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Ernest S Lambert 1907 - 1990

Ernest S Lambert of Las Vegas, Clark County, NV was born on August 7, 1907, and died at age 83 years old on October 30, 1990.
Ernest S Lambert
Las Vegas, Clark County, NV 89101
August 7, 1907
October 30, 1990
Male
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Ernest S Lambert's History: 1907 - 1990

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  • 08/7
    1907

    Birthday

    August 7, 1907
    Birthdate
    Unknown
    Birthplace
  • 10/30
    1990

    Death

    October 30, 1990
    Death date
    Unknown
    Cause of death
    Unknown
    Death location
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  • Did you know?
    Ernest S Lambert lived 11 years longer than the average family member when died at the age of 83.
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Did you know?
In 1907, in the year that Ernest S Lambert 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.
Did you know?
In 1913, Ernest was only 6 years old when 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.
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Ernest Lambert's Family Tree & Friends

Ernest Lambert's Family Tree

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Friendships

Ernest's Friends

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 Followers & Sources

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Other Biographies

Other Ernest Lambert Biographies

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