Edward G Schaefer was 18 years old when Ford puts the Model T car on the market at a price of US$825. Ford Motor Company is an American multinational automaker headquartered in Dearborn, Michigan, a suburb of Detroit. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand and most luxury cars under the Lincoln brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom, and a 49% stake in Jiangling Motors of China. It also has joint-ventures in China, Taiwan, Thailand, Turkey, and Russia. The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power.
Edward G Schaefer was 21 years old when The British passenger liner RMS Titanic sinks in the North Atlantic at 2:20 a.m., two hours and forty minutes after hitting an iceberg. Only 710 of 2,227 passengers and crew on board survive. RMS Titanic was a British passenger liner that sank in the North Atlantic Ocean in the early hours of 15 April 1912, after colliding with an iceberg during its maiden voyage from Southampton to New York City. There were an estimated 2,224 passengers and crew aboard, and more than 1,500 died, making it one of the deadliest commercial peacetime maritime disasters in modern history. RMS Titanic was the largest ship afloat at the time it entered service and was the second of three Olympic-class ocean liners operated by the White Star Line. It was built by the Harland and Wolff shipyard in Belfast. Thomas Andrews, her architect, died in the disaster.
Edward G Schaefer was 39 years old when Babe Ruth becomes the first baseball player to hit 500 home runs in his career with a home run at League Park in Cleveland, Ohio. George Herman "Babe" Ruth Jr. was an American professional baseball player whose career in Major League Baseball (MLB) spanned 22 seasons, from 1914 through 1935. Nicknamed "The Bambino" and "The Sultan of Swat", he began his MLB career as a stellar left-handed pitcher for the Boston Red Sox, but achieved his greatest fame as a slugging outfielder for the New York Yankees. Ruth established many MLB batting records, including career home runs (714), runs batted in (RBIs) (2,213), bases on balls (2,062), slugging percentage (.690), and on-base plus slugging (OPS) (1.164); the latter two still stand as of 2018. Ruth is regarded as one of the greatest sports heroes in American culture and is considered by many to be the greatest baseball player of all time. In 1936, Ruth was elected into the Baseball Hall of Fame as one of its "first five" inaugural members.
Edward G Schaefer was 40 years old when Great Depression: In a State of the Union message, U.S. President Herbert Hoover proposes a $150 million (equivalent to $2,197,000,000 in 2017) public works program to help generate jobs and stimulate the economy. The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across nations; in most countries it started in 1929 and lasted until the late-1930s. It was the longest, deepest, and most widespread depression of the 20th century. In the 21st century, the Great Depression is commonly used as an example of how far the world's economy can decline.
Edward G Schaefer was 54 years old when World War II: The Allied invasion of Normandy—codenamed Operation Overlord—begins with the execution of Operation Neptune (commonly referred to as D-Day), the landing of 155,000 Allied troops on the beaches of Normandy in France. The Allied soldiers quickly break through the Atlantic Wall and push inland in the largest amphibious military operation in history. The Allies of World War II, called the United Nations from the 1 January 1942 declaration, were the countries that together opposed the Axis powers during the Second World War (1939–1945). The Allies promoted the alliance as a means to control German, Japanese and Italian aggression.
Edward G Schaefer died on 30 Jul 1951 at the age of 60