On this day: October 29

POSTED: 9:43 PM Oct 28 2012   UPDATED: 12:00 AM Oct 29 2013

The Red Cross is formed, the New York Stock Exchange crashes on "Black Tuesday," Cassius Clay fights for the first time, and John Glenn returns to space, all on this day.

OTD October 29 - Louis B Mayer
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Los Angeles Times photographic archive, UCLA Library

1957: Film producer Louis B. Mayer, generally cited as the creator of the "star system" within Metro-Goldwyn-Mayer studios in its golden years, dies of leukemia at the age of 73 in Los Angeles. Mayer, seen here with Joan Crawford in 1953, was the first person in American history to earn a million-dollar salary and was the highest-paid man in the United States for the nine years from 1937.


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