Panic From A Distance: Remembering the Market’s “Flash Crash” of 1962

Occasional dramatic dips and rises are, in a sense, what markets are all about. Recalling previous market catastrophes—no matter how short- or long-lived they might have been—is one small way to keep a bit of sanity when the next one occurs. 

It is little remembered today, but the “flash crash” in late May of 1962 surely felt like the end of the world for anyone who was vested in the market when it began that sudden and precipitous slide. And yet . . . the world didn’t end. The market recovered.

LIFE reported on the 1962 “flash crash” thus:

The signs, like the rumblings of an Alpine ice pack at the time of thaw, had been heard. The glacial heights of the stock boom suddenly began to melt in a thaw of sell-off. More and more stocks went up for sale, with fewer and fewer takers at the asking price. Then suddenly, around lunchtime on Monday, May 28, the sell-off swelled to an avalanche. In one frenzied day in brokerage houses and stock exchanges across the U.S., stock values glamor and blue-chip alike took their sharpest drop since 1929.

Memory of the great crash, and the depression that followed, has haunted America’s subconscious. Now, after all these years, was that nightmare to happen again?

In short: no. It wasn’t. The fear of that scenario was, understandably, very real; but the sort of panic that juiced the 1929 crash adding a horrific edge to what was already a calamitous melt-down did not materialize in 1962. In fact, while the Dow Jones Industrial Average fell almost 6 percent on that one vertiginous Monday and the market was anemic for a year afterwards, the markets as a whole, at home and abroad, did bounce back.

So . . . whatever happens with the inconceivably complex and harrowing economic issues that might (or might not) wreak havoc in the coming months or years, a few things are certain: somebody’s going to make money; somebody or rather, many, many somebodies are going to lose money; and a few years down the road, we’ll once again be floating blissfully along atop another bubble, half-waiting for it to burst and half-believing that it never, ever will.

Liz Ronk edited this gallery for LIFE.com. Follow her on Twitter at @LizabethRonk.

Caption from June 8, 1962, issue of LIFE. "What went wrong in the wild stock market and what it means for the U.S."

Cover image from the June 8, 1962 issue of LIFE, which ran with the headline: “What went wrong in the wild stock market and what it means for the U.S.”

John Dominis Time & Life Pictures/Shutterstock

Not originally published in LIFE. The NYSE during the 1962 "flash crash."

The New York Stock Exchange during the 1962 “flash crash.”

Yale Joel Time & Life Pictures/Shutterstock

Not originally published in LIFE. Tense scene at a brokerage office during the 1962 stock market "flash crash."

Tense scene at a brokerage office during the 1962 stock market “flash crash.”

John Dominis Time & Life Pictures/Shutterstock

Caption to very similar picture in June 8, 1962, issue of LIFE. "Floor of New York Stock Exchange boils with frenzy of an overheated pot at closing time Tuesday, trying to catch up with transactions which hit nearly 15 million shares for day, highest total since 1929."

Original caption: “Floor of New York Stock Exchange boils with frenzy of an overheated pot at closing time Tuesday, trying to catch up with transactions which hit nearly 15 million shares for day, highest total since 1929.”

Yale Joel Time & Life Pictures/Shutterstock

Not originally published in LIFE. Tense scene at a brokerage office during the 1962 stock market "flash crash."

Tense scene at a brokerage office during the 1962 stock market “flash crash.”

John Dominis Time & Life Pictures/Shutterstock

Not originally published in LIFE. The NYSE during the 1962 "flash crash."

The NYSE during the 1962 “flash crash.”

Yale Joel Time & Life Pictures/Shutterstock

Not originally published in LIFE. The NYSE during the 1962 "flash crash."

The NYSE during the 1962 “flash crash.”

Yale Joel Time & Life Pictures/Shutterstock

Not originally published in LIFE. The NYSE during the 1962 "flash crash."

The NYSE during the 1962 “flash crash.”

John Dominis Time & Life Pictures/Shutterstock

Not originally published in LIFE. The NYSE during the 1962 "flash crash."

The NYSE during the 1962 “flash crash.”

Yale Joel Time & Life Pictures/Shutterstock

Not originally published in LIFE. The NYSE during the 1962 "flash crash."

The NYSE during the 1962 “flash crash.”

