Murble Clyde Matthews (1929 - 1986)
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1929 - 1986 World Events
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In 1929, in the year that Murble Clyde Matthews was born, American Samoa officially became a U.S. territory. Although a part of the United States since 1900, the Ratification Act of 1929 vested "all civil, judicial, and military powers in the President of the United States of America".
In 1934, by the time this person was only 5 years old, 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.
In 1962, this person was 33 years old when on August 5th, actress and sex symbol Marilyn Monroe died in Brentwood California. She was ruled to have died from suicide due to a drug overdose. There has been controversy regarding the circumstances ever since, due to her relationships with Jack and Bobby Kennedy.
In 1979, Murble was 50 years old when on March 28th, a partial nuclear meltdown occurred at the power plant at Three Mile Island Pennsylvania. Radiation leaked into the environment, resulting in a rating of 5 on a scale of 7 ("Accident With Wider Consequences") . It ended up costing $1 billion to clean up the site.
In 1986, in the year of Murble Clyde Matthews's passing, on January 28th, the space shuttle Challenger exploded 73 seconds after launch. All seven crew members died. The cause of the explosion was later found to be a failed O-ring. The O-ring failure was due to the unusually cold conditions at Cape Canaveral.
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