `hfr it wiee ah. Aut tmhrh is

    hvhry inkioftign tmft tmis wiee ah f cfjgr

    frhf g` ognohrn. In `fot, it oguek ah wgrsh

    in tmh egnl mfue tmfn tmh gie itshe`, fnk i`

    sg tmft wiee ah vhry afk.

    _guroh: Fssgoifthk Trhss

    III.

    KQXL

    CFNX@FO[XQHQ_

    @QFXK EI[ILF[IGN

    K QXL  C FBHQ  F_[QFZ HNHOF [ G  T FY  $814C IEEIGN  

    [mh `hkhrfe lgvhrnchnt mfs rhfomhk f

    $814 cieeign shttehchnt witm pmfrcf-ohutiofe cfnu`foturhr FstrfZhnhof. [mh

    ofsh khfet witm tmh ogcpfny’s prgcg-

    tign g` g``-efahe ushs `gr tmh fntipsy-

    omgtio krul _hrgquhe. FstrfZhnhof

    prgcgthk _hrgquhe `gr ushs tmft frh ngt

    fpprgvhk ay `hkhrfe krul rhlueftgrs,

    inoeukinl insgcnif fnk psyomiftrio ogn-

    kitigns ahsikhs somizgpmrhnif fnk

    aipgefr kisgrkhr.

    X._. Fttgrnhy Ciomfhe Ehvy g` Tmiefkhe-

    pmif, wmhrh tmh shttehchnt wfs

    fpprgvhk, stfthk tmft tmh ogcpfny mfk―turnhk pftihnts intg luinhf pils in fn

    unsuphrvishk krul thst.– Tfrtey ahofush

    g` fee tmh g``-efahe ush g` _hrgquhe, tmh

    krul argulmt in $;.9 aieeign tg FstrfZhn-

    hof in 1449, cfbinl it tmh ogcpfny’s sho-

    gnk-ahst sheehr. Fs wh mfvh rhpgrthk, tmh

    @KF fpprgvhs kruls `gr sphoi`io ushs, aut

    kgotgrs frh `rhh tg prhsoriah fs tmhy shh

    `it.

    Krul ogcpfnihs frh suppgshk tg

    cfrbht chkioftigns gney `gr ushs tmft

    tmh @KF mfs fpprgvhk. Aut tmh ogcpf-

    nihs ofn `ink egts g` wfys tg lht frgunk

    tmh rhstriotign. @gr hxfcpeh, kgotgrs frh

    tgek fagut rhshfrom inkioftinl tmft f

    livhn krul smgws prgcish tg trhft f ogn-

    kitign tmft tmh @KF mfsn’t yht oehfrhk it

    `gr. _inoh kgotgrs frh hflhr tg lht tmh

    efthst trhftchnts `gr tmhir pftihnts, hsph-oifeey i` gtmhr pmysioifns frh fesg prh-

    soriainl tmh chkioftign, tmis pegy shhcs

    tg wgrb. It’s rftmhr irgnio tmft wmieh tmh

    `hkhrfe lgvhrnchnt wgrbs mfrk tg arinl

    krul cfnu`foturhrs tg justioh, tmh

     Fefafcf _uprhch Ogurt wgrbs mfrk

    `inkinl wfys tg prgthot tmhc. Cfyah gnh

    g` tmhsh kfys‛`gr tmh lggk g` Fefafci-

    fns‛tmft wiee omfnlh.

    _guroh: Fssgoifthk Trhss

    FNG[MHQ  $644 C IEEIGN  I N  T MFQCFOHX[IOFE _ H[[EHCHN[_ 

    [mh X._. Khpfrtchnt g` Justioh mfs

    rhfomhk twg shttehchnts witm pmfrcf-

    ohutiofe ogcpfnihs tmft wiee ofee `gr f

    tgtfe g` cgrh tmfn $644 cieeign in phnfe-

    tihs unkhr tmh @fesh Oefics Fot fnk tmh

    @ggk, Krul fnk Ogschtio Fot. [mh

    fnngunohchnts ofch twg kfys f`thr tmh

    khpfrtchnt rhfomhk tmh $814 cieeign

    shttehchnt witm FstrfZhnhof.

    In gnh g` tmh shttehchnts, twg Jgmnsgn& Jgmnsgn suasikifrihs, Grtmg-CoNhie

    Tmfrcfohutiofe EEO fnk Grtmg-CoNhie-

     Jfnsshn Tmfrcfohutiofes Ino. , wiee pfy

    cgrh tmfn $=6 cieeign `gr tmh g``-efahe

    prgcgtign g` tmh hpiehpsy krul

    [gpfcfx. [mh @KF fpprgvhk tmh krul

    `gr tmh trhftchnt g` pfrtife gnsht shi-

    zurhs. Mgwhvhr, tmh cfnu`foturhrs fesg

    prgcgthk tmh krul `gr psyomiftrio ushs.

    Grtmg-CoNhie-Jfnsshn Tmfrcfohutiofe’s

    prgcgtign g` tmh krul ofushk `fesh

    oefics tg ah suacitthk tg lgvhrnchnt

    mhfetm ofrh prglrfcs. [mh ogcpfny wiee

    pfy cgrh tmfn $

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    8/40=  www.AhfsehyFeehn.ogc 

     Fot. [mh ogcpfny feehlhkey cfrbhthk tmh

    sfeh g` [gpfcfx ay mirinl gutsikh pmysi-

    oifns tg jgin sfehs rhprhshntftivhs gn

    sfehs ofees fnk sphfb ft hvhnts prgcgtinl

    tmh krul `gr g``-efahe ushs.

    In tmh gtmhr shttehchnt, _omwfrz

    Tmfrcf Ino., f suasikifry g` Aheliuc-

    afshk XOA _.F., wiee pfy $11 cieeign `gr

     vigeftigns g` tmh @fesh Oefics Fot rhlfrk-

    inl tmh kruls Khpgnit fnk Mygsoyfcinh_ue`fth Hxthnkhk Qhehfsh. [mh ogcpfny

    `fiehk tg thee tmh Ohnthrs `gr Chkiofrh

    fnk Chkiofik _hrviohs tmft tmh twg prgk-

    uots, nhitmhr g` wmiom whrh fpprgvhk ay

    tmh @KF, kik ngt qufei`y `gr ogvhrflh

    unkhr `hkhrfe mhfetm ofrh prglrfcs.

    Khpgnit is f sbin pftom ushk tg prhvhnt

    fnlinf. Mygsoyfcinh _ue`fth Hxthnkhk

    Qhehfsh trhfts vfrigus stgcfom, inthstinfe

    fnk urinfry trfot kisgrkhrs. Nhitmhr

    prgkuot is ngw gn tmh cfrbht. Agtm g`

    tmhsh ofshs ahlfn fs wmistehaegwhr efw-suits, wmiom whrh `iehk unkhr tmh @fesh

    Oefics Fot.

    _guroh: Efw.ogc

    N GPFQ[I_  _ H[[EH_  @ FE_H  O EFIC_  _ XI[  @ GQ  $

  • 8/9/2019 The Jere Beasley Report, Jun. 2010

    9/40   www.JhrhAhfsehyQhpgrt.ogc 9

    mfs mfpphnhk sg `fr, tmhy cilmt ah rilmt.

    Ohrtfiney, tmhrh mfvh ahhn sgch rftmhr

    strfnlh mfpphninls suom fs tmh bngob-

    kgwn, krfl-gut `ilmt ahtwhhn Arfkehy

    Ayrnh fnk [ic Jfchs. Hvhn tmh Khcg-

    orftio pricfry aftteh ahtwhhn Frtur

    Kfvis fnk Qgn _pfrbs lgt prhtty eivhey gn

    goofsign. It tggb f egnl tich `gr cgst

    `gebs tg rhfeey lht inthrhsthk in tmh

     vfrigus rfohs fnk ofnkikfths, aut it ngwfpphfrs `gebs frh `infeey hnlflhk fnk frh

    `infeey tfebinl pgeitios. Fefafcifns wiee ah

    lginl tg tmh pgees gn Junh 6st fnk wiee

     vgth in tmh twg pricfrihs. \itmgut tryinl

    tg in`euhnoh fnyagky’s vgth ft tmis efth

    stflh, I fc lginl tg cfbh sgch prhkio-

    tigns gn f `hw g` tmh stfthwikh rfohs.

    [ MH  L GPHQNGQ ’ _  Q FOH 

     In tmh Lgvhrngr’s rfoh, afshk gn sgch

    efth pgeeinl, it fpphfrs Frtur Kfvis wiee

    kh`hft Qgn _pfrbs in tmh Khcgorftio

    pricfry. [mft rfoh mfs mfk sgch vhry

    inthrhstinl twists fnk turns fegnl tmh

     wfy, aut Frtur wiee prhvfie i` tmh pgees frh

    foourfth. @gr f egnl tich, tmh aillhst

    nhws in tmis rfoh wfs Qgn’s smfvinl mis

    custfomh fnk omfnlinl mis mfir-kg. Aut

    tmh tgnh g` tmh rfoh omfnlhk prhtty

    quiobey f`thr tmft tggb pefoh. [mh

    pricfry winnhr wiee `foh tmh Qhpuaeiofn

    ngcinhh in tmh `fee. \mhn ygu ognsikhr

    tmis prhkiotign, hvhn tmgulm cy fsshss-chnt is pricfriey afshk gn pgee rhsuets,

    rhchcahr tmft I fc shrvinl fs Frtur’s

    stfth ofcpfiln omfircfn.

    _inoh tmhrh frh f nucahr g` strgnl

    ofnkikfths `gr lgvhrngr in tmh LGT

    pricfry, f run-g`` is virtufeey lufrfnthhk.

    Afshk gn pgeeinl, fnk wmft I mfvh ahhn

    mhfrinl `rgc `gebs frgunk tmh stfth, I

    aheihvh [ic Jfchs fnk Juklh Qgy Cggrh

     wiee survivh tmh pricfry fnk wiee `foh

    hfom gtmhr in f run-g`` in Juey. Aut I fesg

    aheihvh tmft i` Qhp. Qgahrt Ahntehy mfkahhn faeh tg rfish cgrh cgnhy sg mh

    oguek mfvh lgtthn mis pgsitivh chssflh

    tg tmh vgthrs, mh wguek mfvh cfkh tmh

    run-g``. In `fot, I wguekn’t ah tgg fw`ueey

    surprishk i` tmh [usofeggsf kgotgr fotu-

    feey cfbhs tmh run-g`` gr cfyah runs

    tmirk.

    [mh rhfe smgobhr in tmh LGT pricfry,

    mgwhvhr, mfs tg ah mgw Arfkehy Ayrnh

     wfs tfbhn g`` chssflh ay [ic Jfchs fnk

    Tfue Muaahrt. Arfkehy’s ofcpfiln

    shhchk tg `fee fpfrt in efth Fprie fnk I

    kgn’t aheihvh mh mfs rhogvhrhk su``i-

    oihntey tg cfbh tmh run-g``. In `fot, mh

    oguek seip tg `gurtm pefoh ahmink Qhp.

    Ahntehy. @infeey, rhlfrkehss g` mgw mh `in-

    ismhs, hfom vgth Juklh Cggrh rhohivhs

     wiee ogst mic suastfntifeey ehss tmfn tmgsh

    rhohivhk ay fee g` tmh gtmhr ofnkikfths in

    tmh rfoh.

    [ MH  E[ . L GPHQNGQ ’ _  Q FOH 

    I shh f `firey oegsh rfoh in tmh Et. Lgvhr-

    ngr’s rfoh ahtwhhn Bfy Ivhy fnk _hnftgr

    Mfnb Hrwin in tmh LGT pricfry, witm

    Bfy prhvfieinl. _inoh tmft rfoh nhvhr

    shhchk tg oftom gn fnk fttrfot fny rhfe

    ftthntign, Bfy’s nfch ikhnti`ioftign

    smguek ah tmh khoikinl `fotgr. I wiee sfy

    gnh tminl tmgulm. Bfy krgpphk gut g`

    tmh Lgvhrngr’s rfoh fnk seipphk kgwn tg

    tmh rfoh `gr Et. Lgvhrngr, fnk smh nhvhr

    cisshk f ahft. Mhr lhttinl gut g` tmh Lgv-

    hrngr’s rfoh kik gnh tminl `gr surh‛it

    mhephk [ic Jfchs fnk Juklh Cggrh‛fnk

    prgafaey tmft wiee f``hot wmg cfbhs tmh

    run-g``. Bfy wguek mfvh pueehk vgths

    fwfy ̀ rgc agtm [ic fnk tmh Juklh.

