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TODAY IN HISTORY

    DOW JONES
    May 26, 1896 - USA

    The Dow Jones Industrial Average was first published. The average price of the 12 initial stocks was 40.94. #1-General Electric The only company still in existence and trading under original name. #2-American Cotton Oil Company, now part of Unilever. #3-American Sugar Company, now Amstar Holdings. #4-American Tobacco Company, Broken Up. #5-Chicago Gas Company, now part of Integrys Energy Group, Inc. #6-Distilling & Cattle Feeding Company, now part of Lyondell Chemical Company. #7-Laclede Gas Light Company, still in operation as The Laclede Group. #8-National Lead Company, now NL Industries. #9-North American Company, Broken Up. #10-Tennessee Coal part of U.S. Steel. #11.U.S. Leather Company Gone. #12-United States Rubber Company part of Michelin.

    PUBLIC HOUSING BUILDING PROGRAM
    May 26, 1948 - United States

    1948 U.S.A. Public Housing Building Program 26th May 1948 : A major bill is before congress to provide additional Public Housing from federal funding , currently there are major problems and many of the homes built to put a roof over the head of poorer families are being rented to affluent single bachelors. So many of these projects that were designed to help the most needy are now in the hands of some of those who are in the high income bracket of $4,000 to $6,000 per year and a full reform is needed including the administration of these projects.

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RANDOM QUOTES

  • Until a man duplicates a blade of grass
    by Earth Day, Thomas Alva Edison Inventor

    "...Until a man duplicates a blade of grass, Nature can laugh at his so-called scientific knowledge. Remedies from chemicals will never stand in favorable comparison with the products of Nature, the living cell of a plant, the final result of the rays of the sun, the mother of all life...."
  • The wealth of the nation
    by Earth Day, Gaylord Nelson

    "...The wealth of the nation is its air, water, soil, forests, minerals, rivers, lakes, oceans, scenic beauty, wildlife habitats and biodiversity that'as all there is. That'as the whole economy. That'as where all the economic activity and jobs come from. These biological systems are the sustaining wealth of the world...."

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  • Cancer Facts & Figures
    about Besides Lung Cancer

    Besides lung cancer, tobacco use also increases the risk for cancers of the mouth, lips, nasal cavity (nose) and sinuses, larynx (voice box), pharynx (throat), esophagus (swallowing tube), stomach, pancreas, kidney, bladder, uterus, cervix, colon/rectum, ovary (mucinous), and acute myeloid leukemia. Salary
    about Steve Jobs

    Steve Jobs' annual salary was $1, just enough to keep company health benefits.

A Brief History Of The Fairground Indust :

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Fairs in this country have a long and ancient history, deeply rooted in tradition. The word fair is derived from the Latin "feria", meaning a holiday and at one time the Romans were credited with the introduction of fairs.

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Fairs in this country have a long and ancient history, deeply rooted in tradition. The word fair is derived from the Latin "feria", meaning a holiday and at one time the Romans were credited with the introduction of fairs. It is now generally accepted that their origins are from pagan customs of the people who first settled this land; their seasonal gatherings held for the purposes of both trade and festivity, contained within them the essential elements of the fair. The Romans did much to promote fairs by improving trade and communications throughout the country. During the centuries following the departure of the Romans, many fairs and other festivals were incorporated into the calendar of the growing Christian Church.

Charters granted by the sovereign gave the fair legal status and an increasing importance in the economic life of the nation. Merchants and traders from Europe, the Middle East and beyond were drawn to the great chartered fairs of the Middle Ages bringing with them a wealth of goods. The sheer number of these fairs, no fewer than 4860 were chartered between the years 1200 and 1400, drew not only merchant but entertainers as well: jugglers, musicians and tumblers the ancestors of today's showmen.
The Black Death of 1348-49 brought about a new kind of fair. In order to stem the rise in wages caused by the shortage of workers, Edward III introduced the Statute of Labourers. This compelled all able bodied men to present themselves annually for hire at a stated wage.

These gathering or hiring fairs were held mainly around Michealmas, the end of the agricultural year. By the early eighteenth century the trading aspects of the charter fairs had waned and most fairs consisted almost entirely of amusements, acrobats, illusionists and theatrical companies all plied their trade on fairgrounds. Around this time the first fairground rides began to appear, small crudely constructed out of wood and propelled by gangs of boys. In 1868, Frederick Savage, a successful agricultural engineer from Kings Lynn, devised a method of driving rides by steam. His invention, a steam engine mounted in the centre of the ride was to transform the fairground industry.

Freed from the limitations of muscle power, rides could be made larger, more capacious and more heavily ornamented. The showman's demand for novelty was matched by the ingenuity of Savage and other engineers. In the wake of the steam revolution an amazing variety of new designs and rides appeared. These rides were the forerunners of today's amazing thrill rides, over time innovations such as electric lighting, electric motors, hydraulics etc. allowed rides to evolve into the amazing devices that are seen today at any local fairground.


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