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Friday, October 29 — Sir Walter Raleigh beheaded (1618); Black Tuesday, the great stock market crash (1929)

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  • October 29, an unlucky day: For some reason October 29 is the date for lots of bad things throughout history, not many good ones. Beyond Sir Walter’s beheading and the 1929 stock market crash, here are some more bad things that happened on this day:

    Hurricane Mitch, the second-deadliest Atlantic hurricane in history, made landfall on this day in 1998. At the time this photo was taken Mitch had sustained winds of 180 mph, gusts considerably higher. Click on the image for more info about Deadly Mitch.

    • 1268 AD: Conradin (sometimes known as Conrad V, as in “the fifth”), the last legitimate heir of the Hohenstaufen dynasty of German and Holy Roman kings, was executed by Charles I of Sicily. Due to his father’s untimely death, Conradin had ascended to the throne at the age of two, making him the ruler of the Duchy of Swabia as well as King of Germany, Jerusalem and Sicily (yes, really). Lots of complicated Medieval politics and rivalries ensued, ending with brave Conradin riding to the rescue of Italy from the usurper Charles I, leading an army that included Italians, Spaniards, Romans, Germans, and Arabs (probably the last time all those agreed on anything). Unfortunately when he encountered Charles I in battle in central Italy he made a few mistakes and ended up having to hole up in Rome, where the Pope despised all Hohenstaufens but he was otherwise welcomed. But when Conradin tried to sneak out of Rome he was captured and eventually beheaded at the ripe old age of 16. That meant Germany was completely out of eligible Hohenstaufens, and thus ended the dynasty, which is why you’ve probably never heard of the Hohenstaufens or the preceding Conrads. (Before Conrad V there had been versions I, II, III, and IV. Version IV was Conradin’s dad, who died of malaria.)
    • 1390: First trial for witchcraft held in Paris (not the first ever, but the first in Paris), three people executed. One of them, Jehanne de Brigue, had admitted to using sorcery to cure a very ill man, claiming to have made a wax figurine of the man and “curing” it with poison from her pet toad. (In hindsight, it would have been such a good idea to leave out the part about the toad.)
    • 1863: In the American Civil War, the Battle of Wauhatchie (in Tennessee), one of the few night battles in that war. 112 killed, 632 wounded, 84 missing in action. At one point in the battle the Confederate troops, listening in the dark, heard a cavalry charge coming toward them and they fled; turned out it was a pack of Union mules stampeding. Such is the fog of war. These days with modern night-vision gear the Rebs could have seen the mules coming and called in a cluster-bomb air strike.
    • 1901: Leon Czolgosz, assassin of President William McKinley, was executed. Czolgosz, an anarchist back when that wasn’t just a code-word for “violent leftist,” shot McKinley on September 6, two bullets in the abdomen with a .32-caliber revolver. McKinley died on September 14, Colgosz’s trial started on September 23, he was convicted September 24 (the jury deliberated one hour — Colgosz’s guilt was never in doubt, only his sanity), and he was fried on the chair on October 29 — they didn’t mess around with a lot of appeals in those days.
      McKinley, a Republican, was the last Civil War veteran to be elected President. In that sense he was similar to George H.W. Bush (Bush the elder), also a Republican, who was the last World War II veteran to be elected President.
    • 1980: Certifiable fruitcake Mark David Chapman leaves his home in Hawaii for New York, where he will assassinate John Lennon on December 8. (OK, that one’s kind of a stretch. Throw me a bone.)
    • 1994: New Mexico native Francisco Martin Duran fires 40 shots at the White House with a Chinese SKS rifle before he is subdued by three bystanders who got there quicker than the Secret Service. Duran claimed he was trying to save the world by destroying an alien “mist” tied by an umbilical cord to an alien in the Colorado mountains. (I did not make that up.) A lot of people concluded he was just making up stories to cop an insanity plea. He’s serving 40 years.
      Clinton was having a bad year. Six weeks earlier another nut, Frank Eugene Corder, had tried to crash a perfectly good stolen Cessna 150 into the White House, but missed and augered into the South Lawn instead. (Friends of Corder later said he bore no ill will toward Clinton, he probably did it just for the publicity, possibly driven by alcohol and depression, perhaps inspired by Matthias Rust‘s famous surprise landing of a Cessna 172 in Moscow’s Red Square in 1987. Rust was a bit nutty too, though apparently a better pilot. But let’s get back to Clinton’s Bad Year.) Just a few days after Duran’s futile target practice on the North Lawn Clinton’s Democrats suffered a landslide mid-term defeat in what became known as the Republican Revolution, with Republicans winning 54 seats in the House, taking over the House for the first time in 40 years. They also won control of the Senate, the majority of governorships, and for the first time in 50 years controlled a majority of state legislatures. The country was very unhappy with Slick Willie’s all-out attempt to force passage of what became known as “HillaryCare.” (Sound familiar?)
    • 1998: The second-deadliest Atlantic hurricane in history, Hurricane Mitch, makes landfall in Honduras, where it dropped over 36 inches of rain in one city, as much as 75 inches in the mountains. Mitch killed at least 6500 (thousands more were missing, many buried in mass graves and never accounted for), and wiped out three quarters of the country’s transportation infrastructure, including nearly all bridges and secondary roads, to the point that existing maps of Honduras were declared obsolete. Altogether Mitch killed more than 19 000 people across Honduras, Nicaragua, and the Caribbean and destroyed the homes of 2.7 million people. Off the coast of Honduras it sank the windjammer Fantome, killing all 31 of the crew, an event that became the basis for the best-seller The Ship and The Storm by Jim Carrier.
    • 2005: Three coordinated bombings in Delhi kill 60 and injure hundreds more. The first bomb was detonated in front of a medical shop, the second in a bus, the third in a crowded market near a gas cylinder, which also exploded and started multiple fires.  The Islamist Revolutionary Front claimed credit.
    • Like I said, October 29 is a bad day all around. You should definitely do your best to avoid it.

