William Hines ( 1881 - 1932 )

William was the first child of fifteen of Angus Henderson (1857) and Anna Hines was born on June 8, 1881.

1890's

William was 16 when the Spanish American War broke out in 1898.

The Spanish–American War was a military conflict between Spain and the United States that began in April 1898. Hostilities halted in August of that year, and the Treaty of Paris was signed in December.

The war began after the American demand for Spain's peaceful resolution of the Cuban fight for independence was rejected, though strong expansionist sentiment in the United States motivated the government to target Spain's remaining overseas territories: Cuba, Puerto Rico, the Philippines, Guam and the Caroline Islands.

1900's

William married Ruth Courtright in November 1910.

1910's

They lived in New York City and had two children. Elizabeth was born on April 18, 1914. Garland was born on February 29, 1916.

World War I (also known as the First World War, the Great War, and the War to End All Wars) was a global war which took place primarily in Europe from 1914 to 1918. Over 40 million casualties resulted, including approximately 20 million military and civilian deaths. Over 60 million European soldiers were mobilized from 1914 to 1918.

The act that is considered to have triggered the succession of events that led to war was the 28 June 1914 assassination of Archduke Franz Ferdinand, heir to the Austro-Hungarian throne, by Gavrilo Princip, a Bosnian Serb citizen of Austria-Hungary and member of the Young Bosnia. The retaliation by Austria-Hungary against the Kingdom of Serbia activated a series of alliances that set off a chain reaction of war declarations. Within a month, much of Europe was in a state of open warfare.

1920's

Roaring Twenties is a phrase used to describe the 1920s, principally in North America, that emphasizes the period's social, artistic, and cultural dynamism. 'Normalcy' returned to politics in the wake of World War I, jazz music blossomed, the flapper redefined modern womanhood, Art Deco peaked, and finally the Wall Street Crash of 1929 served to punctuate the end of the era, as The Great Depression set in. The era was further distinguished by several inventions and discoveries of far-reaching importance, unprecedented industrial growth and accelerated consumer demand and aspirations, and significant changes in lifestyle.

The social and societal upheaval known as the Roaring Twenties began in North America and spread to Europe in the aftermath of World War I. Europe spent these years rebuilding and coming to terms with the vast human cost of the conflict. The economy of the United States became increasingly intertwined with that of Europe. When Germany could no longer afford war payments Wall Street invested heavily in European debts to keep the European economy afloat as a large consumer market for American mass produced goods. By the middle of the decade, economic development soared in Europe, and the Roaring Twenties broke out in Germany (the Weimar Republic), Britain and France, the second half of the decade becoming known as the "Golden Twenties". In France and francophone Canada, they were also called the "années folles" ("Crazy Years").

Stock Market Crash of 1929

The 1920’s were a time of peace and great prosperity. After World War I, the “Roaring Twenties” was fueled by increased industrialization and new technologies, such as the radio and the automobile. Air flight was also becoming widespread, as well. The economy benefited greatly from the new life changing technologies.

As the Dow Jones Industrial Average soared, many investors quickly snapped up shares. Stocks were seen as extremely safe by most economists, due to the powerful economic boom. Investors soon purchased stock on margin. Margin is the borrowing of stock for the purpose of getting more leverage. For every dollar invested, a margin user would borrow 9 dollars worth of stock. Because of this leverage, if a stock went up 1%, the investor would make 10%! This also works the other way around, exaggerating even minor losses. If a stock drops too much, a margin holder could lose all of their money AND owe their broker money as well.

From 1921 to 1929, the Dow Jones rocketed from 60 to 400! Millionaires were created instantly. Soon stock market trading became America’s favorite pastime as investors jockeyed to make a quick killing. Investors mortgaged their homes, and foolishly invested their life savings in hot stocks, such as Ford and RCA. To the average investor, stocks were a sure thing. Few people actually studied the fundamentals of the companies they invested in. Thousands of fraudulent companies were formed to hoodwink unsavvy investors. Most investors never even thought a crash was possible. To them, the stock market “always went up”.