"On Oct. 29, 1929, Black Tuesday descended on the New York Stock Exchange. Stock prices collapsed amid panicked selling, $14 billion in value was lost, and thousands of investors were wiped out, triggering America's Great Depression. Also on this date: In 1618, Sir Walter Raleigh, the English courtier, military adventurer and poet, was executed in London for allegedly conspiring against King James I."
"In 1922, Benito Mussolini, the founder of fascism, is appointed Italian prime minister by King Victor Emmanuel III. (He was dismissed by Emmanuel in 1943 after the Allied invasion of Italy and was executed by partisans in 1945). In 1940, a blindfolded Secretary of War Henry L. Stimson drew the first number 158 from a glass bowl in America's first peacetime military draft."
"In 1956, the Suez Crisis began as Israel invaded Egypt to seize control of the vital waterway, backed by France and Britain, after its nationalization by Egypt. (Their forces eventually withdrew after U.S. President Dwight D. Eisenhower's administration refused to back the effort and threatened sanctions). In 1960, a chartered plane carrying the California Polytechnic State University football team crashed on takeoff from Toledo, Ohio, killing 22 of 48 people on board."
On Oct. 29, 1929, Black Tuesday collapsed stock prices on the New York Stock Exchange, wiping out investors and triggering the Great Depression. In 1618 Sir Walter Raleigh was executed in London for allegedly conspiring against King James I. In 1922 Benito Mussolini was appointed Italian prime minister. In 1940 Secretary of War Henry L. Stimson drew the first number, 158, in the peacetime draft. In 1956 the Suez Crisis began when Israel invaded Egypt; allied forces later withdrew. In 1960 a Cal Poly football team plane crashed near Toledo, killing 22. Superstorm Sandy struck New Jersey in 2012; in 2018 Lion Air's 737 MAX crashed after takeoff from Jakarta, killing 189.
Read at www.mercurynews.com
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