The NYSE shut down due to a mini stock market crash in 1997, while the first Federalist Paper was published in 1787. NASA launched the first Saturn I rocket in 1961, and two Quakers were executed for their beliefs in 1659. Ronald Reagan began his political career in 1964 and tore down the US embassy in Moscow in 1988. The first underground rapid transit subway opened in New York in 1904, and the prison population surpassed one million in 1994. The British government deregulated its financial markets in 1986, and the only casualty of the Cuban Missile Crisis occurred in 1962.
A mini stock market crash shut down the New York Stock Exchange (NYSE). (1997) Stock markets around the world plummeted amid fears of a global economic crisis. The NYSE flipped its circuit breakers twice for the first time in its history, so officials decided to end trading early. It was the first time the exchange had closed since an assassination attempt was made on the life of US President Ronald Reagan in 1981.
The first essay of the Federalist Papers is published. (1787) The Federalist Papers included 85 essays written in support of the ratification of the United States Constitution. They were featured in a series of articles published in The New York Packet and The Independent Journal of New York. The United States Constitution was ratified on June 21, 1788.
NASA launched the first Saturn I rocket. (1961) The rockets were part of the Apollo program and were designed to launch large aircraft or spacecraft into orbit. The launch rockets were far more powerful and far larger than anything NASA had launched before—they needed six times as much fuel, were three times as tall, and had 10 times the thrust of previous rockets.
Two Quakers in an American colony were executed for their religious beliefs. (1659) Marmaduke Stevenson and William Robinson, who resided in Massachusetts Bay Colony, had left England for fear of religious persecution. They were executed for violating a new law in the colony that banned Quakers.
US President Ronald Reagan began his political career. (1964) President Reagan, then a Hollywood actor, gave a speech for US presidential candidate Barry Goldwater which was later called “A Time for Choice.” The speech launched Reagan into the political spotlight. He later became president of the United States in 1981.
For the first time in US history, the prison population surpassed one million. (1994) Numbers included state and federal prisons only: There were more than half a million additional short-term prisoners in local and county jails. The numbers place the United States second in the world, behind only Russia, in the number of people incarcerated.
The British government has deregulated its financial markets. (1986) The day became known as the “Big Bang,” as economists expected a huge increase in trading under the new rules, which abolished flat fees and established electronic commerce, among other things.
The only casualty as a direct result of the Cuban Missile Crisis occurred. (1962) A reconnaissance aircraft was shot down by a Soviet surface-to-air missile, killing the pilot, US Air Force Major Rudolf Anderson.
Missouri Governor Issues “Extermination Order” Against Mormons. (1838) Governor Lilburn Boggs demanded that Mormons leave the state or face “extermination.” The order came as a result of conflicts between the Mormon Church and other people seeking to settle Missouri. The order was not lifted until 138 years later.
US President Ronald Reagan tore down the US embassy in Moscow. (1988) The president feared the building had been bugged by the Soviets and considered it a security risk.
The first underground rapid transit subway opened in New York. (1904) New York’s subway system is one of the oldest in the world. With nearly 500 stations covering 229 miles (about 369 kilometers), it is now the largest in the United States and one of the largest systems in the world.
Protect your devices with Threat Protection by NordVPN
