On This Day in History
The latest news, updates and opinions on On This Day in History from the expert team here at MoneyWeek
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17 November 1869: Opening of the Suez Canal
Features On this day in 1869, the Suez Canal, designed by Frenchman Ferdinand de Lessops, opened for business, connecting Europe to Asia through Africa.
By Ben Judge Last updated
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16 November 1904: John Ambrose Fleming patents the oscillation valve
Features On this day in 1914, John Ambrose Fleming patented his oscillation valve – a component which formed the basis of the electronics industry for half a century.
By Ben Judge Last updated
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14 November 1995: US government shuts down
Features On this day in 1995, the US government shut down museums and national parks after Bill Clinton and Congress were unable to agree on a budget.
By Dr Matthew Partridge Last updated
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13 November 1865: US issues its first gold certificates
Features The effects of loose money-printing and counterfeit notes led the US to issue its first ‘gold certificates’ – a form of paper currency backed by gold – on this day in 1865.
By Chris Carter Last updated
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13 November 1947: Mikhail Kalashnikov's AK-47 makes its debut
Features Russian Mikhail Kalashnikov's AK-47 assault rifle was first demonstrated to Soviet officials on this day in 1947.
By Dr Matthew Partridge Last updated
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12 November 1859: Jules Leotard's flying trapeze
Features On this day in 1859, Jules Leotard performed the world’s first ever flying trapeze act, wowing audiences in the Cirque Napoleon in Paris.
By Ben Judge Last updated
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12 November 1990: Tim Berners-Lee sets out to build the World Wide Web
Features On this day in 1990, Sir Tim Berners-Lee set out his proposals for creating the World Wide Web.
By Chris Carter Last updated
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11 November 1887: work begins on the Manchester Ship Canal
Features On this day in 1887, work began on digging the 36-mile-long Manchester Ship Canal, which would enable the city’s exporters to bypass the expensive port of Liverpool.
By Ben Judge Last updated
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10 November 1980: Michael Foot elected Labour leader
Features On this day in 1980, Michael Foot won the Labour party leadership election, steering the party into its worst-ever general election defeat.
By Chris Carter Last updated
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