Dorothy W Ferguson
(1907 - 1997)
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In 1907, in the year that Dorothy W Ferguson was born, 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 1943, when she was 36 years old, on March 31st, the Broadway musical Oklahoma! opened. Written by Richard Rodgers and Oscar Hammerstein II (the first of their string of successful collaborations), audiences loved it. The musical ran for 2,212 performances originally and was made into a movie in 1954.
In 1952, at the age of 45 years old, Dorothy was alive when on February 6th, George VI of England died from a coronary thrombosis and complications due to lung cancer. His eldest daughter, age 25, immediately ascended the throne as Elizabeth II and her coronation was on June 2 1953.
In 1966, when she was 59 years old, on July 1st, Medicare became available after President Johnson signed into law the Medicare Act in 1965. President Truman had received the first Medicare card since he had been the first to propose national healthcare law. insurance.
In 1997, in the year of Dorothy W Ferguson's passing, on August 31st, Princess Diana of Great Britain was killed when her car crashed into a pillar in the tunnel under the Pont de l'Alma bridge in Paris. The car she was riding in was trying to evade the paparazzi but it was also discovered later that the driver of the car, who was also killed, had three times the legal limit of alcohol which likely contributed to the accident.
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