Halla Smith (1905 - 1980)

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1905 - In the year that Halla Smith was born, federal spending was $0.57 billion, unemployment was 4.3%, and the cost of a first-class stamp was $0.02. Current U.S. government spending is $4.268 trillion.

1909 - This person was just 4 years old when Polish physician and medical researcher Paul Ehrlich found a cure for syphilis, which was a prevalent (but undiscussed) disease. He found that an arsenic compound completely cured syphilis within 3 weeks.

1934 - At the age of 29 years old, Halla 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.

1961 - When this person was 56 years old, on April 17th, about 1,000 CIA trained Cuban exiles invaded Cuba with the intention of igniting a rebellion and overthrowing Castro. They were defeated within three days. Although the operation began under Eisenhower, Kennedy approved it and the operation, named the Bay of Pigs for the beach where they landed, was a humiliation for the United States.

1980 - In the year of Halla Smith's passing, on December 8th, ex-Beatle John Lennon was shot and killed by Mark David Chapman in front of his home - the Dakota - in New York City. Chapman was found guilty of murder and still remains in jail.

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