Clark Augustine Wyly (1911 - 1999)

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

In 1911, in the year that Clark Augustine Wyly was born, the United States Supreme Court broke up Standard Oil in May. John D. Rockefeller established Standard Oil in 1870 and it was the largest oil refinery at the time. The Supreme Court found that Standard Oil of New Jersey (one of the many iterations of Standard Oil) was guilty of "monopolizing the petroleum industry through a series of abusive and anticompetitive actions". The Court broke up the several entities that comprised Standard Oil and they eventually became competing firms.

In 1928, by the time he was 17 years old, Mickie Mouse was born! He first appeared in Disney's Steamboat Willie, along with Minnie. Although they were in two previous shorts, this was the first to be distributed. Steamboat Willie took advantage of the new technology and was a "talkie" - music was coordinated with the animation. It became the most popular cartoon of its day.

In 1940, he was 29 years old when on September 16th, the Selective Training and Service Act of 1940, was enacted - the first peacetime draft in U.S. history. Men between 21 and 36 were required to register with their draft boards. When World War II began, men between 18 and 45 were subject to service and men up to 65 were required to register.

In 1984, when he was 73 years old, on January 1, "Baby Bells" were created. AT&T had been the provider of telephone service (and equipment) in the United States. The company kept Western Electric, Bell Labs, and AT&T Long Distance. Seven new regional companies (the Baby Bells) covered local telephone service and were separately owned. AT&T lost 70% of its book value due to this move.

In 1997, by the time he was 86 years old, on July 1st, Hong Kong was returned to China. In 1898, Great Britain was awarded Hong Kong for 99 years. In a subsequent agreement, China agreed to allow Hong Kong to remain capitalist. So the handing over of the area ended British rule but did not change the economic system of Hong Kong.