William Caldwell
(1901 - 1968)
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In 1901, in the year that William Caldwell was born, John Pierpont "J. P." Morgan created U.S. Steel. J.P. Morgan was an American banker and financier who dominated U.S. business at this time. He had previously overseen the creation of General Electric, as well as International Harvester and AT&T. He has been referred to as America's greatest banker. U.S. Steel was the first billion dollar company in the world, worth $1.4 billion in 1901.
In 1910, William was just 9 years old when the Mexican revolution began. Dictator Porfirio DÃaz had ruled for 35 years and was nationally unpopular. When elections were held in 1910 and a rigged election kept Diaz in office. The uprising began - and lasted for another 10 years.
In 1931, by the time he was 30 years old, 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 1941, when he was 40 years old, on December 7th, the Japanese attacked the military base at Pearl Harbor, Hawaii. The surprise aerial attack damaged 8 U.S. battleships (6 later returned to service), including the USS Arizona, and destroyed 188 aircraft. 2,402 American citizens died and 1,178 wounded were wounded. On December 8th, the U.S. declared war on Japan and on December 11th, Germany and Italy (allies of Japan) declared war on the United States. World War II was in full swing.
In 1968, in the year of William Caldwell's passing, on June 5th, Sen. Robert F. Kennedy was shot at the Ambassador Hotel in Los Angeles by Sirhan after celebrating his win in the California presidential primary. He died the next day at Good Samaritan Hospital.
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