John Mical (1907 - 1974)

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Summary

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John Mical Biography & Family History

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Cause of death

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Last Known Residence

Chicago, Cook County, Illinois

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Male

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Timeline

1907 - In the year that John Mical was born, in October, over a 3 week period, the New York stock exchange fell almost 50% from the previous year's high mark. Public panic ensued and there were runs on banks since the U.S. was in the middle of a recession. J.P. Morgan offered his own fortune to back the banks and he was followed by other financiers. This temporarily shored up the banking system, stopping the immediate panic. All of this led to the creation of the Federal Reserve.

1929 - When he was 22 years old, on March 4th, Herbert Hoover became the 31st President of the United States. Early in his presidency, the October stock market crash - "Black Tuesday" - occurred, which lead to the Great Depression. None of his economic policies were able to make a dent in the Depression. This lead to one term and the election of Democrat Franklin D. Roosevelt winning the 1933 election in a landslide.

1964 - John was 57 years old when on February 9th, the Beatles appeared on The Ed Sullivan Show. 73 million people watched - although the Beatles couldn't be heard because of the loud screaming of the female teenage audience.

1966 - He was 59 years old when on July 1st, Medicare became available after President Johnson signed into law the Medicare Act in 1965. President Truman had received the first Medicare card since he had been the first to propose national healthcare law. insurance.

1974 - In the year of John Mical's passing, on August 9th, Gerald R. Ford became the 38th President of the United States. He had been Vice President for 8 months when he became President due to the resignation of President Nixon.

John Mical Family Tree

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Obituary

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John Mical passed away in December 1974 at age 67. There is no known cause of death. He was born on September 19, 1907. We are unaware of information about John's immediate family. We know that John Mical had been residing in Chicago, Cook County, Illinois.

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