Newell Clark
(1903 - 1969)
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In 1903, in the year that Newell Clark was born, the Harley-Davidson Motor Company was begun by two childhood friends, William Harley and Arthur Davidson - with help from Arthur's brother, Walter. Their first prototype - a "motor-bicycle" - couldn't climb hills without also pedaling, so they went back to the drawing board, and in 1904 their new version came in 4th in a race. Harley-Davidson and Indian Motorcycle Manufacturing Company were the only two major motorcycle companies to survive the Great Depression.
In 1916, this person was only 13 years old when in June, the U.S. Congress authorized a plan to expand the armed forces over the next five years. Called the National Defense Act of 1916, the national law expanded the National Guard and Army (the Army added an aviation unit), created the Reserves, and gave the President expanded authority to federalize the National Guard. It also allowed the government to stockpile, in advance, materiel to be used in wartime.
In 1926, by the time this person was 23 years old, on October 31st, Harry Houdini died in Michigan. Houdini was the most famed magician of his time and perhaps of all time, especially for his acts involving escapes - from handcuffs, straitjackets, chains, ropes slung from skyscrapers, and more. He was president of the Society of American Magicians and stringently upheld professional ethics. He died of complications from a ruptured appendix. Although he had received a blow to the area a couple of days previously, the connection between the blow and his appendicitis is disputed.
In 1934, at the age of 31 years old, Newell was alive 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 1969, in the year of Newell Clark's passing, on January 20th, Richard M. Nixon became the 37th President of the United States. Previously the Vice President to President Eisenhower, Nixon was the only President to resign in office - in his second term.
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