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James Melton 1934 - 1978

James Melton was born on June 22, 1934, and died at age 44 years old in June 1978. Family, friend, or fan, this family history biography is for you to remember James Melton.

James Melton

June 22, 1934

June 1978

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James Melton James Melton (1934 - 1978)

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James Melton's History: 1934 - 1978

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06/22

1934

Birthday

June 22, 1934

Birthdate

Unknown

Birthplace

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06/dd

1978

Death

June 1978

Death date

Unknown
Cause of death

Unknown
Death location

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Did you know?

James Melton lived 27 years shorter than the average family member when died at the age of 43.

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James Melton lived 27 years shorter than the average family member when died at the age of 43.

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In 1934, in the year that James Melton was born, 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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In 1943, at the age of just 9 years old, James was alive when on June 20th through June 22nd, the Detroit Race Riot erupted at Belle Isle Park. The rioting spread throughout the city (made worse by false rumors of attacks on blacks and whites) and resulted in the deployment of 6,000 Federal troops. 34 people were killed, (25 of them black) - mostly by white police or National Guardsmen, 433 were wounded (75 percent of them black) and an estimated $2 million of property was destroyed. The same summer, there were riots in Beaumont, Texas and Harlem, New York.

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