Biosi Daniello (1884 - 1934)

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Refresh this page to see various historical events that occurred during Biosi's lifetime

In 1884, in the year that Biosi Daniello was born, on May 1st, the Federation of Organized Trades and Labor Unions - a US association - first resolved that "eight hours shall constitute a legal day's labour from and after May 1, 1886, and that we recommend to labour organisations throughout this jurisdiction that they so direct their laws as to conform to this resolution by the time named." Previously, workdays would consist of 10 to 16 hours a day - 6 days a week. It would take years before the 8 hour workday became common practice - and longer before it became a law.

In 1890, this person was just 6 years old when on January 2nd, Alice Sanger became the first female staffer to work in the White House. She was hired as a stenographer and, as such, took dictation.

In 1912, at the age of 28 years old, Biosi was alive when in October, former President Theodore Roosevelt was shot, but not killed, while campaigning for another term as President with the newly created Bull Moose (Progressive) Party. John Schrank was a Bavarian-born saloon-keeper from New York who had been stalking Roosevelt when he shot him just before a campaign speech. Shot in the chest (and showing the audience his bloody shirt), Roosevelt went on to give a 55 to 90 minute talk (reports vary on the length) before being treated for the injury. After 8 days in the hospital, Roosevelt went back on the campaign trail.

In 1929, when this person was 45 years old, on October 29th (Black Tuesday), the stock market crashed in the United States. Billions of dollars were lost and some investors committed suicide as a result, having lost their fortunes. This ushered in the 12 year, worldwide Great Depression.

In 1934, in the year of Biosi Daniello's passing, on June 6th, the U.S. Securities and Exchange Commission was formed as a response to the stock market crash of 1929 and the continuing Great Depression. Previously, the states regulated the offering and sales of stocks - called "blue sky" laws. They were largely ineffective. Roosevelt created a group (one member was Joseph Kennedy, father of the future President Kennedy) who knew Wall Street well and they defined the mission and operating mode for the SEC. The new organization had broad and stringent rules and oversight and restored public confidence in the stock market in the United States.