Yale Joel Time & Life Pictures/Shutterstock

Not originally published in LIFE. The NYSE during the 1962 "flash crash."

The NYSE during the 1962 “flash crash.”

John Dominis Time & Life Pictures/Shutterstock

Not originally published in LIFE. The NYSE during the 1962 "flash crash."

The NYSE during the 1962 “flash crash.”

Yale Joel Time & Life Pictures/Shutterstock

Page spreads from June 8, 1962, issue of LIFE.

Page spreads from June 8, 1962, issue of LIFE.

Life Magazine

Page spreads from June 8, 1962, issue of LIFE.

Page spreads from June 8, 1962, issue of LIFE.

Life Magazine

Page spreads from June 8, 1962, issue of LIFE.

Page spreads from June 8, 1962, issue of LIFE.

Life Magazine

Page spreads from June 8, 1962, issue of LIFE.

Page spreads from June 8, 1962, issue of LIFE.

Life Magazine

Page spreads from June 8, 1962, issue of LIFE.

Page spreads from June 8, 1962, issue of LIFE.

Life Magazine

Page spreads from June 8, 1962, issue of LIFE.

Page spreads from June 8, 1962, issue of LIFE.

Life Magazine

‘I’m Gonna Live by the Gun and Roam’: Portrait of an American Spree Killer

William “Cockeyed” Cook, though little remembered today, was a sensation in his time. He killed six people, including an entire family of five, during a terrifying three-week spree across several American states in early January 1951.

Cook’s early life in his native Missouri was brutal. His mother died when he was 5 years old; his father abandoned him and his seven siblings in an old mine. He became a ward of the state before his 10th birthday; had a nasty temper (exacerbated by the teasing and bullying he endured due to a deformed eye); and eventually ended up in Missouri State Penitentiary.

When he was released from prison in 1950, the 21-year-old told his father, with whom he briefly reunited after more than a decade of estrangement, that his ambition was now to “live by the gun and roam.” He headed west from Missouri, drifting to California and then eastward again, down into Texas. There, in late December 1950, his crime and killing spree began. He kidnapped an auto mechanic who picked him up hitchhiking and forced the man into the trunk of the car. The man escaped shortly afterward. The family of an Illinois farmer named Carl Mosser, en route to New Mexico, wouldn’t be so lucky.

In Oklahoma, the Mosser— Carl, 33; Thelma, 29; Ronald, 7; Gary, 5; and Pamela Sue, 3—picked up Cook, who was once again hitchhiking. Cook pulled out the .32 caliber snub-nosed pistol he had bought in El Paso, and told Carl to drive. Over the next three days, Cook and the Mossers wove their way back toward Cook’s hometown of Joplin, Mo. On the third day, Cook shot them all—including the family dog—and dumped the bodies down a well not far from Joplin.

Again he headed west. Outside Blythe, Calif., where he had once worked, he took a deputy sheriff hostage. The sheriff’s life was spared, Cook later reportedly said, because the deputy’s wife, who had once briefly worked with Cook, “treated him like a human being and had been nicer than anyone had ever been to him in his life.”

Cook killed once more during his spree, shooting to death a salesman from Seattle named Robert Dewey and dumping his body in a ditch. Cook then kidnapped two hunters and forced them to drive him across the border into Mexico. There, in a town called Santa Rosalie, the local police chief, Luis Parra, improbably recognized Cook, plucked the .32 from his belt, and arrested him. A short time later, he was handed over to the FBI.

Cook was sentenced to 300 years in prison after being tried and convicted of the Mosser killings in Oklahoma, but was then tried, convicted and sentenced to death in California for the murder of Robert Dewey. On Dec. 12, 1952, at San Quentin, Cook was executed in the famous prison’s gas chamber. He was 23 years old.

Less than a year after he was put to death, a movie based on Cook’s spree and helmed by the actress-turned-powerhouse director Ida Lupino, The Hitch-Hiker, was released by Lupino’s independent production company, The Filmmakers. The movie is notable not only because it’s a better-than-average noir film, but because it’s one of the first films ever made in Hollywood that was quite clearly based on a killer whose crimes were still fresh in the minds of filmgoers.

