Caroline Valcourt 1872 - 1967
Caroline Valcourt's Biography
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Caroline Valcourt
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1872 - 1967 World Events
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In 1872, in the year that Caroline Valcourt was born, on December 4th, the empty American ship Mary Celeste was found in the Atlantic Ocean. Still seaworthy, under partial sail, and with one lifeboat missing, what happened on her is still a mystery. Her cargo and provisions were intact and she was used as a cargo vessel for another 12 years but the people onboard were never seen again
In 1907, when she was 35 years old, 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.
In 1933, she was 61 years old when Frances Perkins became the first woman to hold a cabinet-level position, appointed by President Roosevelt to serve as Secretary of Labor. She told him that her priorities would be a 40-hour work week, a minimum wage, unemployment compensation, worker’s compensation, abolition of child labor, direct federal aid to the states for unemployment relief, Social Security, a revitalized federal employment service, and universal health insurance. President Roosevelt approved of all of them and most them were implemented during his terms as President. She served until his death in 1945.
In 1955, she was 83 years old when on September 30th, movie star James Dean, 24, died in a car accident. He was headed in his new Porsche 550 to a race in Salinas California when, traveling at 85 mph, he collided with a 1950 Ford Tudor, also speeding, driven by a 23 year old college student. Dean died, his passenger and the other driver survived.
In 1967, in the year of Caroline Valcourt's passing, between June 5th and 10th, Israeli and Egypt, Jordan, and Syria fought what came to be called the "Six-Day War". The hostilities began when Israel launched "preemptive" strikes against Egypt, destroying nearly its entire air force. It ended with Israel occupying the Sinai Peninsula, Golan Heights, Gaza Strip and West Bank.
