John Casby (1885 - 1969)

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John Casby
1885 - 1969
Born
January 19, 1885
Death
December 1969
Last Known Residence
North East, Erie County, Pennsylvania 16428
Summary
John Casby was born on January 19, 1885. He died in December 1969 at age 84. We know that John Casby had been residing in North East, Erie County, Pennsylvania 16428.
Updated: February 6, 2019
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John Casby
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North East, Erie County, Pennsylvania 16428
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John Casby passed away in December 1969 at age 84. He was born on January 19, 1885. We are unaware of information about John's surviving family. We know that John Casby had been residing in North East, Erie County, Pennsylvania 16428.

Refresh this page to see various historical events that occurred during John's lifetime.

In 1885, in the year that John Casby was born, on February 16th, the first Dow Jones Industrial Average was published by Charles Dow, who also founded the Wall Street Journal. The index was 62.76. It represented 12 stocks - American Cotton Oil, American Sugar, American Tobacco, Chicago Gas, Distilling & Cattle Feeding, General Electric, Laclede Gas, National Lead, North American, Tennessee Coal and Iron, U.S. Leather pfd. and U.S. Rubber.

In 1913, at the age of 28 years old, John was alive when ratified in February the 16th Amendment, establishing a Federal income tax, became law. Previously, customs duties (tariffs) and excise taxes were the primary sources of federal revenue. With the passage of the 16th Amendment, incomes of couples exceeding $4,000, as well as those of single persons earning $3,000 or more, were subject to a 1% Federal tax (that would be about $98,000 and $74,000 now). Rates rose to 7% for incomes over half a million dollars. Less than 1% of the population was subject to income tax.

In 1935, he was 50 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.

In 1955, at the age of 70 years old, John was alive when in January, President Eisenhower sent direct aid to South Vietnam. In February, U.S. advisors were sent to train troops.

In 1969, in the year of John Casby's passing, on January 20th, Richard M. Nixon became the 37th President of the United States. Previously the Vice President to President Eisenhower, Nixon was the only President to resign in office - in his second term.

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