Today in history—November 23

912: Otto I (the Great) is born. He will become the first true Holy Roman Emperor and under his aegis the process of bringing Roman law into Germany will begin.

1860: The New York Clearing House takes the first steps to stem a three-year bank panic by issuing $7 million in new loans to ailing banks.

1903: The governor of Colorado sends in state militia to break up the miners’ strike that the Cripple Creek mines (left).

1897: Ransom Eli Olds receives a patent for a “motor carriage.”

1987: Following a sudden stock market fall, the Chicago Board of Trade institutes daily price ceilings.