Dugald John Mcnaughton (1875 - 1949)

Dugald's immediate relatives including parents, siblings, partnerships and children in the Mcnaughton family tree.

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Dugald's Family

Mcnaughton John Mcnaughton

Annie Baxter Mcnaughton

Dugald John Mcnaughton

Parents:

Mcnaughton John Mcnaughton

Werribee, Australia

Annie Baxter Mcnaughton

Werribee, Australia

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Berton David Mcnaughton

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

In 1875, in the year that Dugald John Mcnaughton was born, on May 17th, Aristides was the first horse to win the Kentucky Derby. It was the first year of the "The Most Exciting Two Minutes In Sports" - begun by Col. Meriwether Lewis Clark, Jr., the grandson of William Clark, the explorer.

In 1906, by the time he was 31 years old, English biochemist Frederick Hopkins concluded that vitamins are essential to the human body and that a lack of vitamins caused scurvy and rickets. Scurvy and rickets were both huge problems in sailors that were at sea for extended time and the addition of vitamin C, vitamin D, and calcium in their diets helped eradicate the problem.

In 1913, by the time he was 38 years old, ratified in February the 16th Amendment, establishing a Federal income tax, became law. Previously, customs duties (tariffs) and excise taxes were the primary sources of federal revenue. With the passage of the 16th Amendment, incomes of couples exceeding $4,000, as well as those of single persons earning $3,000 or more, were subject to a 1% Federal tax (that would be about $98,000 and $74,000 now). Rates rose to 7% for incomes over half a million dollars. Less than 1% of the population was subject to income tax.

In 1934, at the age of 59 years old, Dugald was alive when 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 1949, in the year of Dugald John Mcnaughton's passing, comedian Milton Berle hosted the first telethon show. It raised $1,100,000 for cancer research and lasted 16 hours. The next day, newspapers, in writing about the event, first used the word "telethon."