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John Grace (1861 - 1933)

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John Grace
1861 - 1933
Born
1861
Death
1933
Fitzroy, Australia
Last Known Residence
Fitzroy, Australia
Summary
John Grace was born in 1861. He is the child of Grace Martin Grace and Margaret Dalton Grace. He died in 1933 in Fitzroy, Australia at age 72.
Updated: February 6, 2019
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John Grace
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Fitzroy, Australia
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John Grace passed away in 1933 in Fitzroy, Australia at 72 years of age. He was born in 1861. He is the child of Grace Martin Grace and Margaret Dalton Grace.
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Refresh this page to see various historical events that occurred during John's lifetime.

In 1861, in the year that John Grace was born, on August 5th, in order to help pay for the Civil War, the Federal government instituted the first income tax in the United States. The Revenue Act of 1861 was rescinded in 1862 but from 1861 through 1862, a flat tax was charged - 3% - on all income over $800, which included only 3% of households. In 1862, a broader tax was enacted.

In 1871, John was merely 10 years old when on July 20th, British Columbia became the 6th province of Canada. While Vancouver is the largest city in British Columbia, Victoria was chosen as the capital..

In 1893, by the time he was 32 years old, on May 5th, a crash on the New York Stock Exchange started a depression that lasted 4 years. It was the beginning of the Panic of 1893.

In 1920, by the time he was 59 years old, speakeasies replaced saloons as the center of social activity. After the 18th Amendment was ratified and selling alcohol became illegal, saloons closed and speakeasies took their place. Speakeasies, also called a blind pig or blind tiger, were "so called because of the practice of speaking quietly about such a place in public, or when inside it, so as not to alert the police or neighbors". There were a lot of them and they were very popular. And where saloons often prohibited women, they were encouraged at speakeasies because of the added profits.

In 1933, in the year of John Grace's passing, on March 4th, Franklin Delano Roosevelt became the 32nd President of the United States. He was elected four times (equaled by no other President) and guided the United States through the Great Depression, the Dust Bowl, and World War 2. His wife was his cousin Eleanor Roosevelt (Teddy Roosevelt's niece) who President Truman called "First Lady of the World". Some of the major programs that survive from his presidency are the Securities and Exchange Commission, the Wagner Act (The National Labor Relations Act of 1935) , the Federal Deposit Insurance Corporation and Social Security.

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Created on Jun 04, 2020 by Daniel Pinna
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