(1873) Bonds and banks fail as a depression loomsWall Street is in free fall in the wake of US railroad bonds defaulting and the biggest banks in the US failing, and the crisis will close the New York Stock Exchange for 10 days. A major worldwide economic collapse follows and will not let up in some countries for two decades.The Panic of 1873 was a financial crisis that triggered a depression in Europe and North America that lasted from 1873 until 1879, and even longer in some countries. In Britain, for example, it started two decades of stagnation known as the “Long Depression” that weakened the country’s economic leadership. The Panic was known as the “Great Depression” until the events in the early 1930s set a new standard.
Start date: 1873 End date: 1879 A bank run on the Fourth National Bank No. 20 Nassau Street, New York City, from Frank Leslie’s Illustrated Newspaper, 4 October 1873
wiki/Panic_of_1873(1973) No love lost in tennis battle of the sexesHaving bested Margaret Court months earlier, former Wimbledon champ Bobby Riggs, 55, meets women’s tennis superstar Billie Jean King, 29, in what the media dub “the battle of the sexes.” Riggs’ dream of proving male athletic superiority is smashed when King handily wins the match in front of spectators and millions of TV viewers.In tennis, “Battle of the Sexes” is a term that has been used to describe various exhibition matches played between a man and a woman. Most famously, the term is used for a nationally televised match in 1973, held at the Houston Astrodome, between 55-year-old Bobby Riggs and 29-year-old Billie Jean King, which King won in three sets. The match attracted massive attention and was viewed by an estimated 90 million people around the world; King’s win is considered a milestone in public acceptance of women’s tennis.