Historic Figure
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Transcript of Historic Figure
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8/13/2019 Historic Figure
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Historic Figure
The amount that is raised is often used for daily operations such as inventory
purchase, purchase small equipment, manage unexpected expenditures and to cover the
cyclical business fluctuations. In case of Rosario Acero the total amount needed to pay down
as working capital line of credit is 4.8 million. The company has maintained its line of credit
with Banco de Sol of Buenos Aires. The line was maintained 2 percent higher than the
average market rate since it was not backed by any collateral that is the receivable and
inventory rather was supported by personal guarantee and commercial real estate. The second
purpose of long term financing is to repay the long term debt. The long term debt that the
company has pursued will mature in next 6 months; therefore it is high time for the company
to make arrangements to pay its long term debts. The total amount of long term debt is $9,
75,000.
Francis Marion Pool played a pivotal role during the Civil War in Missouri and he
was the only notable Quantrell who survived the ferocious Civil War. It is believed that
Captain Dave Pool died on May 30, 1899 due to prolonged illness. Dave Pools war tactics
and strategies are best revealed during the Lawrence raid in 1863. Similarly, he undertook
remarkable operations in March 1865 with Arch Clement, Jim Anderson and 144 other men
in Sherman, Texas. There are many who hold that Dave Pool is named after the famous
Revolutionary War guerrilla, Francis Marion who was also known as the Swamp Fox.
The Missouri-based band was formed in December 1861 by William Clark Quantrill
and originally consisted of only ten men who were determined to right the wrongs done to
Missourians by Union occupational soldiers (Longley & Eby, 2010). Kansas Jayhawkers and
the Red Legs who have widespread in Missouri were their prime enemies. Quantrill formed a
small guerrilla unit at the outbreak of the American Civil war that aimed to attack the small
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groups of Union soldiers. The growth of the army was so fast that it had many branches in
various parts of the country. It should be noted that Several times they came across their
counterparts who were called the "Jayhawkers", these were an unruly band of Union militia
based in Kansas As the main aim of the Quantrill army was the wiping away of the Union
Army, the Union Army commanders regarded him as an eye sore and therefore, declared him
as outlaw and put prize on his head. They were, by no means, ready to acknowledge his
fighting and as such they considered him nothing more than a desperado and free ranging
terrorist, a loose cannon who lived by his own rules Army was not entirely true. The
systematic procedures, like the official army with captain and other fellow soldiers, paved for
the way for the growth of the army.
The underserved popularity made Quantrill more audacious that he attempted more
attacks. One of such a serious attack was on August 21st 1863, when Quantrill's raiders
comprising of over 450 guerrilla and partisan fighters attacked the city of Lawrence in
Douglas County, Kansas (Quantrill, n. d.). The battle took place on 23rd evening when Bill
Andersons band attacked a Union baggage train and scattered the 80-man detachment of the
Third Missouri State Militia Cavalry who were on guard.