On this day: September 18

Published On: Sep 17 2012 07:16:13 PM EDT   Updated On: Sep 18 2014 02:00:00 AM EDT

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.

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1975: Patty Hearst is arrested after a year on the FBI Most Wanted List. The newspaper heiress was kidnapped from a San Francisco apartment on Feb. 4, 1974, by the leftist group Symbionese Liberation Army. While initially their captive, she later announced she was joining the group of her own free will and took part in a bank robbery with them. She would end up being convicted in March 1976 and sentenced to seven years in prison, although her sentence was commuted by President Jimmy Carter and she was released in February 1979. In 2001, she received a full pardon from President Bill Clinton.

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