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In 1857, in the year that Noah Spears Cline was born, on March 2nd, the largest slave auction in US history was begun. Called "The Weeping Time", the auction lasted 2 days. Slave owner Pierce M. Butler - who had inherited the slaves 20 years before but was now deeply in debt - sold 436 men, women, children, and infants, all of whom were kept in stalls at a racetrack in Savannah, Georgia. The people were held for weeks before the auction in the horse stalls.
In 1866, on May 10th, the "banker's bank" - London bank Overend, Gurney and Company - collapsed, beginning the Panic of 1866. Unemployment went up to 8% and wages went down. Only about 16% of joint-stock companies - a company whose stock is owned jointly by the shareholders - weathered the Panic.
In 1880, on February 2nd the city of Wabash, Indiana became the third city in the world to be lit by electricity.
In 1957, on October 4th, the Soviet Union launched Sputnik I, the first man made earth-orbiting satellite - and triggered the Space Race. Sputnik I was only 23 inches in diameter and had no tracking equipment, only 4 antennas, but it had a big impact.
In 1999, the fear that Y2K (year 2000) would cause the failure of computers worldwide when clocks didn't properly update to January 1st, 2000 became near panic. While some computer systems and software did have problems, the panic was unfounded and computer life went on.
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