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Warren Hawley 1907 - 1979

Warren Hawley of Fresno, Fresno County, California was born on May 17, 1907, and died at age 72 years old in December 1979.

Warren Hawley

Fresno, Fresno County, California 93727

May 17, 1907

December 1979

Male

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Warren Hawley Warren Hawley (1907 - 1979)

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Warren Hawley's History: 1907 - 1979

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05/17

1907

Birthday

May 17, 1907

Birthdate

Unknown

Birthplace

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12/dd

1979

Death

December 1979

Death date

Unknown
Cause of death

Unknown
Death location

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Warren Hawley lived 2 years shorter than the average family member when died at the age of 72.

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Warren Hawley lived 2 years shorter than the average family member when died at the age of 72.

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In 1907, in the year that Warren Hawley 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 1911, he was merely 4 years old when the United States Supreme Court broke up Standard Oil in May. John D. Rockefeller established Standard Oil in 1870 and it was the largest oil refinery at the time. The Supreme Court found that Standard Oil of New Jersey (one of the many iterations of Standard Oil) was guilty of "monopolizing the petroleum industry through a series of abusive and anticompetitive actions". The Court broke up the several entities that comprised Standard Oil and they eventually became competing firms.

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