On this date in...

1784...John Jacob Astor arrives in New York to conquer the fur industry, then goes on to build a real estate empire that makes him the richest man in America.

1950...City College, already the NIT champion, beats Bradley University to capture the NCAA title at Madison Square Garden – making it the first and only team to win college basketball's "Grand Slam." But the accomplishment is later tarnished when several City players plead guilty to a point-shaving scandal.