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Randolph Latty 1913 - 2011

Randolph Latty of Brooklyn, Kings County, NY was born on August 4, 1913, and died at age 97 years old on January 15, 2011.

Randolph Latty
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Brooklyn, Kings County, NY 11225
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August 4, 1913
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January 15, 2011
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Updated: October 5, 2011
Biography ID: 14076682 What's this
Randolph Latty Randolph Latty (1913 - 2011)
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Randolph Latty's History: 1913 - 2011

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  • 08/4
    1913

    Birthday

    August 4, 1913
    Birthdate
    Unknown
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  • 01/15
    2011

    Death

    January 15, 2011
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    Randolph Latty lived 26 years longer than the average family member when died at the age of 97.
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In 1913, in the year that Randolph Latty was born, ratified in February the 16th Amendment, establishing a Federal income tax, became law. Previously, customs duties (tariffs) and excise taxes were the primary sources of federal revenue. With the passage of the 16th Amendment, incomes of couples exceeding $4,000, as well as those of single persons earning $3,000 or more, were subject to a 1% Federal tax (that would be about $98,000 and $74,000 now). Rates rose to 7% for incomes over half a million dollars. Less than 1% of the population was subject to income tax.
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In 1933, at the age of 20 years old, Randolph was alive when the day after being inaugurated, the new President, Franklin Roosevelt, declared a four-day bank holiday to stop people from withdrawing their money from shaky banks (the bank run). Within 5 days of his administration, the Emergency Banking Act was passed - reorganizing banks and closing insolvent ones. In his first 100 days, he asked Congress to repeal Prohibition (which they did), signed the Tennessee Valley Authority Act, signed legislation that paid commodity farmers to leave their fields fallow, thus ending surpluses and boosting prices, signed a bill that gave workers the right to unionize and bargain collectively for higher wages and better working conditions as well as suspending some antitrust laws and establishing a federally funded Public Works Administration, and won passage of 12 other major laws that helped the economy.
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Randolph Latty's Family Tree & Friends

Randolph Latty's Family Tree

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Randolph Latty Aug 4, 1913 - Jan 15, 2011
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Other Biographies

Other Latty Family Biographies

Latty, Rodney (Jan 15, 1908 - Jan 20, 1993) Latty, Richard (Jun 11, 1910 - Aug 1985) Latty, Estella (Jan 20, 1917 - Oct 30, 1997) Latty, Basil (Apr 17, 1914 - Aug 1984) Latty, Beatrice (Jun 9, 1914 - Jul 16, 1999) Latty, Drexel (Sep 28, 1913 - May 23, 1999) Latty, Margaret (Jun 9, 1932 - Sep 27, 1993) Latty, Marion (Aug 22, 1911 - Jun 6, 2006) Latty, Ralph (Oct 15, 1908 - Mar 27, 1998) Latty, Alice (Aug 19, 1926 - Apr 4, 2007)
Latty, Harold (Jul 27, 1921 - Feb 1993) Latty, Amida (Feb 16, 1922 - May 12, 1997) Latty, Elaine (Sep 16, 1920 - Mar 26, 2007) Latty, Estelle (Mar 24, 1897 - Apr 3, 1990) Latty, Fredericka (Apr 12, 1901 - Jul 1978) Latty, Ernest (Apr 3, 1922 - Jan 2, 1991) Latty, Flora (Mar 3, 1930 - Feb 6, 2001) Latty, Albert (Jul 17, 1927 - Nov 18, 1997) Latty, Leo (Oct 1, 1922 - Jul 8, 1995) Latty, Eric (Jul 22, 1903 - Aug 1977)
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