David F Dalrymple 1934 - 2004
David Dalrymple's Biography
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David F Dalrymple
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1934 - 2004 World Events
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In 1934, in the year that David F Dalrymple was born, 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.
In 1946, David was just 12 years old when on July 4th, the Philippines gained independence from the United States. In 1964, Independence Day in the Philippines was moved from July 4th to June 12th at the insistence of nationalists and historians.
In 1970, David was 36 years old when on April 10th, Paul McCartney announced that he was leaving the Beatles. (John Lennon had previously told the band that he was leaving but hadn't publicly announced it.) By the end of the year, each Beatle had his own album.
In 1989, David was 55 years old when on November 9th, the Berlin Wall fell. The Wall was built by the East Germans to keep East Berliners from escaping into West Berlin, separating families and friends. When the head of the East German Communist Party announced that day that East Berliners could cross whenever they pleased, happy crowds surged across the border. People brought tools and took parts of the hated wall.
In 1994, at the age of 60 years old, David was alive when on May 6th, the Channel Tunnel or "Chunnel" was officially opened. The Chunnel is a railway tunnel beneath the English Channel that connects Great Britain to mainland France. Original plans for such a tunnel were developed in 1802 and approved by Napoleon Bonaparte but the British rejected the plan fearing that Napoleon would use the railway to invade.
