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Thelma R Gwaltney 1907 - 1999

Thelma R Gwaltney of Rittman, Wayne County, OH was born on September 18, 1907, and died at age 91 years old on April 12, 1999.

Thelma R Gwaltney

Rittman, Wayne County, OH 44270

September 18, 1907

April 12, 1999

Female

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Thelma R Gwaltney Thelma Gwaltney (1907 - 1999)

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Thelma R Gwaltney's History: 1907 - 1999

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09/18

1907

Birthday

September 18, 1907

Birthdate

Unknown

Birthplace

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04/12

1999

Death

April 12, 1999

Death date

Unknown
Cause of death

Unknown
Death location

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Thelma R Gwaltney lived 18 years longer than the average family member when died at the age of 91.

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Thelma R Gwaltney lived 18 years longer than the average family member when died at the age of 91.

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In 1907, in the year that Thelma R Gwaltney 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 1938, she was 31 years old when on June 25th (a Saturday) the Fair Labor Standards Act was signed into law by President Roosevelt (along with 120 other bills). The Act banned oppressive child labor, set the minimum hourly wage at 25 cents, and established the maximum workweek at 44 hours. It faced a lot of opposition and in fighting for it, Roosevelt said "Do not let any calamity-howling executive with an income of $1,000 a day, ...tell you...that a wage of $11 a week is going to have a disastrous effect on all American industry."

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