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October 24, 2006 tues.
October 24th, 2006

The Evening with Tom Sito at UCLA last night was a great success. There was a good crowd and many books sold. We told stories, watched cartoons, laughed and generally raised hell. My thanks to all who attended.

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Birthdays: Roman Emperor Domitian, Bob Kane the creator of Batman, Moss Hart, Jiles Perry Richardson better known as the Big Bopper, F. Murray Abrahams is 67, Enkwase Mfume, Y.A. Tittle, Sara Josepha Hale 1788- who wrote the poem "Mary Had a Little Lamb", Kevin Kline is 59

1836- Mr. Alonzo D. Phillips of Springfield, Mass. received a patent for the first book of matches in the U.S. However the laboratory of the English scientist Robert Farraday had invented matches in 1829.

1861-The Last Pony Express ride. The idea was romantic, but a financial dud and only operated about two years before being replaced by stage, rail and telegraph.

1901- Anne Taylor becomes the first person to go over Niagara Falls in a barrel and live to talk about it. She attempted the stunt for a cash prize she used to get a loan to buy a ranch in Texas.

1902- Author Arthur Conan-Doyle was knighted by King Edward VII. He received the award not for his literary accomplishments but for his volunteer services during the just concluded Boer War. It was also said the Adventures of Sherlock Holmes was one of the few books the King ever managed to read from cover to cover.

1929- BLACK THURSDAY- THE PRELUDE TO THE GREAT CRASH- The Bear Stock Market that had seen prices dropping steadily since September 5th turned into a panic as dependable stocks prices like General Motors dropped through the floor. $11.5 billion dollars was lost in one day. Vacationing Winston Churchill picked that day to visit the Stock Exchange and later saw someone jump to his death past his Waldorf Astoria window. Basically what happened was people had bought stock on Margin, which meant you could buy ten thousand dollars worth of stock with just one thousand dollars. As the collapse occurred your broker would call you and demand the other nine thousand bux immediately or he would sell off everything you had. So in minutes you were broke. Thousands of small time investors from Groucho Marx, Irving Berlin to General Blackjack Pershing were wiped out in minutes. It took every major banker and financier on Wall Street together dumping millions of dollars of emergency funds to stop the slide.
It was the worst day in American financial history, but it turned out to be just a mild prelude to Black Tuesday coming the following week. Ironically that night in a Broadway show the new song "Happy Days are Here Again' had it's debut. When the stage manager thought it inappropriate, the show's director snapped: "Play it for the Corpses !".

1937- At Piping Springs NY Composer Cole Porter suffered an accident while horseback riding that broke both his legs. Even after 26 operations he never regained their full use and one was amputated in 1958.

1938- The Fair Labor Standards Act established the 40 hour workweek as the law of the land. The 40 hour week that thing few of us see nowadays.

1945 the United Nations Charter ratified.

1945- Vikdun Quisling was shot by firing squad. Quisling was a Nazi sympathizer who governed occupied Norway. His name in the forties was synonymous with traitor or Benedict Arnold, and used in a lot of Bugs Bunny cartoons.

1947- Walt Disney testified to the House UnAmerican Activities Committee (HUAC) as a friendly witness. He accused members of the Cartoonists Guild and the League of Women Voters –which he mistakenly called the League of Women Shoppers as being infiltrated by Communists "Seeking to subvert the Spirit of Mickey Mouse'. He named layout artist Dave Hilberman- "I don't know if he is a Communist, but I know he has no religion in him, and I know he visited Moscow once."

1948- Bernard Baruch while testifying to Congress about the worsening relations between the US and Russia coined the term "cold war". "Although the war is over we are in the midst of a cold war, and it is getting hotter."

1969- Hollywood Producer Robert Evans married young actress Ali McGraw.

1973- Henry Kissinger negotiated a ceasefire ending the Yom Kippur War between Israel and Egypt. In the armies opposing one another on the Nile were two future Walt Disney Imagineering artists- on the Israeli side Eytan Poznanski, and on the Egyptian side Hani al Masri.

1975- The Musical play A Chorus Line opened..


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