On This Day March 18
1852 – Henry Wells and William G. Fargo sign papers at the Astor House hotel in New York to establish a new banking and express enterprise serving customers across the nation. Their company, Wells Fargo, is currently one of the world’s largest banks.
1937 – With just minutes left to the school day, a thunderous natural gas explosion levels the combined junior-senior high school in the small East Texas town of New London, killing 294 students and teachers. It is considered the worst school disaster in U.S. history.
1965 – In another chapter of the Space Race between the United States and Soviet Union, Soviet cosmonaut Aleksei Leonov becomes the first person to walk in space when he leaves his spacecraft, Voskhod 2, for 12 minutes and nine seconds. He beats American astronaut Ed White on Gemini 4 by almost three months.