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Ralph L Decubellis 1907 - 1997

Ralph L Decubellis of Pawtucket, Providence County, RI was born on February 5, 1907, and died at age 89 years old on January 20, 1997.

Ralph L Decubellis

Pawtucket, Providence County, RI 02861

February 5, 1907

January 20, 1997

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Ralph L Decubellis Ralph Decubellis (1907 - 1997)

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Ralph L Decubellis' History: 1907 - 1997

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02/5

1907

Birthday

February 5, 1907

Birthdate

Unknown

Birthplace

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01/20

1997

Death

January 20, 1997

Death date

Unknown
Cause of death

Unknown
Death location

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Ralph L Decubellis lived 15 years longer than the average family member when died at the age of 89.

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Ralph L Decubellis lived 15 years longer than the average family member when died at the age of 89.

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In 1907, in the year that Ralph L Decubellis 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 1944, by the time he was 37 years old, on June 22nd, the Servicemen's Readjustment Act of 1944, called the G.I. Bill, was signed into law, pushed through by the veteran's organizations. Benefits provided for veterans to return to school (high school, vocational school, or college), obtain low interest home mortgages and low interest business loans, and (if needed) one year of unemployment insurance. Since most returning vets immediately found work, less than 20% of the unemployment benefits were distributed.

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Ralph Decubellis' Family Tree & Friends

Ralph Decubellis' Family Tree

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Ralph L Decubellis Feb 5, 1907 - Jan 20, 1997

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