Money and Morals: A Time Line


| May / June 2006

Capitalism has been used to justify callousness, exploitation, even slavery. But among the greed weeds grow flowers of generosity and altruism, proof that capitalism is a human institution that can occasionally respond to our better natures.

Between A.D. 25 and 32 -- Jesus throws the money changers out of the temple.

1736 -- Philadelphia newspaper publisher Benjamin Franklin organizes the first North American volunteer fire brigade.

July 4, 1851 -- The city of Baltimore celebrates the 75th anniversary of the Declaration of Independence by releasing all debtors from jail and firing guns in their honor.



1881 -- Steel magnate Andrew Carnegie begins construction on a library in his hometown of Dunfermline, Scotland -- the first of some 2,800 libraries he will fund.

1917 -- The National Industrial Conference Board, a business organization, endorses the eight-hour workday.