author avatar
Mark Chandik

Jul 5, 2023

9 Fun Facts About the Declaration of Independence

Weekly Market Commentary

As we commemorate the 247th anniversary of the signing of the Declaration of Independence, let’s take a moment to appreciate some interesting facts about this treasured document. Here are nine fun facts to enjoy!

  1. Independence was declared on July 2, the Declaration was adopted on July 4, and it was signed on August 2.
  2. John Hancock was the first to sign
  3. Thomas Jefferson is considered the author of the Declaration. A five-person committee made up of Jefferson, Benjamin Franklin, John Adams, Robert Livingston, and Roger Sherman contributed ideas.
  4. The Declaration and Constitution were taken to Fort Knox shortly after the attack on Pearl Harbor.
  5. There is a message on the back of the Declaration that reads, “Original Declaration of Independence dated July 4, 1776.” Experts believe it was added while in storage.
  6. The first public reading of the Declaration took place in Philadelphia on July 8, 1776.
  7. When George Washington read the Declaration in New York City on July 9, 1776, the words were so inspiring that the people started a riot.
  8. John Dunlap made about 200 copies, which were distributed throughout the colonies. There are only 26 known surviving “Dunlap Broadsides.”
  9. In 1989, someone discovered a previously unknown Dunlap Broadside hidden in a picture frame bought for $4 at a flea market. It sold in 2000 for over $8 million.

Sources: ConstitutionCenter.org, ConstitutionFacts.com, Military.com, CNN

author avatar
Mark Chandik

Reproduction Prohibited without Express Permission. Copyright FDP Wealth Management. All rights reserved. Advisory Services offered through FDP Wealth Management, LLC, a state Registered Investment Adviser and Valmark Advisers, Inc. a SEC Registered Investment Advisor. Securities offered through ValMark Securities, Inc., Member FINRA/SIPC. 130 Springside Drive, Suite 300, Akron, OH 44333-2431 800.765.5201 Prosperity Partners and FDP Wealth Management, LLC are separate entities from ValMark Securities, Inc. and Valmark Advisers, Inc. Prosperity Partners, FDP Wealth Management, LLC, ValMark Securities, Inc., Valmark Advisers Inc., and their representatives do not offer tax advice. You should consult your tax professional regarding your individual circumstances. Indices are unmanaged and cannot be invested directly in. Past performance is not a guarantee of future results.

Indices are unmanaged and do not incur fees, one cannot directly invest in an index. You should consult your tax professional regarding your individual circumstances. This information is provided by Financial Jumble, LLC. Financial Jumble, LLC is a separate entity from ValMark Securities, Inc. and ValMark Advisers, Inc.

RELATED POSTS

Rising Mortgage Rates: A Consequence of Higher Treasury Yields

Mortgage rates have moved sharply higher in recent months, creating a noticeable headwind for homebuyers and homeowners looking to refinance.

When Bad News Is Good News

Released by the US Bureau of Labor Statistics (BLS), September’s nonfarm payroll report came in lighter than expected, and the unemployment rate unexpectedly inched higher.

Rising Bond Yields and the Stock Market

“Bond Selloff Deepens After 30-Year Yield Hits Highest Level Since 2004,” declared Bloomberg News last week. CNBC echoed the sentiment with “10-Year Treasury Yield Rockets to 19-Year High.”

The Fed Hikes Rates: What Investors Should Know

In his opening remarks in a speech last month at the Federal Reserve Bank of Kansas City’s Economic Symposium, Fed Chief Kevin Warsh said, “(Event) planners have some recreation options lined up for later today.

A Hotter August CPI Builds Rate Hike Momentum

First, let’s clarify that any attempt to predict the Federal Reserve’s actions this week is, at best, an educated guess. Fed Chair Kevin Warsh has struck a hawkish tone, and the odds of a quarter-point increase in the fed funds rate are 87%, according to the CME Group. It was 59% on September 4.