DBQ Alien and Sedition Acts Essay Example

DBQ Alien and Sedition Acts Essay The debate over the Alien and Sedition Acts of 1798 revealed bitter controversies on a number of issues.Discuss the issues involved and explain why these controversies developed. The Alien and Sedition acts of 1798 were a consequence of many troubles the United States was having at the time.Just emerging into the world under President George Washington, their foreign policy was not enough to support themselves yet.The United States needed to make sure that there would be no foreign threat to them and to do so, they made a strict isolationist policy that was almost broken by the French call for aid during the French Revolution and later by the French reprisal for not answering their demands.The United States pulled through but withdifficulty and in order to make sure that they stayed isolated from the rest of the world, they had to make sure that no immigrants would become powerful enough to change their views and go into politics and that the media would not interfere with governmen t affairs by slandering them and writing anything against the government.This brought about the Alien and Sedition Acts which were criticized from the moment they were passed in the summer of 1798 to the moment they were removed. Washingtonsfirst term as president happened to fall at the same time as the French Revolution.As a consequence Washingtons 8 years in office and his successor, John Adams had to decide whether their foreign policy should be pro French, anti French, or non involvement.Most Americans saw the French as helping them in the American Revolution, so they only saw it fit that America would then help them during their revolution.It was also easy to aid the French because they were fighting a Republican revolution and that seemed to help the US ideals.Unfortunately, the US and the French monarchy had an alliance, not the US and the French people so helping the French people was breaking the

Saks Fifth Avenue vs. Neiman Marcus - A Detailed Company Analysis Using Balance Sheets and Income Statements

Saks Fifth Avenue vs. Neiman Marcus - A Detailed Company Analysis Using Balance Sheets and Income Statements I am writing to analyse the company's current balance sheet and income statement. Particularly, I will critique on the company's results, compare it to past years, compare it to competitors, and make recommendations on how to improve its financial position.Neiman Marcus department stores offer luxurious and high-quality men's and women's apparel and accessories. The Neiman Marcus Group operates 35 stores in nearly 20 states. The 2004 net income was an impressive $204 million and revenue was $3.5 billion. More importantly, their gross profit was $1.2 billion. Their net income is approximately 5.8% (compared to total revenue) and 1.7% (compared to their gross profit). This may seem little, but when a company revenues such a large amount, a small percentage net income is a very large amount, as exemplified. Comparing it with their largest competition - Off Fifth Saks Avenue (Saks) - Neiman Marcus earns 5 times their competition's income.English: Neiman Marcus flagship store, Dallas, Tex ...The profit figure is very adequate.Neiman Marcus' income statement shows their fiscal period ends in July. The total revenue was $3.5 billion but their cost of revenue was $2.3 billion. This is 66% of their revenue. This is significantly high, but again, to increase revenue comes with expenses. After calculations, the total expenses were approximately $1 billion. On the given income statement (attached) they show mostly taxation and interest expenses. These expenses cannot be commented on because they are standard, as directed by the government. However, we are given the "selling general and administrative expense", which was $875 million. These are associated with payrolls and running the company. These expenses are 71.5% of the company's gross profit. These expenses are high and should be lowered; but in comparison to their competition, it is 10% lower.There is always room for improvement and by lowering expenses, one can...