And those are just a few of the bad things that happened on this day. Now on to some happier stuff, mostly:

  • The 2010 baseball season — a very unusual year: This year’s baseball season has been very unusual in some unexpected ways. No-hit games average less than two per season; this year there have been five so far, including one in the play-offs, and there will be some stellar pitchers in the upcoming World Series. Perfect games — games that are not only no-hitters but where no one gets on base at all, meaning no walks, no hit batters, nothing — are even rarer, so rare that until this year there had only been 17 in the entire history of baseball, less than one every seven years. But this year there have already been two, and there would have been a third but for what was later shown to be an umpire’s mistake. Conversely, home runs are way down — more than 20 percent lower than 20 years ago.
    So what’s responsible for this unusual season, which bodes more of the same to come? Interestingly, the one person most responsible is George W. Bush. And it’s a good thing. Politics Daily executive editor Carl Cannon has an interesting analysis.
  • The Stig Farm and the Isle of Clarksons: For those of you who watch the BBC show Top Gear, be aware that next week’s episode will feature a visit to the secret Stig Farm to pick out their new Stig. Turns out Stigs come in many colors, including pink. What color will the next one be? See this Jalopnik article for details. At the end of the article be sure to watch the video about the Isle of Clarksons, a small island peopled by Jeremy Clarkson-like creatures of all shapes and sizes, but all of whom have moppy hair, wear ill-fitting jackets, and pause…..in the middle….of sentences.
    • For those who read the foregoing paragraph with a befuddled look, Top Gear is a wildly popular British TV show that is nominally about cars, but is really much more about satire, irreverence, and poking fun at political correctness. Beyond that it’s very difficult to describe, in the same way that the show Seinfeld was very difficult to describe — you really have to see it to understand. In the U.S. it’s on the BBC America channel; just look for “Top Gear” and set the DVR to record a few shows. I should note that being interested in cars has very little to do with enjoying the show, in fact some of the people I know who enjoy it most have no particular interest in cars at all. This is not “Motor Trend Weekly.”
  • Black Thursday, Black Friday, Black Monday, Black Tuesday: In reference to the Black Tuesday cited in the title of this post, there’s a lot of confusion about which “black day” it was that the stock market (specifically the NYSE) crashed in 1929. And the fact is it did not crash on just one day.
    The market had peaked at 381 on September 3, then went into an unstable decline that saw it lose 17 percent in the period up to October 24, a day which became known as Black Thursday. (Due to time differences, in Europe it was known as Black Friday.) On that day the market started dropping from the open and fell precipitously until 1 pm, when a group of leading bankers held an emergency meeting and decided to stop the slide by bidding up blue-chip stocks. That worked and it stopped the fall that day, but the market still closed with a major loss of 13 percent on very heavy volume.
    But the halt in the slide wouldn’t last. Stories about the huge loss and the fears around it made headlines over the weekend, and on Monday the 28th many investors just wanted out of the market. What ensued was what became known as Black Monday, another 13 percent loss on very heavy volume, closing at 261. The next day, Black Tuesday, was the worst yet, a loss of 12 percent, down to 230, on volume so heavy that it broke all existing records and in fact Black Tuesday’s record volume stood as the all-time record for the next 39 years, not topped until 1968. It was a mad stampede for the door; everybody wanted out.
    The market continued to drop until November 13, when it bottomed at 198.60. It then rallied slowly for a few months, reaching 294 on April 17, 1930. But then it started sliding again and this time there was no stopping it. It slid steadily for more than two years, finally bottoming out on July 8, 1932 at a stunningly low 41 (forty-one), a level so low no one believed it could ever fall that low, a heart-rending 89 percent fall from its peak. And it would not return to its pre-crash levels until November 1954, more than 25 years after the 1929 crash.

And on that cheerless note at the end of this post full of doom — have a nice weekend!

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