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Margaret Demski 1907 - 1979

Margaret Demski of Milwaukee, Milwaukee County, Wisconsin was born on June 29, 1907, and died at age 72 years old in July 1979.

Margaret Demski
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Milwaukee, Milwaukee County, Wisconsin 53204
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June 29, 1907
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July 1979
Death
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Updated: November 4, 2011
Biography ID: 55960158 What's this
Margaret Demski Margaret Demski (1907 - 1979)
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Margaret Demski's History: 1907 - 1979

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  • 06/29
    1907

    Birthday

    June 29, 1907
    Birthdate
    Unknown
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  • 07/dd
    1979

    Death

    July 1979
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    Margaret Demski lived exactly as long as the average family member when died at the age of 72.
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In 1907, in the year that Margaret Demski 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.
Did you know?
In 1913, she was only 6 years old when ratified in February the 16th Amendment, establishing a Federal income tax, became law. Previously, customs duties (tariffs) and excise taxes were the primary sources of federal revenue. With the passage of the 16th Amendment, incomes of couples exceeding $4,000, as well as those of single persons earning $3,000 or more, were subject to a 1% Federal tax (that would be about $98,000 and $74,000 now). Rates rose to 7% for incomes over half a million dollars. Less than 1% of the population was subject to income tax.
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Margaret Demski's Family Tree

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Margaret Demski Jun 29, 1907 - Jul 1979
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Other Biographies

Other Demski Family Biographies

Demski, Joyce (Apr 24, 1940 - Jan 7, 2009) Demski, Shirley (Jun 15, 1926 - Dec 9, 2002) Demski, John (Feb 2, 1903 - Nov 1972) Demski, Agnes (Mar 11, 1911 - Apr 1986) Demski, Rose (Sep 30, 1903 - Nov 29, 1998) Demski, Walter (Dec 1, 1908 - Oct 1965) Demski, Walter (Dec 25, 1904 - Feb 1984) Demski, Bronislaw (Sep 4, 1921 - Oct 4, 2006) Demski, Richard (Jun 13, 1931 - Apr 1981) Demski, Jennie (May 30, 1923 - Jul 2, 2006)
Demski, Frank (Oct 26, 1906 - Sep 1980) Demski, Florence (Jul 20, 1910 - Sep 12, 2004) Demski, Michael (Aug 14, 1911 - Dec 1981) Demski, Esther (Aug 22, 1917 - Aug 1977) Demski, Helen (Dec 1, 1912 - Sep 1986) Demski, Kristin (Jun 9, 1977 - Jan 24, 2008) Demski, Irene (Mar 19, 1922 - Jan 1988) Demski, Arthur (Aug 17, 1912 - Feb 1981) Demski, Theodore (Aug 20, 1906 - Mar 1983) Demski, Rudolph (Mar 11, 1908 - Jul 1968)
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