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Toivo Ikalainen 1894 - 1983

Toivo Ikalainen of Princeton, Worcester County, MA was born on May 18, 1894, and died at age 89 years old in May 1983.

Toivo Ikalainen
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Princeton, Worcester County, MA 01541
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May 18, 1894
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May 1983
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Updated: October 3, 2011
Biography ID: 6000365 What's this
Toivo Ikalainen Toivo Ikalainen (1894 - 1983)
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Toivo Ikalainen's History: 1894 - 1983

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  • 05/18
    1894

    Birthday

    May 18, 1894
    Birthdate
    Unknown
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  • 05/dd
    1983

    Death

    May 1983
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    Toivo Ikalainen lived 3 years longer than the average family member when died at the age of 88.
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In 1894, in the year that Toivo Ikalainen was born, large reserves of oil were discovered on the Osage Indian reservation in Oklahoma. Previously thought to be "useless" land - not even good for farming - the tribe had bought the land themselves. The discovery of oil made the Osage the "richest group of people in the world" at the time.
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In 1907, when he was only 13 years old, 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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Toivo Ikalainen's Family Tree & Friends

Toivo Ikalainen's Family Tree

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Toivo Ikalainen May 18, 1894 - May 1983
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Other Biographies

Other Ikalainen Family Biographies

Ikalainen, Aino (Sep 28, 1894 - Jan 1983) Ikalainen, Selina (Mar 15, 1875 - Jul 15, 1966)
Ikalainen, Allen (Jul 2, 1913 - Dec 21, 1991) Ikalainen, Anne (Jan 9, 1908 - Apr 22, 1989)
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