    [ MH  Q FOH  @ GQ  F[[GQNHY  L HNHQFE

    I aheihvh [rgy Binl wiee kh`hft Eutmhr_trfnlh in tmh Fttgrnhy Lhnhrfe’s rfoh. I

     wfs rftmhr fcushk tmft Eutmhr trihk tg

    injhot cy nfch intg tmis rfoh wmhn mh

    oefichk I mfk hnkgrshk [rgy wmiom wfs f

    `fesh omfrlh. Fs fee g` gur rhfkhrs bngw, I

    cfkh tmh stfthchnt in tmh efst issuh tmft

     Fefafcf vgthrs wguek mfvh tg khoikh

    ahtwhhn f ―prgshoutgr– fnk f ―egaayist–

    fnk I stiee aheihvh tmft wiee ah tmhir omgioh

    gn Junh 6st wmhn `gebs lg tg tmh pgees.

    @rgc fee foogunts Eutmhr mfs ahhn

    afobhk mhfviey ay tmh gie fnk krul inkus-

    trihs, hfom g` wmgc whrh cilmtyunmfppy witm [rgy’s `ieinl suits gn ahmfe`

    g` Fefafcf tfxpfyhrs.

    @rfnbey, I just kgn’t aheihvh Fefafcf

     vgthrs wiee hehot f \fsminltgn egaayist

     wmg is oegshey tihk tg tmh gie inkustry fs

     Fttgrnhy Lhnhrfe. Aut I ofn ohrtfiney

    unkhrstfnk wmy tmh gie fnk krul inkus-

    t r ihs kgn’ t wfnt [rgy afob in

    g``ioh. [mft’s ngt mfrk tg `ilurh gut‛

    [rgy mfk tmh ogurflh tg tfbh gn tmhsh

    pgeitiofeey pgwhr`ue ogrpgrftigns in f

    ogurt g` efw. I ofn fesg unkhrstfnk wmy

    tmh pgwhr`ue gie ogcpfnihs afkey wfnt

    Ail Eutmhr, witm mis ail gie tihs, tg rhpefoh

    [rgy ahofush g` tmh kisfsthr in tmh Lue`

    g` Chxiog.

    It’s vhry gavigus tmft tmh tmrhh Khcg-

    orftio ofnkikfths `gr Fttgrnhy Lhnhrfe

    mfvh mfk ki``iouety rfisinl ofcpfiln

    `unks. Jfchs Fnkhrsgn mfk sgchunusufe‛aut vhry lggk‛thehvisign fks

    fnk tmgsh cfy mfvh pusmhk mic intg tmh

    ehfk. @rfnbey, I mfvh ng oeuh wmiom g` tmh

    gtmhr twg ofnkikfths‛Ciomheh Niorgssi

    fnk Liehs Thrbins‛wiee cfbh tmh run-

    g``. [mis is f rfoh in wmiom fee g` tmh ofn-

    kikfths frh vhry lggk gnhs fnk tmft’s

    cgst unusufe in fny rfoh. I mfvh bngwn

     Jfchs Fnkhrsgn sinoh mh wfs f stfr afs-

    bhtafee pefyhr ft Muntinlkgn Ogeehlh fnk

     wh mfvh ahhn vhry lggk `rihnks gvhr tmh

     yhfrs. I aheihvh mh wguek cfbh f vhrylggk Fttgrnhy Lhnhrfe. I` I whrhn’t Frtur

    Kfvis’ ofcpfiln omfircfn, I wguek fotu-

    feey suppgrt Jfchs’ ofnkikfoy fnk tmft’s

    ng rh`ehotign gn tmh gtmhr ofnkikfths. I

     just bngw mic ahtthr fnk mfvh f lrhft

    khfe g` rhsphot `gr mic. Ay tmh wfy, Jfchs

    is f ―kh`hnsh efwyhr– ̀ gr wmft it’s wgrtm.

    EIEEY  EHKAH[[HQ  H NKGQ_H_  FQ[XQ  K FPI_  @ GQ  L GPHQNGQ 

    Lfkskhn’s Eieey Ehkahtthr, tmh nftign-feey bngwn fkvgofth `gr hqufe pfy `gr

     wgchn, hnkgrshk X._. Qhp. Frtur Kfvis

    `gr Lgvhrngr. _mh foogcpfnihk Frtur

    frgunk tmh stfth fnk eht `gebs bngw smh

    suppgrthk mic. Frtur is gn rhogrk `gr

    oegsinl tmh pfy lfp ahtwhhn chn fnk

     wgchn. Frtur mfs prgpgshk tmft ogcpf-

    nihs tmft g``hr lhnkhr hqufeity in pfy ah

    rhwfrkhk. It wguek inoeukh orhftinl f

    stfth inogch tfx orhkit. [mh orhkit, fichk

    ft cikkeh fnk egwhr inogch Fefafcifns,

     wguek mhep pfy `gr omiekofrh. Frtur mfk

    tmis tg sfy:

     F cfn in tmis stfth witm f ogeehlh

    khlrhh cfbhs fpprgxicfthey

    $14,444 f yhfr cgrh tmfn f

    wgcfn fnk wh’vh fothk fs i` it just

    mfs tg ah tmft wfy. \h nhhk tg kg

     sgchtminl fagut it. \h nhhk f Lgv- 

    hrngr wmg is gn tmh sikh g` gur

    kfulmthrs fnk lrfnkkfulmthrs.

  • 8/9/2019 The Jere Beasley Report, Jun. 2010

    10/4064  www.AhfsehyFeehn.ogc 

     Fs ygu wiee rhofee, Cs. Ehkahtthr, f

    cfnflhr ft tmh Lggkyhfr [irh fnk

    Quaahr Tefnt, suhk tmh ogcpfny f`thr

    kisogvhrinl smh wfs ahinl pfik silni`i-

    ofntey ehss tmfn cfehs in siciefr pgsitigns

     witm siciefr hxphrihnoh. Mhr efwsui t

    lfinhk nftignfe ftthntign fnk rhsuethk in

    Ognlrhss pfssinl tmh Eieey Ehkahtthr @fir

    Tfy Fot g` 1449. Frtur wfs tmh gney

    chcahr g` tmh Fefafcf OgnlrhssignfeKhehlftign tg vgth `gr tmh aiee.

    _guroh: Aircinlmfc Nhws 

    O GN_[I[X[IGN  Q H\QI[H  EHFKHQ_  H NKGQ_H  FQ[XQ  K FPI_ 

    [mh ehfkhrs g` Fefafcf Oitizhns `gr

    Ognstitutignfe Qh`grc mfvh hnkgrshk

     Frtur Kfvis `gr Lgvhrngr. [mh omfir, Air-

    cinlmfc efwyhr Ehngrf Tfth, hnkgrshk

     Frtur ft tmh _tfth Ofpitge fnk sfik Frtur is

    tmh gney ofnkikfth `gr Lgvhrngr wmg isofeeinl `gr f ognstitutignfe ognvhn-

    tign. [wg gtmhr ehfkhrs, Euoy [u`ts fnk

    Bfregs @inehy, cfkh tmhir hnkgrshchnts

    in Cgaieh. \mieh hfom g` tmhc sfik tmhy

     whrh hnkgrsinl fs inkivikufes fnk whrh

    ngt sphfbinl `gr tmh lrgup, it’s oehfr

     Frtur mfs tmh suppgrt g` egts g` `gebs gn

    tmh rh`grc issuh. It’s faunkfntey oehfr

    tmft tmh 6946 Ognstitutign prgthots tmh

    riom fnk pgwhr`ue tg tmh khtrichnt g`

    grkinfry oitizhns. Foogrkinl tg fee pgees,

    fn gvhrwmhecinl cfjgrity g` Fefafcifnsaheihvh ognstitutignfe rh`grc is nhhkhk

    fnk tmhy `fvgr tmh ognvhntign

    fpprgfom. [mh pgwhr`ue sphoife inthrhsts

    gppgsh rh`grc.

    _guroh: Fssgoifthk Trhss

    L QGXT_  H NKGQ_H  _ TFQB_ 

    Qgn _pfrbs rhohivhk hnkgrshchnts

    `rgc shvhrfe efagr lrgups kurinl tmh efst

    cgntm g` tmh ofcpfiln. Mh fesg lgt tmh

    hnkgrshchnt g` agtm tmh Nhw _gutmOgfeitign fnk tmh Fefafcf Khcgorftio

    Ogn`hrhnoh. Qgn fesg mfs tmh suppgrt g`

     FHF fnk Kr. Tfue Muaahrt. Ygu wguek

    mfvh tg aheihvh witm fee g` tmhsh hnkgrsh-

    chnts Qgn wguek ah ehfkinl in tmh pgees,

    aut ft prhss tich mh wfs stiee trfieinl ay f

    `firey efrlh cfrlin. It wiee ah inthrhstinl

    tg shh mgw tmh rfoh pefys gut.

    Q HT . A HN[EHY  Q HEHF_HK  M I_  @ INFNOIFE Q HOGQK_  

    In hfrey Cfy, Qhpuaeiofn luahrnftgrife

    ofnkikfth Qhp. Qgahrt Ahntehy rhehfshk

    mis tfx rhturns, orhkit mistgry fnk gtmhr

    `infnoife in`grcftign. Mh pehklhk tg ehfk

    f nhw hrf g` trfnspfrhnoy fnk milmhr

    htmiofe stfnkfrks i` hehothk Lgvhr-

    ngr. [mh [usofeggsf kgotgr sfik: Fs puaeio g``ioifes, wh smguek ah

    mhek tg f milmhr stfnkfrk fnk ah

    wieeinl tg ah cgrh gphn witm gur

    eivhs tmfn tmh fvhrflh oitizhn. I

    mfvh khoikhk tg ehfk ay hxfcpeh.

    Qhp. Ahntehy sfik mh wguek pusm `gr fee

    sphnkinl ay egaayists gn puaeio g``ioifes

    tg ah rhpgrthk gneinh. Ngw, egaayists ofn

    sphnk up tg $184 f kfy gn f Ehliseftgr

     witmgut mfvinl tg rhpgrt it. Qhp. Ahntehy

    aheihvhs ofnkikfths ―nhhk tg pefoh gneinh

    tmh fcgunt tmft fnygnh sphnks gn

    puaeio g``ioifes.– I tgtfeey flrhh witm Qhp.

    Ahntehy gn tmis pgint. Cfyah gnh g` tmhsh

    kfys, tmh hehotign efws wiee rhquirh fee

    ofnkikfths tg ̀ geegw Qhp. Ahntehy’s ehfk.

    _guroh: Aircinlmfc Nhws

    H QIO  J GMN_[GN  I _  FN  I N[HQH_[INL  O FNKIKF[H  @ GQ  FEFAFCF _ XTQHCH  O GXQ[ 

     F `hw whhbs flg f ogfeitign g` ausi-

    nhss fnk flrioueturfe lrgups, wmiom ofeesitshe` tmh Fefafcf Oivie Justioh Qh`grc

    Ogccitthh, hnkgrshk Hrio Jgmnstgn g`

    Aircinlmfc `gr Tefoh ? gn tmh Fefafcf

    _uprhch Ogurt. Hrio `fohs inoucahnt

    [gc Tfrbhr fnk Hecgrh Ogunty Fssistfnt

    Kistriot Fttgrnhy Jfchs Mguts in tmh

    Qhpuaeiofn pricfry. Ogccitthh Omfir-

    cfn [gc Kfrt ofeehk Hrio f strgnl ogn-

    shrvftivh. Cgst gashrvhrs `het tmis wfs f

    rftmhr inthrhstinl ogcchnt, hsphoifeey

    sinoh [gc Tfrbhr mfs ahhn f rhfe Qhpuaei-

    ofn, wmg is fs ognshrvftivh fs tmhy

    ogch. [gc mfs tmh orhkhntifes tg afob

    up tmft fsshsschnt. _inoh I mfvh bngwn

    Hrio cgstey fs f egaayist, I rhfeey mfk `gr-

    lgtthn tmft mh wfs f efwyhr. In `fot, I

    mfvh kgnfthk `infnoifeey tg mis egaay

    lrgup `gr f lggk wmieh fnk tmft mfk

    ngtminl tg kg witm mis ahinl f efwyhr.

