Nathan Evans (1903 - 1954)



Nathan Evans' Biography
Introduction
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1903 - 1954 World Events
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In 1903, in the year that Nathan Evans was born, the Ford Motor Company was incorporated in June after Henry Ford left another car company he founded in 1901 (which became the Cadillac Motor Company). He began Ford Motor Company with $28,000 in cash from twelve investors, two of whom (the Dodge brothers) later began their own car company. Henry Ford improved on assembly line techniques and has been so successful that his family still controls a very popular Ford line of cars and trucks.
In 1911, when he was just 8 years old, the United States Supreme Court broke up Standard Oil in May. John D. Rockefeller established Standard Oil in 1870 and it was the largest oil refinery at the time. The Supreme Court found that Standard Oil of New Jersey (one of the many iterations of Standard Oil) was guilty of "monopolizing the petroleum industry through a series of abusive and anticompetitive actions". The Court broke up the several entities that comprised Standard Oil and they eventually became competing firms.
In 1921, Nathan was 18 years old when on November 11th, the first burial was held at the Tomb of the Unknown Soldier in Arlington National Cemetery. The body of an unknown soldier - selected by Army Sgt. Edward F. Younger who was highly decorated for valor and received the Distinguished Service Cross in "The Great War" - was brought back from France (World War 1) and placed in the newly completed tomb. President Warren G. Harding officiated at the interment ceremonies.
In 1934, he was 31 years old when 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 1954, in the year of Nathan Evans's passing, 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.
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