On this day: September 18
POSTED: 05:16 PM MDT Sep 17, 2012
UPDATED: 12:00 AM MDT Sep 18, 2012
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.
Public domain
1789: Treasury Secretary Alexander Hamilton negotiates and secures the first loan for the United States. The Temporary Loan of 1789, which was used to pay the salaries of the president, senators, representatives and officers of the first Congress, would repaid on June 8, 1790, at the sum of $191,608.81.
