Monday, July 14, 2008

1924. Society.

1924. V.I. Lenin dies of sclerosis January 21 at age 53. A triumvirate takes power as Josef Stalin begins a power struggle with Leon Trotsky.

1924. International Business Machines Corps. (IBM) is organized at New York by former National Cash Register executive Thomas J. Watson.

1924. The first Macy's Thanksgiving Day parade moves 2 miles from Central Park West down Broadway to Herald Square, beginning an annual promotion event designed to boost Christmas sales.

1924. Ford produces nearly 2 million Model T motorcars for the second year in a row and drops the price of a new touring car to a low of $290, making a durable automobile available to Americans even of modest means.

1924. Music Corp. of America (MCA) is founded by Chicago physician Jules C. Stein. He starts a company that will innovate the one-night stand at a time when most bookings have been for the season.

Popular Songs: "It Had to Be You"; "Tea for Two"; "How Come You Do Me Like You Do?"; "What'll I do"; "When My Sugar Walks Down the Street"; "Everybody Loves My Baby (But My Baby Don't Love Nobody But Me"; "Hard Hearted Hannah, the Vamp of Savannah"; "Amapola (My Pretty Little Poppy)"; "When Day Is Done."

1924. The first winter Olympics open at Chamonix; the games at Paris attract 2,285 contestants from 45 nations.

1924. University of Illinois halfback Harold "Red" Grange receives the opening kickoff from undefeated Michigan State, runs it back 95 yards for a touchdown, scores three more touchdowns in the next 12 minutes, and a fifth later in the game. Sportswriter Grantland Rice will nickname him the "Galloping Ghost."

1924. Notre Dame University has an undefeated season thanks to a backfield that Grantland Rice calls the "Four Horsemen": Don Miller, Elmer Layden, Jim Crowley and Harry Stuhldreher.

1924. Chicago students Nathan Leopold and Richard Loeb, both 19, confess May 31 that they have murdered their cousin Robert "Bobby" Franks, 14, "in the interests of science." Both are sons of rich families. Lawyer Clarence Darrow, now 67, saves them from the gallows with his eloquence and they are sentenced to life imprisonment.

1924. The first effective chemical pesticides are introduced.

1924. 30% of U.S. bread is baked at home, down from 70% in 1910.

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