HOW MUCH DO YOU KNOW ABOUT FINANCIAL HISTORY ?

Wall Street Walks takes visitors through the historic capital of world finance — the one-square-mile of downtown Manhattan known as “ Wall Street .” Our visitors learn about people , places and events comprising over 200 years of history , as they walk among locations where it all happened .

• Regular public tours daily , except Sunday .

• Group and private tours available .

Proud walking tour partner of the Museum of American Finance .

CONTACT : www . WallSreetWalks . com tours @ wallstreetwalks . com 212-666-0175 ( office ) 212-209-3370 ( ticket hotline )

1 . How many income tax returns does the Internal Revenue Service audit each year ?

2 . Who was Ida M . Tarbell ?

3 . What territorial acquisition by the United States was labelled Seward ’ s Folly ?

4 . In the early part of the19th century , what other major land deal involved the United States and France ?

5 . MetLife is considering the sale of its life insurance units . How did the company get started in the life insurance business ?

6 . The US Postal Service recently reduced the price of first class postage from 49 to 47 cents an ounce . What was the cost in 1885 ?

7 . The Dow Jones Industrial Average consists of nine sectors . In terms of market capitalization , which is the largest sector ?

8 . What did the Wilson-Gorman Act of 1894 provide for in regard to taxes ?

9 . What university has the largest endowment ?

10 . When did the US Mint become part of the Treasury Department ?

1 . Nearly 1.4 million , or less than one percent of the 192 million tax returns , according to figures available for 2014 . 2 . Managing editor of McClure ’ s Magazine , whose investigative journalism led to the eventual breakup of the Standard Oil Trust in 1911 . 3 . The purchase of Alaska from Russia in 1867 for $ 7.2 million . 4 . The Louisiana Purchase in 1803 for $ 15 million . 5 . It sold policies dealing with Civil War related disabilities . At the end of 1864 , the company had written 17 life insurance policies and 56 accident policies . 6 . Three cents an ounce . 7 . Financials 8 . It restored the federal income tax ( later ruled unconstitutional but made permanent in 1913 through ratification of the 16th Amendment ). 9 . Harvard University , with an endowment of $ 36.4 billion . 10 . 1873 www . MoAF . org | Spring 2016 | FINANCIAL HISTORY 39