John Paul Jones, the Scottish-American naval hero, is best known for his daring USS Ranger mission during the American Revolutionary War. In 1777, he was given command of the USS Ranger, a small warship. His orders were to sail to France, a key ally of the American colonies, to seek French support and engage in naval actions against the British.
The establishment of the Bretton Woods System of Monetary Management in 1944 was a watershed point in international finance. Bretton Woods, New Hampshire was the site of the United Nations Monetary and Financial Conference, where the idea for the system was hatched. To ensure a consistent exchange rate, the participating countries linked their currencies to the U.S. dollar, which was backed by gold.