Joseph Campbell
(1900 - 1975)
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In 1900, in the year that Joseph Campbell was born, the unemployment rate in the U.S. was 5.0% and the cost of a first-class stamp was $0.02. 31% of all workers were employed in the public service sector, 19% of women were employed (1 percent of all lawyers and 6 percent of physicians were women), 6% of the workforce were children, and 14% of the workforce was "non-white."
In 1927, Joseph was 27 years old when aviator and media darling Charles Lindbergh, age 25, made the first successful solo TransAtlantic flight. "Lucky Lindy" took off from Long Island in New York and flew to Paris, covering 3,600 statute miles and flying for 33 1⁄2-hours. His plane "The Spirit of St. Louis" was a fabric-covered, single-seat, single-engine "Ryan NYP" high-wing monoplane designed by both Lindbergh and the manufacturer's chief engineer.
In 1934, when he was 34 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 1967, at the age of 67 years old, Joseph was alive when on October 2nd, Thurgood Marshall was sworn in as the first black US Supreme Court justice. Marshall was the great-grandson of a slave and graduated first in his class at Howard University Law School. His nomination to the Supreme Court was approved by the Senate, 69 to 11.
In 1975, in the year of Joseph Campbell's passing, 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.
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