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Columbia (left) and the Indian princess

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Bartholdi and Laboulaye considered how best to express the idea of American liberty. In early American history, two female figures were frequently used as cultural symbols of the nation. One, Columbia, was seen as an embodiment of the United States in the manner that Britannia was identified with the United Kingdom and Marianne came to represent France. Columbia had supplanted the earlier figure of an Indian princess, which had come to be regarded as uncivilized and derogatory toward Americans. The other significant female icon in American culture was a representation of Liberty, derived from Libertas, the goddess of freedom widely worshipped in ancient Rome, especially among emancipated slaves. A Liberty figure adorned most American coins of the time, and representations of Liberty appeared in popular and civic art, including Thomas Crawford's Statue of Freedom (1863) atop the dome of the United States Capitol Building. The figure of Liberty was also depicted on the Great Seal of France.

Artists of the 18th and 19th centuries striving to evoke republican ideals commonly used representations of Liberty. However, Bartholdi and Laboulaye avoided an image of revolutionary liberty such as that depicted in Eugène Delacroix's famed Liberty Leading the People (1830). In this painting, which commemorates France's Revolution of 1830, Liberty leads an armed mob over the bodies of the fallen. Laboulaye had no sympathy for revolution, and so Bartholdi's figure would be fully dressed in flowing robes. Instead of the impression of violence in the Delacroix work, Bartholdi wished to give the statue a peaceful appearance and chose a torch, representing progress, for the figure to bear.

Crawford's statue was designed in the early 1850s. It was originally to be crowned with a pileus, the cap given to emancipated slaves in ancient Rome. Secretary of War Jefferson Davis, a Southerner who would later serve as president of the Confederate States of America, was concerned that the pileus would be taken as an abolitionist symbol. He ordered that it be changed to a helmet. Delacroix's figure wears a pileus, and Bartholdi at first considered placing one on his figure as well. Instead, he used a diadem, or crown, to top its head In so doing, he avoided a reference to Marianne, who invariably wears a pileus. The seven rays form a halo or aureole. They evoke the sun, the seven seas, and the seven continents, and represent another means, besides the torch, whereby Liberty enlightens the world.

Bartholdi's early models were all similar in concept: a female figure in neoclassical style representing liberty, wearing a stola and pella (gown and cloak, common in depictions of Roman goddesses) and holding a torch aloft. The face was modeled after that of Charlotte Beysser Bartholdi, the sculptor's mother. He designed the figure with a strong, uncomplicated silhouette, which would be set off well by its dramatic harbor placement and allow passengers on vessels entering New York Bay to experience a changing perspective on the statue as they proceeded toward Manhattan. He gave it bold classical contours and applied simplified modeling, reflecting the huge scale of the project and its solemn purpose. Bartholdi wrote of his technique:

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Thomas Crawford's Statue of Freedom

The surfaces should be broad and simple, defined by a bold and clear design, accentuated in the important places. The enlargement of the details or their multiplicity is to be feared. By exaggerating the forms, in order to render them more clearly visible, or by enriching them with details, we would destroy the proportion of the work. Finally, the model, like the design, should have a summarized character, such as one would give to a rapid sketch. Only it is necessary that this character should be the product of volition and study, and that the artist, concentrating his knowledge, should find the form and the line in its greatest simplicity.

Aside from the change in the statue's headgear, there were other design alterations as the project evolved. Bartholdi considered having Liberty hold a broken chain, but decided this would be too divisive in the days after the Civil War. The erected statue does rise over a broken chain, half-hidden by her robes and difficult to see from the ground. Bartholdi was initially uncertain of what to place in Liberty's left hand; he settled on a tabula ansata, a keystone-shaped tabletused to evoke the concept of law. Though Bartholdi greatly admired the United States Constitution, he chose to inscribe "JULY IV MDCCLXXVI" on the tablet, thus associating the date of the country's Declaration of Independence with the concept of liberty.

Consultations with the metalwork foundry Gaget, Gauthier & Co. led Bartholdi to conclude that the skin should be made of copper sheets, beaten to shape by the repoussé method. An advantage of this choice was that the entire statue would be light for its volume—the copper need be only .094 inches (2.4 mm) thick. He decided on a height of 151 feet (46 m) for the statue, double that of Italy's Colosso di San Carlo Borromeo and the German statue of Arminius, both made with the same method. Bartholdi interested a former teacher of his, architect Eugène Viollet-le-Duc, in the project. Viollet-le-Duc planned to construct a brick pier within the statue, to which the skin would be anchored.

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1. Where is the statue of liberty located? In which island?

2. Which country sent the statue of liberty to United States as a gift?

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3. Why the designer of sculpture used a woman representing the symbol of freedom?

4. Who is the designer of statue of liberty?

5. The first proposal of making this sculpture was?

6. Briefing describes the creative process for statue of liberty.

Wall Street

Wall Street refers to the financial district of New York City, named after and centered on the eight-block-long street running from Broadway to South Street on the East River in lower Manhattan.

Over time, the term has become a metonym for the financial markets of the United States as a whole, or signifying New York-based financial interests. It is the home of the New York Stock Exchange, the world's largest stock exchange by market capitalization of its listed companies.

Several other major exchanges have or had

headquarters in the Wall Street area, including NASDAQ, the New York Mercantile Exchange, the New York Board of Trade, and the former American Stock Exchange. Anchored by Wall Street, New York City is one of the world's principal financial centers.

