Return Today in the History of Business & Economics Return

MAY 1

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China, Slovenia, Russia, Ukraine, Yugoslavia: International Labor Day
(May 1-2)
China Slovenia Russia Ukraine Yugoslavia Labor Day
1830 Mary Harris "Mother" Jones (Irish-American Labor Leader) Mother Jones Labor
1898 Eugene Black (Georgia-born Financier; President of the World Bank: 1949-62) Georgia Business Leaders Economic Institutions and Agencies World Bank
Deaths
Persons of Historic Significance Who Have Died on This Date
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1794 Shoemakers Organize the First U.S. Labor Union Philadelphia as the Federal Society of Journeymen Cordwainers Philadelphia, Pennsylvania Labor Historic Firsts EconEdLink
1810 Macon's Bill No. 2 Lifts Restrictions on U.S. Trade with England and France Great Britain France U.S. Congress International Trade Humanities Web
1864 U.S.S. Fox Captures the Confederate Sloop Oscar Along Florida's Gulf Coast Florida American Civil War Naval Military History Florida Historical Society
1874 Residents of Seattle, Washington Begin Building Their Own Railroad Seattle, Washington Railroad History Link
1886 Coordinated Strikes and Demonstrations Across the Nation Demand 8-Hour Day for Industrial Workers Labor Strikes Chicago Historical Society Ohio Historical Society
1888 U.S. Patent #382,280 Is Granted to Nikola Tesla for the "Electrical Transmission of Power" Croatian Scientists and Mathematicians Patents Patent #382,280 Electrical Energy USPTO
1933 The Minnesota Legislature Passes an Emergency Law Stopping Farm Foreclosure Sales Minnesota Government Farming & Agriculture Economics Great Depression Law Minnesota Historical Society
1936 Seattle Teachers' Credit Union Is Chartered Seattle, Washington Education Economics School Employees Credit Union of Washington History Link
1941 President Roosevelt Purchases First Series E Savings Bond Franklin Roosevelt Economics U.S. Treasury
1971 Amtrak Begins Operation Railroads Amtrak New York Times
1973 1.6 Million British Workers Strike in Protest of Government's Pay and Price Policies British Business Labor Strikes May Day BBC
1981 Governor Pierre du Pont Signs the Financial Center Development Act, Transforming Wilmington, Delaware into a Major U.S. Banking Center Wilmington, Delaware Economics Law State of Delaware

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