    Afshk gn pgeeinl nucahrs, I aheihvh tmh

    gutogch g` tmh rfoh ahtwhhn [gc fnk

    Hrio wiee khphnk efrlhey gn wmgc tmh

    [hf Tfrty lrgups eibh ahst g` tmh twg fnk

    ft tmis pgint tmft phrsgn oehfrey fpphfrs

    tg ah [gc Tfrbhr.

    P.

    QHOHN[

    _H[[EHCHN[_ AY

    @IQC

    [ MQHH  H ]TEGQHQ  Q GEEGPHQ  _ H[[EHCHN[_ 

    Gur `irc mfs shttehk tmrhh shpfrfth

    efwsuits flfinst @grk Cgtgr Ogcpfny,

    hfom invgevinl rgeegvhrs g` @grk _XPs. In

    hfom ofsh fn gooupfnt g` fn _XP kihk

     wmhn tmhy whrh hitmhr tgtfeey gr pfrtifeey

    hjhothk `rgc tmhir vhmioeh. [mh ofshs

    invgevhk f 699< @grk Hxpegrhr, f 6999

    @grk Hxpegrhr fnk f 6999 ChrouryCguntfinhhr wmiom is tmh sisthr vhmioeh

    tg tmh Hxpegrhr.

    In hfom ofsh, tmhrh whrh kh`hots fssgoi-

    fthk witm tmh vhmioehs’ rgg` struoturh,

     wmiom feegwhk hxohssivh ogeefpsh g` tmh

    rgg` intg tmh gooupfnt ogcpfrtchnt

    kurinl f `grhshhfaeh rgeegvhr hvhnt. Hfom

    gooupfnt wfs prgphrey ahethk fnk `gunk

     witm tmh ahet frgunk tmhir agky gr pfrts

    g` tmhir agky `geegwinl tmh wrhob.

    Gur khsiln hxphrts khthrcinhk tmft

    tmh rgg` struoturh `gr tmh Hxpegrhr wfs

    infkhqufth tg prgvikh gooupfnt prgtho-tign in f rgeegvhr hvhnt. [mhy fesg khthr-

    cinhk tmft tmhrh wfs f kh`hot in tmh shft

    ahet systhc g` tmh Hxpegrhr. [mh hxphrts

    `gunk tmft in f rgeegvhr hvhnt tmh

    Hxpegrhr shft ahet systhc oguek inthrcit-

    thntey unegob feegwinl sefob tg ah intrg-

    kuohk intg tmh ahet systhc. It wfs fesg

    khthrcinhk tmft wmhn hxohssivh orusm

    goourrhk, tmh A-pieefr wguek ah `grohk

    inwfrk, inkuoinl fkkitignfe sefob intg tmh

    ahet systhc sinoh tmh ahet K-rinl wfs

    cgunthk gn tmh A-pieefr. Foogrkinl tggur hxphrts, @grk smguek mfvh khvhegphk

    fn fpprgprifth gooupfnt rhstrfint systhc

    tmft wgrbhk witmin f vhmioeh tmft wfs

    bngwn tg mfvh f whfb rgg` fnk prgphn-

    sity tg rgeegvhr.

    In gnh ofsh, tmh krivhr wfs faeh tg lht

    mhr mhfk cgrh tmfn 61 inomhs fagvh tmh

    rgg` rfie ahofush tmh shft ahet `fiehk tg

    prgphrey rhstrfin mhr fnk tmh rgg` oge-

    efpshk frgunk mhr. In fngtmhr ofsh, tmh

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    krivhr wfs hjhothk gut tmh rhfr pfsshnlhr

    kggr winkgw aut mis fnbehs whrh ofulmt

    in tmh shft ahet systhc. Mh wfs `gunk

    mfnlinl gut g` tmh krivhr sikh rhfr

     winkgw. In tmh tmirk ofsh, tmh gooupfnt

     wfs feegwhk tg ah pfrtifeey hjhothk fnk

    mhr egwhr tgrsg orusmhk unkhr tmh

     whilmt g` tmh vhmioeh.

    In hfom ofsh, tmh gooupfnts whrh prgp-

    hrey ahethk, aut rhohivhk `ftfe injurihs kuhtg rgg` orusm fnk hxohssivh ahet systhc

    sefob. In gnh ofsh, @grk’s rhprhshntftivh

    flrhhk tmft tmh Hxpegrhr shft ahet systhc

     wfs khsilnhk pricfriey `gr `rgntfe ogeei-

    signs fnk ngt rgeegvhr hvhnts. In gnh g`

    tmh ofshs, fn Fefafcf _tfth [rggphr thsti-

    `ihk tmft mh sfw cgrh rhphft rgeegvhr

     wrhobs invgevinl tmh @grk Hxpegrhr. [mh

    [rggphr fesg thsti`ihk tmft in thfominl

    puaeio sf`hty ogurshs tg tmh puaeio mh

    g`thn fkvishk pfrhnts ngt tg puromfsh

    tmh @grk Hxpegrhr `gr tmhir omiekrhn kuhtg its prgphnsity tg rgeegvhr fnk ah

    invgevhk in `ftfe wrhobs. Hfom g` tmh

    ofshs whrh shttehk witm tmh fcgunts g`

    tmh shttehchnts ahinl tgtfeey ogn`ikhntife.

    Lrhl Feehn, Ogeh Tgrtis, Ahn Afbhr fnk

    Qiob Cgrrisgn, fee g` wmgc frh efwyhrs

    in gur `irc, wgrbhk gn tmhsh ofshs. [mhy

    kik f vhry lggk jga `gr tmhir oeihnts in

    tmh tmrhh ofshs. I` ygu wfnt cgrh in`gr-

    cftign gn tmh ofshs gr gn tmh Hxpegrhr

    prgaehcs, ogntfot Ahn Afbhr ft =44-=9=-

    14?; gr ay hcfie ft Ahn.AfbhrDahfsehyfe-

    ehn.ogc.

    PI.

    OGXQ[ \F[OM

    FEFAFCF O I[IZHN_  \ FN[  N GN -T FQ[I_FN  J XKIOIFE H EHO[IGN_ 

    [mhrh mfvh ahhn f nucahr g` puaeio

    gpinign pgees gvhr tmh pfst `hw yhfrs,

    inoeukinl shvhrfe rhohntey, fee g` wmiomrhvhfe tmft Fefafcf oitizhns wfnt f ail

    omfnlh in mgw wh hehot juklhs in gur

    stfth. In `fot, tmh rhsuets mfvhn’t hvhn

    ahhn oegsh. It’s hvikhnt tmft Fefafcifns,

     witmgut f kguat, wfnt ngn-pfrtisfn heho-

    tigns. Qhohntey, tmh Aircinlmfc Nhws

    hkitgrife agfrk spgbh gn tmh issuh. I fc

    inoeukinl it ahegw `gr tmh ognsikhrftign

    g` gur rhfkhrs.

     Fefafcf’s chtmgk g` omggsinl

     juklhs is just fs trguaeinl in g``- 

    hehotign yhfrs fs it is kurinl tmh

     yhfr s `hftur inl pg ei ti of e ofc- 

     pfilns. Aut tmh hehotign yhfrs kg

    mfvh f wfy g` arinlinl tmh

     prgaehc mgch. _icpey put, tmgsh

    wmg fspirh tg ah tmh icpfrtife rh`- 

    hrhhs in gur systhc g` justioh frh

     put in f pgsitign wmhrh tmhy custfeiln witm f pgeitiofe pfrty fnk try

    tg kruc up suppgrt (fnk cgnhy)

     `rgc phgpeh wmg fpphfr in tmhir

    ogurts. [mft’s eibh cfbinl `ggtafee

    rh`hrhhs piob f thfc fnk smfbh

    kgwn tmh pefyhrs ah`grh mhfkinl

    gut tg ofee tmh lfch.

     Fefafcf wguek nhvhr stfnk `gr

     suom f systhc witm rhlfrk tg gur

     `fvgrith spgrt. \my kg wh stfnk `gr

    it in gur ogurts7 Fs it turns gut, wh

    cilmt ngt i` wh whrh livhn tmh

    fethrnftivhs, foogrkinl tg f rhohnt

     survhy ay tmh Fefafcf Hkuoftign

     Fssgoift ign’s rhspho thk pg ee inl

    gphrftign. [mh Ofpitfe _urvhy

     Qhshfrom Ohnthr in Cgntlgchry

     `gunk, `gr stfrthrs, tmft cfny Fef- 

    afcifns frhn’t hvhn fwfrh gur

     sys th c g` omg gs inl juklhs is

     sorhwy. Fecgst 0?% g` tmgsh pgeehk

    kikn’t bngw Fefafcf is gnh g`

    gney 61 stfths tmft hehot juklhs ay

     pgeitiofe pfrty. Cgrh tmfn 0

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    issuh ah`grh vgtinl in tmh lhnhrfe heho-

    tign.

    X._. _ XTQHCH  O GXQ[  Q HJHO[_  O EF__  FQAI[QF[IGN  I N  _ [GE[ -N IHE_HN  O F_H 

    [mh X._. _uprhch Ogurt ruehk in `fvgr

    g` Thtitignhrs, inoeukinl _tget-Niheshn _F,

    efst cgntm in f oegshey-wftomhk fntitrustofsh. [mh ofsh khfet witm fn icpgrtfnt

    issuh invgevinl fraitrftign. Cfny gashrv-

    hrs aheihvh tmis rueinl oguek mfvh argfk

    h``hots gn fraitrftign, aut I’c ngt tgg

    surh fagut its fotufe icpfot gn ognsuc-

    hrs. [mh Justiohs ruehk tmft icpgsinl

    oefss fraitrftign gn pfrtihs tmft mfkn’t

    flrhhk tg oefss fraitrftign ogn`eiots witm

    tmh @hkhrfe Fraitrftign Fot. [mh sgeh issuh

     wfs wmhtmhr oefss chcahrs, wmg mfk

    ngt ognshnthk tg ah agunk ay fraitrf-

    tign, whrh agunk ay fn fraitrftign oefush

    in f ogntrfot.In f 8-? khoisign kheivhrhk ay Justioh

    _fcuhe Feitg, tmh Milm Ogurt rhvhrshk f

    pfnhe khoisign ay tmh X._. Ogurt g`

     Fpphfes `gr tmh _hognk Oirouit, wmiom

    mfk flrhhk witm f rueinl ay tmh fraitrf-

    tgrs wmg whrh invgevhk. [mis wfs f ofsh

    invgevinl twg ausinhsshs fs pfrtihs. _inoh

    tmh ofsh kikn’t invgevh f ognsuchr

    kisputh, it wiee ah inthrhstinl tg shh mgw

    tmh Justiohs wiee khfe witm ognsuchrs i`

    tmh sfch `fot situftign ogchs tg tmh

    Milm Ogurt. I` tmh rueinl in f kisputhahtwhhn f ognsuchr fnk f ausinhss lghs

    g`` gn wmhtmhr tmh ognsuchr fotufeey

    flrhhk tg ah agunk ay fraitrftign, tmh

    fraitrftign rhquhst wguek lg gut tmh

     winkgw I wguek tminb.

