Livingston Gilbert (1918 - 1981)

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Summary

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Livingston Gilbert Biography & Family History

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Timeline

1918 - In the year that Livingston Gilbert was born, following European countries, Daylight Saving Time went into effect in the United States in March. It was an effort to conserve fuel needed to produce electric power. This was a war effort and proved unpopular so in most areas of the United States, Daylight Saving Time ended after World War I. It returned during World War II.

1920 - By the time this person was merely 2 years old, on November 2, radio station KDKA began broadcasting in Pittsburgh, PA. This was the first commercial radio broadcast in the United States. Westinghouse, a leading manufacturer of radios and the backer of the station, chose the date because of the Presidential election. People liked it because they could hear about the results of the election between Harding and Cox before the morning papers arrived. Four years later, there were 600 commercial stations broadcasting in the U.S.

1934 - Livingston was 16 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.

1967 - This person was 49 years old 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.

1981 - In the year of Livingston Gilbert's passing, on January 20th, Ronald Reagan became the 40th President of the United States. He ran against the incumbent, Jimmy Carter, and won 50.7% of the popular vote to Carter's 41.0%.

Livingston Gilbert Family Tree

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Obituary

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Livingston Gilbert passed away in February 1981 at 62 years old. There is no known cause of death. Livingston was born on April 27, 1918. There is no information about Livingston's family or relationships.

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