On July 27, 1694, the Bank of England received a royal charter, beginning a long history of central banking in England. Subsequent inflationary booms and deflationary busts are subsequently considered “mysterious” by people connected with the bank.
John Steinbeck’s Travels with Charley in Search of America, was published on July 27, 1962, quickly becoming a bestseller. Recent investigation by Bill Steigerwald, in Reason magazine, showed that Steinbeck’s editors heavily edited the pro-New Deal ms. prior to publication, utterly changing its character.
On this day in 1974, the U.S. House of Representatives Judiciary Committee voted 27 to 11 to recommend the first article of impeachment (for obstruction of justice) against President Richard Nixon.
July 27 births include that of Samuel Smith (1872; pictured), an American who served as a captain, major, and lieutenant colonel in the Continental Army, and later as a politician in several capacities in the state of Maryland; Hillaire Belloc (1870), author of a classic analysis of modern political governance, The Servile State; and American singer and songwriter Bobbie Gentry (1944).