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Joseph Charles 1907 - 1972

Joseph Charles of Lancaster, Lancaster County, PA was born on June 30, 1907, and died at age 64 years old in March 1972.

Joseph Charles

Lancaster, Lancaster County, PA 17603

June 30, 1907

March 1972

Male

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Joseph Charles Joseph Charles (1907 - 1972)

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Joseph Charles' History: 1907 - 1972

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06/30

1907

Birthday

June 30, 1907

Birthdate

Unknown

Birthplace

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03/dd

1972

Death

March 1972

Death date

Unknown
Cause of death

Unknown
Death location

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Did you know?

Joseph Charles lived 6 years shorter than the average family member when died at the age of 64.

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Joseph Charles lived 6 years shorter than the average family member when died at the age of 64.

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Did you know?

In 1907, in the year that Joseph Charles 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.

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In 1934, Joseph was 27 years old when 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.

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