Mathew Savon
(1935 - 1984)
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Refresh this page to see various historical events that occurred during Mathew's lifetime.
In 1935, in the year that Mathew Savon was born, 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 1955, when he was 20 years old, in January, President Eisenhower sent direct aid to South Vietnam. In February, U.S. advisors were sent to train troops.
In 1968, at the age of 33 years old, Mathew was alive when on April 4th, Dr. Martin Luther King, Jr., the civil rights leader, was shot and killed by an assassin in Memphis. James Earl Ray was apprehended and plead guilty to shooting Dr. King. Ray died in jail in 1998.
In 1974, Mathew was 39 years old when on February 5th, Patty Hearst, age 19 - granddaughter of William Randolph Hearst and daughter of publisher of the San Francisco Examiner Randolph Hearst - was kidnapped by the Symbionese Liberation Army, a left wing terrorist group. She was found, alive, 19 months later.
In 1984, in the year of Mathew Savon's passing, on January 1, "Baby Bells" were created. AT&T had been the provider of telephone service (and equipment) in the United States. The company kept Western Electric, Bell Labs, and AT&T Long Distance. Seven new regional companies (the Baby Bells) covered local telephone service and were separately owned. AT&T lost 70% of its book value due to this move.
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