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Sunday, April 2, 2017

Tweed Day

William "Boss" Tweed was an american politician most notable for being the "boss" of Tammany Hall. "Boss" was the leader of the Democratic Party political machine that played a major role in politics of the 19th century New York City and State. At one time Tweed was the third largest landowner in New York City and the director of the Erie Railroad, the Tenth National Bank and the New York Printing Company as well as the proprietor of the Metropolitan Hotel.

Tweed took political office when he was elected to the United States House of Representatives in 1852 and the New York County board of supervisors in 1858. In 1867 he was elected to the New York State Senate. 

Tweed had pulled off an engineering marvel. The system was strong and solid with the ability to control the courts, legislature, treasury and ballot box. The fraud that Tweed was involved included included elegance of structure, money laundering, profit sharing and organization. When caught in the game he was convicted of stealing between $25 million and $45 million from taxpayers. Political corruption had mad Tweed a rich man but now in jail he could not make bail. He escaped and returned to custody and eventually died in Ludlow Street Jail

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