Mary Ralston (1906 - 1987)

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Mary Ralston
1906 - 1987
Born
October 11, 1906
Death
June 1987
Last Known Residence
Seattle, King County, Washington 98102
Summary
Mary Ralston was born on October 11, 1906. She died in June 1987 at 80 years of age. We know that Mary Ralston had been residing in Seattle, King County, Washington 98102.
Updated: February 6, 2019
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Mary Ralston
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Seattle, King County, Washington 98102
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Mary Ralston died in June 1987 at age 80. She was born on October 11, 1906. We have no information about Mary's family or relationships. We know that Mary Ralston had been residing in Seattle, King County, Washington 98102.

Refresh this page to see various historical events that occurred during Mary's lifetime.

In 1906, in the year that Mary Ralston was born, President Theodore Roosevelt received the Nobel Prize for Peace. The award was considered controversial at the time because many thought that he was an imperialist. But he had brokered peace between Russia and Japan a year previous and had allowed a dispute between Mexico and the U.S. to go to arbitration, resolving the issue peacefully rather than resorting to military conflict. For these two reasons, the Nobel Prize committee chose him for the Peace Prize.

In 1913, at the age of just 7 years old, Mary was alive when ratified in February the 16th Amendment, establishing a Federal income tax, became law. Previously, customs duties (tariffs) and excise taxes were the primary sources of federal revenue. With the passage of the 16th Amendment, incomes of couples exceeding $4,000, as well as those of single persons earning $3,000 or more, were subject to a 1% Federal tax (that would be about $98,000 and $74,000 now). Rates rose to 7% for incomes over half a million dollars. Less than 1% of the population was subject to income tax.

In 1944, Mary was 38 years old when on June 22nd, the Servicemen's Readjustment Act of 1944, called the G.I. Bill, was signed into law, pushed through by the veteran's organizations. Benefits provided for veterans to return to school (high school, vocational school, or college), obtain low interest home mortgages and low interest business loans, and (if needed) one year of unemployment insurance. Since most returning vets immediately found work, less than 20% of the unemployment benefits were distributed.

In 1954, when she was 48 years old, on May 17th, the Supreme Court released a decision on Brown v. Board of Education of Topeka. The ruling stated that state laws establishing separate public schools for black and white students was unconstitutional thus paving the way for integration in schools.

In 1987, in the year of Mary Ralston's passing, on October 19th, stock exchanges around the world crashed. Beginning in Hong Kong then spreading to Europe, the crash then hit the United States. It was called Black Monday. The Dow Jones fell 508 points to 1,738.74 (22.61%).

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