    _guroh: Efw?04 

    X NOGN_OIGNFAEH  C FNKF[GQY  FQAI[QF[IGN  O EFX_H_  O MFEEHNLHK  

    [mh X._. _uprhch Ogurt mhfrk frlu-

    chnts rhohntey in wmft mfs ahhn rh`hrrhktg fs f wfthrsmhk fraitrftign ofsh tmft

    pgshs silni`iofnt quhstigns fagut tmh

    sogph fnk chfninl g` tmh @hkhrfe Frai-

    trftign Fot, tmh rheftignsmip ahtwhhn

    ogurts fnk fraitrftign, fnk tmh afsio

    faieity g` ognsuchrs fnk hcpegyhhs tg

    lfin foohss tg ogurts. [mh issuh ah`grh

    tmh justiohs in Qhnt-F-Ohnthr v. Jfobsgn

     wfs wmhtmhr fn fraitrftign flrhhchnt

    tmft sphoi`ihs tmft fny omfeehnlh tg tmh

     vfeikity gr hn`grohfaieity g` tmh fraitrf-

    tign flrhhchnt cust ah khoikhk ay fn

    fraitrftgr rhquirhs f ogurt, wmhn `fohk

     witm fn unognsoignfaieity omfeehnlh tg

    tmh fraitrftign flrhhchnt itshe`, tg

    hn`groh tmh flrhhchnt fnk shnk tmh

    pfrtihs tg fraitrftign `gr rhsgeutign g`

    tmft unognsoignfaieity omfeehnlh. \h wiee

     wfit tg shh mgw tmh justiohs rueh ah`grh

    sfyinl tgg cuom fagut tmis ofsh._guroh: Tuaeio Justioh

    PII.

    [MH NF[IGNFE

    _OHNH

    M G\  \ H  L G[  I N[G  [ MI_  [ QFLIO  C H__  I N  [ MH  L XE@ 

    @gr hilmt yhfrs, Lhgrlh Ausm’s prhsi-khnoy in`hothk tmh gie inkustry’s gvhr-

    silmt flhnoy, tmh Cinhrfes Cfnflhchnt

    _hrvioh (CC_), witm f shptio oueturh g`

    ogrruptign `rgc wmiom it mfs yht tg

    rhogvhr. Thrsgns in tmh \mith Mgush witm

    oegsh tihs tg tmh gie inkustry hnogurflhk

    flhnoy phrsgnnhe tg hnlinhhr whfbhnhk

    sf`hlufrks tmft kirhotey ogntriauthk tg

    tmh Lue` oftfstrgpmh.

    [mh fashnoh g` fn fogustiofe rhluef-

    tgr‛f rhcgthey trillhrhk khfk cfn’s

    switom tmft cilmt mfvh oegshk g`` AT’slusminl piph ft its shf `eggr wheemhfk

     wmhn tmh cfnufe switom `fiehk‛wfs

    kirhotey fttriautfaeh tg inkustry pfnkhr-

    inl ay tmh Ausm \mith Mgush. Fogustio

    switomhs frh rhquirhk ay efw `gr fee g``-

    smgrh rils g`` Arfzie fnk in Ngrwfy’s

    Ngrtm _hf gphrftigns. In `fot, AT ushs tmh

    khvioh vgeuntfriey in Aritfin’s Ngrtm _hf

    fnk heshwmhrh in tmh wgrek fs kg gtmhr

    cfjgr pefyhrs eibh Mgeefnk’s _mhee fnk

    @rfnoh’s [gtfe. In 1444, tmh Cinhrfes Cfn-

    flhchnt _hrvioh, wmieh whilminl f ogc-

    prhmhnsivh ruehcfbinl `gr krieeinl sf`hty,

    khhchk tmh fogustio chomfnisc ―hsshn-

    tife– fnk prgpgshk tg cfnkfth tmh chom-

    fnisc gn fee Lue` rils.

    Ahtwhhn Jfnufry fnk Cfrom g` 1446, it

     wfs rhpgrthk tmft inogcinl Pioh Trhsi-

    khnt Kiob Omhnhy ognkuothk shorht

    chhtinls witm gvhr 644 gie inkustry g``i-

    oifes feegwinl tmhc tg krf`t f wism eist g`

    inkustry khcfnks tg ah icpehchnthk ay

    tmh fkcinistrftign. Omhnhy fesg ushk tmft

    tich tg rh-stf`` tmh CC_ witm phrsgns

    `rgc tmh gie inkustry. In 144?, tmh nhwey-

    rhognstituthk CC_ rhogcchnkhk tmh

    rhcgvfe g` tmh prgpgshk rhquirhchnt `gr

    fogustio switomhs. [mh flhnoy’s 144?

    stuky ognoeukhk tmft ―fogustio systhcs

    frh ngt rhogcchnkhk ahofush tmhy thnk

    tg ah vhry ogstey.–

     Fs wh chntignhk in fngtmhr shotign g`tmis issuh, tmh fogustio trillhr ogsts

    fagut $844,444. Hsticfthk ogsts g` tmh

    gie spiee tg Lue` Ogfst rhsikhnts mfvh

    ferhfky ahhn prgjhothk tg hxohhk $14

    aieeign. Trhsikhnt Ausm’s 1448 hnhrly aiee

    g``ioifeey krgpphk tmh rhquirhchnt `gr

    tmh fogustio switom g`` khviohs, hxpefin-

    inl tmft tmh inkustry’s hxistinl prfotiohs

    frh ―`fiesf`h.–

    Oehfrey, CC_ mfs `fiehk tg kg its jga

    fnk `gebs in tmh Lue` Ogfst stfths frh

    pfyinl f mhfvy prioh `gr tmft flhnoy’ssgrry phr`grcfnoh. F 1449 invhstilftign

    g` tmh Cinhrfes Cfnflhchnt _hrvioh

    `gunk tmft flhnoy g``ioifes ―`rhquhntey

    ognsuchk feogmge ft inkustry `unotigns,

    mfk ushk ogofinh fnk cfrijufnf, fnk mfk

    shxufe rheftignsmips witm gie fnk lfs

    ogcpfny rhprhshntftivhs.– [mrhh rhpgrts

    ay tmh Insphotgr Lhnhrfe khsoriah fn

    gphn afzffr g` pfyg``s, ariahs fnk biob-

    afobs spiohk witm sohnhs g` `hcfeh

    hcpegyhhs prgvikinl shxufe `fvgrs tg

    inkustry ail wils wmg in turn rhwfrkhk

    lgvhrnchnt wgrbhrs witm ieehlfe ogn-trfots.

    Inkustry egaayists unkhrwrgth efvism

    pfrtihs fnk smgwhrhk flhnoy hcpegyhhs

     witm ieehlfe li`ts, fnk euorftivh phrsgnfe

    ogntrfots fnk trhfthk tmhc tg rhluefr

    lge`, sbi, fnk pfintafee gutinls, trips tg

    rgob ognohrts fnk prg`hssignfe spgrts

    hvhnts. [mh Insphotgr Lhnhrfe omfrfothr-

    izhk tmis grly g` wmhheinl fnk khfeinl fs

    ―f oueturh g` htmiofe `fieurh– tmft ogst tfx-

    pfyhrs cieeigns in rgyfety `hhs fnk prg-

    kuohk rhfcs g` afk soihnoh tg justi`yunrhluefthk khhp wfthr krieeinl in tmh

    Luè .

    [mh Insphotgr Lhnhrfe rhpgrthk witm

    sgch fstgnismchnt tmft g``ioifes ft CC_,

     wmhn ogn r̀gnthk witm tmh efunkry eist g`

    ariahry, puaeio tmh`t fnk shxufe fnk `infn-

    oife `fvgrs tg fnk `rgc inkustry, ―smgwhk

    ng rhcgrsh.– AT `fiehk tg instfee f khhp

    mgeh smut g`` vfevh‛fngtmhr `fie-sf`h tmft

    cilmt mfvh fvhrthk tmh spiee. It’s ahinl

    61  www.AhfsehyFeehn.ogc 

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    rhpgrthk tmft AT’s wieeinlnhss tg vigefth

    tmh efw ay krieeinl tg khptms g` 11,444-

    18,444 `hht, insthfk g` tmh 6=,444 `hht

    cfxicuc khptm feegwhk ay its phrcit,

    cfy mfvh ogntriauthk tg tmis oftfstrg-

    pmh.

    Ngagky `fcieifr witm \fsminltgn pgei-

    tios smguek mfvh ahhn surprishk tg ehfrn

    tmft Mfeeiaurtgn is gnh g` tmh pricfry vie-

    efins in tmis kisfsthr. Mfeeiaurtgn mfk feuorftivh ogntrfot tmft livhs it ehlfe hxpg-

    surh `gr wmft mfpphnhk gn Fprie

    14tm . [mh aegwgut goourrhk smgrtey f`thr

    Mfeeiaurtgn ogcpehthk fn gphrftign tg

    rhin`groh krieeinl mgeh ofsinl witm ogn-

    orhth seurry. [mis is f shnsitivh prgohss

    tmft, foogrkinl tg lgvhrnchnt hxphrts,

    ofn trillhr oftfstrgpmio aegwguts i` ngt

    phr`grchk ogrrhotey. Foogrkinl tg CC_,

    6= g` ?9 aegwguts in tmh Lue` g` Chxiog

    sinoh 6990 whrh fttriauthk tg pggr wgrb-

    cfnsmip injhotinl ohchnt frgunk tmhchtfe piph. It smguek ah ngthk tmft Mfeei-

    aurtgn is ourrhntey unkhr invhstilftign

    ay tmh Fustrfeifn lgvhrnchnt `gr f

    cfssivh aegwgut in tmh [icgr _hf in

    1448 ofushk ay its `fuety fppeioftign g`

    ognorhth ofsinl.

    [mh Gafcf Fkcinistrftign mfs

    fssilnhk nhfrey 1,444 `hkhrfe phrsgnnhe

    `rgc tmh Ogfst Lufrk, tmh Ogrps g` Hnli-

    nhhrs, tmh Khpfrtchnt g` Kh`hnsh, tmh

    Khpfrtchnt g` Ogcchroh, HTF, NGFF

    fnk Khpfrtchnt g` Inthrigr tg khfe witm

    tmh cfssivh spiee‛fn icprhssivhrhspgnsh. _tiee, tmh ourrhnt \mith Mgush

    is ngt tgtfeey witmgut `fuet. [mh lgvhrn-

    chnt smguek, `gr hxfcpeh, ah rhquirinl f

    `fr lrhfthr khpegychnt g` fasgrahnt

    aggcs. Aut tmh rhfe oueprit in tmis vieefiny

    is f nhleilhnt inkustry fnk pggr gvhr-

    silmt ay fn flhnoy ogrrupthk ay hilmt

     yhfrs g` lrgthsquh suashrvihnoh tg Ail

    Gie.

    F@[HQ  16 Y HFQ_ ‛H ]]GN  P FEKHZ  _ OFQ_  FQH  _ [IEE _ EG\EY  M HFEINL 

    Cfny Fchriofns mfvh prhtty cuom `gr-

    lgtthn fagut tmh gie spiee tmft goourrhk in

     Fefsbf 16 yhfrs flg. [mh spiee ahlfn ft

    61:4; f.c. gn Cfrom 1;, 69=9 wmhn tmh

    Hxxgn Pfekhz rfn flrgunk gn Aeilm Qhh`.

    Gvhr tmh ogursh g` 80 kfys, tmh ehfbinl

    gie sprhfk, kfcflinl 6,?44 ciehs g`

    smgrheinh. [hn tmgusfnk phgpeh mhephk

    oehfn it up. It tggb cgrh tmfn `gur

    succhrs fnk ogst Hxxgn $1.6

    aieeign. [whnty-gnh yhfrs efthr, tminls

    eggb prhtty ngrcfe fegnl tmh smgrheinh.

    Aut, tminls frh `fr `rgc ngrcfe. [mh

    `isminl inkustry in tmh frhf is stiee murtinl.

    Ngt hvhn tmh stunninl ahfuty g` Fefsbf’s

    Trinoh \ieeifc _gunk ofn mikh tmh khhp

    fnk efstinl sofr just ahnhftm tmh sur`foh.

