Mary Nancy Lee (Ayres) Chandler (born 1866)

In 1866, in the year that Mary Nancy Lee (Ayres) Chandler was born, on May 10th, the "banker's bank" - London bank Overend, Gurney and Company - collapsed, beginning the Panic of 1866. Unemployment went up to 8% and wages went down. Only about 16% of joint-stock companies - a company whose stock is owned jointly by the shareholders - weathered the Panic.

In 1873, on March 4th, Ulysses S. Grant was inaugurated for a second time as President of the United States. Grant ran against Horace Greeley - "go West, young man" - and won 55.6% of the popular vote versus Greeley's 43.8%.

In 1935, on August 14, the Social Security Act was signed into law. The purpose was to "provide federal assistance to those unable to work". The law established the Social Security Administration whose primary focus was to "provide aid for the elderly, the unemployed, and children". The Act survived many Supreme Court challenges and the Administration continues until today.

In 1977, on January 20th, Jimmy Carter became the 39th President of the United States. Running against incumbent Gerald Ford, he won 50.1% of the popular vote to Ford's 48.0%. He was elected to only one term.

In 1989, on January 20th, George Herbert Walker Bush became the 41st President of the United States. Previously Ronald Regan's Vice President, he ran against Michael Dukakis and won the popular vote by 53.4% to 45.6%.