America takes out its first loan, The New York Times and the United States Air Force are born, guitar legend Jimi Hendrix dies, and "The Guiding Light" ends after 72 years, all on this day.
2004: Film director Russ Meyer, known primarily for writing and directing a series of successful low-budget sexploitation films that featured campy humor, sly satire and large-breasted women such as "Faster, Pussycat! Kill! Kill!" and "Vixen!," dies of complications of pneumonia at age 82 in Hollywood Hills, California.