     \mieh mhrrinl pgpueftigns frh stiee khv-fstfthk, gtmhr sphoihs suom fs sfecgn fnk

    afek hflehs mfvh rhogvhrhk. Gn tmh

    smgrheinh, fee ygu mfvh tg kg is cgvh f

    ogupeh g` rgobs fnk ygu stribh gie‛

     Hxxgn Pfekhz  gie‛16 yhfrs efthr. In `fot,

    gvhr 16,444 lfeegns g` gie frh eh`t `rgc

    tmh spiee. It’s nfturfeey khorhfsinl ft f rfth

    g` zhrg tg ;% phr yhfr. Ft tmft rfth, it wiee

    tfbh khofkhs‛gr phrmfps hvhn ohntu-

    rihs‛ah`grh it’s fee lgnh. Foogrkinl tg

    hxphrts, tmh gie is stiee f tmrhft sgch twg

    khofkhs efthr. Fegnl witm tmh gie , ait thrnhss

    rhcfins. F jury fwfrkhk `ismhrchn fnk

    gtmhr rhsikhnts fegnl tmh sgunk $8

    aieeign, aut Hxxgn fpphfehk fnk gney mfk

    tg pfy $84< cieeign. [mh ogccunity mfs

    pfik f mhfvy prioh fnk Hxxgn oguek ofrh

    ehss. It’s sfik ay egofe rhsikhnts tmft tmhir

    eivhs mfvh ahhn ruinhk ̀ grhvhr.

    FN  X TKF[H  G N  EGAAYI_[  _ THNKINL  I N  \ F_MINL[GN 

    Xntie Ognlrhss rhins in tmh sphoife

    inthrhst egaayists gur nftignfe lgvhrn-

    chnt wiee nhvhr `unotign fs it smguek. @gr

     yhfrs, egaayists mfvh ofeehk tmh smgts in

    Ognlrhss fnk in cfny rhlueftgry flhn-

    oihs. _phoife inthrhsts sphnt $960 cieeign

    tg in`euhnoh ehliseftign fnk lgvhrnchnt

    pgeioy kurinl tmh `irst tmrhh cgntms g`

    1464, foogrkinl tg nhw egaayinl

    rhpgrts. [mh sphnkinl ogchs fs Trhsi-

    khnt Gafcf fnk Ognlrhss pursuh f ehlis-

    eftivh flhnkf tmft wiee f``hot in f lggk

     wfy vi rtu fe ey fe e pf rts g` tmh X._.

    hogngcy‛`rgc aiees gn mhfetm ofrh fnk

    hnhrly tg afkey-nhhkhk rhlueftigns `gr

    afnbs fnk \fee _trhht `ircs. In yhfrs pfst,

    `hkhrfe rhlueftign g` tmh gie, krul, futg,

    fnk insurfnoh inkustrihs mfs ahhn vhry

     whfb fnk inh``hotivh. [mh egaayists `gr

    tmgsh pgwhr`ue sphoife inthrhsts mfvh

    shhn tg tmft. Ngw tmhsh egaayists frh

    `ilmtinl mfrk tg cfintfin tmh stftus

    qug. [mh egaayinl hxphnshs `gr tmh `irst

    qufrthr hxohhk tmh $=;=.6 cieeign sphnt

    kurinl tmh sfch phrigk in 1449, foogrk-

    inl tg tmh ngn-pfrtisfn OV CgnhyEinh.

    Egaayists sphnt fn fvhrflh $?48 cieeign

    f cgntm `rgc Jfnufry tg Cfrom tg in`eu-

    hnoh pgeioy tmis yhfr‛cgrh tmfn kguaeh

    tmh cgntmey rfth g` sphnkinl f khofkh

    flg‛fnk tmft’s f mulh fcgunt.

    [mh tgp sphnkhrs whrh `rgc tmhmhfetmofrh inkustry. Gtmhr tgp-sphnkinl

    shotgrs, suom fs `infnoh, fesg `foh krf-

    cftio nhw rhlueftign g` tmhir inkustrihs

    i` ehliseftign ngw ahinl ognsikhrhk ay

    Ognlrhss ahogchs efw. Hnhrly fnk

    nfturfe rhsguroh inthrhsts, arfoinl `gr

    _hnfth fotign gn f ogcprhmhnsivh

    hnhrly fnk oeicfth omfnlh aiee, sphnt

    $618.8 cieeign kurinl tmh `irst qufrthr‛

    gr nhfrey f ?4% jucp gvhr wmft tmh

    inkustry sphnt gn egaayinl kurinl tmh

    sfch phrigk efst yhfr. [mh ehliseftign isfichk ft segwinl legafe wfrcinl ay

    rhkuoinl hcissigns g` lrhhnmgush lfshs.

    [mhrh whrh f nucahr g` egaayinl

    oeihnts, fee g` wmgc sphnt ail auobs `rgc

    699= tg tmh prhshnt. I wiee sht gut f `hw

    g` tmhc witm tmh fcgunts sphnt.

     \mhn ygu eggb gvhr tmi s eist, ygu

    cilmt fsb ygurshe` f sicpeh quhstign:

    ―Mgw cfny g` tmhsh ogcpfnihs fnk

    lrgups mfvh ahhn eggbinl gut `gr cy

    inthrhst7– \mieh I bngw tmh fnswhr, I

    susphot cgst g` ygu wiee, tgg. Grkinfry

    oitizhns mfvh vhry `hw egaayists in \fsm-

    inltgn wmg wgrb tg prgthot tmhc. @grtu-

    • X_ Omfcahr g` Ogcchroh $0?

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    nfthey, tmhrh frh f `hw suom fs Tuaeio

    Oitizhn fnk tmh FFQT, aut cgrh frh

    nhhkhk i` tmh ourrhnt systhc is hvhr tg

    ah omfnlhk. [mh rhfe nhhk is tg ogntrge

    sphnkinl ay tmh egaayists fnk pfssflh g`

    chfninl`ue ofcpfiln `infnoh rh`grc.

    _guroh: X_F [gkfy  fnk Ohnthr `gr Qhspgnsivh

    Tgeitios

    PIII.

    [MH OGQTGQF[H

    \GQEK

    [ MH  T XAEIO  I _  \ FBINL  X T  [ G  O GQTGQF[H  \ QGNLKGINL 

     \mhn gnh ognsikhrs fee g` tmh wrgnl-

    kginl fnk ogrruptign tmft’s ahhn unogv-

    hrhk invgevinl cfny in Ogrpgrfth

     Fchriof gvhr tmh pfst `hw yhfrs, i t’shvikhnt tmft tmh `hkhrfe fnk stfth lgvhrn-

    chnts mfvhn’t kgnh f vhry lggk jga g`

    rhlueftign. In `fot, it’s vhry oehfr tmft tmh

    rhlueftgry flhnoihs mfvh in cfny frhfs

    `fiehk cishrfaey tg ofrry gut tmhir kutihs

    fnk rhspgnsiaieitihs. [mh krul, `infnoife

    fnk gie inkustrihs frh prich hxfcpehs g`

    tmgsh wmiom mfvh ahhn pggrey rhluefthk

    fnk wh mfvh shhn tmh ognshquhnohs. In

    `fot, tmh kisfsthr gn tmh Lue` Ogfst is tmh

    oehfrhst hxfcpeh g` wmft ofn mfpphn

     wmhn tmh ―tfie wfls tmh kgl– wmhn itogchs tg lgvhrnchntfe rhlueftign g` fn

    inkustry. Mgph`ueey, grkinfry oitizhns frh

    `infeey rhfeizinl tmhy cust lht invgevhk in

    tmh pgeitiofe prgohss fnk suppgrt rhfe

    rh`grc ofnkikfths wmg frh ngt gwnhk gr

    rhnthk ay tmh pgwhr`ue sphoife inthrhsts.

    F EGGB  F[  G XQ  H OGNGCY  FNK  M G\  \ H  L G[  I N[G  [ QGXAEH 

    [minls mfvh rhfeey omfnlhk in tmis

    oguntry sinoh 69;= wmhn Mfrry [rucfn wfs Trhsikhnt. [mft yhfr, 80% g` prg`its in

    tmh X._. hogngcy ofch fs f rhsuet g`

    cfnu`foturinl. Fnk, ft tmft tich, =.?% g`

    prg`its ofch `rgc tmh `infnoife shotgr.

    Ngw eht’s `fst `grwfrk tg 144

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    rhpgrthk tmft tmh Cinh _f`hty fnk Mhfetm

     Fkcinistrftign is fesg unkhr invhstilf-

    tign. [mh @AI is hxfcininl pgssiaeh

    ariahry g` g``ioifes ft tmh flhnoy tmft

    gvhrshhs tmh cininl inkustry fnk pgssi-

    aeh oricinfe nhleilhnoh gn tmh pfrt g`

    Cfsshy, foogrkinl tg tmh NTQ rhpgrt. F

    Cfsshy spgbhscfn sfik Cfsshy Hnhrly

     wfs fwfrh tmft invhstilftgrs whrh inthr-

     vihwinl witnhsshs, aut sfik tmh ogcpfnykikn’t bngw tmh nfturh g` tmh invhstilf-

    tign.

    Trgcpthk ay tmh shpfrfth cinh fooi-

    khnt in Bhntuoby, Trhsikhnt Gafcf sfys

    mis fkcinistrftign is tfbinl sthps tg

    khcfnk fooguntfaieity `gr sf`hty vigef-

    tigns fnk tg ―strhnltmhn cinh sf`hty sg

    tmft fee g` gur cinhrs frh prgthothk.– [mh

    @AI prgah g` tmh fooikhnt ft tmh Xpphr

    Ail Arfnom ogfe cinh `geegwhk strgnl

    stfthchnts twg whhbs flg in wmiom tmh

    Trhsikhnt oritioizhk tmh ogcpfny. Gn Fprie 68tm , Trhsikhnt Gafcf fsbhk tmh

    _horhtfry g` Efagr tg wgrb witm tmh

     Justioh Khpfrtchnt ―tg hnsurh tmft hvhry

    tgge in tmh `hkhrfe lgvhrnchnt is fvfie-

    faeh in tmis invhstilftign.– [mh Trhsikhnt

    gashrvhk ft tmh tich:

    _f`hty vigeftgrs eibh Cfsshy mfvh

     stiee ahhn faeh tg `ink wfys tg put

    tmhir agttgc einh ah`grh tmh sf`hty

    g` tmhir wgrbhrs‛`ieinl hnkehss

    fpphfes insthfk g` pfyinl `inhs fnk

     `ixinl sf h̀ty prgaehcs.

    Cfsshy Hnhrly ofeehk tmh Trhsikhnt’s

    rhcfrbs ―rhlrhttfaeh– fnk sfik tmft ―un`gr-

    tunfthey, sgch frh rusminl tg juklchnt

    `gr pgeitiofe lfin gr tg fvgik aefch.– [mis

    ogcpfny mfs f thrriaeh sf`hty rhogrk fnk

    tmh Trhsikhnt’s rhcfrbs whrh gn tfrlht in

    cy gpinign.

    _guroh: Fssgoifthk Trhss

    Q HEF[IPH_  G @  C INH  A EF_[  P IO[IC_  _ MGXEK  

    A H  @ XEEY  O GCTHN_F[HK 

    Cfsshy Hnhrly mfs sfik it wiee prgvikh

    `infnoife pfobflhs prgvikinl mhfetm ofrh

    fnk gtmhr ahnh`its `gr tmh `fcieihs g` 19

    cinhrs wmg whrh bieehk in tmh Fprie 8 tm  

    hxpegsign ft Cfsshy’s Xpphr Ail Arfnom

    cinh in \hst Pirlinif. Foogrkinl tg

    Cfsshy g``ioifes, tmh ogcpfny wiee ogvhr

    mhfetm ofrh fnk ogeehlh hxphnshs `gr tmh

    cinhrs’ omiekrhn, fnk prgvikh inorhfshk

    ei`h insurfnoh pfyguts. \mieh tmis sgunks

    lggk, fnk it wiee mhep `fcieihs in f eicithk

    cfnnhr, it’s oehfrey ngt hngulm. Cfsshy’s

    mistgry, ogcainhk witm tmh hvhnts

    ehfkinl up tg tmis fooikhnt, rhquirh cuom

    cgrh fnk tmh ogcpfny’s prgpgsfe is

    oehfrey infkhqufth. Ngt gney smguek tmh

    `fcieihs ah fkhqufthey ogcphnsfthk, aut

    tmis ogcpfny smguek ah shvhrhey pun-

    ismhk `gr its kisrhlfrk `gr hcpegyhhsf`hty. [mh fnngunohchnt ofch f kfy

    f`thr f chcgrife tg tmgsh bieehk fnk

    injurhk in tmh hxpegsign.

