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.
1850: The U.S. Congress passes the Fugitive Slave Law of 1850. The law declared that all runaway slaves be brought back to their masters. Since any suspected slave was not eligible for a trial, this led to many free blacks being conscripted into slavery as they had no rights in court and could not defend themselves against accusations.
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