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TODAY IN HISTORY

    TELEPHONE
    October 11, 1983 - Bryant Pond, Maine, U.S.A.

    The last hand-cranked (magneto) telephones in the United States went out of service as 440 telephone customers in Bryant Pond, Maine, were switched to direct-dial service. Prior to that time a resident's number could be as short as 33. Those living close enough to the telephone office might get to answer the phone, even if they were outside because the operator could just yell out the window! The last hand-cranked telphone call in Bryant pond was made the following day, on 12 Oct 1983.

    ADDING MACHINE
    October 11, 1887 - Chicago, Illinois, U.S.A.

    A patent for the adding machine was granted to Dorr Eugene Felt of Chicago, Illinois. His Comptometer was the first practical key-driven calculator with sufficient speed, reliablility and economic benefit. He called his original prototype the "Macaroni box", a rough model that Felt created over the year-end holidays in 1884-85. The casing was a grocery macaroni box, assembled with a jackknife using meat skewers as keys, staples as key guides and elastic bands for springs. Door improved his design, producing his earliest commercial wooden-box Comptometer from 1887 thru 1903, leading to the first steel case Model A (1904 that would be standard for the remainder for all "shoebox" models. Electric motor drive was introduced in the 1920's.

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RANDOM QUOTES

  • No Man is Above the Law
    by Theodore Roosevelt

    "..."No man is above the law and no man is below it; nor do we ask any man's permission when we require him to obey it. Obedience to the law is demanded as a right; not asked as a favor."..."
  • 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...."

RANDOM FACTS

  • Salary
    about Steve Jobs

    Steve Jobs' annual salary was $1, just enough to keep company health benefits. More vehicles
    about Stolen On New Year's

    More vehicles are stolen on New Year's Day than any other holiday throughout the year. (So does that mean thieves are having their last fling before changing their ways or are they trying for a big score to start the New Year?)

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We have over three decades' experience in financial publishing. Bankrate was born in 1976 as "Bank Rate Monitor," a print publisher for the banking industry. The "Bank Rate Monitor" newsletter, we originally distributed contained much of the same rate research and information we're known for and respected for today. After two decades of conducting quality, trusted rate research, we took our product to the Web, expanded our offerings and made our online debut in 1996. Since then, we have increased our site traffic to over 13 million monthly unique visitors, expanded our distribution outlets, added new content channels and continually strive to provide a better, more comprehensive consumer experience.

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