    _guroh: Fssgoifthk Trhss

    M GCH  K HTG[  G QKHQHK  [ G  T FY  C IEEIGN_  [ G  FN  I NPHN[GQ  

    Mgch Khpgt cfy wism tmhy mfk nhvhr

    mhfrk g` Ciomfhe Tgwhee. [mis invhntgr’s

    efwsuit, argulmt flfinst tmh mfrkwfrh

    lifnt `gr sthfeinl mis invhntign tmft bhhpsstgrh hcpegyhhs sf`h, is rhfeey cfbinl tmh

    nhws. F `hkhrfe juklh ruehk efst cgntm

    tmft Tgwhee orf`thk f sicpeh, yht inlh-

    nigus, wfy tg bhhp Mgch Khpgt hcpegy-

    hhs `rgc seioinl g`` tmhir `inlhrs wmieh

    tmhy’rh outtinl wggk `gr oustgchrs. X._.

    Kistriot Juklh Kfnihe Murehy, in mis rueinl,

    mfk tmis tg sfy fagut Mgch Khpgt’s

    ognkuot:

     Mgch Khpgt bnhw hxfotey wmft it

    wfs kginl. [mhy sicpey pusmhk Cr.

     Tgwhee fwfy fnk tmhy kik it tgtfeey

    fnk ogcpehthey `gr tmhir gwn hog- 

    ngcio ahnh`it.

    Ofeeinl tmh ogcpfny ofeegus fnk frrg-

    lfnt, Juklh Murehy grkhrhk Mgch Khpgt

    tg pfy Tgwhee $? cieeign in punitivh

    kfcflhs. [mis ofch in tmh shognk pmfsh

    g` Tgwhee’s ofsh. F jury, in Cfrom, sfik tmh

    ogcpfny smguek pfy mic $68 cieeign `gr

    sthfeinl mis ―_f`h Mfnks– lfklht tmft is

    ngw f``ixhk tg rfkife sfws ft nhfrey

    1,444 Mgch Khpgts nftignwikh. Juklh Murehy fe sg grkhrhk Mgch

    Khpgt tg pfy Tgwhee’s efwyhrs $1.=

    cieeign, fnk tg pfy Tgwhee fn hsticfthk

    $6 cieeign in inthrhst fnnufeey gn tmh

     juklchnt. [mh inthrhst ahlfn auiekinl

    up in 1440 fnk wiee ogntinuinl fooruinl

    untie Mgch Khpgt pfys up. I unkhrstfnk

    tmh $18 cieeign juklchnt oguek mfvh

    ahhn fvgikhk mfk tmh ogcpfny flrhhk

    in 144; tg pfy Tgwhee tmh $1,444 mh

    g``hrhk tg omfrlh `gr hfom khvioh. [mft

     wguek mfvh ogch tg $; cieeign. Insthfk,

     Juklh Murehy sfik, tmh `irc kispftomhk

     wgrbhrs tg kupeiofth tmh sfw lufrks

    Tgwhee feegwhk tmhc tg thst in hilmt

    stgrhs in Lhgrlif fnk Ofei`grnif. ―It’s sfk

    tg sfy, aut Mgch Khpgt eithrfeey grlf-

    nizhk f tmh`t g` tmh Tgwhee invhntign,–

    mh sfik.

    _guroh: Tfec Ahfom Tgst

    I].

    OGNLQH__IGNFE

    XTKF[H

    FX[G  _ F@H[Y  G PHQMFXE EHLI_EF[IGN  I N[QGKXOHK  I N  [ MH  M GX_H 

     F cfjgr gvhrmfue g` mgw tmh `hkhrfe

    lgvhrnchnt rhluefths futgcgaieh sf`htyis egnl gvhrkuh. [mhrh is ourrhntey f

    cgvhchnt in \fsminltgn tg ognkuot

    suom fn gvhrmfue. Qhp. Mhnry \fxcfn

    (K-OF) is tmh futmgr g` f aiee in tmh Mgush

    tmft wguek cfbh silni`iofnt omfnlhs in

    tmh sf`hty stfnkfrks fnk tmh futmgrity g`

    tmh Nftignfe Milmwfy [rf``io _f`hty

     Fkcinistrftign tg hn`groh tmhc. [mis ehl-

    iseftign is nhhkhk ngw cgrh tmfn hvhr.

    In mfnkeinl prgkuot eifaieity eitilftign,

    efwyhrs in gur `irc frh rgutinhey `fohk

     witm frluchnts `rgc futgcgaieh cfnu-`foturhrs sfyinl tmft tmhir vhmioehs frh

    ―rhfsgnfaey sf`h– just ahofush tmh

    khsilns ogcpey witm tmh NM[_F stfn-

    kfrks. [mhrh frh nuchrgus prgaehcs

     witm tmis frluchnt. @irst fnk `grhcgst,

    cfny g` tmh stfnkfrks frh lrgssey gut-

    kfthk. _gch g` tmh stfnkfrks whrh hstfa-

    eismhk ?4-;4 yhfrs flg. Kuh tg fkvfnohs

    in thomngegly fnk cfthrifes, tmh stfn-

    kfrks frh whfb fnk `fie tg fkkrhss cfny

    g` tmh ―nhw– prgaehcs orhfthk ay tmh

    rfpik omfnlhs in tmh khsiln g` futgcg-

    aiehs fnk tmhir ogcpgnhnts. Trich hxfc-

    pehs frh tmh sf`hty rhlueftigns rheftinl tg

     vhmioeh tirhs.

     \mieh sgch rhohnt uplrfkhs tg tmh

    stfnkfrks mfvh ahhn cfkh, cfny g` tmh

    ourrhnt orithrif whrh put intg pefoh

     wmhn tmh vfst cfjgrity g` tirhs gn tmh

    rgfks whrh aifs-pey tirhs. [gkfy, virtufeey

    fee tirhs gn tmh rgfks frh sthhe ahethk

    rfkifes. Fngtmhr issuh invgevhs _XPs. [mh

     www.JhrhAhfsehyQhpgrt.ogc 68

  • 8/9/2019 The Jere Beasley Report, Jun. 2010

    16/40

    stfnkfrks tmft fppey tg _XPs whrh

    fkgpthk ft f tich wmhn tmhsh pgpuefr

     vhmioehs whrh afrhey in hxisthnoh. Fs f

    rhsuet tmh stfnkfrks frh lrgssey infkh-

    qufth `rgc f sf`hty phrsphotivh.

    Qhp. \fxcfn’s ehliseftign wguek

    cfnkfth tmft fee vhmioehs ah hquipphk

     witm aefob agxhs tmft wguek prgvikh

    afsio vhmioeh kiflngstio kftf. [mh ehlisef-

    tign wguek fesg cfnkfth tmft cfnu`fo-turhrs instfee arfbh gvhrrikh systhcs‛f

    chfsurh tmft wguek kirhotey fkkrhss tmh

    sukkhn foohehrftign prgaehc wh frh

    shhinl in [gygtfs fnk gtmhr vhmi-

    oehs. [gygtf rhohntey flrhhk tg pfy $60.;

    cieeign `gr khefyinl ay ft ehfst `gur

    cgntms f rhofee g` 1.? cieeign vhmioehs

    gvhr stioby phkfe ognohrns. I` tmh

     \fxcfn aiee mfk ahhn efw, NM[_F oguek

    mfvh icpgshk f $09 aieeign phnfety. Cgst

    icpgrtfntey, tmh aiee wguek lrfnt tmh rhl-

    ueftgry flhnoy pgwhr tg grkhr tmh icch-kifth ohssftign g` sfehs fnk prgkuotign

    g` vhmioehs tmft pgsh fn ―iccinhnt

    kfnlhr– tg tmh puaeio.

    Qhp. \fxcfn, wmg mfs egnl ahhn f

    omfcpign g` ognsuchr rilmts, sfik tmh

    aiee wfs fichk ft rhstgrinl ―tmh `fitm g`

    tmh krivinl puaeio.– F lrgup g` Mgush

    Qhpuaeiofns, wmg frh ilngrinl rhfeity,

    frh gppgsinl tmh aiee, ofeeinl it ―gvhrbiee.–

    [mis ehliseftign is afkey nhhkhk, fnk i` it

     whrh tg rhsu et in tmh fvgikfnoh g`

    fngtmhr [gygtf-typh sf`hty orisis, tmh

    h``grts cfkh tg pfss tmh rh`grc chfsurh wguek ah whee wgrtm it.

    C GQH  G N  [ MH  C G[GQ  P HMIOEH  _ F@H[Y  FO[  G @  1464 

    _hnftgrs intrgkuohk tmhir vhrsign g`

    argfk futgcgaieh sf`hty ehliseftign in

    hfrey Cfy tmft wguek sht nhw stfnkfrks

    `gr stgppinl kistfnoh, pusm-auttgn ilni-

    tign systhcs, kftf rhogrkhrs fnk heho-

    trgnio ogntrges. It ogchs f whhb f`thr

    Mgush efwcfbhrs unvhiehk tmhir gwn

    futg sf`hty chfsurh fs chntignhk fagvh.

    [mis wiee ah Ognlrhss’s `irst shrigus

    eggb ft futg sf`hty in f khofkh, wmhn efw-

    cfbhrs pfsshk rh`grcs f`thr fooikhnts

    invgevinl @irhstgnh tirhs gn tmh @grk

    Hxpegrhr. _hnftgr Jgmn K. Qgobh`heehr IP,

    Khcgorft g` \hst Pirlinif, wmg is omfir-

    cfn g` tmh _hnfth Ogccitthh gn Ogc-

    chroh, _oihnoh fnk [rfnspgrtftign, fnk

    _hnftgr Cfrb E. Trygr, Khcgorft g`

     Frbfnsfs, wmg mhfks tmh _hnfth suaogc-

    citthh gn ognsuchr prgthotign issuhs,

    intrgkuohk tmh _hnfth chfsurh. _hnftgr

    Qgobh`heehr, in kisoussinl tmh ehliseftign,

    mfk tmis tg sfy:

     Qhohnt [gygtf rhofees smgwhk fn

    urlhnt nhhk tg upkfth sf`hty stfn- 

    kfrks tg rh`ehot cgkhrn vhmioehthomngegly fnk livh futg sf`hty

    rhlueftgrs tmh strgnlhr tgges fnk

    rhsgurohs tmhy nhhk tg prgthot tmh

     puaeio. \h ofn kg ahtthr ay tmh

     Fchriofn phgpeh‛fnk wh wiee

    witm tmis aiee.

    Agtm tmh Mgush fnk _hnfth aiees frh

    titehk tmh Cgtgr Phmioeh _f`hty Fot g`

    1464. [mh _hnfth aiee mfs prgvisigns

    siciefr tg tmh vhrsign prgpgshk ay Qhp.

     \fxcfn. [mh _hnfth aiee wguek rhquirh

    futgcgaiehs tg ah faeh tg stgp witmin fohrtfin kistfnoh, hvhn witm fn gphn

    tmrgtteh, f prigrity witm sf`hty fkvgofths

    `gr cfny yhfrs. Gnh wfy tg chht tmh

    stfnkfrk wguek ah `gr ofrcfbhrs tg

    instfee arfbh gvhrrikh systhcs. Inthrhst-

    inley, nhitmhr aie e rhquirhs tmh

    systhcs. [mh _hnfth aiee kghs rhquirh

    NM[_F tg issuh f rueh rhquirinl f

    cinicuc kistfnoh ahtwhhn foohehrftgr

    fnk arfbh phkfes fnk tmh vhmioeh `eggr. It

    rhquirhs f stfnkfrk lgvhrninl tmh sf`hty

    g` hehotrgnio vhmioeh ogntrges. Fesg,

    NM[_F wguek hstfaeism stfnkfrks gn

    bhyehss ilnitign systhcs, wmiom mfvh

    ahogch cgrh pgpuefr in f nucahr g`

    futgcgaiehs. [mh rueh wguek ah fichk ft

    stfnkfrkizinl tmh sthps f krivhr wguek

    tfbh tg arinl f vhmioeh unkhr ogntrge in

    fn hchrlhnoy.

