Robert U Smith (1907 - 1998)

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Summary

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Robert U Smith Biography & Family History

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Birth

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Cause of death

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Last Known Residence

Kearneysville, Jefferson County, West Virginia

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Middle name

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Gender

Male

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Timeline

1907 - In the year that Robert U Smith 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.

1933 - At the age of 26 years old, Robert 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.

1954 - At the age of 47 years old, Robert was alive when 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.

1981 - At the age of 74 years old, Robert was alive when on January 20th, Ronald Reagan became the 40th President of the United States. He ran against the incumbent, Jimmy Carter, and won 50.7% of the popular vote to Carter's 41.0%.

1998 - In the year of Robert U Smith's passing, on December 19th, the movie Titanic - based on the 1912 sinking of the ship and starring Leonardo DiCaprio and Kate Winslet - was released. Winning 11 Oscars, it was the first film to gross over a billion dollars and eventually grossed over $2 billion.

Robert U Smith Family Tree

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Obituary

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Robert U Smith died on January 5, 1998 at 90 years of age. No cause of death has been listed for Robert. He was born on October 12, 1907. We have no information about Robert's surviving family. We know that Robert U Smith had been residing in Kearneysville, Jefferson County, West Virginia.

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