18th MARCH ~ HISTORY ON THIS DAY

The 18th of MARCH HiSTORY TiMELiNE

1068 ~ An earthquake in the Levant and the Arabian Peninsula killed approximately 20,000 people.

1741 ~ Fort George was burned in an arson attack, which started the New York Conspiracy of 1741.

1850 ~ American Express was founded by Henry Wells and William Fargo.

1965 ~ Cosmonaut Alexei Leonov became the first person to walk in space, after he left his spacecraft Voskhod 2 for 12 minutes.

Today in History for March 18th (Associated Press video)

The March 18th summary by History.com ~ 1852: Henry Wells and William G. Fargo joined with several other investors to launch their namesake business in New York City, on the 18th March 1852. The discovery of gold in California in 1849 prompted a huge spike in the demand for cross-country shipping, so Wells and Fargo decided to take advantage of the great opportunity. In July 1852, their company shipped its first loads of freight from the East Coast to mining camps around northern California. The company contracted with independent stagecoach companies to provide the fastest possible transportation and delivery of gold dust, important documents and other valuable freight. It also served as a bank for buying gold dust, selling paper bank drafts and providing loans to help fuel California’s growing economy.