Knud Schmidt (1877 - 1970)

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Summary

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Knud Schmidt Biography & Family History

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Birth

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Last Known Residence

Centralia, Lewis County, Washington

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Gender

Male

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Timeline

1877 - In the year that Knud Schmidt was born, on January 8th, the Battle of Wolf Mountain occurred in southern Montana Territory. Crazy Horse, Two Moon, and their warriors fought the United States Cavalry. The battle was a tactical draw and by May, Crazy Horse and his followers had surrendered at Camp Robinson.

1908 - When he was 31 years old, the Federal Bureau of Investigation was established as the domestic intelligence and security service of the United States; it simultaneously served as the nation's prime federal law enforcement agency. Stanley Finch was the first Chief (now called Director).

1933 - At the age of 56 years old, Knud was alive when Frances Perkins became the first woman to hold a cabinet-level position, appointed by President Roosevelt to serve as Secretary of Labor. She told him that her priorities would be a 40-hour work week, a minimum wage, unemployment compensation, worker’s compensation, abolition of child labor, direct federal aid to the states for unemployment relief, Social Security, a revitalized federal employment service, and universal health insurance. President Roosevelt approved of all of them and most them were implemented during his terms as President. She served until his death in 1945.

1934 - He was 57 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.

1970 - In the year of Knud Schmidt's passing, on May 1st, US troops invaded Cambodia, expanding the Vietnam War. The invasion of Cambodia was a Nixon policy, although it was argued against by both his Secretary of State and his Secretary of Defense.

Knud Schmidt Family Tree

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Obituary

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Knud Schmidt died in November 1970 at 93 years of age. There is no known cause of death for Knud. He was born on April 12, 1877. We have no information about Knud's immediate family. We know that Knud Schmidt had been residing in Centralia, Lewis County, Washington.

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