John Tesla (1893 - 1964)

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

In 1893, in the year that John Tesla was born, on March 4th, Grover Cleveland became the 24th President of the United States. On July 1st, President Cleveland was operated on for a non-cancerous tumor in his mouth. He chose to have the operation secretly because he didn't want to worsen the financial depression that was occurring at the time.

In 1908, by the time he was just 15 years old, Henry Ford developed the first Model T automobile, often called the Tin Lizzy or flivver. Produced from 1908 through 1927, it first sold for $850 - which made it affordable for every middle class family. Previously, cars were the province of the upper class and the introduction of the Model T and its availability changed U.S. culture. Within days of its release, over 15,000 cars had been ordered.

In 1934, when he was 41 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.

In 1944, John was 51 years old when on June 22nd, the Servicemen's Readjustment Act of 1944, called the G.I. Bill, was signed into law, pushed through by the veteran's organizations. Benefits provided for veterans to return to school (high school, vocational school, or college), obtain low interest home mortgages and low interest business loans, and (if needed) one year of unemployment insurance. Since most returning vets immediately found work, less than 20% of the unemployment benefits were distributed.

In 1964, in the year of John Tesla's passing, 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.