Circulars on Cook were posted through the Southwest and Mexico. Robert Dewey’s murder spread panic. Citizens avoided lonely roads, and ‘recognized’ Cook from Albuquerque to Los Angeles, where for two days police averaged a phone tip every four minutes.

Allan Grant/Life Pictures/Shutterstock

A crowd in Tijuana, Mexico, watched as spree killer William Cook was sent back to the United States after capture, January 1951.

Allan Grant/Life Pictures/Shutterstock

In Tijuana, Mexico, spree killer William Cook was sent back to the United States after capture, January 1951.

Allan Grant/Life Pictures/Shutterstock

A pleased throng watched Cook’s ‘extradition’ at Tijuana. Since the U.S. had no extradition treaty with Mexico, he simply was pushed over the border as an undesirable alien—and into U.S. hands.

Allan Grant/Life Pictures/Shutterstock

Tijuana police chief, F. Kraus Morales, January 1951.

Allan Grant/Life Pictures/Shutterstock

Spree killer William Cook, before he was sent back to the United States from Mexico after his capture, January 1951.

Allan Grant/Life Pictures/Shutterstock

At bay in Mexico, Cook blinked his good eye against photographers’ flashes.

Allan Grant/Life Pictures/Shutterstock

Spree killer William Cook was sent back to the United States from Mexico after his capture, January 1951.

Allan Grant/Life Pictures/Shutterstock

Spree killer William Cook was sent back to the United States after his capture, January 1951.

Allan Grant/Life Pictures/Shutterstock

Spree killer William Cook, January 1951.

Allan Grant/Life Pictures/Shutterstock

Cook held campers Forrest Damron (right) and James Burke as prisoners for eight days.

Allan Grant/Life Pictures/Shutterstock

Cook’s arsenal was captured with him when Morales, after inspecting towns from the air, landed at Santa Rosalia, saw him in his car, and arrested him.

Allan Grant/Life Pictures/Shutterstock

Spree killer William Cook’s small arsenal of weapons, January 1951.

Allan Grant/Life Pictures/Shutterstock

Spree killer William “Cockeyed” Cook, 1951.

Allan Grant/Life Pictures/Shutterstock

When Flying Was Fun: LIFE Goes to Stewardess School, 1958

When LIFE ran a cover story in August 1958 on women that the magazine dubbed “Glamor Girls of the Air,” a career as an “air hostess” was still a relatively new pursuit. The way that LIFE described that pursuit, meanwhile, verged on the (almost laughably) patronizing:

The rather odd education that the girls [featured in this article] are getting is preparing them for one of the most coveted careers open to young American women today. They all want to be airline stewardesses. . . . The job they want does not pay extraordinarily well, only $255 to $355 a month. The life is irregular and opportunities for promotion are small. But the chance to fly, to see the world, and meet all sorts of interesting people mostly the kind of men who can afford to travel by plane gives the job real glamor. And the dawning age of jet transport, in which the stewardesses and their planes will go a lot farther and faster, gives it new excitement.

U.S. airlines employ 8,200 stewardesses. The positions are so eagerly sought that only three to five of every hundred girls who apply to major airlines are taken. To qualify, a girl should be between 21 and 26 years old, unmarried, reasonably pretty and slender, especially around the hips, which will be at eye level for the passengers. She should have been to high school, be poised and tactful, have a good disposition and a pleasant speaking voice.

You get the picture. But above and beyond the mid-century blather about slender hips and rich husbands-to-be, the article in LIFE offered a surprisingly nuanced picture of a stewardess-in-training’s day-to-day existence. From emergency drills and comportment exercises to the sisterly camaraderie forged during a month and a half spent working and playing together in this case, at a stewardess school near Dallas, Texas it’s clear that learning to be a “hostess with the mostest,” as LIFE put it, was no walk in the park.

 

Liz Ronk edited this gallery for LIFE.com. Follow her on Twitter @lizabethronk.

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Emergency exit from plane is practiced by Louise Becker who leaps down canvas slide at Fort Worth's airport. Slide is dusted with chalk to make it slippery. Louise made perfect seat-first landing.

An emergency exit from the plane was practiced by Louise Becker, who leapt down the canvas slide at Fort Worth’s airport. The slide was dusted with chalk to make it slippery. Louise made a perfect seat-first landing.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess School, 1958

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Farewell for newly graduated stewardesses, Ft. Worth, Texas, 1958.

