Jessie Morgan (1898 - 1975)

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Summary

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Jessie Morgan Biography & Family History

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Birth

Death

Cause of death

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Obituary

Last Known Residence

Grangeville, Idaho County, Idaho

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Gender

Female

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Timeline

1898 - In the year that Jessie Morgan was born, magnate and philanthropist John D. Rockefeller's Standard Oil Company controlled 84% of the oil and pipelines in the United States. Rockefeller grew Standard Oil through the merger of several other small oil companies throughout the U.S., creating a monopoly.

1929 - By the time she was 31 years old, 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 - By the time she was 36 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.

1974 - By the time she was 76 years old, on February 5th, Patty Hearst, age 19 - granddaughter of William Randolph Hearst and daughter of publisher of the San Francisco Examiner Randolph Hearst - was kidnapped by the Symbionese Liberation Army, a left wing terrorist group. She was found, alive, 19 months later.

1975 - In the year of Jessie Morgan's passing, in January, Popular Mechanics featured the Altair 8800 on it's cover. The Altair home computer kit allowed consumers to build and program their own personal computers. Thousands were sold in the first month.

Jessie Morgan Family Tree

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Obituary

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Jessie Morgan died in October 1975 at 77 years of age. No cause of death has been entered for Jessie. She was born on September 10, 1898. We have no information about Jessie's immediate family. We know that Jessie Morgan had been residing in Grangeville, Idaho County, Idaho.

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