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Augustus R Lane (1820 - 1907)

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Augustus R Lane
1820 - 1907
Born
c. 1820
Death
February 14, 1907
Kings County, New York United States
Summary
Augustus R Lane was born c. 1820. He died on February 14, 1907 in New York United States at 87 years old.
Updated: August 14, 2013
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Augustus R Lane
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Augustus Lane died on in Kings County, New York United States
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Augustus R Lane died on February 14, 1907 in New York United States at age 87. He was born c. 1820. There is no information about Augustus' family or relationships.
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Refresh this page to see various historical events that occurred during Augustus' lifetime.

In 1820, in the year that Augustus R Lane was born, on March 4th, Maine became the 23rd state in the United States as the result of the Missouri Compromise. The Missouri Compromise allowed Maine to neither recognize nor permit slavery within the state while allowing the Missouri Territory to recognize and allow slavery.

In 1866, when he was 46 years old, on May 10th, the "banker's bank" - London bank Overend, Gurney and Company - collapsed, beginning the Panic of 1866. Unemployment went up to 8% and wages went down. Only about 16% of joint-stock companies - a company whose stock is owned jointly by the shareholders - weathered the Panic.

In 1889, at the age of 69 years old, Augustus was alive when on March 31st, the Eiffel Tower was inaugurated. Because the elevators were not yet in operation, officials had to climb to the top of the tower - it took an hour. On May 15th, the Tower opened to the public - still without working elevators - but around 30,000 visitors still made the climb. The elevators went into operation on the 26th. The Tower wasn't considered aesthetically pleasing at the time but is now one of the most iconic structures in the world.

In 1898, he was 78 years old when magnate and philanthropist John D. Rockefeller's Standard Oil Company controlled 84% of the oil and pipelines in the United States. Rockefeller grew Standard Oil through the merger of several other small oil companies throughout the U.S., creating a monopoly.

In 1907, in the year of Augustus R Lane's passing, radiometric dating, a recently discovered technology that could date rocks, found that the earth was 2.2 billion years old which was dramatically older than previously thought. Later refinements and advancements in science would date the age of the earth at over 4.5 billion years.

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Created on Jun 04, 2020 by Daniel Pinna
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