16th & Walnut

16th and Walnut. On this block in 1901. , This stately Renaissance-style home at the Northwest corner of 16th and Walnut Streets was built in 1901 for a wealthy banker and designed by renowned Philadelphia architect Horace Trumbauer, who also designed the Philadelphia Museum of Art. This house was only 23 years old when it succumbed to the increasing commercialization of Walnut Street and was replaced by the Medical Arts Building in 1924., In 1901 , President: Theodore Roosevelt (R) , Mayor: Samuel Howell Ashbridge (R) , Philadelphia population: 1,293,697, Money matters , Average worker makes $12.98 / week for 59 hours , Trolley: 5¢ , Postage stamp: 2¢ , Coca Cola: 5¢ / glass , Baseball: $1.25 , Gentleman's Kenwood Bicycle: $13.75 , Washing machine: $4.75, Events , January 1, Philadelphia's first official Mummers Parade was held., January 22, Great Britain's Queen Victoria died at age 82., February 20, Louis I. Kahn, world renowned architect who practiced in Philadelphia, was born. He designed Richards Medical Research Laboratories on the University of Pennsylvania campus., September 14, Vice President Theodore Roosevelt is sworn in as the 26th president after William McKinley died of a gunshot wound inflicted eight days earlier by Leon Czolgosz., October 16, President Theodore Roosevelt prompted controversy by inviting black leader Booker T. Washington to the White House., December 11, First radio transmission across the Atlantic Ocean by Guglielmo Marconi., The first espresso coffee machine was invented.