Isaac M Maxey
(1899 - 1987)
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In 1899, in the year that Isaac M Maxey was born, the meaning of Chinese "oracle bones" was rediscovered. Farmers in China had been turning up the bones in their fields for generations but most often they were ground up and sold as medicine. The chancellor of the Imperial Academy and a friend noticed, before they ground the bones, that they had writing. The bones had been used around the second millennium BC for divination.
In 1903, when he was only 4 years old, the Harley-Davidson Motor Company was begun by two childhood friends, William Harley and Arthur Davidson - with help from Arthur's brother, Walter. Their first prototype - a "motor-bicycle" - couldn't climb hills without also pedaling, so they went back to the drawing board, and in 1904 their new version came in 4th in a race. Harley-Davidson and Indian Motorcycle Manufacturing Company were the only two major motorcycle companies to survive the Great Depression.
In 1911, he was merely 12 years old when the United States Supreme Court broke up Standard Oil in May. John D. Rockefeller established Standard Oil in 1870 and it was the largest oil refinery at the time. The Supreme Court found that Standard Oil of New Jersey (one of the many iterations of Standard Oil) was guilty of "monopolizing the petroleum industry through a series of abusive and anticompetitive actions". The Court broke up the several entities that comprised Standard Oil and they eventually became competing firms.
In 1949, at the age of 50 years old, Isaac was alive when comedian Milton Berle hosted the first telethon show. It raised $1,100,000 for cancer research and lasted 16 hours. The next day, newspapers, in writing about the event, first used the word "telethon."
In 1987, in the year of Isaac M Maxey's passing, on October 19th, stock exchanges around the world crashed. Beginning in Hong Kong then spreading to Europe, the crash then hit the United States. It was called Black Monday. The Dow Jones fell 508 points to 1,738.74 (22.61%).
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