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December 26, 1919

Today In History

Red Sox sell their rights to Babe Ruth to the New York Yankees

BABE RUTH SOLD TO YANKEES - On December 26, 1919, Harry Frazee, the owner of the Boston Red Sox, who was also a theatrical producer, sold his star player, George Herman “Babe” Ruth to the New York Yankees for $125,000 and other cash considerations. Frazee used some of the proceeds of the deal to finance his Broadway play “No, No, Nanette.” Frazee was quoted as saying that he believed that the Yankees were “taking a gamble” with Ruth and that with the money from this deal, the Red Sox could buy other players that would make them a better team than would have been with Ruth. The Red Sox proceeded to have 14 consecutive losing seasons, including 9 in which they finished last in the American League. Meanwhile, with Babe Ruth leading the way, the Yankees won 7 American League pennants and 4 World Series, becoming baseball’s most prominent team, and they opened a brand new ballpark referred to as “The House That Ruth Built.” Prior to the trade, the Red Sox had won five World Series in the short 16 year history of the Fall Classic, including just one year earlier in 1918. However, it would be another 86 years before they won another one. During this 86 year drought, known as “The Curse of the Bambino”, the Yankees won 26 World Series, including their first four titles with Babe Ruth.

Remember When

Levittown - Planned community on Long Island, New York
The building firm Levitt & Sons, Inc. was founded by Abraham Levitt and his two sons William and Alfred. They developed Levittown on Long Island in 1947. William spearheaded the project and is considered the father of modern suburbia. He developed an expertise while in the Navy for mass-producing buildings for military housing using uniform and interchangeable parts. His architect-brother, Alfred, designed a small ranch style house on one floor with a concrete slab. The planned 2,000 home rental community was a hit with returning GIs and their young families and half of the properties were rented within two days of the community being announced on May 7, 1947. The houses were constructed at a rate of 30 houses a day by July 1948. The project expanded to include thousands more homes with schools, community services and postal delivery. With the full support of the FHA, houses were being sold for $ 7,990. with 30-year mortgages, no down payment required, and monthly costs the same as rentals. Unfortunately, Levittown would also become a symbol of racial segregation, consistent with government housing policies of the time who allowed developers to justify segregation within public housing. Non-whites were prohibited from purchasing or renting until the 1960s.
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Collectible Editions

You have a choice of three versions of our collectible edition to select from. 52-pages, 100-pages (special oversized edition) and our 104-page version (hard cover). Enjoy your stroll down memory lane!



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