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.
1971: Actress Jada Pinkett Smith, the wife of fellow actor Will Smith and who is known for roles in such movies as "The Nutty Professor" and "Menace II Society," is born in Baltimore, Md.
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