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.
July 27
2003—Hope Dies
Film legend Bob Hope dies of pneumonia two months after celebrating his 100th birthday.
July 26
1945—Churchill Given the Sack
In spite of admiring Winston Churchill as a great wartime leader, Britons elect Clement Attlee the nation's new prime minister in a sweeping victory for the Labour Party over the Conservatives.
1952—Evita Peron Dies
Eva Duarte de Peron, aka Evita, wife of the president of the Argentine Republic, dies from cancer at age 33. Evita had brought the working classes into a position of political power never witnessed before, but was hated by the nation's powerful military class. She is lain to rest in Milan, Italy in a secret grave under a nun's name, but is eventually returned to Argentina for reburial beside her husband in 1974.
July 25
1943—Mussolini Calls It Quits
Italian dictator Benito Mussolini steps down as head of the armed forces and the government. It soon becomes clear that Il Duce did not relinquish power voluntarily, but was forced to resign after former Fascist colleagues turned against him. He is later installed by Germany as leader of the Italian Social Republic in the north of the country, but is killed by partisans in 1945.

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