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William L Callahan 1907 - 1992

William L Callahan of Ralston, Pawnee County, OK was born on July 21, 1907, and died at age 85 years old on November 11, 1992.

William L Callahan

Ralston, Pawnee County, OK 74650

July 21, 1907

November 11, 1992

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William L Callahan William Callahan (1907 - 1992)

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William L Callahan's History: 1907 - 1992

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07/21

1907

Birthday

July 21, 1907

Birthdate

Unknown

Birthplace

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11/11

1992

Death

November 11, 1992

Death date

Unknown
Cause of death

Unknown
Death location

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William L Callahan lived 12 years longer than the average family member when died at the age of 85.

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William L Callahan lived 12 years longer than the average family member when died at the age of 85.

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In 1907, in the year that William L Callahan 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, at the age of 31 years old, William was alive 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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William Callahan's Family Tree & Friends

William Callahan's Family Tree

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William L Callahan Jul 21, 1907 - Nov 11, 1992

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