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Charles Houska c. 1913

Charles Houska of Harris County, TX was born circa 1913. Charles Houska was married to Amelia (Hoffman) Houska on May 19, 1980 in Harris County, TX. Family, friend, or fan, this family history biography is for you to remember Charles Houska.

Charles Houska

Harris County, TX

circa 1913

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Charles Houska Charles Houska (born 1913)

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Charles Houska's History: circa 1913

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1913

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Birthday

circa 1913

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Death

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In 1913, in the year that Charles Houska was born, Henry Ford installed the first moving assembly line for the mass production of an entire automobile. It had previously taken 12 hours to assemble a whole vehicle - now it took only two hours and 30 minutes! Inspired by the production lines at flour mills, breweries, canneries and industrial bakeries, along with the disassembly of animal carcasses in Chicago’s meat-packing plants, Ford created moving belts for parts and the assembly line was born.

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In 1934, 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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