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Jacob Grasi 1907 - 1973

Jacob Grasi of Bismarck, Burleigh County, North Dakota was born on November 11, 1907, and died at age 65 years old in July 1973.

Jacob Grasi
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Bismarck, Burleigh County, North Dakota 58501
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November 11, 1907
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July 1973
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Updated: November 9, 2011
Biography ID: 76937896 What's this
Jacob Grasi Jacob Grasi (1907 - 1973)
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Jacob Grasi's History: 1907 - 1973

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  • 11/11
    1907

    Birthday

    November 11, 1907
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  • 07/dd
    1973

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    July 1973
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  • Did you know?
    Jacob Grasi lived 1 years shorter than the average family member when died at the age of 65.
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In 1907, in the year that Jacob Grasi 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 1919, at the age of only 12 years old, Jacob was alive when in June, the Treaty of Versailles - officially ending World War I - was signed. The European Allies demanded "compensation by Germany for all damage done to the civilian population of the Allies and their property by the aggression of Germany by land, by sea and from the air.” The requirement of compensation is seen by most as the reason for the collapse of the German economy and gave rise to the rule of Hitler.
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Jacob Grasi's Family Tree & Friends

Jacob Grasi's Family Tree

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