Animation Fun Facts for Oct 29, 2012

Birthdays: James Boswell, Sir Walter Raleigh, John Keats, Sir Edmund Halley, Louis Blanc, Fanny Brice, Joseph Goebbels, Richard Dreyfus, Zoot Sims, Winona Ryder, Jesse Barfield, Kate Jackson, Bill Maudlin, Akim Tamiroff, Ralph Bakshi is 74, Denis Potvin Neal Hefti-composer of the theme song for TV shows like Batman and the Odd Couple. 1923- The musical Running Wild opened on Broadway, introducing the dance craze the Charleston. 1929- BLACK TUESDAY-THE STOCK MARKET CRASH AND THE GREAT DEPRESSION BEGINS. The falling stock crisis which had been gaining momentum since early September finally culminates in the greatest one day collapse of the U.S. Economy. Millions of people who weren't ruined by last Thursday’s crash were ruined today. One third of all U. S. banks failed- 2,500. Eyewitnesses to that day all remember the strange low roar echoing through the glass canyons of Wall street, it was the continuous moans of thousands of investors being simultaneously ruined. Businessmen jumped to their deaths from windows. Two executives held hands as they jumped because they had a joint account. The chairman of General Motors William Durant finished his life managing a bowling alley in Chicago. The Union Club wallpapered it's bar with worthless stock certificates. Venerable firms like Morgan and Lehman Brothers allowed 'apple-breaks' for their brokers to go out on the street and supplement their incomes by selling apples. By years end all U.S. industry was working at 17% of capacity and unemployment would soon soar to 55% in many major cities. The newly built Empire State Building was nicknamed the "Empty State Building". The Hoover Administration, which espoused the traditional Republican hands-off attitude towards Wall Street, watched in horror as every trick known to financial wizards like Rockefeller and Lamont failed to stop the slide. People questioned whether capitalism itself was now a failure. Hoover's Vice President Charles Curtis, (for whom the nickname "Goodtime Charlie" was invented) continued to party while things collapsed. He responded to hungry, unemployed people protesting during his speech that they were all "Too damn dumb" to understand economics. 1957- Louis B. Mayer dies. His last words were: "Nothing Matters..." The head of MGM Studios lorded over Hollywood like a monarch, made and broke moviestars, ordered Judy Garland fed a steady stream of narcotics and had his office redesigned all white to resemble Mussolini’s , whom he admired. Humphrey Bogart was at his funeral. When asked if he was close to Mayer, Bogie replied: Nah, I'm just here to make sure he's dead! 1969- THE BIRTH OF THE INTERNET- After the Cuban Missile Crisis, the Defense Department asked the Rand Corporation to create a communication system that could survive Russian atomic bombs. They conceived of a “net” of computers all in communication with another around the world. Because there was no center, a bomb could not knock out the entire system. In the basement of UCLA’s Boelter Hall, Lick Licklider, Vincent Cerf, Robert Kahn, Lawrence Roberts and Bob Taylor set up the first call to Stanford. “ We typed the “L” and we asked on the phone “ Did you see the “L”? “Yes, we see the “L,” was the response. Then we typed O and asked Did you see the O?” Yes, we see the O” was the response. Then we typed G, and then the system crashed!” But when they rebooted, and the system sprung to life again. The people at UCLA were able to type in LOG, to which the Stanford folks replied IN. They called it ARPANET- Advanced Research Projects Agency-NET, a few years later Internet. By 1978 the Defense Department didn’t want to run the thing anymore so they offered to turn over the entire Internet to ATT for free. AT&T said no thanks, we just don’t see the value in it. In 1992 the US government made the Internet public and the rush was on.