Edward R Shaw was 11 years old when The New York Stock Exchange crashes in what will be called the Crash of '29 or "Black Tuesday", ending the Great Bull Market of the 1920s and beginning the Great Depression. The New York Stock Exchange, is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$21.3 trillion as of June 2017. The average daily trading value was approximately US$169 billion in 2013. The NYSE trading floor is located at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007. The main building and the 11 Wall Street building were designated National Historic Landmarks in 1978.
Edward R Shaw was 12 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 R Shaw was 21 years old when The Holocaust: The first prisoners arrive at a new concentration camp at Auschwitz. The Holocaust, also referred to as the Shoah, was a genocide during World War II in which Nazi Germany, aided by its collaborators, systematically murdered some six million European Jews, around two-thirds of the Jewish population of Europe, between 1941 and 1945. Jews were targeted for extermination as part of a larger event involving the persecution and murder of other groups, including in particular the Roma and "incurably sick", as well as ethnic Poles and other Slavs, Soviet citizens, Soviet prisoners of war, political opponents, gay men and Jehovah's Witnesses, resulting in up to 17 million deaths overall.
Edward R Shaw was 34 years old when Jonas Salk announced the successful test of his polio vaccine on a small group of adults and children (vaccination pictured). Jonas Edward Salk was an American medical researcher and virologist. He discovered and developed one of the first successful polio vaccines. Born in New York City, he attended New York University School of Medicine, later choosing to do medical research instead of becoming a practicing physician. In 1939, after earning his medical degree, Salk began an internship as a physician scientist at Mount Sinai Hospital. Two years later he was granted a fellowship at the University of Michigan, where he would study flu viruses with his mentor Thomas Francis, Jr.
Edward R Shaw was 46 years old when Martin Luther King Jr. received the Nobel Peace Prize for combating racial inequality through nonviolence. Martin Luther King Jr. was an American Baptist minister and activist who became the most visible spokesperson and leader in the civil rights movement from 1954 until his death in 1968. Born in Atlanta, King is best known for advancing civil rights through nonviolence and civil disobedience, tactics his Christian beliefs and the nonviolent activism of Mahatma Gandhi helped inspire.