Bunzie F Holmes (born 1918)

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1918 World Events
In 1918, in the year that Bunzie F Holmes was born, federal spending was $12.68 billion, unemployment was 1.4% and the cost of a first-class stamp was 3 cents.
In 1950, on June 25th, the Korean War began when North Korean Communist forces crossed the 38th parallel. The Soviet Union and China backed North Korea and the U.N., primarily the United States backed South Korea.
In 1961, on May 5th, Navy Cmdr. Alan B. Shepard, Jr., made the first manned Project Mercury flight, MR-3, in a spacecraft he named Freedom 7. He was the second man to go into space, the first was Yuri Gagarin - a Soviet cosmonaut.
In 1974, on February 5th, Patty Hearst, age 19 - granddaughter of William Randolph Hearst and daughter of publisher of the San Francisco Examiner Randolph Hearst - was kidnapped by the Symbionese Liberation Army, a left wing terrorist group. She was found, alive, 19 months later.
In 1997, on July 1st, Hong Kong was returned to China. In 1898, Great Britain was awarded Hong Kong for 99 years. In a subsequent agreement, China agreed to allow Hong Kong to remain capitalist. So the handing over of the area ended British rule but did not change the economic system of Hong Kong.
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