Thursday, April 2, 2009

In history....

* 1902, the first American theater devoted solely to movies opens in Los
Angeles. Housed in a circus tent, the venue was dubbed "The Electric
Theater." Its earliest pictures included "New York in a Blizzard."
Admission cost about 10 cents for a one-hour show

* 1917, Jeannette Pickering Rankin, the first woman ever elected to
Congress, takes her seat in the U.S. Capitol as a representative from
Montana. ALSO: President Woodrow Wilson asks Congress to send U.S.
troops into battle against Germany in World War I. In his address to
Congress that day, two of his most memorable lines were "It is a fearful
thing to lead this great peaceful people into war" and "The world must
be made safe for democracy." Four days later, Congress obliged and
declared war on Germany

* 1980, President Jimmy Carter attempted to soothe the nation's ailing
finances by signing the Crude Oil Windfall Profits Tax Act. The tax came
one short year after Carter eliminated controls on oil prices; the
demise of these regulations sent oil profits soaring. With the economy
mired in a prolonged funk, Carter urged Congress to create legislation
that would take advantage of the oil industry's good fortune. And, the
Windfall Act did just that: by 1990, the legislation had helped haul in
roughly $227 billion dollars

* 1982, several thousand troops from Argentina seized the disputed
Falkland Islands, located in the south Atlantic, from Britain. (Britain
seized the islands back the following June.)


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