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Ruth Schacht 1907 - 1989

Ruth Schacht of New York, New York County, NY was born on July 15, 1907, and died at age 82 years old on December 2, 1989.

Ruth Schacht

New York, New York County, NY 10023

July 15, 1907

December 2, 1989

Female

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Ruth Schacht Ruth Schacht (1907 - 1989)

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Ruth Schacht's History: 1907 - 1989

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07/15

1907

Birthday

July 15, 1907

Birthdate

Unknown

Birthplace

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12/2

1989

Death

December 2, 1989

Death date

Unknown
Cause of death

Unknown
Death location

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Ruth Schacht lived 6 years longer than the average family member when died at the age of 82.

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Ruth Schacht lived 6 years longer than the average family member when died at the age of 82.

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In 1907, in the year that Ruth Schacht 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.

Did you know?

In 1930, she was 23 years old when as head of the Motion Picture Producers and Distributors of America, William Hays established a code of decency that outlined what was acceptable in films. The public - and government - had felt that films in the '20's had become increasingly risque and that the behavior of its stars was becoming scandalous. Laws were being passed. In response, the heads of the movie studios adopted a voluntary "code", hoping to head off legislation. The first part of the code prohibited "lowering the moral standards of those who see it", called for depictions of the "correct standards of life", and forbade a picture from showing any sort of ridicule towards a law or "creating sympathy for its violation". The second part dealt with particular behavior in film such as homosexuality, the use of specific curse words, and miscegenation.

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