Today in history – 1.07.2019

  • 1782 – The first American commercial bank, the Bank of North America, opens.
  • 1920 – The New York State Assembly refuses to seat five duly elected Socialist assemblymen
  • 1927 – The first transatlantic telephone service is established from New York City to London.
  • 1939 – Marguerite Perey discovers Francium, the last element first discovered in nature, rather than by synthesis.
  • 1953  President Harry Truman announced that the United States had developed the hydrogen bomb.
  • 1980 – President Jimmy Carter authorizes legislation giving $1.5 billion in loans to bail out the Chrysler Corporation.
  • 1999 – The Senate trial in the impeachment of President Bill Clinton begins.
  • 2003 – President George W. Bush proposed a tax-cut package of $670 billion over 10 years.