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Morris Denerstein 1907 - 1976

Morris Denerstein of North Miami Beach, Miami-Dade County, FL was born on October 15, 1907, and died at age 68 years old in February 1976.

Morris Denerstein

North Miami Beach, Miami-Dade County, FL 33160

October 15, 1907

February 1976

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Morris Denerstein Morris Denerstein (1907 - 1976)

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Morris Denerstein's History: 1907 - 1976

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10/15

1907

Birthday

October 15, 1907

Birthdate

Unknown

Birthplace

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02/dd

1976

Death

February 1976

Death date

Unknown
Cause of death

Unknown
Death location

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Morris Denerstein lived 8 years shorter than the average family member when died at the age of 68.

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Morris Denerstein lived 8 years shorter than the average family member when died at the age of 68.

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In 1907, in the year that Morris Denerstein 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.

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In 1947, he was 40 years old when in June, the Marshall Plan was proposed to help European nations recover economically from World War II. It passed the conservative Republican Congress in March of 1948. After World War I, the economic devastation of Germany caused by burdensome reparations payments led to the rise of Hitler. The Allies didn't want this to happen again and the Marshall Plan was devised to make sure that those conditions didn't arise again.

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Morris Denerstein's Family Tree & Friends

Morris Denerstein's Family Tree

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Morris Denerstein Oct 15, 1907 - Feb 1976

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