19 Oct, 1954 The Comet Jet Aicraft
1954 : Following a number of crashes of the Comet aircraft it's certificate of airworthiness is withdrawn while an inquiry into why the crashes occurred, the inquiry found the problems were most likely due to metal fatigue. The Comet was the first commercial Jet airline that helped to change air travel and during the time the De Havilland Comet was grounded the American aircraft manufacturer, Boeing, took the lead in design and sales when it released its 707 passenger jet, which could carry almost twice as many passengers.
19 Oct, 1987 U.S.A. Dow Jones
1987 : The Dow Jones Industrial Average lost more than 22 percent dropping to 1739 making it the 2nd largest percentage drop in history in a single day, This was known as "Black Monday" and signaled other markets around the world to drop during October by 20 percent. Many believed that some of the automatic computerized sell programs used by large financial institutions may have contributed to the fall as they are triggered automatically when certain events / figures occur in the markets and after this date more safeguards were put in place to stop a similar thing happening in the future.
19 Oct, 1927 Australia Aborigines
1927 : Two tribes of native Aborigines are fighting a full scale war with only war paint, spears and no clothes in the bush only 100 miles from Perth Australia. It is not known why these tribes are fighting as the tribes do not generally use the same areas of bush for hunting due to the large areas available.
19 Oct, 1937 U.S.A. Airplane Crash
1937 : A mountaineer is the only person who has provided an eyewitness account to the worst airplane disaster in US history and has told how he saw the pilot of the United Airlines 21 passenger mainliner flying blind through a mountain blizzard snowstorm skimming pines before crashing into the side of the Uinta Mountains in Utah 80 miles south of Salt Lake City. All passengers and crew from the plane were killed instantly during the crash.
19 Oct, 1947 U.S.A. 40 Cents Per Hour
1947 : The Federal Works administrator has said the minimum wage of 40 cents per hour is obsolete and should be changed to 75 cents per hour.
19 Oct, 1958 Belgium World Trade Fair
1958 : The world trade fair in Brussels in Belgium ended today after having attracted 42 million visitors in 6 months. Over 40 countries were represented and it has been the largest event of it's kind ever staged.
19 Oct, 1960 US Embargo on Cuba Exports
1960 : The US Places an embargo on exports to Cuba.
19 Oct, 1960 Dr. Martin Luther King Jr
1960 : Dr. Martin Luther King Jr. was arrested along with 50 other people for violating Georgia's newly enacted anti-trespass law after staging a sit-in protest at eight stores in downtown Atlanta.
Full Size Original Here:
http://en.wikipedia.org/wiki/File:Martin_Luther_King_Jr_NYWTS.jpg
19 Oct, 1973 U.S.A. Watergate
October 19th, 1973 : President Nixon refused to hand over Watergate Related Tapes to special prosecutor Archibold Cox but said he would prepare a summary of their contents. It is believed in many circles that if the special prosecutor refuses the summary President Nixon will fire him.
Full Size Original Here:
http://en.wikipedia.org/wiki/Image:Nixon_30-0316a.jpg
19 Oct, 1978 U.S.A. Home Ownership
1978 : A new report released today shows the widely ranging costs of owning your own home in different parts of the country today. The figures are based on Mortgage payments, Insurance payments, Utility payments and local taxes. These figures also take the cost of the average home in that area.
Atlanta $420
Baltimore $409
Chicago $429
Columbus $365
Denver $406
Detroit $389
Hartford $401
Houston $339
Los Angeles $567
Miami $443
Milwaukee $411
Morristown $343
New York $497
Philadelphia $393
Pittsburg $364
Portland Maine $347
Portland Oregon $376
Richmond $374
Rochester $399
St Louis $333
San Fransisco $614
Washington $578
The Average Cost of a home in 1978 was $54,800.
19 Oct, 1982 U.S.A. John DeLorean
October 19th, 1982 : John DeLorean is arrested in an airport motel with a briefcase containing $24 million dollars worth of cocaine. He had headed up the DeLorean Motor Company and built one of the coolest looking sports cars with gull wing doors, The company received large subsidies provided by the British government because he set up a factory in Northern Ireland, but the car had a number of technical problems and less than 10,000 were produced which are now highly collectible.
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