The activity of buying and selling of goods and services.
Commerce
Fact of the Day
The Tudor Privy Council would sometimes punish those who fell out of its favour by making them wait to be seen by the Star Chamber for days, weeks, or months in London, during which time they would run up huge lodging bills. Wolsey made De Carteret of Guernsey wait for over four years.
Quote of the Day
"Democracy means government by discussion, but it is only effective if you can stop people talking.
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~ Clement Attlee
On This Day
1830 The Manchester to Liverpool train line opened, and caused the first train death (of MP William Huskisson).
1859 The great engineer Isambard Kingdom Brunel died.
1916 Tanks were first used on the Somme. They weren't ready for use in combat and many broke down.
1935 The Nuremberg race laws were introduced, stripping German Jews of their citizenship and forbidding them to marry Aryans.
1940 Hitler indefinitely postponed his invasion of Britain following a massive defeat of the Luftwaffe.
2008 The financial services firm Lehman Brothers filed for bankruptcy, the biggest such filing in US history, causing the Dow Jones to drop more than 500 points in a day.