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Alfredo Hidalgo 1907 - 2001

Alfredo Hidalgo of Brownsville, Cameron County, TX was born on March 1, 1907, and died at age 94 years old on November 10, 2001.

Alfredo Hidalgo

Brownsville, Cameron County, TX 78520

March 1, 1907

November 10, 2001

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Alfredo Hidalgo Alfredo Hidalgo (1907 - 2001)

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Alfredo Hidalgo's History: 1907 - 2001

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03/1

1907

Birthday

March 1, 1907

Birthdate

Unknown

Birthplace

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11/10

2001

Death

November 10, 2001

Death date

Unknown
Cause of death

Unknown
Death location

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Alfredo Hidalgo lived 25 years longer than the average family member when died at the age of 94.

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Alfredo Hidalgo lived 25 years longer than the average family member when died at the age of 94.

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In 1907, in the year that Alfredo Hidalgo was born, in October, over a 3 week period, the New York stock exchange fell almost 50% from the previous year's high mark. Public panic ensued and there were runs on banks since the U.S. was in the middle of a recession. J.P. Morgan offered his own fortune to back the banks and he was followed by other financiers. This temporarily shored up the banking system, stopping the immediate panic. All of this led to the creation of the Federal Reserve.

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In 1933, he was 26 years old when the day after being inaugurated, the new President, Franklin Roosevelt, declared a four-day bank holiday to stop people from withdrawing their money from shaky banks (the bank run). Within 5 days of his administration, the Emergency Banking Act was passed - reorganizing banks and closing insolvent ones. In his first 100 days, he asked Congress to repeal Prohibition (which they did), signed the Tennessee Valley Authority Act, signed legislation that paid commodity farmers to leave their fields fallow, thus ending surpluses and boosting prices, signed a bill that gave workers the right to unionize and bargain collectively for higher wages and better working conditions as well as suspending some antitrust laws and establishing a federally funded Public Works Administration, and won passage of 12 other major laws that helped the economy.

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Alfredo Hidalgo's Family Tree & Friends

Alfredo Hidalgo's Family Tree

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Alfredo Hidalgo Mar 1, 1907 - Nov 10, 2001

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