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1986 - Iran-Contra scandal broke.
1998- Jiang Zemin became the first Chinese head of
state to visit Japan since World War II.
1999 - Elian Gonzalez was rescued off the coast of
Florida.
2002 - President George W. Bush signed into law the
Department of Homeland Security and named Tom Ridge as
head.
In 1921/1922
President: Warren G. Harding
Vice President: Calvin Coolidge
Population 1921: 108,538,000
Population 1922: 110,049,000
Federal spending 1921: $5.06 billion
Federal spending 1922: $3.29 billion
Consumer Price Index 1921: 17.9
Consumer Price Index 1922: 16.8
Unemployment 1921: 11.7%
Unemployment 1922: 6.7%
Cost of a first-class stamp: $0.02
In 1921 …
• Congress passes Budget and Accounting Act, which
creates the Bureau of Budget (June 10).
• U.S. Congress, in a joint resolution, declares WWI
ended (July 2).
• First burial is held at the Tomb of the Unknown
Soldier in Arlington National Cemetery (Nov. 11).
• Vitamin D is discovered and shown to prevent rickets.
• Vitamin E is discovered.
In 1922 …
• Lincoln Memorial is dedicated in Washington, D.C. (May
30).
• Coalminers strike for nearly six months to protest
wage cuts. The strike, one of several organized by the
United Mine Workers of America since 1919, cripples the
coal mining industry
• British Egyptologists George Carnarvon and Howard
Carter unearth King Tutankhamen's tomb in the Valley of
the Kings, the only tomb that remained unlooted through
the centuries.
• Insulin, which regulates the use of sugar, is isolated
and used for the treatment of diabetes by Frederick
Banting and Herbert Best. |