June 24 - 1675: The bloodiest war in America's history begins

1675: King Philip's War. 1979: Cape Cod lesson in the oil crises
The King Philip's War was the bloodiest in American history. This old woodcut shows Indiand attacking settlers.

1675: Wampanoags kill seven colonists, triggers start of King Philip's War

The bloodiest war in America's history takes lives of 600 settlers and 3,000 Indians

On this day in 1675, Wampanoag warriors killed seven colonists in Swansea in retaliation for a series of injustices suffered at the hands of the English.

This raid is generally considered the beginning of King Philip's War, a bloody conflict that would involve every New England colony and all the peoples of the Algonquian nation.

Over the next year, members of the Abenaki, Narragansett, Nipmuc, and Wampanoag tribes attacked more than half of all the settlements in New England and reduced about a dozen towns in Plymouth and Massachusetts Bay colonies to ashes.

By August of 1676, more than 600 settlers had died and 1,200 homes had been burned. An estimated 3,000 Native Americans died at the hands of the English. Read more about King Philip's War here.

1979: Managing OPEC's Money

Or how the oil price increases work and who gets the money

On this day in 1979, a front page story in the June 24, 1979, Sunday Business & Finance Section of the New York Times, used the Cape Cod story below as an example to explain what was happening to its readers.

FYI - That's what's going on today again, and the news story began;

When the retired sea captain's sister-in-law came to join his household, a Cape Cod story goes, the old salt demanded $10 a week from the lady for room and board. Her sister, the captain's wife, agreed to the arrangement, provided he gave the $10 to her. Without telling her husband, she returned the money to her relative, thereby assuring the financial satisfaction of all parties... 

Read the story below:

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