James Blauch (1905 - 1978)

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Summary

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James Blauch Biography & Family History

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Birth

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Cause of death

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Obituary

Last Known Residence

Lebanon, Lebanon County, Pennsylvania

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Education

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Gender

Male

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Timeline

1905 - In the year that James Blauch 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.

1929 - He was 24 years old when on October 29th (Black Tuesday), the stock market crashed in the United States. Billions of dollars were lost and some investors committed suicide as a result, having lost their fortunes. This ushered in the 12 year, worldwide Great Depression.

1934 - When he was 29 years old, 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.

1935 - He was 30 years old when on August 14, the Social Security Act was signed into law. The purpose was to "provide federal assistance to those unable to work". The law established the Social Security Administration whose primary focus was to "provide aid for the elderly, the unemployed, and children". The Act survived many Supreme Court challenges and the Administration continues until today.

1978 - In the year of James Blauch's passing, on July 25th, Louise Brown, the first "test-tube baby", was born at Oldham Hospital in London. Louise was conceived through IVF (in vitro fertilization), a controversial and experimental procedure at the time.

James Blauch Family Tree

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Obituary

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James Blauch passed away in October 1978 at 72 years of age. No cause of death has been listed. He was born on November 1, 1905. We are unaware of information about James's family or relationships. We know that James Blauch had been residing in Lebanon, Lebanon County, Pennsylvania.

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