Oct. 27: Navy Day; NYC Subway Opens; Stock Market Crash of ’97
Navy Day: 2011 marks 236 years of the United States Navy. The first Navy Day celebrations were Oct. 27, 1922, a date chosen in honor of Theodore Roosevelt’s birthday. Roosevelt served as sssistant secretary of the Navy in 1897. Prior to 1949, Navy ships would dock at ports around the country Oct. 27 to celebrate and allow civilians to tour the ships. In 1949, the secretary of the Department of Defense, Louis A. Johnson, declared that Navy festivities would instead take place on Armed Forces Day in May.
Also on This Day:
1904 New York City Subway Opens
The New York City subway system debuted to the public Oct. 27, 1904 with one line running from City Hall to 103rd Street in Harlem and making 28 stops. Passengers could ride the train for a nickel. New York City’s subway was not America’s first (Boston’s transit system opened in 1897), but it is the country’s largest.
1988 Rebuilding U.S. Embassy in Moscow
President Reagan says embassy must be rebuilt after electronic bugs are found.
1997 Global Stock Market Crash
NYSE halted trading to stem losses as the world plunged into a global financial crisis.
2004 Boston Red Sox Win First World Series Since 1918
Up until 2004, the Boston Red Sox had not won a World Series since 1918 when they beat the Chicago Cubs. Despite the World Series win in 1918, the Sox were in bad financial shape. To lift the team out of debt, the team’s owner, Harry Frazee, sold star player Babe Ruth to the New York Yankees, a deal that would spawn the “Curse of the Bambino.” The Boston Red Sox finally broke the “curse” in 2004 when they defeated the St. Louis Cardinals in four straight games to win the World Series title.
2005 Harriet Miers Withdraws Supreme Court Nomination
President George W. Bush nominated Harriet Miers to take the Supreme Court seat vacated by Sandra Day O’Connor, but she declined the opportunity.
Famous Birthdays
1858 Theodore Roosevelt
1914 Dylan Thomas
1932 Sylvia Plath
1940 John Gotti
1958 Simon Le Bon
1966 Matt Drudge
1967 Steve Almond
1982 Patrick Fugit
1984 Brady Quinn
1984 Kelly Osbourne
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