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Rickard borrowed an amount of $250,000 (in 1921 money) to make the arena. [5] Wireless Age, a technology magazine of the era, had held a convention in New York City from March 16 to the 19th of the same year. Julius Hopp was a concert organizer at the Madison Square Garden, and he asked Rickard for permission to broadcast the fight live on radio.
The Jack Dempsey vs. Georges Carpentier world heavyweight championship bout on July 2, 1921, at Boyle's Thirty Acres in Jersey City, New Jersey was the first ever boxing fight to produce a "million dollar gate", doubling the previous record, with receipts of $1,789,238 from an official attendance of 80,183, the largest gate and attendance for a sporting event in the United States at the time.
The recession of 1921 began soon after; sales dropped, and tens of thousands of both dates remained unsold. The tercentenary commission returned 48,000 of the 1920 issue and 80,000 of the 1921 to the Mint. [25] Both dates of the Pilgrim half dollar have appreciated in price over the years, particularly the 1921 issue, of which only 20,000 are ...
From 1921 to 1923, the federal government spent $162 million (equivalent to $2.9 billion in 2023) on America's highway system, infusing the U.S. economy with a large amount of capital. [156] In 1922, Harding proclaimed that America was in the age of the "motor car", which "reflects our standard of living and gauges the speed of our present-day ...
The upheaval associated with the transition from a wartime to peacetime economy contributed to a depression in 1920 and 1921. The Depression of 1920–1921 was a sharp deflationary recession in the United States, United Kingdom and other countries, beginning 14 months after the end of World War I. It lasted from January 1920 to July 1921. [1]
The Budget and Accounting Act of 1921 (Pub. L. 67–13, 42 Stat. 20, enacted June 10, 1921) was landmark legislation that established the framework for the modern federal budget. The act was approved by President Warren G. Harding to provide a national budget system and an independent audit of government accounts.
1921 Centre vs. Harvard football game: Centre College's football team, led by quarterback Bo McMillin, defeats Harvard University 6–0 to snap Harvard's five-year winning streak. For decades afterward, this is called "football's upset of the century."
1921 was a common year starting on Saturday of the Gregorian calendar and a common year starting on Friday of the Julian calendar, the 1921st year of the Common Era (CE) and Anno Domini (AD) designations, the 921st year of the 2nd millennium, the 21st year of the 20th century, and the 2nd year of the 1920s decade. As of the start of 1921, the ...