Timeline October 1907

Events in October 1907 3

• 1907 Second Hague Peace Conference International delegates negotiate laws of war at The Hague Representatives of 44 nations met at The Hague to expand rules governing warfare and the peaceful settlement of disputes, building on the 1899 conference. The conference produced several conventions on the conduct of land and naval warfare, though efforts toward disarmament failed. It set precedents later drawn on for the League of Nations and United Nations.
• 1907 – 1910 Jesus College, Oxford Oxford, United Kingdom He read history, cycled through France measuring castles, and was known for eccentric hours and not eating much.
• 1907 Panic of 1907 Wall Street banking crisis triggers global financial panic A sharp stock market decline and bank runs in New York in October 1907 pushed the US financial system to the brink of collapse. Financier J. P. Morgan organized a group of bankers to shore up failing trust companies and restore confidence. The crisis exposed the lack of a central bank and led directly to the creation of the Federal Reserve System in 1913.