Thomas Smith was 16 years old when Petroleum is discovered in Titusville, Pennsylvania leading to the world's first commercially successful oil well. Petroleum is a naturally occurring, yellow-to-black liquid found in geological formations beneath the Earth's surface. It is commonly refined into various types of fuels. Components of petroleum are separated using a technique called fractional distillation, i.e. separation of a liquid mixture into fractions differing in boiling point by means of distillation, typically using a fractionating column.
Thomas Smith was 19 years old when U.S. President Abraham Lincoln issued the Emancipation Proclamation, declaring the freedom of all slaves in Confederate territory by January 1, 1863. Abraham Lincoln was an American statesman and lawyer who served as the 16th President of the United States from March 1861 until his assassination in April 1865. Lincoln led the United States through the American Civil War—its bloodiest war and perhaps its greatest moral, constitutional, and political crisis. In doing so, he preserved the Union, abolished slavery, strengthened the federal government, and modernized the economy.
Thomas Smith was 31 years old when Winston Churchill, English colonel, journalist, and politician, Prime Minister of the United Kingdom, Nobel Prize laureate (d. 1965) Sir Winston Leonard Spencer-Churchill was a British politician, army officer, and writer, who was Prime Minister of the United Kingdom from 1940 to 1945 and again from 1951 to 1955. As Prime Minister, Churchill led Britain to victory in the Second World War. Churchill represented five constituencies during his career as Member of Parliament (MP). Ideologically an economic liberal and British imperialist, he began and ended his parliamentary career as a member of the Conservative Party, which he led from 1940 to 1955, but for twenty years from 1904 he was a prominent member of the Liberal Party.
Thomas Smith was 40 years old when Krakatoa begins to erupt; the volcano explodes three months later, killing more than 36,000 people. Krakatoa, or Krakatau, is a volcanic island situated in the Sunda Strait between the islands of Java and Sumatra in the Indonesian province of Lampung. The name is also used for the surrounding island group comprising the remnants of a much larger island of three volcanic peaks which was obliterated in a cataclysmic 1883 eruption.
Thomas Smith was 55 years old when Spanish–American War: The Treaty of Paris is signed, officially ending the conflict. The Spanish–American War was fought between the United States and Spain in 1898. Hostilities began in the aftermath of the internal explosion of the USS Maine in Havana Harbor in Cuba, leading to US intervention in the Cuban War of Independence. American acquisition of Spain's Pacific possessions led to its involvement in the Philippine Revolution and ultimately in the Philippine–American War.
Thomas Smith was 65 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.
Thomas Smith was 71 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.
Thomas Smith was 86 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.