Sportswire Dec 29 2016
SAY IT AIN'T SO JOE
A legendary boxer faces the winter of his discontent.

The National Police Gazette asks on a cover from this month in 1950 “What Will Happen to Joe Louis?” It's a poignant question. Louis had earned more than $4 million during his boxing career (about $40 million in 2016 money), but thanks to predatory managers and slimy handlers had received only about $800,000 of it. However, his gross earnings left him with a huge tax bill, forcing him to fight past his prime in an attempt to pay off the debt. In September 1950 he met Ezzard Charles and was thrashed. For his pain he earned just over $100,000—not nearly enough to pay off the government. Left with no choice, he decided to shoot for another big payday. First he notched several wins again club level fighters, then booked a bout against another top boxer. That boxer was twenty-seven year old Rocky Marciano, and the meeting ended with Louis being knocked clean out of the ring. So, getting back to the Gazette's question: "What will happen to Joe Louis?" What happened is he retired and became an exhibition fighter, still carrying that heavy debt, and he never paid it off.

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History Rewind
The headlines that mattered yesteryear.
January 23
1912—International Opium Convention Signed
The International Opium Convention is signed at The Hague, Netherlands, and is the first international drug control treaty. The agreement was signed by Germany, the U.S., China, France, the UK, Italy, Japan, Netherlands, Persia, Portugal, Russia, and Siam.
January 22
1946—CIA Forerunner Created
U.S. president Harry S. Truman establishes the Central Intelligence Group or CIG, an interim authority that lasts until the Central Intelligence Agency is established in September of 1947.
1957—George Metesky Is Arrested
The New York City "Mad Bomber," a man named George P. Metesky, is arrested in Waterbury, Connecticut and charged with planting more than 30 bombs. Metesky was angry about events surrounding a workplace injury suffered years earlier. Of the thirty-three known bombs he planted, twenty-two exploded, injuring fifteen people. He was apprehended based on an early use of offender profiling and because of clues given in letters he wrote to a newspaper. At trial he was found legally insane and committed to a state mental hospital.
January 21
1950—Alger Hiss Is Convicted of Perjury
American lawyer Alger Hiss is convicted of perjury in connection with an investigation by the House unAmerican Activities Committee (HUAC), at which he was questioned about being a Soviet spy. Hiss served forty-four months in prison. Hiss maintained his innocence and fought his perjury conviction until his death in 1996 at age 92.
1977—Carter Pardons War Fugitives
U.S. President Jimmy Carter pardons nearly all of the country's Vietnam War draft evaders, many of whom had emigrated to Canada. He had made the pardon pledge during his election campaign, and he fulfilled his promise the day after he took office.
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