A farewell for newly graduated stewardesses, Ft. Worth, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Stewardess school, Texas, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Recent stewardess-school graduates, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Recent stewardess-school graduates, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Stewardess school, Texas, 1958.

Recent stewardess-school graduates, 1958.

Peter Stackpole/Life Pictures/Shutterstock

Sour Power: Here’s to a Little Boy Who Loved to Eat Lemons

As any parent knows, the only certainty about children is that they’ll constantly surprise you. For instance: a child given the choice between, say, a sweet treat and a notoriously sour, wince-inducing fruit will always, always choose the sweet treat. Right? It stands to reason. After all, what kid doesn’t love candy or chocolate or (better yet) ice cream?

What kid, indeed! Meet young Michael Thomas Roesle. As LIFE told its readers in a Feb. 1948 Miscellany feature in the magazine:

One day when he was 9 months old Michael Thomas Roesle was squirming on his mother’s lap while she tried to serve tea to a neighbor. Inevitably Michael Thomas got his hands on a slice of lemon and popped it into his mouth. A gargantuan pucker swept across his face, wrinkling it like an old prune. But Michael Thomas manfully continued to chew. Then he reached eagerly for another slice. Now his parents, who live in Richmond, Calif., have to keep a bag of lemons handy all the time . . . and Michael Thomas eats them by the dozen. In fact, he picks them over chocolate ice-cream cones 10 times out of 10.

So — here’s to Michael Thomas, and the countless other kids everywhere who manage, simply by being themselves, to confound all expectations and make life so perfectly, marvelously unpredictable.

Eleven-month-old Michael Thomas Roesle crawls toward his choice of two treats -- an ice cream cone or a lemon.

00524642.JPG

Francis Miller The LIFE Picture Collection/Shutterstock

Eleven-month-old Michael Thomas Roesle crawls toward his choice of two treats -- an ice cream cone or a lemon.

00524638.JPG

Francis Miller The LIFE Picture Collection/Shutterstock

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00524640.JPG

Francis Miller The LIFE Picture Collection/Shutterstock

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00524639.JPG

Francis Miller The LIFE Picture Collection/Shutterstock

The Biggest Quake in North America: Alaska, 1964

When the Great Alaska Earthquake convulsed the south-central region of that vast state on March 27, 1964, the energy released by the upheaval— the largest quake in recorded North American history—was, LIFE magazine reported, “400 times the total [energy] of all nuclear bombs ever exploded” until that time. The event unleashed a colossal 200,000 megatons of energy, destroying buildings and infrastructure in Anchorage and far beyond; raising the land as much as 30 feet in some places; and sparking a major underwater landslide in Prince William Sound, which killed scores of people when the resulting waves slammed into Port Valdez.

When all was said and done, the 9.2-magnitude quake—which struck around 5:30 in the evening on Good Friday—and its many powerful aftershocks caused hundreds of millions of dollars in damage; killed more than 130 people (including more than a dozen tsunami-related deaths in Oregon and California) and; in ways literal and figurative, forever altered the Alaskan landscape in places such as Anchorage, Seward and Valdez.

Here, LIFE.com presents photos—many of them never published in LIFE—from the cataclysm’s aftermath.

Liz Ronk edited this gallery for LIFE.com. Follow her on Twitter at @LizabethRonk.

Anchorage, Alaska, in the aftermath of the 1964 Good Friday Earthquake.

Anchorage, Alaska, in the aftermath of the 1964 Good Friday Earthquake.

Bill Ray The LIFE Picture Collection/Shutterstock

The earthquake split the Turnagain section of Anchorage with a criss-cross of deep fissures in the ground, heaving the smashed homes up at crazy angles.

The earthquake split the Turnagain section of Anchorage with a criss-cross of deep fissures in the ground, heaving the smashed homes up at crazy angles.

Bill Ray The LIFE Picture Collection/Shutterstock

Aftermath of the 1964 Good Friday Earthquake, Alaska.

Aftermath of the 1964 Good Friday Earthquake, Alaska.

Stan Wayman The LIFE Picture Collection/Shutterstock

Aftermath of the 1964 Good Friday Earthquake, Alaska.

Aftermath of the 1964 Good Friday Earthquake, Alaska.