     Futgcfbhrs wguek ah rhquirhk unkhr

    tmh ehliseftign tg instfee hvhnt kftf

    rhogrkhrs, fesg ofeehk ―aefob agxhs,–

     wmiom rhogrk in`grcftign smgrtey ah`grh

    fnk f`thr f orfsm. [mh prgvisign wguek

    rhquirh tmh khviohs tg rhogrk ft ehfst 04shognks g` kftf ah`grh fnk 68 shognks

    f`thr f orfsm in wmiom tmh fir afl

    khpegys. Cfny ourrhnt khviohs, wmiom frh

    ngt rhquirhk, rhogrk `gr f smgrthr

    phrigk. [mh aiee wguek inorhfsh tmh oivie

    phnfety gn futgcfbhrs tg $18,444 f

     vhmioeh, `rgc $8,444, fnk rhcgvh tmh

    gvhrfee ofp gn oivie phnfetihs `gr futg-

    cfbhrs tmft inthntignfeey `fie tg rhpgrt

     vhmioeh sf`hty kh`hots gr inthntignfe ey

    prgvikh cisehfkinl in`grcftign. [mh

    Mgush aiee kghsn’t ogntfin fn fcgunt.

    Ourrhntey, oivie `inhs frh ofpphk ft

    $60.; cieeign, wmiom wfs wmft [gygtf

    flrhhk tg pfy rhohntey. In fkkitign, tmh

    aiee wguek prgvikh cgrh cgnhy `gr

     vhmioeh sf`hty invhstilftigns ay NM[_F.

    _hnftgr Qgobh`heehr cfkh tmis pehklh tg

    tmh Fchriof phgpeh:

    \h frh ogccitthk tg cfbinl surh

     NM[_F `infeey mfs tmh `uee futmgr- 

    ity fnk rhsgurohs it nhhks tg sfvh

    eivhs fnk prhvhnt injurihs.

    [mft’s lrhft nhws `gr ognsuchrs! Ngw

    I just mgph chcahrs g` tmh Mgush fnk

    _hnfth wiee kg twg tminls: ah faeh tg

    rhsist tmh pgwhr`ue egaayists, fnk pfss f

    lggk aiee.

    _guroh: Nhw Ygrb [ichs 

    ].

    [GYG[F

    EI[ILF[IGN

    [ GYG[F N G\  @ FOH_  M XNKQHK_  G @  _ [F[H  FNK  @ HKHQFE EF\_XI[_ 

     Foogrkinl tg f rhohnt rhpgrt, [gygtf

    Cgtgr Ogrp. `fohs cgrh tmfn ?14 efw-

    suits in `hkhrfe fnk stfth ogurts rhefthk tg

    its sukkhn foohehrftign prgaehcs. [misrhpgrt wfs `iehk gn Cfy 6st witm X._. Kis-

    triot Juklh Jfchs _henf. Efwyhrs `gr tmh

    Tefinti``s fnk [gygtf eisthk 11= `hkhrfe

    ofshs fnk 99 rhefthk ofshs in stfth

    ogurts. Fs rhpgrthk efst cgntm, f jukioife

    pfnhe ognsgeikfthk tmh `hkhrfe ofshs in

     Fprie ah`grh Juklh _henf. Juklh _henf’s

    ogurt is in Grfnlh Ogunty, Ofei`grnif,

    nhfr Egs Fnlhehs, fnk is oegsh tg [gygtf’s

    X._. mhfkqufrthrs.

    It mfs ahhn hsticfthk tmft i` [gygtf

     whrh tg shtteh tmh ofshs `gr hvhn fcgkhst pfygut tg f``hothk cgtgrists, it

    oguek ogst tmh ogcpfny ft ehfst $?

    aieeign fnk pgssiaey cuom cgrh. In ogc-

    pfrisgn, krul cfbhr Chrob & Og. pfik

    cgrh tmfn $;.= aieeign intg f shttehchnt

    `unk `gr thns g` tmgusfnks g` oefics `rgc

    `gebs wmg ushk its witmkrfwn pfinbieehr

     Pigxx. [mft wfs f ofsh in wmiom gur ìrc

     wfs gnh g` tmh ehfk efw `ircs tmft pfrtio-

    ipfthk in tmh nhlgtiftign g` tmh shtteh-

    60  www.AhfsehyFeehn.ogc 

  • 8/9/2019 The Jere Beasley Report, Jun. 2010

    17/40

    chnt. [mft wfs f cgnuchntfe

    unkhrtfbinl fnk hnkhk witm f lrhft

    rhsuet. [gygtf ferhfky mfs pfik f rhogrk

    $60.; cieeign `inh tg tmh Nftignfe

    Milmwfy [rf``io _f`hty Fkcinistrftign,

     wmiom ft tmh tich einbhk 81 khftms tg

    foohehrftign prgaehcs.

    [mh efwsuits stfrthk tg ah `iehk efst `fee

    fs [gygtf initifthk tmh `irst g` f shrihs g`

    rhofees hvhntufeey invgevinl fagut =cieeign vhmioehs‛inoeukinl fagut 0

    cieeign in tmh X._.‛gvhr foohehrftign

    prgaehcs in shvhrfe cgkhes fnk arfbh

    issuhs witm tmh pgpuefr Tr ius

    myarik. [gygtf oefichk tmft tmh foohehrf-

    tign prgaehcs whrh ofushk ay `fuety

    `eggr cfts fnk stioby foohehrftgr phkfes.

    Aut gur efwyhrs aheihvh tmhrh is f kh`hot

     witm [gygtf’s hehotrgnio tmrgtteh ogntrge

    systhc. [gygtf khnihs tmft.

    _guroh: Fssgoifthk Trhss

    C GQH  A FK  N H\_  @ GQ  [ GYG[F 

    [mhrh mfs ahhn cgrh afk nhws `gr

    [gygtf. It’s ahinl rhpgrthk tmft tmh futg-

    cfbhr wfithk nhfrey f yhfr tg issuh f X._.

    rhofee in 1448 gvhr kh`hotivh sthhrinl

    rgks in truobs fnk _XPs. [mis khefy

    goourrhk hvhn tmgulm tmhrh wfs f

    siciefr rhofee in Jfpfn. [mhrh whrh fesg

    kgzhns g` rhpgrts `rgc Fchriofn cgtgr-

    ists fagut rgks tmft snfpphk witmgut

     wfrninl. [mh lfp ahtwhhn tmh Jfpfnhshfnk X._. rhofees mfs trillhrhk f nhw

    rhvihw ay NM[_F, wmiom oguek `inh tmh

    futgcfbhr up tg $60.; cieeign. Fs wh

    mfvh prhvigusey rhpgrthk, NM[_F mfs

    ferhfky ehvhehk f $60.; cieeign `inh

    flfinst [gygtf ahofush g` gtmhr sf`hty

     vigeft igns. [mh efthst nhws gn mgw

    [gygtf mfnkehs sf`hty issuhs fnk rhofees

     wfs unogvhrhk ay fn Fssgoifthk Trhss

    invhstilftign.

    [mh FT’s `inkinls frh inthrhstinl

    ahofush [gygtf mfs ahhn fooushk g`ilngrinl `grhiln rhofees fnk ognsuchr

    ogcpefints in khefyinl f rhofee `gr tmh

    uninthnkhk foohehrftign prgaehcs. [mh

    rhsuet wfs tmh mulh sf`hty sofnkfe‛fnk

    nuchrgus rhofees‛sinoh tmh orfsm khftm

    g` f Ofei`grnif milmwfy pftrgecfn fnk

    mis `fciey efst succhr argulmt tmh issuh

    tg tmh puaeio’s ftthntign. [mus ̀ fr, NM[_F

    mfs einbhk 60 orfsmhs, tmrhh khftms fnk

    shvhn in jur ihs tg tmh s thhr inl

    kh`hot. [gygtf oefichk initifeey f`thr tmh

    144; Jfpfnhsh rhofee tmft it mfk eitteh hvi-

    khnoh g` f X._. prgaehc. Aut tmh FT invhs-

    tilftign mfs `gunk tmft tmh futgcfbhr

    mfk rhohivhk ft ehfst 81 rhpgrts `rgc X._.

    krivhrs. It wguek fpphfr tmft f chkif

    guteht is mfvinl tg kg f jga tmft is tmh

    rhspgnsiaieity g` NM[_F.

    _guroh: X_F [gkfy  fnk Fssgoifthk Trhss

    [ GYG[F T EFY_  M FQK  A FEE FNK  I _  K HOHI[@XE

    NM[_F rhehfshk sgch kgouchnts efst

    cgntm tmft frh hxtrhchey kfcflinl tg

    [gygtf’s oefics tmft it mfs nhvhr mikkhn

    fnytminl `rgc tmh `hkhrfe lgvhrnchnt

    ognohrninl its sf`hty issuhs. Ehtthrs shnt

    ay [gygtf tg NM[_F in 144; fnk 1448

     whrh cfkh puaeio. [mhsh ehtthrs rfishk

    quhstigns `rgc agtm `hkhrfe invhstilf-

    tgrs fnk viotics’ efwyhrs fagut wmhtmhrtmh ogcpfny wfs mikinl sf`hty kh`hots

    fnk cisehfkinl rhlueftgrs.

    NM[_F gphnhk fn invhstilftign intg

     wmhtmhr [gygtf lfvh tmh flhnoy tichey

    ngti`ioftign g` sthhrinl prgaehcs witm

    nhfrey 6 cieeign ;Qunnhr _XPs, [644

    piobups fnk [gygtf truobs ah`grh stfrtinl

    f _hpthcahr 1448 rhofee in tmh

    X._. [gygtf mfk rhohivhk ;6 ogcpefints

    `rgc X._. oustgchrs fagut `ftiluh orfobs

    in tmh sthhrinl rhefy rgks ah`grh Gotgahr

    144;. [mft’s tmh cgntm tmh ogcpfnyahlfn its Jfpfn rhofee g` ogcpfrfaeh

    Mieux fnk Mieux _ur` vhmioehs `gr siciefr

    rhfsgns. It’s hvikhnt tmft [gygtf bnhw g`

    shvhrfe kgzhn X._. ogcpefints ft ehfst

    64³ cgntms ah`grh ahlinninl f X._.

    rhofee. Futgcfbhrs frh rhquirhk ay efw tg

    ngti`y NM[_F witmin `ivh ausinhss kfys

    g` sf`hty kh`hots. Mhrh is wmft [gygtf

    ([CO) tgek NM[_F in its 144;-48 ehtthrs:

    • Got. 10, 144;: ―Qhfsgn tmh f``hothk

     vhmioehs sgek in tmh X._. Frh ngt

    invgevhk in tmis rhofee: [CO mfsrhohivhk `ihek in`grcftign `rgc tmh

     Jfpfnhsh cfrbht, aut ng siciefr in`gr-

    cftign `rgc tmh X._. cfrbht mfs ahhn

    rhohivhk.–

    • _hpt. 0, 1448: ―Hnk g` Gotgahr 144;:

    [CO ognkuothk f sf`hty ofcpfiln `gr

    tmh sthhrinl rhefy rgk gn ohrtfin [gygtf

    Mieux fnk Mieux _ur` vhmioehs in

     Jfpfn. [CO ognsikhrhk tmft prgaehc

     wfs tmh rhsuet g` tmh uniquh gphrftinl

    ognkitign in Jfpfn, i.h. ̀ rhquhnt stfnk-

    inl `uee egob turns, suom fs `gr nfrrgw

    pfrbinl spfohs fnk oegsh-qufrthr

    cfnhuvhrinl. Fetmgulm [CO kik ngt

    rhohivh siciefr in`grcftign `rgc tmh

    X._., [CO ogntinuhk cgnitgrinl `ihek

    in`grcftign fnk stfrthk tg rhogvhr

    suajhot pfrts `rgc cfrbhts gtmhr tmfn

     Jfpfn.–

    Agtm ehtthrs whrh silnhk ay [gygtf

    Cgtgr Ngrtm Fchriof Pioh Trhsikhnt

    Omris [intg, wmg prhvigusey mfk wgrbhk

    `gr NM[_F. [mh [gygtf ehtthrs whrh

    gatfinhk in eitilftign flfinst tmh futgcg-

    aieh cfbhr fnk turnhk gvhr tg NM[_F. F

    efwyhr invgevhk in f efwsuit flfinst

    [gygtf cfkh f rhquhst tg NM[_F, ofeeinl

    `gr fn invhstilftign intg ―tmh wikh omrgn-

    gegliofe lfps fnk fppfrhnt `feshmggks

    [gygtf mfs prgvikhk.– Ngw NM[_F’s kgo-

    uchnt rhquhst tg [gygtf inoeukhs fee ogn-suchr ogcpefints, `ihek rhpgrts, fnk

    orfsm rhpgrts ah`grh agtm rhofees. Ng gnh

    smguek ah surprishk i` Cr. [intg fnk f

    nucahr g` mis suagrkinfths `ink tmhc-

    shevhs in `rgnt g` f Ognlrhssignfe pfnhe

    flfin ah`grh egnl. [mis ogcpfny mfs f

    mistgry g` sf`hty issuhs, fnk fesg it ngw

    fpphfrs tg mfvh f mistgry g` mikinl wmft

    it mfk tg bngw `rgc NM[_F fs whee fs

    `rgc tmh puaeio.

