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Arnold P Kleinschmidt 1922 - 1997

Arnold P Kleinschmidt of Lexington, Lee County, TX was born on July 25, 1922, and died at age 74 years old on June 26, 1997.

Arnold P Kleinschmidt

Lexington, Lee County, TX 78947

July 25, 1922

June 26, 1997

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Arnold P Kleinschmidt Arnold Kleinschmidt (1922 - 1997)

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Arnold P Kleinschmidt's History: 1922 - 1997

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07/25

1922

Birthday

July 25, 1922

Birthdate

Unknown

Birthplace

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06/26

1997

Death

June 26, 1997

Death date

Unknown
Cause of death

Unknown
Death location

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Arnold P Kleinschmidt lived 2 years shorter than the average family member when died at the age of 74.

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Arnold P Kleinschmidt lived 2 years shorter than the average family member when died at the age of 74.

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Did you know?

In 1922, in the year that Arnold P Kleinschmidt was born, on June 22, coal miners in Herrin Illinois, were on strike (coal miners had been on strike nationally since April 1). The striking miners were outraged at the strikebreakers (scabs) that the company had brought in and laid siege to the mine. Three union workers were killed when gunfire was exchanged. The next day, union miners killed 23 strikebreakers and mine guards. No one, on either side, ever faced jail time.

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In 1934, Arnold was just 12 years old when on June 6th, the U.S. Securities and Exchange Commission was formed as a response to the stock market crash of 1929 and the continuing Great Depression. Previously, the states regulated the offering and sales of stocks - called "blue sky" laws. They were largely ineffective. Roosevelt created a group (one member was Joseph Kennedy, father of the future President Kennedy) who knew Wall Street well and they defined the mission and operating mode for the SEC. The new organization had broad and stringent rules and oversight and restored public confidence in the stock market in the United States.

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