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Historical Context for August 20, 1985

In 1985, the world population was approximately 4,868,943,465 people[†]

In 1985, the average yearly tuition was $1,228 for public universities and $5,556 for private universities. Today, these costs have risen to $9,750 and $35,248 respectively[†]

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Headlines from August 20, 1985

MARYLAND THRIFT UNIT MORATORIUM

By Eric N. Berg

Responding to ''long lines and heavy withdrawals'' of deposits from one of Maryland's largest savings and loan associations, Gov. Harry R. Hughes yesterday orderered a 20-day moratorium on further withdrawals from the thrift institution. The action late yesterday afternoon followed a third day in which depositors demanded their money as they expressed concern that troubles in the thrift unit's real estate subsidiary would jeopardize their funds. The crisis at Community Savings and Loan Association in Bethesda, Md., is the latest in a series of sudden difficulties among commercial banks, thrift institutions and government securities dealers over the last year stemming from complex financial dealings. In Community Savings's case, the trouble emerged last week when it was disclosed that the thrift association's real estate subsidiary did not have the cash to make interest and principal payments on a portion of $1.4 billion in mortgages it had issued.

Financial Desk1053 words

BUSINESS DIGEST: TUESDAY, AUGUST 20, 1985

By Unknown Author

Companies Pantry Pride bid for Revlon, which took defensive steps. Revlon said it planned a ''special dividend'' to shareholders - a so-called poison pill - that could add $750 million to the cost of buying the company. It also said it would buy up to five million of its shares in the open market. Pantry Pride offered $47.50 a share, or a total of $1.81 billion, for the cosmetics company. [Page D1.] T.W.A. shareholders other than Texas Air and Carl Icahn would decide which offer for the airline to accept under a proposal going to T.W.A.'s board today, a Wall Street source said. The proposal, worked out by T.W.A. and Texas Air advisers, is intended to leave the decision to ''impartial'' shareholders, the source said. [D1.]

Financial Desk704 words

PANTRY BID IS OPPOSED BY REVLON

By Robert J. Cole

A takeover battle between Revlon Inc. and Pantry Pride Inc. burst into the open yesterday as Revlon announced a series of defensive steps and Pantry Pride made a formal tender offer. Revlon said it planned a ''special dividend'' to shareholders - a so-called poison pill - that could add $750 million to the cost of buying the company. It also said it would buy back up to five million of its shares in the open market. For its part, Pantry Pride formally offered stockholders $47.50 a share for any and all of Revlon's 38.2 million shares, or a total of $1.81 billion. It said its offer was conditional on getting about $750 million in additional financing.

Financial Desk1073 words

MOTOROLA'S FAST-GROWTH PATH

By Steven Greenhouse, Special To the New York Times

For many middle-aged Americans, the name Motorola evokes memories of their first television set or car radio. These days, however, Motorola is making its mark in the high-tech world of semiconductors, computers and mobile phones. But Motorola's technological expansion over the last decade has not always gone smoothly. And today, the company is plagued with problems in the very businesses that it is counting on for fast growth in the future. Low-priced cellular mobile phones from Japan have produced losses for Motorola's mobile phone division, notwithstanding its 40 percent market share. Four-Phase Systems Inc., Motorola's computer unit, is also in the red and laid off 500 employees last week. And a worldwide slump has hurt Motorola's semiconductor division even though that unit is weathering the downturn far better than many of its competitors.

Financial Desk1421 words

NEW CROP VARIETIES LIFT HOPES FOR AFRICA

By Philip M. Boffey, Special To the New York Times

After decades of frustrating failure, scientists are reporting the first glimmers of success in their efforts to design new ''miracle crops'' for starving regions of Africa. In recent months farmers in Zimbabwe have achieved record harvests of maize using a high-yielding hybrid laboriously developed by agricultural researchers; a new high-yielding, drought-resistant strain of sorghum has been distributed for the first time to some farmers in the Sudan; and progress has been claimed toward developing new varieties of other staple food crops in Africa. Nobody expects a technological revolution in African agriculture overnight or believes that agricultural technology alone can solve the continent's awesome economic, political and social problems. But some optimistic scientists believe that science may ultimately be able to do for Africa what it has already helped to accomplish in much of Asia -eliminating chronic food shortages and periodic, seemingly inevitable, famines. ''The job is going to take some time,'' said Nyle C. Brady, assistant administrator for science and technology in the Agency for International Development.

Science Desk1997 words

CORRECTION

By Unknown Author

Because of an editing error, an article on Monday about safety problems in the design of chemical plant processing units misattributed part of a quotation. It was J. Charles Forman, executive director of the American Institute of Chemical Engineers, who said, ''These are frightfully expensive changes. On the other hand, they are frightfully cheap when you consider the cost of an accident.''

