Capitalism Doesn’t Work – Again
January 27, 2008 8:06 am > MAUI TODAY, > Maui Yesterdays Capitalism Doesn’t Work – Again![]() |
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HAWAIIAN WORD OF THE DAY — Kokoleka: Chocolate
January 27th, 1942: The military governor of the territory of Hawaii issues a strong warning to merchants on Oahu, Maui and the Big Island — stop price gouging. Just seven weeks after the attack on Pearl Harbor, the shipping lanes were struggling to maintain a sense of normalcy while dealing with new rules and regulations surrounding the importation of goods, as well as the commondeering of ships for war purposes. As a result, the flow of goods to Maui and the rest of Hawaii slowed, forcing pressure on prices to rise.
The governor was having none of it, and issued a price list for potatoes, onions, rice, bananas, fish and cheese, thus making Hawaii the first part of the United States to impose a rationing and pricing system during World War II.
HISTORICAL EVENTS ON THIS DAY — January 27th
- 1302: Dante becomes a Florentine political exile
- 1662: The first American lime kiln begins operation, Providence, RI
- 1880: Thomas Edison granted patent for an electric incandescent lamp
- 1888: the National Geographic Society is officially incorporated
- 1915: U.S. Marines occupy Haiti
- 1964: Margaret Chase Smith (Sen-R-Maine) tries for Republican President bid
- 1967: Launchpad fire aboard Apollo 1, kills astronauts Grissom, White & Chaffee
- 1973: The U.S. military draft officially ends
- 1973: U.S. & Vietnam sign peace agreement ending the longest U.S. war
BORN ON THIS DAY — January 27th
- 1756: Wolfgang Amadeus Mozart, composer
- 1832: Lewis Carroll author
- 1850: Samuel Gompers, first president of the American Federation of Labor
- 1885: Jerome Kern, Broadway composer
- 1900: Hyman G Rickover, U.S. Admiral
- 1900: James Cromwell, actor
- 1918: Elmore James, musician
- 1921: Donna Reed, actress
- 1930: Bobby “Blue” Bland, blues singer
- 1936: Troy Donahue, actor
- 1944: 64 Nick Mason, rock musician (Pink Floyd)
- 1948: Mikhail Baryshnikov, ballet dancer
- 1951: Brian Downey, rock drummer
- 1955: John G. Roberts, Chief Justice US Supreme Court
- 1961: Martin Degville, rock musician
- 1961: Rudi Mauger, rock musician (Crew Cuts)
- 1964: Bridgitt Fonda, actress
- 1972: Josh Randall, actor (“Ed”)
- 1976: Kevin Denney, country singer

