OCTOBER 17
1973:The Organization of Petroleum Exporting Countries announces it will
reduce oil exports to nations that supported Israel in the Yom Kippur
War, which began earlier that month. OPEC will impose a total oil
embargo on the United States, Israel's most prominent military ally, as
well as on the staunchly pro-Israel Netherlands. The oil crisis causes
skyrocketing prices, long lines at gas stations and rationing that lasts
until March 1974.
1933: Physicist Albert Einstein and his wife, Elsa, arrive in
New York Harbor. Einstein had accepted a position at Princeton
University's Institute for Advanced Study after fleeing from Nazi
Germany. Einstein is one of thousands of Jewish intellectuals who escape
Adolf Hitler's persecution in one of the greatest brain drains in
history.
1978: President Jimmy Carter signs a bill restoring full U.S. citizenship to Jefferson Davis, the president of the Confederate States of America during the Civil War, who died in 1889.
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