Metropolitan Desk62 words

KEAN TACKLES NATIONAL ISSUES

By Jonathan Friendly

GOVERNOR Kean of New Jersey became chairman in late July of the Education Commission of the States, a coalition of governors and state education officials. As a first project he named a study group to suggest what governors and legislatures could do to improve college education, pointing out that 80 percent of the nation's undergraduates attend state colleges and universities. Two weeks later the commission and the National Governors Association agreed to pay for a study of what states should be doing to improve public schools. The Governor, a former schoolteacher and college professor, will be co-chairman of that study. He also serves on a privately funded task force examining ways to build the professional status of teaching. In a recent interview Mr. Kean, a Republican, talked about what he sees as the most important national education issues and what he is trying to do about them in New Jersey. Q. Do you agree with Secretary of Education William Bennett's stands on issues such as vouchers for school students?

Science Desk1126 words

3-YEAR LATIN DEBT CRISIS: GAINS, BUT PERILS PERSIST

By Nicholas D. Kristof

In the three years since the third-world debt crisis erupted, arousing fears for the global financial system, great progress has been made. Largely because of painful austerity measures south of the border, there no longer seems to be any immediate danger of debt problems toppling big banks like dominoes. Notwithstanding the progress, immense difficulties remain. For all the emergency repair work, the total amount of Latin American debt has actually risen, not fallen, over the last three years. Skeptics, therefore, say that banks have only postponed the day of reckoning - not defused the situation - by lending new money to countries so that they can pay off old debts.

Financial Desk1011 words

CORRECTION

By Unknown Author

The Q&A column in Science Times on Aug. 6 contained an incorrect answer. The question and the correct answer appear today on page C4.

Metropolitan Desk24 words

Article 202698 -- No Title

By Robin Toner

Some already knew the first trip they would take, or the style of house they would buy, when their $33.5 million ship - and their six numbers - came in. Sure, the odds are long - 6.1 million to 1 for a $1 ticket - but thousands of New Yorkers took a leap of faith yesterday and landed in a line for a lottery ticket. The lure was a jackpot of $28.5 million for tomorrow night's drawing of the Lotto 48 game. But so brisk were the sales that the first prize was raised yesterday afternoon to $33.5 million - the largest ever in New York and the second largest in North America, lottery officials said.

Metropolitan Desk1190 words

FARRELL IS REINSTATED TO BALLOT FOR MAYOR BY A FEDERAL JUDGE

By Frank Lynn

A Federal judge yesterday re-instated Assemblyman Herman D. Farrell Jr. as a candidate for mayor in the Sept. 10 Democratic primary. The judge, John F. Keenan of District Court in Manhattan, ruled that an incorrect cover sheet on one volume of Mr. Farrell's nominating petitions was ''an inconsequential violation'' of the state election laws and that the city's Board of Elections could have employed ''less drastic remedies'' to require compliance than removing him from the ballot July 30. Minutes after the ruling, an exuberant Mr. Farrell said: ''The judge has ruled in my favor. He has agreed that you cannot take someone off for a hypertechnical error.''

Metropolitan Desk897 words

I was wondering if anything interesting on the news was going on when I was born, and decided to create this website for fun. The purpose is to show people what was going on when they were born. With this website I've found out that it was a pretty slow news day on my birthday, but I bet it would feel cool to know a historical event happened on your birthday.

The data used in this project is provided by the New York Times API. They have by far the best API I was able to find, with articles dating back to the 1950s. There weren't any other major newspapers that had an API with close to as much data. The closest was the Guardian API, but theirs only went back to the 1990s. I decided to only use articles from the New York Times because their API was by far the best. This tool works if you have a birthday after the 1950s or so.

Some important dates in history I'd recommend looking up on this website are:

  • 9/11/2001: The September 11 Attacks happened on this day, the news articles from this date provide great context to the tragedy our nation suffered and the immediate response from the American people. The headlines capture the shock, confusion, and unity that emerged in the aftermath of this devastating event.
  • 7/20/1969: The historic Apollo 11 moon landing, when humans first set foot on another celestial body. The articles from this date showcase humanity's greatest achievement in space exploration and the culmination of the space race.
  • 11/9/1989: The fall of the Berlin Wall, marking the beginning of the end of the Cold War. The coverage provides fascinating insights into this pivotal moment in world history and the emotions of people as decades of division came to an end.
  • 1/20/2009: Barack Obama's inauguration as the first African American President of the United States, a watershed moment in American history that represented a major milestone in the ongoing journey toward racial equality.
  • 8/15/1969: The Woodstock Music Festival began, marking a defining moment in American counterculture and music history. The coverage captures the spirit of the era and the unprecedented gathering of young people.

These historical events are just a few examples of the fascinating moments in history you can explore through this tool. Whether you're interested in your own birthday, significant historical dates, or just curious about what was making headlines on any given day, this website offers a unique window into the past through the lens of contemporary news coverage.

You can read more on our blog.