Bill Ray The LIFE Picture Collection/Shutterstock

Aftermath of the 1964 Good Friday Earthquake, Alaska.

Aftermath of the 1964 Good Friday Earthquake, Alaska.

Stan Wayman The LIFE Picture Collection/Shutterstock

Alaskans pray after the 1964 Good Friday Earthquake.

Alaskans prayed after the 1964 Good Friday Earthquake.

Bill Ray The LIFE Picture Collection/Shutterstock

Ben Henry, 10, sits on bowling-game table in Anchorage American Legion Hall as his sister Genevieve sleeps by pins. Everything in their house was destroyed.

Ben Henry, 10, sat on bowling-game table in the Anchorage American Legion Hall as his sister Genevieve slept by the pins. Everything in their house was destroyed.

Bill Ray The LIFE Picture Collection/Shutterstock

People receiving medical treatment after the March 1964 Good Friday Earthquake, Alaska.

People received medical treatment after the March 1964 Good Friday Earthquake, Alaska.

Bill Ray The LIFE Picture Collection/Shutterstock

v

Alaska earthquake, 1964.

Bill Ray The LIFE Picture Collection/Shutterstock

After the March 1964 Good Friday Earthquake, Alaska.

After the March 1964 Good Friday earthquake, Alaska.

Bill Ray The LIFE Picture Collection/Shutterstock

Unloading relief supplies after the March 1964 Good Friday Earthquake, Alaska.

Relief supplies were unloaded after the March 1964 Good Friday Earthquake, Alaska.

Bill Ray The LIFE Picture Collection/Shutterstock

After the March 1964 Good Friday Earthquake, Alaska.

After the March 1964 Good Friday earthquake, Alaska.

Stan Wayman The LIFE Picture Collection/Shutterstock

After the March 1964 Good Friday Earthquake, Alaska.

After the March 1964 Good Friday earthquake, Alaska.

Bill Ray The LIFE Picture Collection/Shutterstock

After the March 1964 Good Friday Earthquake, Alaska.

After the March 1964 Good Friday earthquake, Alaska.

Stan Wayman The LIFE Picture Collection/Shutterstock

After the March 1964 Good Friday Earthquake, Alaska.

After the March 1964 Good Friday earthquake, Alaska.

Stan Wayman The LIFE Picture Collection/Shutterstock

After the March 1964 Good Friday Earthquake, Alaska.

After the March 1964 Good Friday earthquake, Alaska.

Bill Ray The LIFE Picture Collection/Shutterstock

After the March 1964 Good Friday Earthquake, Alaska.

After the March 1964 Good Friday earthquake, Alaska.

Bill Ray The LIFE Picture Collection/Shutterstock

After the March 1964 Good Friday Earthquake, Alaska.

After the March 1964 Good Friday earthquake, Alaska.

Stan Wayman The LIFE Picture Collection/Shutterstock

In downtown Anchorage, the buildings and the pavement dropped 20 feet, dividing Fourth Avenue into two levels and leaving a weird jumble of signs.

In downtown Anchorage, the buildings and the pavement dropped 20 feet, dividing Fourth Avenue into two levels and leaving a weird jumble of signs.

Stan Wayman The LIFE Picture Collection/Shutterstock

LIFE Magazine April 10, 1964

Cover of LIFE Magazine April 10, 1964

LIFE Magazine

Reading The Comics: A True American Pastime

From the cartoons such as Peanuts and Calvin and Hobbes that have long livened up the daily newspaper to the graphic novels of more recent vintage such as  Watchmen and Maus, comics have proven to be a wonderfully expansive form of American art. Comics can provide readers with a quick laugh or a deep journey, and they can enchant young and old alike. 

In tribute, LIFE.com offers vintage photos of men, women and children disappearing into the comics. From the young girl waiting outside the Anchorage supermarket to the soldiers on a break in Korea, having a comic in your hand meant that your imagination had a place to go.

Also included in the gallery are images of hearings in 1954 held by the U.S. Senate over whether a certain stripe of violent comics were contributing to juvenile delinquency. The hearings led to the comics industry adopting its own ratings system. Another photo in this gallery shows  Henry A. Wallace, who served as Vice President under Franklin Roosevelt from 1941 to 1945, examining the funny pages while dressed in a suit, a reminder of how comics have enjoyed a truly broad appeal.

