Vintage Pulp | Sportswire Mar 6 2010
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. 

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History Rewind
The headlines that mattered yesteryear.
December 22
1972—Plane Crash Victims Found in Andes
The Chilean Air force locates fourteen survivors from a plane that had crashed in the Argentine Andes two months earlier. Four days after the rescue, a Santiago, Chile newspaper alleges that the survivors became cannibals to ward off starvation. The surviving group confirms that they ate human flesh at a press conference two days later.
December 21
1958—de Gaulle Elected President of France
World War II hero General Charles de Gaulle is elected President of France by an overwhelming majority. During his time he leads France to develop nuclear weapons, ends the French presence in Algeria, and survives several assassination attempts. He eventually retires to Colombey-les-Deux-Eglises, in north-east France, and dies from a heart attack on 9 November 1970.
December 20
1989—U.S. Invades Panama
The United States invades Panama with the goal of overthrowing the dictatorship of Manuel Noriega. Noriega had been a CIA agent for many years, and because of this special status, U.S. drug authorities had turned a blind eye toward his activities, which included helping to create a crack cocaine epidemic in American inner cities. In 1988, Senator John Kerry's Subcommittee on Terrorism, Narcotics and International Operations concluded that the Noriega saga represented one of the most serious foreign policy failures in U.S. history.

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