JOLTIN’ JOE

Joe Louis was indomitable during his prime, but was forced to fight long after his youth was gone.

Above we have a National Police Gazette with a boxing cover, from sixty years ago this month, with the editors’ warning to the retired Joe Louis to stay out of the ring. But what the Gazette didn’t know was that the 36 year-old Louis was under investigation by the IRS, and he suspected the outcome wouldn’t be good. In May 1950 Louis was jolted when the authorities declared that he owed half a million dollars in back taxes.

With only one way to earn the cash, he cut a deal to box for prize money to put toward his debt. He fought and lost to Ezzard Charles in September, and the next year was knocked clean out of the ring by Rocky Marciano. But for all his efforts he was still in debt. The purses had been low because no one wanted to pay to see Louis—who was the first African-American considered a national hero by both blacks and whites—beaten to a pulp. After the Marciano debacle, the fight offers dried up. Louis retired again, and this one stuck.

We’re going to get back to Joe Louis at a later date, because his is one of the more interesting and inspiring stories you’ll run across. His financial troubles were not so much a failure of character as a failure to comprehend the corrupting force of money, and the need to hire not just a lawyer, a manager, and an accountant, but a lawyer to watch your lawyer, a manager to watch your manager, and especially an accountant to watch your accountant. We have some Gazette interior pages below, and you can see the other Gazette boxing covers here and here.

Police Gazette, Joe Louis, Ezzard Charles, Rocky Marciano, boxing, tabloid

ABOUT

EMAIL

LEGAL

SEARCH PULP INTERNATIONAL

PULP INTL.
HISTORY REWIND

The headlines that mattered yesteryear.

January 12

1960—Nevil Shute Dies

English novelist Nevil Shute, who wrote the books A Town Like Alice and The Pied Piper, dies in Melbourne, Australia at age sixty-one. Seven of his novels were adapted to film, but his most famous was the cautionary post-nuclear war classic On the Beach.

January 12

1967—First Cryonics Patient Frozen

Dr. James Bedford, a University of California psychology professor, becomes the first person to be cryonically preserved with intent of future resuscitation. Bedford had kidney cancer that had metastasized to his lungs and was untreatable. His body was maintained for years by his family before being moved to Alcor Life Extension Foundation in Arizona.

January 11

1957—Jack Gilbert Graham Is Executed

Jack Gilbert Graham is executed in Colorado, U.S.A., for killing 44 people by planting a dynamite bomb in a suitcase that was subsequently loaded aboard United Airlines Flight 629. The flight took off from Denver and exploded in mid-air. Graham was executed by means of poison gas in the Colorado State Penitentiary, in Cañon City.

January 10

1920—League of Nations Convenes

The League of Nations holds its first meeting, at which it ratifies the Treaty of Versailles, thereby officially ending World War I. At its greatest extent, from 28 September 1934 to 23 February 1935, the League had 58 members. Its final meeting was held in April 1946 in Geneva.

January 10

1957—Macmillan Becomes Prime Minister

Harold Macmillan accepts the Queen of England’s invitation to become Prime Minister following the sudden resignation of Sir Anthony Eden. Eden had resigned due to ill health in the wake of the Suez Crisis. Macmillan is remembered for helping negotiate the Nuclear Test Ban Treaty after the Cuban Missile Crisis. He served as PM until 1963.

January 9

1923—Autogyro Makes First Flight

Spanish civil engineer and pilot Juan de la Cierva’s autogyro, which was a precursor to the helicopter, makes its first successful flight. De la Cierva’s autogyro made him world famous, and he used his invention to support fascist general Francisco Franco when the Spanish Civil War broke out in July 1936. De la Cierva was dead by December of that same year, perishing, ironically, in a plane crash in Croydon, England.