Wall Street-Wall Street in the New York economy

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Finance professor Charles R. Geisst wrote that the exchange has become "inextricably intertwined into New York's economy".Wall Street pay, in terms of salaries and bonuses and taxes, is an important part of the economy of New York City, the tri-state metropolitan area, and the United States. In 2008, after a downturn in the stock market, the decline meant $18 billion less in taxable income, with less money available for "apartments, furniture, cars, clothing and services".A falloff in Wall Street's economy could have "wrenching effects on the local and regional economies".

Estimates vary about the number and quality of financial jobs in the city. One estimate was that Wall Street firms employed close to 200,000 persons in 2008. Another estimate was that in 2007, the financial services industry which had a $70 billion profit became 22 percent of the city's revenue. Another estimate (in 2006) was that the financial services industry makes up 9% of the city's work force and 31% of the tax base. An additional estimate (2007) from Steve Malanga of the Manhattan Institute was that the securities industry accounts for 4.7 percent of the jobs in New York City but 20.7 percent of its wages, and he estimated there were 175,000 securities-industries jobs in New York (both Wall Street area and midtown) paying an average of $350,000 annually. Between 1995 and 2005, the sector grew at an annual rate of about 6.6% annually, a respectable rate, but that other financial centers were growing faster. Another estimate (2008) was that Wall Street provided a fourth of all personal income earned in the city, and 10% of New York City's tax revenue.

The seven largest Wall Street firms in the first decade of the 21st century were Bear Stearns, JPMorgan Chase, Citigroup Incorporated, Goldman Sachs, Morgan Stanley, Merrill Lynch and Lehman Brothers. During the recession of 2008–2010, many of these firms went out of business or were bought up at firesale prices by other financial firms. In 2008, Lehman filed for bankruptcy, Bear Stearns was bought up by JP Morgan Chasewith blessing by the U.S. government, and Merrill Lynch was bought up by Bank of America. These failures marked a catastrophic downsizing of Wall Street as the financial industry goes through restructuring and change. Since New York's financial industry provides almost one-fourth of all income produced in the city, and accounts for 10% of the city's tax revenues and 20% of the state's, the downturn has had huge repercussions for government treasuries. New York's mayor Michael Bloomberg reportedly over a four year period dangled over $100 million in tax incentives to persuade Goldman Sachs to build a 43-story headquarters in the financial district near the destroyed World Trade Center site. In 2009, things looked somewhat gloomy, with one analysis by the Boston Consulting Group suggesting that 65,000 jobs had been permanently lost because of the downturn. But there were signs that Manhattan property prices were rebounding with price rises of 9% annually in 2010, and bonuses were being paid once more, with

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average bonuses over $124,000 in 2010. The U.S. banking industry employes 1.86 million people and earned profits of $22 billion in the second quarter of 2010, up substantially from previous quarters.

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1. Where is the Wall Street located?

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Trinity Church

Trinity Church (also known as Trinity Wall Street) at 79 Broadway, Lower Manhattan, is a historic, active parish church in the Diocese of New York. Trinity Church is at the intersection of Wall Street and Broadway, New York.

Trinity Church-History and architecture

In 1696, Governor Benjamin Fletcher approved the purchase of land in Lower Manhattan by the Church of England community for construction of a new church. The parish received its charter from King William III of England on May 6, 1697. Its land grant specified an annual rent of sixty bushels of wheat. The first rector was William Vesey (for whom nearby Vesey Street is named), a protege of Increase Mather, who served for 49 years until his death in 1746.

Trinity Church-First Trinity Church

The first Trinity Church building, a modest rectangular structure with a gambrel roof and small porch, was constructed in 1698. According to historical records, the infamous privateer Captain William Kidd lent the runner and tackle from his ship for hoisting the stones.

Queen Anne of England increased the parish's land holdings to 215 acres (870,000 m2) in 1705. Later, in 1709, William Huddleston founded Trinity School as the Charity School of the church, and classes were originally held in the steeple of the church. In 1754, King's College (now Columbia University) was chartered

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by King George II of Great Britain and instruction began with eight students in a school building near the church.

During the American Revolutionary War the city became the British military and political base of operations in North America, following the departure of General George Washington and the Continental Army shortly after Battle of Long Island and subsequent local defeats.

Under British occupation clergy were required to be Loyalists, while the parishioners included some members of the revolutionary New York Provincial Congress, as well as the First and Second Continental Congresses.

The church was destroyed in a fire, which started in the Fighting Cocks Tavern destroyed nearly 500 buildings and houses and left thousands of New Yorkers homeless. Six days later, most of the city's volunteer firemen followed General Washington north.

The Rev. Samuel Provoost, was appointed Rector of Trinity (1784-1800) in 1784 and the New York State Legislature ratified the charter of Trinity Church, deleting the provision that asserted its loyalty to the King of England. Whig patriots were appointed as vestrymen. In 1787, Provoost was consecrated as the first Bishop of the newly formed Diocese of New York. Following his 1789 inauguration at Federal Hall, George Washington attended Thanksgiving service, presided over by Bishop Provoost, at St. Paul's Chapel, a chapel of the Parish of Trinity Church. He continued to attend services there until the second Trinity Church was finished in 1790. St. Paul's Chapel is currently part of the Parish of Trinity Church and is the oldest public building in continuous use in New York City.

Trinity Church-Second Trinity Church and Third Trinity Church

Construction on the second Trinity Church building began in 1788; it was consecrated in 1790. The structure was torn down after being weakened by severe snows during the winter of 1838–39.

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