Iva Myrtle Ferguson Greenough (born 1899)

Iva Myrtle Ferguson Greenough
1899 - ? (edit)
updated February 06, 2019
Iva Myrtle Ferguson Greenough was born on July 3, 1899.
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Iva Myrtle Ferguson Greenough Biography

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Iva Myrtle Ferguson Greenough
Most commonly known name
Iva Myrtle
First name
Ferguson
Middle name
Greenough
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Unknown
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Iva Myrtle Ferguson Greenough was born on July 3, 1899. We have no information about Iva Myrtle's immediate family.
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1899 World Events

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In 1899, in the year that Iva Myrtle Ferguson Greenough 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 1901, John Pierpont "J. P." Morgan created U.S. Steel. J.P. Morgan was an American banker and financier who dominated U.S. business at this time. He had previously overseen the creation of General Electric, as well as International Harvester and AT&T. He has been referred to as America's greatest banker. U.S. Steel was the first billion dollar company in the world, worth $1.4 billion in 1901.

In 1922, the Reparations Commission assessed German liability for World War 1 at 132 billion gold marks (over $32 billion U.S. dollars at the time). This led to hyperinflation in Germany and created the political and social atmosphere in which Hitler was able to rise to power.

In 1933, 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.

In 1952, on February 6th, George VI of England died from a coronary thrombosis and complications due to lung cancer. His eldest daughter, age 25, immediately ascended the throne as Elizabeth II and her coronation was on June 2 1953.

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