On this day: September 18

Published On: Sep 17 2012 07:16:13 PM EDT   Updated On: Sep 18 2014 02:00:00 AM EDT

America takes out its first loan, The New York Times and the United States Air Force are born, guitar legend Jimi Hendrix dies, and "The Guiding Light" ends after 72 years, all on this day.

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U.S. Air Force

1947: The National Security Act of 1947 takes effect, making the United States Air Force an independent branch of the armed forces (previously it had been part of the U.S. Army) and formally establishing the National Security Council and the Central Intelligence Agency.

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