John Smith (1907 - 1987)

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Summary

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John Smith Biography & Family History

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Birth

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Last Known Residence

Miami, Miami-Dade County, Florida

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Gender

Male

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Timeline

1907 - In the year that John Smith 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.

1958 - He was 51 years old when on January 1st, the European Economic Community (Common Market) came into operation. The first members were France, West Germany, Italy, the Netherlands, Belgium, and Luxembourg. The Common Market was formed as a way to strengthen members' economies and deter wars in Europe.

1959 - By the time he was 52 years old, on January 3rd, Alaska became the 49th state of the United States and the first state not a part of the contiguous United States. The flag was changed to display 49 stars.

1975 - When he was 68 years old, 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.

1987 - In the year of John Smith's passing, on October 19th, stock exchanges around the world crashed. Beginning in Hong Kong then spreading to Europe, the crash then hit the United States. It was called Black Monday. The Dow Jones fell 508 points to 1,738.74 (22.61%).

John Smith Family Tree

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Obituary

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John Smith passed away in July 1987 at 79 years old. There is no listed cause of death. He was born on August 29, 1907. We have no information about John's family. We know that John Smith had been residing in Miami, Miami-Dade County, Florida.

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