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Harry Kingsmore 1907 - 1967

Harry Kingsmore was born on April 28, 1907, and died at age 60 years old in June 1967. Family, friend, or fan, this family history biography is for you to remember Harry Kingsmore.

Harry Kingsmore

April 28, 1907

June 1967

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Harry Kingsmore Harry Kingsmore (1907 - 1967)

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Harry Kingsmore's History: 1907 - 1967

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04/28

1907

Birthday

April 28, 1907

Birthdate

Unknown

Birthplace

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06/dd

1967

Death

June 1967

Death date

Unknown
Cause of death

Unknown
Death location

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Harry Kingsmore lived 11 years shorter than the average family member when died at the age of 60.

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Harry Kingsmore lived 11 years shorter than the average family member when died at the age of 60.

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In 1907, in the year that Harry Kingsmore 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.

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In 1934, he was 27 years old 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.

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Harry Kingsmore's Family Tree & Friends

Harry Kingsmore's Family Tree

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Harry Kingsmore Apr 28, 1907 - Jun 1967

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