James Russell Gregory was 5 years old when Archduke Franz Ferdinand and his wife, Sophie, Duchess of Hohenberg, were assassinated by a Yugoslav nationalist named Gavrilo Princip in Sarajevo, sparking the outbreak of World War I. Archduke Franz Ferdinand, Archduke of Austria-Este was a member of the imperial Habsburg dynasty, and from 1896 until his death the heir presumptive (Thronfolger) to the Austro-Hungarian throne. His assassination in Sarajevo precipitated Austria-Hungary's declaration of war against Serbia, which in turn triggered a series of events that resulted in Austria-Hungary's allies and Serbia's declaring war on each other, starting World War I.
James Russell Gregory was 20 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.
James Russell Gregory was 21 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.
James Russell Gregory was 36 years old when World War II: Nagasaki is devastated when an atomic bomb, Fat Man, is dropped by the United States B-29 Bockscar. Thirty-five thousand people are killed outright, including 23,200-28,200 Japanese war workers, 2,000 Korean forced workers, and 150 Japanese soldiers. Nagasaki is the capital and the largest city of Nagasaki Prefecture on the island of Kyushu in Japan. The city's name, 長崎, means "long cape" in Japanese. Nagasaki became a centre of colonial Portuguese and Dutch influence in the 16th through 19th centuries, and the Hidden Christian Sites in the Nagasaki Region have been recognized and included in the UNESCO World Heritage List. Part of Nagasaki was home to a major Imperial Japanese Navy base during the First Sino-Japanese War and Russo-Japanese War.
James Russell Gregory was 48 years old when Space Race: Launch of Sputnik 1, the first artificial satellite to orbit the Earth. The Space Race refers to the 20th-century competition between two Cold War rivals, the Soviet Union (USSR) and the United States (US), for dominance in spaceflight capability. It had its origins in the missile-based nuclear arms race between the two nations that occurred following World War II, aided by captured German missile technology and personnel from the Aggregat program. The technological superiority required for such dominance was seen as necessary for national security, and symbolic of ideological superiority. The Space Race spawned pioneering efforts to launch artificial satellites, uncrewed space probes of the Moon, Venus, and Mars, and human spaceflight in low Earth orbit and to the Moon.
James Russell Gregory died on 5 Jan 1967 at the age of 57