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...million people turned out to make Admiral George Dewey, hero of the battle of Manila Bay, the first individual honored with a ticker-tape parade. Former President Teddy Roosevelt got one in 1910 upon returning from his African safari. But it wasn't until 1919, when Grover Whalen was made New York City's official greeter, that ticker-tape parades took off: from 1919 to 1953 he reportedly threw 86 of them, many at the urging of the State Department. The luminaries he feted in his early years included Albert Einstein in 1921 - the only scientist ever honored with...

Author: /time Magazine | Title: Ticker-Tape Parades | 11/6/2009 | See Source »

...captain John Schweer was shot and killed while working as a night watchman at an Oldsmobile dealership in Council Bluffs, Iowa. Two teenagers, Curtis McGhee and Terry Harrington, were convicted of the murder based on evidence they allege was knowingly fabricated by prosecutors. (Watch a 1937 newsreel of President Roosevelt confronting the Supreme Court...

Author: /time Magazine | Title: When Is It Legal to Frame a Man for Murder? | 11/5/2009 | See Source »

Then there's her friendship and apparent long-standing affair with Gene Vidal (Ewan McGregor), a West Point flying instructor who became head of the aeronautics branch of the Department of Commerce during the Roosevelt Administration, thanks largely to Earhart's advocacy with Eleanor Roosevelt (a jolly Cherry Jones). Gore Vidal, a child at the time, confirmed to Butler much of the relationship, sharing details like Earhart's habit of wearing Gene's underwear while aloft (helpful with that midair funnel). With tidbits like this, who needs flashbacks to ticker-tape parades? But both romances are bloodless. Even when Earhart...

Author: /time Magazine | Title: Hollywood's Amelia Earhart: Lost at Sea | 11/2/2009 | See Source »

...wage should not exceed five times its lowest. By the late 1890s, the banker J.P. Morgan had increased it to 20 times the average. The Securities and Exchange Commission enacted strict executive-compensation-disclosure laws in 1938, but four years after that, the New York Times denounced President Franklin Roosevelt's attempt to cap Americans' pay at $25,000 (about $331,000 today) as a ploy to "level down from the top"; Congress rebuffed...

Author: /time Magazine | Title: Brief History: Executive Pay | 11/2/2009 | See Source »

Wilson's shipping restrictions were terminated in 1921, and the U.S. remained national-emergency-free until 1933, when Franklin Roosevelt proclaimed a national emergency so that he could institute bank holidays. Roosevelt never formally ended the emergency, and in 1973 an astonished Senate committee discovered that, technically, it was still in effect - along with three other so-called emergencies that collectively had activated 470 provisions of federal law. For 40 years, the U.S. government had accidentally authorized the President to seize property, control production, institute martial law and restrict travel at any time. Congress rectified this oversight with...

Author: /time Magazine | Title: National Emergencies | 10/27/2009 | See Source »

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