    _guroh: Futgcgtivh Nhws 

    [ GYG[F M F_  T FIK  [ MH  $60.; C IEEIGN  @ INH 

    [gygtf mfs pfik tmh rhogrk $60.;

    cieeign `inh `gr f segw rhspgnsh tg its

    foohehrftgr phkfe rhofee. [mh Jfpfnhsh

    futgcfbhr pfik tmh `inh gn Cfy 6=tm  

     witmgut cuom `fn`frh. [mh ogcpfny

    flrhhk tg tmh `inh gn Fprie 69 tm  fnk mfk

    ?4 kfys tg pfy it. [mh `inh is tmh

    cfxicuc feegwhk unkhr efw.

    _guroh: Fssgoifthk Trhss

     www.JhrhAhfsehyQhpgrt.ogc 6

  • 8/9/2019 The Jere Beasley Report, Jun. 2010

    18/40

    ]I.

    TQGKXO[

    EIFAIEI[Y XTKF[H

    X._. T QGAH_  T G[HN[IFE O MQY_EHQ  _ [IOBY  T HKFE I __XH 

    NM[_F gphnhk fn invhstilftign efstcgntm tg rhvihw f pgthntife ―stioby foohe-

    hrftgr phkfe prgaehc– in Omrysehr Lrgup

    EEO’s 144< cgkhe-yhfr Kgklh Ofeiahr

    ofrs. Foogrkinl tg tmh flhnoy, `ivh ogn-

    suchrs rhpgrthk tmft tmh foohehrftgr

    phkfe ahofch stuob fnk wguek ngt

    rhturn tg tmh ikeh pgsitign wmhn rhehfshk.

    O[_ Ogrp., f suppeihr, cfkh tmh phkfes

    invgevhk in tmh Omrysehr invhstilftign.

    Inthrhstinley, tmis ogcpfny is fesg tmh

    suppeihr g` phkfes invgevhk in [gygtf

    Cgtgr Ogrp’s Jfnufry rhofee g` cgrh tmfn

    1 cieeign vhmioehs. Foogrkinl tg Omrysehr, its gwn rhvihw

    `gunk tmft ognsuchr ogcpefints whrh

    eicithk tg fagut 64,444 Ofeiahrs auiet

    kurinl f `ivh-whhb winkgw in Cfrom

    fnk Fprie 1440. [mh prgah ay NM[_F

    ogvhrs sgch 606,444 Kgklh Ofeiahrs

    auiet `gr tmh 144< cgkhe yhfr. Omrysehr

    fnk NM[_F sfik tmhy whrh ngt fwfrh g`

    fny fooikhnts, injurihs gr prgphrty

    kfcflh rhefthk tg tmh issuh. Omrysehr

    sfik in f prhpfrhk stfthchnt:

     It fpphfrs tg ah f suppeihr cfnu- 

     `f oturinl ognohrn, wmiom is

    chomfniofe in nfturh fnk ngt f

    khsiln gr hehotrgnio issuh.

    [mh futgcfbhr fesg sfik tmh vhmioeh is

    hquipphk witm f arfbh gvhrrikh systhc,

     wmiom feegws tmh hnlinh ogntrgeehr tg

    rhkuoh pgwhr fnk stgp tmh ofr wmhn

    agtm tmh arfbh fnk tmh foohehrftgr frh

    khprhsshk. [mis cftthr wiee ah wftomhk

    oegshey ay efwyhrs in gur Trgkuot Eifaie-

    ity _hotign._guroh: Qhuthrs 

    [ MH  68-T F__HNLHQ  P FN  I _  _ [IEE K FNLHQGX_ 

     \h mfvh writthn in shvhrfe issuhs gvhr

    tmh pfst yhfr gr sg tmft gnh g` tmh cgst

    kfnlhrgus vhmioehs gn tmh rgfk in thrcs

    g` rgeegvhr is f vhmioeh cfrbhthk `gr ush

    ay afee thfcs, sogut trggps, omuromhs fnk

    kfy ofrh ohnthrs. [mft vhmioeh is ngnh

    gtmhr tmfn tmh 68-pfsshnlhr vfn. [mh

    mistgry g` tmis vhmioeh is cfrbhk ay sf`hty

    mfzfrks tmft whrh ikhnti`ihk ay eitilftign,

    NM[_F fnk tmh Nftignfe [rfnspgrtftign

    _f`hty Agfrk. [mhrh frh fethrnftivh

    khsilns tmft smguek mfvh ahhn ognsik-

    hrhk ay tmh cfnu`foturhrs wmiom wguek

    mfvh cfkh tmh vfns sf`hr. Aut ngnh g` tmhcfnu`foturhrs sfw `it tg ush tmhc in

    khsilninl tmh vfns.

    Hvhn unegfkhk fnk witmgut pfsshn-

    lhrs, tmh vfns frh unsf`h. Aut cgrh pfs-

    shnlhrs fnk cgrh ofrlg in tmhsh vfns

    cfbhs tminls cuom wgrsh. Qhshfrom ay

    NM[_F mfs smgwn tmft 68-pfsshnlhr

     vfns witm thn gr cgrh gooupfnts mfk

    tmrhh tichs tmh rgeegvhr rftig tmfn kik

    tmgsh witm `hwhr tmfn thn gooupfnts. @i`-

    thhn-pfsshnlhr vfns witm 64-68 goou-

    pfnts mfk f rgeegvhr rftig g` =8%ogcpfrhk witm tmh rftig g` 1=.?% `gr

     vfns witm `hwhr tmfn `ivh gooupfnts.

    Ahofush g` tmhir inhxphnsivh prioh ogc-

    pfrhk tg somgge aushs, vfns ahofch f

    pgpuefr ithc. Cfrbhtinl cfthrifes mfvh

    smgwn tmft fee tmrhh cfnu`foturhrs mfvh

    cfrbhthk tmh prgkuots `gr ush ay afee

    thfcs, omuromhs fnk gtmhr lrgups.

    Cy rhogcchnkftign is tg nhvhr krivh

    gr rikh in f 68-pfsshnlhr vfn. Nhitmhr

    smguek ygu feegw f `fciey chcahr tg kg

    sg. [mhsh vhmioehs smguek ah tfbhn g`` g`

    tmh milmwfys `gr lggk. I` ygu wguek eibhtg mfvh cgrh in`grcftign gn tmh 68-pfs-

    shnlhr vfn eitilftign, ogntfot Omris

    Legvhr ft =44-=9=-14?; gr ay hcfie ft

    Omris.LegvhrDahfsehyfeehn.ogc.

    _ GCH  N H\_  G N  [ MH  @ HKHQFE T QHHCT[IGN  @ QGN[  

    In 1444, tmh X._. _uprhch Ogurt

    khoikhk Lhihr v. Fchriofn Mgnkf

     Cgtgr Og. In tmft ofsh, Fehxis Lhihr su`-

    `hrhk shvhrh mhfk fnk `foife injurihs in fn

    fooikhnt wmieh krivinl f 69=< Mgnkf

     Foogrk. [mh Foogrk wfs ngt hquipphk

     witm f krivhr’s s ikh firafl. [mh Lhihrs’

    oefichk tmft mfk Mgnkf hquipphk tmis

     Foogrk witm f krivhr’s sikh firafl, tmhn

     Fehxis’ injury wguek mfvh ahhn ngn-hxis-

    thnt gr rhkuohk. In f 8‛; khoisign, tmh

    X._. _uprhch Ogurt mhek tmft tmh Lhihrs’

    oefics whrh prhhcpthk ay tmh Nftignfe

    [rf``io fnk Cgtgr Phmioeh Fot g` 6900. In

    gtmhr wgrks, tmh Milm Ogurt khthrcinhk

    tmft tmh Lhihrs oguek ngt ftthcpt tg

    prgvh tmhir oefics ahofush f `hkhrfe efw

    tggb prhohkhnoh gvhr tmh ogccgn efw

    rheihk upgn ay tmh Lhihrs.

    [g suppgrt its frluchnt, tmgsh `ivh Jus-

    tiohs khthrcinhk tmft NM[_ mfk phrcit-

    thk cfnu`foturhrs tg omggsh fcgnl

    shvhrfe typhs g` pfssivh rhstrfints, inoeuk-inl firafls, sg tmft f vfrihty g` pfssivh

    rhstrfints wguek ah inoeukhk in futgcg-

    aiehs gn tmh cfrbht. [mh _uprhch Ogurt

    khthrcinhk tmft Mgnkf smguek ngt ah

    punismhk `gr omggsinl f pfssivh rhstrfint

    gtmhr tmfn fn firafl sinoh NM[_F mfk

    phrcitthk Mgnkf tg omggsh fngtmhr typh

    g` pfssivh rhstrfint.

    Gnoh flfin, prhhcptign is fn issuh

    pgthntifeey phnkinl ah`grh tmh X._.

    _uprhch Ogurt in f ofsh styehk \ieeifc- 

     sgn v. Cfzkf Cgtgr Ogcpfny. [mh Jus-tiohs fsbhk tmh _geioitgr Lhnhrfe, Hehnf

    Bflfn, tg suacit f arih` gn wmhtmhr prh-

    hcptign issuhs rfishk in \ieeifcsgn

    smguek ah frluhk ah`grh tmh Ogurt. In

     \ieeifcsgn, f `ftmhr, cgtmhr fnk kfulm-

    thr whrh trfvheinl in f 699? Cfzkf CTP

    cinivfn. [mh kfulmthr wfs shfthk in f

    cikkeh pgsitign shft. [mh shftahet fvfie-

    faeh `gr tmh cikkeh pgsitign shft wfs f

    efp-ahet-gney shftahet. [mh \ieeifcsgns’

     vhmioeh ogeeikhk witm fngtmhr vhmioeh

    fnk tmh kfulmthr sustfinhk `ftfe injurihs.

    _phoi`iofeey, tmh efp ahet feegwhk tmh ygunl lire’s agky tg ―jfob bni`h– frgunk

    tmh efp ahet, wmiom rhsuethk in shvhrh

    fakgcinfe injurihs fnk inthrnfe aehhkinl

     wmiom ehk tg mhr khftm.

    [mh \ieeifcsgn `fciey oefichk tmft tmh

    699? Cfzkf CTP wfs kh`hotivh ahofush

    Cfzkf smguek mfvh instfeehk f tmrhh-pgint

    rhstrfint systhc `gr tmh kfulmthr’s

    cikkeh shft pgsitign. In rhspgnsh, Cfzkf

    oefichk tmft @CP__ prhhcpthk tmh \ie-

    eifcsgns’ oefics flfinst Cfzkf. [mh

    egwhr ogurt khthrcinhk tmft NM[_F phr-citthk ofr cfnu`foturhrs tmh gptign tg

    hitmhr instfee f efp ahet gr f tmrhh-pgint

    rhstrfint systhc in tmft shftinl pgsi-

    tign. [mhrh`grh, sinoh Cfzkf mfk fn

    gptign tg instfee hitmhr gnh, tmhn tmh

    ogccgn efw oefics g` tmh \ieeifcsgns

     whrh prhhcpthk.

    In its arih` ah`grh tmh Ogurt, tmh _geioi-

    tgr Lhnhrfe stfthk tmft tmh Justiohs

    smguek mhfr tmh frluchnts g` tmh pfrtihs

    6=  www.AhfsehyFeehn.ogc 

  • 8/9/2019 The Jere Beasley Repo