Gerald H Mobley (1926 - 1994)

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Summary

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Gerald H Mobley Biography & Family History

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Birth

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Obituary

Last Known Residence

Fort Lauderdale, Broward County, Florida

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Middle name

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Gender

Male

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Timeline

1926 - In the year that Gerald H Mobley was born, on November 15th, NBC was founded. It was the U.S.'s first major broadcast network. Ownership of the network was split between RCA (a majority partner at 50%), its founding corporate parent General Electric (which owned 30%), and Westinghouse (which owned the remaining 20%).

1933 - Gerald was just 7 years old when the day after being inaugurated, the new President, Franklin Roosevelt, declared a four-day bank holiday to stop people from withdrawing their money from shaky banks (the bank run). Within 5 days of his administration, the Emergency Banking Act was passed - reorganizing banks and closing insolvent ones. In his first 100 days, he asked Congress to repeal Prohibition (which they did), signed the Tennessee Valley Authority Act, signed legislation that paid commodity farmers to leave their fields fallow, thus ending surpluses and boosting prices, signed a bill that gave workers the right to unionize and bargain collectively for higher wages and better working conditions as well as suspending some antitrust laws and establishing a federally funded Public Works Administration, and won passage of 12 other major laws that helped the economy.

1934 - By the time he was just 8 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.

1971 - At the age of 45 years old, Gerald was alive when on May 3rd, 10,000 federal troops, 5,100 officers of the D.C. Metropolitan Police, 2,000 members of the D.C. National Guard, and federal agents assembled in Washington DC to prevent an estimated 10,000 Vietnam War protesters from marching. President Nixon (who was in California) refused to give federal employees the day off and they had to navigate the police and protesters, adding to the confusion. By the end of a few days of protest, 12,614 people had been arrested - making it the largest mass arrest in US history.

1994 - In the year of Gerald H Mobley's passing, on May 6th, the Channel Tunnel or "Chunnel" was officially opened. The Chunnel is a railway tunnel beneath the English Channel that connects Great Britain to mainland France. Original plans for such a tunnel were developed in 1802 and approved by Napoleon Bonaparte but the British rejected the plan fearing that Napoleon would use the railway to invade.

Gerald H Mobley Family Tree

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Obituary

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Gerald H Mobley passed away on February 27, 1994 at 67 years old. No cause of death has been listed for Gerald. He was born on April 6, 1926. We have no information about Gerald's family. We know that Gerald H Mobley had been residing in Fort Lauderdale, Broward County, Florida.

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