Austin Hood (1901 - 1969)

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Summary

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Austin Hood Biography & Family History

This genealogy profile is dedicated to the life and ancestry of Austin Hood and his immediate Hood family. Add to Austin Hood's genealogy page to share your memories & historical research with his family and other genealogy hobbyists.

Birth

Death

Cause of death

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Obituary

Last Known Residence

Shaw, Bolivar County, Mississippi

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Education

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Military Service

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Gender

Male

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Timeline

1901 - In the year that Austin Hood was born, Edward VII succeeded Queen Victoria. Queen Victoria of England had become Queen in 1837 and reigned until her death in 1901. Her 63 year reign was the longest in history prior to Elizabeth II who recently broke her record. The time during which she led the country was known as the Victorian era and she presided over great changes in the United Kingdom, including the expansion of the British Empire and the Industrial Revolution.

1907 - He was just 6 years old when 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.

1913 - Austin was just 12 years old when 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.

1967 - He was 66 years old when on October 2nd, Thurgood Marshall was sworn in as the first black US Supreme Court justice. Marshall was the great-grandson of a slave and graduated first in his class at Howard University Law School. His nomination to the Supreme Court was approved by the Senate, 69 to 11.

1969 - In the year of Austin Hood's passing, on July 20th, the first men walked on the moon. Apollo 11 astronauts Neil A. Armstrong and Edwin E. Aldrin Jr. both walked on the moon but it was Armstrong who first stepped on the moon. They fulfilled the promise of President Kennedy's commitment in 1961 to put a man on the moon before the end of the decade.

Austin Hood Family Tree

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Obituary

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Austin Hood passed away in July 1969 at age 67. No cause of death has been entered for Austin. He was born on September 5, 1901. We have no information about Austin's family. We know that Austin Hood had been residing in Shaw, Bolivar County, Mississippi.

Memories

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