Fifty-two years ago, on May 17, 1973, televised hearings regarding the Watergate scandal began in the United States Senate, Sen. Sam Ervin presiding.
Watergate Hearings
Fifty-two years ago, on May 17, 1973, televised hearings regarding the Watergate scandal began in the United States Senate, Sen. Sam Ervin presiding.
On May 16, 1843, one thousand pioneers from Elm Grove, Missouri, set off for the Pacific Northwest, blazing what became known as the “Oregon Trail.”
On May 15, 1776, the Virginia Convention instructed its Continental Congress delegation to propose a resolution of independence from Great Britain, paving the way for the United States’ Declaration of Independence.
On May 14, 1787, delegates convened a Constitutional Convention, in Philadelphia, Pennsylvania, to write a new Constitution for the United States. George Washington presided over the convention.
On the same day a century later, jurist and pamphleteer Lysander Spooner — author of several important treatises, including Trial by Jury, The Unconstitutionality of Slavery, and an infamous pamphlet entitled “No Treason: The Constitution of No Authority” — died.
On May 13, 1888, the Empire of Brazil abolished slavery with the passage of the Lei Áurea (“Golden Law”).
On May 12, 1943, Axis forces in North Africa surrendered.
On May 11, 1858, Minnesota was admitted as the 32nd U.S. State.
Nine years later, to the day, the Grand Duchy of Luxembourg’s independence and neutrality were affirmed in the Second Treaty of London.
On May 10, 1768, riots broke out in London after John Wilkes was imprisoned for writing an article for The North Briton severely criticizing King George III.
On May 9, 2020, the U.S. unemployment rate hit 14.9 percent, its worst rate since the Great Depression. This was not caused by the boom and bust cycle, credit inflation followed by deflation, or sunspots. It was caused by the “15 days to flatten the curve” pandemic lockdowns that most states had started in March or April of that year and had continued well past the promised end date.
On May 8, 1899, Austrian-English economist and philosopher Friedrich August von Hayek was born. He signed the bulk of his books written in the English language as “F.A. Hayek,” and is best known for The Road to Serfdom, The Constitution of Liberty, The Fatal Conceit, and many essays, several of them widely cited, including “Individualism, True and False” and “The Use of Knowledge in Society.”
A generation earlier, on the same date in 1873, English philosopher and economist John Stuart Mill died. Now best known for On Liberty (1859) and Utilitarianism (1861), he was and is considered one of the most important economists and philosophers of the Victorian age, with other classics including A System of Logic (1843) and Principles of Political Economy (1848). Mill’s letters to his wife, Harriet Hardy-Taylor, were edited into book form by Hayek.
On May 8, 1946, two Estonian school girls (Aili Jõgi and Ageeda Paavel) blew up the Soviet memorial which stood in front of the Bronze Soldier in Tallinn.