Today in history—November 27
1703: James Delancey, the British chief justice of New York who presided over the prosecution of newspaper entrepreneur Peter Zenger, is born.
1746: Robert Livingston is born. The lawyer-turned-diplomat goes on to negotiate one of the biggest deals in U.S. history, the purchase of French Louisiana for $15 million—about $242 million in today’s dollars. He will also be one of the principal backers of Robert Fulton’s newfangled steamboat, and with Fulton will enjoy a legislative monopoly on steamboat travel on the Hudson.
1779: The College of Pennsylvania is promoted to the University of Pennsylvania.
1839: The American Statistical Association is organized in Boston. At least, we have detected a close correlation with this date.
1874: One of the great-grandfathers of the law and economics movement, historian Charles (An Economic Interpretation of the Constitution of the United States) Beard is born
1910: Pennsylvania Station, the largest railway station in the world, opens in New York. All the trains are late, setting a tradition.
1979: A former titan falls on hard times, as U.S. Steel announces it is closing 12 plants. It blames environmental regulations and the government’s failure to restrict cheap foreign imports.
1995: The nation’s biggest health care firm is formed by the merger of AmHS/Premier and SunHealth Alliance.