Carl Edward Bailey

Carl Edward Bailey (8 October 1894–23 October 1948) was the Democratic Governor of Arkansas from 1937 to 1941. Carl Edward Bailey was born in Bernie, Missouri. In 1917 he moved to Weona in Poinsett County, Arkansas and obtained work as a cashier in Weona, in nearby Trumann, and later in Augusta, Arkansas.

In 1936 Bailey ran for election as Governor of Arkansas and took office in 1937. His administration developed a library and retirement system and established the first agricultural experiment station at Batesville, Arkansas. During his term the Department of Public Welfare was founded and Arkansas was made eligible for federal welfare programs. Bailey was a proponent of President Franklin Delano Roosevelt's New Deal legislation. During his term the Arkansas State Police was created and the first civil service laws in the south were signed.

After leaving office he served as a lobbyist for a railroad union and taught law at the University of Arkansas. Carl E. Bailey died of a heart attack on 23 October 1947 in Little Rock.

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Arkansas' gross domestic product for 2005 was $87 billion. Its per capita household median income (in current dollars) for 2004 was $35,295, according to the U.S. Census Bureau. The state's agriculture outputs are poultry and eggs, soybeans, sorghum, cattle, cotton, rice, hogs, and milk. Its industrial outputs are food processing, electric equipment, fabricated metal products, machinery, paper products, bromine, and vanadium.

Several global companies are headquartered in the northwest corner of Arkansas, including Wal-Mart (the world's largest public corporation by revenue in 2007), J.B. Hunt and Tyson Foods. This area of the state has experienced an economic boom since the 1970s as a result.

In recent years, automobile parts manufacturers have opened factories in eastern Arkansas to support auto plants in other states. Additionally, the city of Conway is the site of a school bus factory.

Tourism is also very important to the Arkansas economy; the official state nickname "The Natural State" was originally created (as "Arkansas Is A Natural") for state tourism advertising in the 1970s, and is still regularly used to this day.

The New Deal was the title President Franklin D. Roosevelt gave to a sequence of programs and promises he initiated between 1933 and 1938 with the goal of giving reform to the people and economy of the United States during the Great Depression. Dozens of alphabet agencies (so named because of their acronyms, as with the SEC), were created as a result of the New Deal. Historians distinguish between the "First New Deal" of 1933, which had something for almost every group, and the "Second New Deal" (1935–36), which introduced class conflict, especially between business and unions. Opponents of the New Deal, complaining of the cost and increase in federal power, stopped its expansion by 1937 and abolished many of its programs by 1943. The Supreme Court of the United States ruled several programs unconstitutional (some parts of them were soon replaced, except for the National Recovery Administration). There are several New Deal programs still in operation; the largest such programs still in existence today are Social Security and the Securities and Exchange Commission (SEC) - the primary regulator of publicly traded U.S. firms. The New Deal represented a significant shift in political policy in the U.S., with its more lasting changes being increased government control over the economy and money supply, intervention to control prices and agricultural production, the beginning of the federal welfare state, and the promotion of trade union organizations.

Charles "Lucky" Luciano (born Salvatore Lucania) (November 24, 1897 – January 26, 1962) was a Sicilian-American mobster. Luciano is considered the father of modern organized crime and the mastermind of the massive postwar expansion of the international heroin trade.

In 1936 mobster Lucky Luciano was arrested in Hot Springs, Arkansas and offered Carl Bailey (who was the prosecuting attorney at the time) a $50,000 bribe if Bailey would not extradite him to New York. Bailey refused the bribe.

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