Olive Richardson (1901 - 1974)

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Summary

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Olive Richardson Biography & Family History

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Birth

Death

Cause of death

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Burial / Funeral

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Obituary

Last Known Residence

Choteau, Teton County, Montana

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Family

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Education

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Professions

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Military Service

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Middle name

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Maiden name

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Ethnicity

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Religion

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Gender

Female

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Timeline

1901 - In the year that Olive Richardson was born, John Pierpont "J. P." Morgan created U.S. Steel. J.P. Morgan was an American banker and financier who dominated U.S. business at this time. He had previously overseen the creation of General Electric, as well as International Harvester and AT&T. He has been referred to as America's greatest banker. U.S. Steel was the first billion dollar company in the world, worth $1.4 billion in 1901.

1907 - She was just 6 years old when 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.

1924 - At the age of 23 years old, Olive was alive when on January 21st, Vladimir Lenin, a leader of the Russian Revolution and the first leader of the Soviet Union died. He had survived two assassination attempts but had subsequent physical problems, suffering 3 strokes. He was in such great pain, it is said that he asked Stalin to poison him. The circumstances of his death are still disputed. He did oppose Stalin as the next leader - nonetheless, Stalin won a power struggle and ruled as a Soviet dictator until his death in 1953.

1966 - When she was 65 years old, on July 1st, Medicare became available after President Johnson signed into law the Medicare Act in 1965. President Truman had received the first Medicare card since he had been the first to propose national healthcare law. insurance.

1974 - In the year of Olive Richardson's passing, 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.

Olive Richardson Family Tree

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Obituary

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Olive Richardson passed away in November 1974 at 73 years old. There is no listed cause of death for Olive. She was born on October 20, 1901. We are unaware of information about Olive's immediate family. We know that Olive Richardson had been residing in Choteau, Teton County, Montana.

Memories

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