" Ill-luck, you know, seldom comes alone. "
Miguel de Cervantes

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History

The Panic of 1837

In 1836, US President Andrew Jackson issued the Specie Circular, an executive order requiring purchases of government land to be made only with gold and silver currency, or specie. A shortage of specie soon made loans harder to acquire, and the US economy suffered. When the speculative bubble burst in 1837, every bank in New York City stopped payment in specie. The Panic was followed by a nationwide depression involving record bank failures and unemployment levels. Who was blamed for the Panic?

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Cupid and Psyche

The tale of Cupid, the Roman god of love, and Psyche, his mortal lover, first appeared as a one of the stories in Lucius Apuleius' second-century novel alternately known as The Golden Ass or Metamorphoses—the only Latin novel to survive in its entirety. In the folktale, the jealous goddess Venus asks her son Cupid to use his arrows to cause a beautiful mortal woman named Psyche to fall in love with the vilest creature on Earth. What happens when Cupid goes to carry out his mission?

Born on a day like today

Article

Sid Vicious

Born John Simon Ritchie, Sid Vicious was an English punk rock musician who played bass for the Sex Pistols. After the band broke up in 1978, he embarked on a solo career, with his girlfriend, Nancy Spungen, acting as his manager. The two heroin addicts quickly spun out of control. On October 12, 1978, he awoke to find Spungen dead from a stab wound on the bathroom floor of their New York hotel room. Vicious was later arrested, though he claimed to have no memory of the event. Did he kill her?

Last updated on Monday, 10th May 2010

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