Dorrence B Chambley (1909 - 1999)

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1909 - In the year that Dorrence B Chambley was born, the U.S. penny was changed to the Abraham Lincoln design. The Lincoln penny was so popular that it soon had to be rationed and it sold on the secondary market for a quarter. Abraham Lincoln was the first historical figure to be on a U.S. coin - which was released to commemorate his 100th birthday. This penny was also the first U.S. cent to include the words "In God We Trust.".

1934 - When this person was 25 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.

1949 - By the time this person was 40 years old, on April 4th, NATO (the North Atlantic Treaty Organization) was established. Twelve nations originally signed the North Atlantic Treaty - the United States, Great Britain, France, Belgium, the Netherlands, Denmark, Italy, Luxembourg, Norway, Iceland, Canada, and Portugal. Greece, Turkey, and West Germany later joined. Today, there are 26 nations in NATO.

1993 - This person was 84 years old when on February 26th, a truck bomb exploded in the garage under the North Tower of the World Trade Center. While the bomb didn't do what was planned (collapse the North Tower into the South Tower), it did kill six people and injured thousands of people.

1999 - In the year of Dorrence B Chambley's passing, the fear that Y2K (year 2000) would cause the failure of computers worldwide when clocks didn't properly update to January 1st, 2000 became near panic. While some computer systems and software did have problems, the panic was unfounded and computer life went on.

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