A sailor read a comic book aboard the USS Doran in 1942.

Thomas McAvoy/Life Pictures/Shutterstock

A mother reads her children the comics while traveling on the "El Capitan" train between Chicago and Los Angeles, 1945.

A mother read her children the comics while traveling on the “El Capitan” train between Chicago and Los Angeles, 1945.

Sam Sher/Life Pictures/Shutterstock

A young boy read a comic strip while his leash-tethered dog waited forlornly for their walk to continue, 1944.

Nina Leen/Life Pictures/Shutterstock

Former Vice President and Secretary of Commerce Henry A. Wallace read the comics, 1946.

Walter B. Lane/Life Pictures/Shutterstock

A Turkish soldier looks at an American comic book with a Korean girl during the Korean War, 1951.

A Turkish soldier looked at an American comic book with a Korean girl during the Korean War, 1951.

Carl Mydans/Life Pictures/Shutterstock

A boy escaped from his haircut, Garden City, New York, 1942.

Alfred Eisenstaedt/Life Pictures/Shutterstock

Religious comic books, 1943.

Religious comic books, 1943.

Walter Sanders/Life Pictures/Shutterstock

Private Ernest Dandou reads a comic book at paratrooper camp, Georgia, 1944.

Private Ernest Dandou read a comic book at paratrooper camp, Georgia, 1944.

Frank Schersche/Life Pictures/Shutterstock

A young girl reads a comic book at an Anchorage, Alaska, supermarket in 1958.

A young girl read a comic book at an Anchorage, Alaska, supermarket in 1958.

Dmitri Kessel/Life Pictures/Shutterstock

Actress Buff Cobb (one-time wife of journalist Mike Wallace) reads comic books at home in 1946.

Actress Buff Cobb (one-time wife of journalist Mike Wallace) read comic books at home in 1946.

Martha Holmes/Life Pictures/Shutterstock

Two Dutch children read comic books in 1953, Netherlands.

Two Dutch children read comic books, Netherlands, 1953.

Nat Farbman/Life Pictures/Shutterstock

Comic book artist Bob Kane, who created Batman, poses with his iconic illustrations, 1966.

Comic book artist Bob Kane, who created Batman, posed with his iconic illustrations, 1966.

Yale Joel/Life Pictures/Shutterstock

The 1954 Senate Subcommittee Hearings into Juvenile Delinquency focused on the “dangers” posed by comic books.

Yale Joel/ Life Pictures/Shutterstock

The 1954 Senate Subcommittee Hearings into Juvenile Delinquency focused on the “dangers” posed by comic books.

Yale Joel/Life Pictures/Shutterstock

Boys shopped for comic books, Des Moines, Iowa, 1945.

Nina Leen/Life Pictures/Shutterstock

Cartoonist Chester Gould sitting on wall beside cemetery where he "buried" vanquished villains from his "Dick Tracy" comic strip, 1949.

Cartoonist Chester Gould sat on a wall beside a cemetery where he “buried” vanquished villains from his “Dick Tracy” comic strip, 1949.

Francis Miller/Life Pictures/Shutterstock

Small boys read comic books during a speech by Dwight Eisenhower in Montana, 1952.

These boys read comic books during a speech by Dwight Eisenhower in Montana, 1952.

Ralph Morse/Life Pictures/Shutterstock

A Turkish boy (center) rents out comic books to local children to support his family in the Philippines in 1945.

A Turkish boy (center) rented out comic books to local children to support his family in the Philippines in 1945.

Carl Mydans/Life Pictures/Shutterstock

American troops read comic books during the Korean War, 1951.

American troops read comic books during the Korean War, 1951.

John Dominis/Life Pictures/Shutterstock

Lieutenant Frank Hensley read a comic book after loading cargo on plane, 1950.

Joseph Scherschel/Life Pictures/Shutterstock

A father readsthe Sunday comics to his daughter, 1946.

Nina Leen/Life Pictures/Shutterstock

Reading a comic book while traveling on a Pullman car, 1945.

Sam Shere/Life Pictures/Shutterstock

Reading the comics, Detroit, 1943.

Walter Sanders/Life Pictures/Shutterstock

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