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Sidney Stone (1913 - 2001)

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Sidney Stone
1913 - 2001
Born
March 12, 1913
Death
January 21, 2001
Last Known Residence
Providence, Providence County, Rhode Island 02906
Summary
Sidney Stone was born on March 12, 1913. He died on January 21, 2001 at 87 years old. We know that Sidney Stone had been residing in Providence, Providence County, Rhode Island 02906.
Updated: October 6, 2011
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Providence, Providence County, Rhode Island 02906
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Sidney Stone passed away on January 21, 2001 at 87 years old. He was born on March 12, 1913. There is no information about Sidney's immediate family. We know that Sidney Stone had been residing in Providence, Providence County, Rhode Island 02906.
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Refresh this page to see various historical events that occurred during Sidney's lifetime.

In 1913, in the year that Sidney Stone 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.

In 1931, Sidney was 18 years old when on May 1st, the Empire State Building opened in New York City. At 1,454 feet (including the roof and antenna), it was the tallest building in the world until the World Trade Center's North Tower was built in 1970. (It is now the 34th tallest.) Opening at the beginning of the Great Depression, most of the offices in the Empire State Building remained unoccupied for years and the observation deck was an equal source of revenue and kept the building profitable.

In 1960, Sidney was 47 years old when on September 26th, the first televised debate for a Presidential campaign in the United States - Kennedy vs Nixon - was held. Seventy million people watched the debate on TV. The debate pre-empted the very popular Andy Griffith Show.

In 1979, when he was 66 years old, on November 4th, Iranian militant students seized the US embassy in Teheran and held 52 American citizens and diplomats hostage for 444 days. They were released at the end of the inauguration speech of the newly elected Ronald Reagan.

In 1997, at the age of 84 years old, Sidney was alive when on July 1st, Hong Kong was returned to China. In 1898, Great Britain was awarded Hong Kong for 99 years. In a subsequent agreement, China agreed to allow Hong Kong to remain capitalist. So the handing over of the area ended British rule but did not change the economic system of Hong Kong.

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Created on Jun 04, 2020 by Daniel Pinna
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