Gerald Francis Bonnett (1907 - 1973)

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Summary

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Gerald Francis Bonnett Biography & Family History

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Birth

Death


Heidelberg, Australia

Cause of death

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Burial / Funeral

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Obituary

Last Known Residence

Heidelberg, Australia

Average Age

Life Expectancy

Family

Father: Frederick Bonnett
Mother: Hannah Maguire Bonnett

Education

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Professions

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Military Service

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Middle name

Francis

Surnames

Ethnicity

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Nationality

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Religion

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Gender

Male

Family Photos

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Landers, Bonnett

Landers, Bonnett

Bob and Laura

Bob and Laura

Jerry Branson and Family

Jerry Branson and Family

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Timeline

1907 - In the year that Gerald Francis Bonnett was born, the showman Florenz Ziegfeld introduced his Ziegfeld Follies. Ziegfeld was inspired by the Folies Bergère of Paris and the show was a step up from the then current vaudeville shows. The top entertainers of the time played in the Follies but the stars were the Ziegfeld girls - beautiful chorus girls in elaborate costumes. For almost a quarter of a century, the Ziegfeld follies were the toast of Broadway.

1913 - Gerald was just 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.

1914 - By the time he was just 7 years old, in June, Archduke Franz Ferdinand of Austria was assassinated by a Yugoslavian national. Austria-Hungary delivered an ultimatum to Serbia. Other major powers took sides - and World War I began: Austria declared war on Serbia; Germany on Russia and France; Britain on Germany . . . and on it went until most of the world was embroiled in the war.

1934 - At the age of 27 years old, Gerald 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.

1973 - In the year of Gerald Francis Bonnett's passing, in October, Vice President Spiro Agnew resigned - President Nixon nominated Gerald Ford for Vice President. Nixon's tax returns came under investigation. Nixon offered the recently discovered Oval Office tapes be heard by one person and summarized - his offer was rejected by the Special Prosecutor. Nixon ordered the Attorney General, then the assistant Attorney General, to fire the Special Prosecutor. Both refused and were fired. The Solicitor General became the acting Attorney General and fired the Special Prosecutor (the Saturday Night Massacre). Nixon releases some of the tapes, under extreme pressure because of the firings.

Gerald Francis Bonnett Family Tree

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Obituary

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Gerald Francis Bonnett passed away in 1973 in Heidelberg, Australia at 66 years of age. There is no listed cause of death for Gerald. He was born in 1907. He was born to Frederick Bonnett and Hannah Maguire Bonnett, and we currently have no other siblings in his family tree.

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