Clifton Adams (1894 - 1980)

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Summary

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Clifton Adams Biography & Family History

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Birth

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Obituary

Last Known Residence

Galesburg, Knox County, Illinois

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Gender

Male

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Timeline

1894 - In the year that Clifton Adams was born, large reserves of oil were discovered on the Osage Indian reservation in Oklahoma. Previously thought to be "useless" land - not even good for farming - the tribe had bought the land themselves. The discovery of oil made the Osage the "richest group of people in the world" at the time.

1905 - Clifton was merely 11 years old when the first movie theater opened in the United States in Pittsburgh, Pennsylvania. It was the first theater to show nothing but movies - silent films. Two men, John P. Harris and his brother-in-law Harry Davis, opened the Nickelodeon on Smithfield Street - charging 5 cents for admission. The first day, 450 people watched movies at the new theater - on the second day, more than 1500 people stood in line to get in.

1933 - When he was 39 years old, 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.

1934 - By the time he was 40 years old, 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.

1980 - In the year of Clifton Adams's passing, on December 8th, ex-Beatle John Lennon was shot and killed by Mark David Chapman in front of his home - the Dakota - in New York City. Chapman was found guilty of murder and still remains in jail.

Clifton Adams Family Tree

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Obituary

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Clifton Adams died in May 1980 at 86 years of age. There is no known cause of death. He was born on April 1, 1894. There is no information about Clifton's immediate family. We know that Clifton Adams had been residing in Galesburg, Knox County, Illinois.

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