On May 17, 1792, the New York Stock Exchange was founded by
24 stockbrokers who were meeting under a buttonwood tree near what is today 68
Wall Street. Little did these 24 men know that their small company would grow
to be the world’s largest stock exchange, with an average daily trading value
of over 150 million US dollars.
In Addition, on May 17, 1863, the Battle of Big Black River
Bridge was fought during the Civil War as part of the Vicksburg Campaign. On
the morning of May 17, Union Major General John A. McClernand, with three
divisions of the Union’s 13th corps, encountered Confederate troops,
under the command of Brigadier General John S. Bowen, who were entrenched
behind cotton bales near the Big Black River Bridge. The Union men were soon
forced to take cover due to rebel artillery fire. Soon, however, Union Brigadier
General Michael K. Lawler formed his brigade, and surged out of a meander scar,
strait into the Confederate breastworks. The confederates in the breastworks
quickly panicked and began to flee across the Big Black River, but not before
burning the bridges across it. In all, the battle was a complete disaster for
the Confederates, who lost around 200 men killed or wounded, and 1,800
captured. In contrast, the Union lost a mere 273 total casualties. This battle
essentially sealed Vicksburg’s fate: the Confederates were bottled up.
Also, on May 17, 1875, the first ever Kentucky Derby was
run, at a distance of 1 ½ miles, which in the future would be changed to the
current distance of 1 ¼ mile. Only 3 horses competed in the first derby, in
front of a crowd of around 10,000 people, with a colt named Aristides winning
the race.
Why not give your kids history videos from Learn Our History? They're a great way for kids to learn U.S. history in a way that inspires and entertains. Learn Our History videos are so much fun to watch, your kids won't even realize they're learning. You can get them at learnourhistory.com or by visiting this link right here for a very special 2 FREE videos plus one for $4.95 offer.