Ladd W Hershey (1907 - 2000)

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1907 - In the year that Ladd W Hershey 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.

1919 - This person was only 12 years old when in Norfolk Virginia, the first rotary dial telephones were introduced by the American Telephone and Telegraph Company (AT&T), making it easier to make a call without an operator.

1955 - Ladd was 48 years old when on September 10th the TV show "Gunsmoke" debuted on CBS. It went on to be television's longest-running western. Matt Dillon, Chester, Doc Adams, and Miss Kitty became household names.

1996 - Ladd was 89 years old when on April 3rd, Theodore Kaczynski (nicknamed the Unabomber) was arrested. His mailed or hand-delivered bombs, sent between 1978 and 1995, killed three people and injured 23 others. Diagnosed as suffering from paranoid schizophrenia, Kaczynski is serving 8 life sentences without the possibility of parole.

1999 - This person was 92 years old when the fear that Y2K (year 2000) would cause the failure of computers worldwide when clocks didn't properly update to January 1st, 2000 became near panic. While some computer systems and software did have problems, the panic was unfounded and computer life went on.

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