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August 3, 1974 (Saturday) The 10-day Huntsville Prison siege ended with an escape attempt by drug baron Fred Gómez Carrasco and his two accomplices, during which two women hostages and one of Carrasco's cohorts were shot and killed and Carrasco committed suicide. Two other hostages were wounded. [16][17]
October 8 – Franklin National Bank collapses due to fraud and mismanagement (the largest bank failure at that time in the history of the United States). October 15 – President Gerald Ford signs a federal campaign reform bill, which sets new regulations in the wake of the Watergate scandal. October 17.
t. e. On August 8, 1974, U.S. President Richard Nixon delivered a nationally-televised speech to the American public from the Oval Office announcing his intention to resign the presidency the following day due to the Watergate scandal. Nixon's resignation was the culmination of what he referred to in his speech as the "long and difficult period ...
1974 was a common year starting on Tuesday of the Gregorian calendar, the 1974th year of the Common Era (CE) and Anno Domini (AD) designations, the 974th year of the 2nd millennium, the 74th year of the 20th century, and the 5th year of the 1970s decade.
0–9. 1974 Georgia gubernatorial election. 1974 Idaho gubernatorial election. 1974 Miami DEA building collapse.
The Watergate scandal was a major political controversy in the United States during the presidency of Richard Nixon from 1972 to 1974, ultimately resulting in Nixon's resignation. The name originated from attempts by the Nixon administration to conceal its involvement in the June 17, 1972 break-in at the Democratic National Committee ...
1974 Miami DEA building collapse. On August 5, 1974, at 10:24 a.m. EDT, [ 1] a Federal office building housing the US Drug Enforcement Administration (DEA) Miami Field Division office in downtown Miami, Florida, United States, collapsed after the roof caved in, causing the deaths of seven DEA employees and injuries to 15 others. [ 2]
1973–1974 stock market crash. The 1973–1974 stock market crash caused a bear market between January 1973 and December 1974. Affecting all the major stock markets in the world, particularly the United Kingdom, [1] it was one of the worst stock market downturns since the Great Depression, the other being the financial crisis of 2007–2008. [2]