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Andrew Balog 1907 - 1973

Andrew Balog of Allen Park, Wayne County, Michigan was born on February 4, 1907, and died at age 66 years old in December 1973.
Andrew Balog
Allen Park, Wayne County, Michigan 48101
February 4, 1907
December 1973
Male
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Andrew Balog's History: 1907 - 1973

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  • 02/4
    1907

    Birthday

    February 4, 1907
    Birthdate
    Unknown
    Birthplace
  • 12/dd
    1973

    Death

    December 1973
    Death date
    Unknown
    Cause of death
    Unknown
    Death location
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  • Did you know?
    Andrew Balog lived 7 years shorter than the average family member when died at the age of 66.
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Did you know?
In 1907, in the year that Andrew Balog 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.
Did you know?
In 1913, when he was only 6 years old, ratified in February the 16th Amendment, establishing a Federal income tax, became law. Previously, customs duties (tariffs) and excise taxes were the primary sources of federal revenue. With the passage of the 16th Amendment, incomes of couples exceeding $4,000, as well as those of single persons earning $3,000 or more, were subject to a 1% Federal tax (that would be about $98,000 and $74,000 now). Rates rose to 7% for incomes over half a million dollars. Less than 1% of the population was subject to income tax.
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Andrew Balog's Family Tree & Friends

Andrew Balog's Family Tree

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Friendships

Andrew's Friends

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