November 9, 2022
QUOTE
The Federal Reserve Act as it stands seems to me to open the way to a vast inflation of the currency. I do not like to think that any law can be passed that will make it possible to submerge the gold standard in a flood of irredeemable paper currency.
--Henry Cabot Lodge
BIRTHDAYS
1731 – Benjamin Banneker, American farmer, surveyor, and author
1918 – Spiro Agnew, American soldier, lawyer, and politician, 39th Vice President of the United States
1934 – Carl Sagan, American astronomer, astrophysicist, and cosmologist
1935 – Bob Gibson, American baseball player and coach
1941 – Tom Fogerty, American singer-songwriter and guitarist
1951 – Lou Ferrigno, American bodybuilder and actor
IN MEMORY
1880 – Edwin Drake, American businessman
1924 – Henry Cabot Lodge, American historian and politician
1940 – Neville Chamberlain, English businessman and politician, Prime Minister of the United Kingdom
1953 – Dylan Thomas, Welsh poet and author
2003 – Art Carney, American actor and comedian
IN ON THIS DAY
1729 – Spain, France and Great Britain sign the Treaty of Seville.
1867 – The Tokugawa shogunate hands back power to the Emperor of Japan, starting the Meiji Restoration.
1887 – The United States receives rights to Pearl Harbor, Hawaii.
1906 – Theodore Roosevelt is the first sitting President of the United States to make an official trip outside the country, doing so to inspect progress on the Panama Canal.
1913 – The Great Lakes Storm of 1913, the most destructive natural disaster ever to hit the lakes, reaches its greatest intensity after beginning two days earlier. The storm destroys 19 ships and kills more than 250 people.
1923 – In Munich, police and government troops crush the Nazi Beer Hall Putsch.
1953 – Cambodia gains independence from France.
1960 – Robert McNamara is named president of the Ford Motor Company, becoming the first non-Ford family member to serve in that post. He resigns a month later to join the newly-elected John F. Kennedy administration.