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...York Yankees will take a victory lap through lower Manhattan on the morning of Nov. 6. It will be their record-setting ninth trip down the so-called Canyon of Heroes, the skyscraper-lined stretch from the island's southern tip to City Hall. And if past ticker-tape parades for sports champions are any guide, they can expect to be showered with up to 50 tons of confetti and shredded paper...

Author: /time Magazine | Title: Ticker-Tape Parades | 11/6/2009 | See Source »

...stock ticker - a machine that tracked financial data over telegraph lines and stamped it on strips called ticker tape for the sound the printing made - had barely been around two decades before Wall Streeters realized that throwing its ribbony paper out the window was a fun way to celebrate. They first did it on Oct. 29, 1886, inspired by the ceremony to dedicate the Statue of Liberty. The practice was still a novelty 10 years later, when the New York Times reported that office workers had "hit on a new and effective scheme of adding to the decorations...

Author: /time Magazine | Title: Ticker-Tape Parades | 11/6/2009 | See Source »

...million people turned out to make Admiral George Dewey, hero of the battle of Manila Bay, the first individual honored with a ticker-tape parade. Former President Teddy Roosevelt got one in 1910 upon returning from his African safari. But it wasn't until 1919, when Grover Whalen was made New York City's official greeter, that ticker-tape parades took off: from 1919 to 1953 he reportedly threw 86 of them, many at the urging of the State Department. The luminaries he feted in his early years included Albert Einstein in 1921 - the only scientist ever honored with...

Author: /time Magazine | Title: Ticker-Tape Parades | 11/6/2009 | See Source »

...those early years, curmudgeons did their best to rain on the parade. A 1904 letter to the editor urged the New York Times to speak out against the "evil" practice, suggesting that parade horses spooked by falling ticker tape might plow into the crowd on the sidewalk and cause "disaster." (A few years later, an overzealous reveler reportedly neglected to tear the pages out of a phone book and instead threw the whole thing out the window; it struck a passerby and knocked him unconscious.) By 1926, New York Stock Exchange officials had grown concerned about the cost of tossing...

Author: /time Magazine | Title: Ticker-Tape Parades | 11/6/2009 | See Source »

...advocacy with Eleanor Roosevelt (a jolly Cherry Jones). Gore Vidal, a child at the time, confirmed to Butler much of the relationship, sharing details like Earhart's habit of wearing Gene's underwear while aloft (helpful with that midair funnel). With tidbits like this, who needs flashbacks to ticker-tape parades? But both romances are bloodless. Even when Earhart breaks up with Vidal (which she may not have done in real life), it's about as heated as a tussle over the last cucumber sandwich. The movie insists that Earhart make peace with her marriage before going...

Author: /time Magazine | Title: Hollywood's Amelia Earhart: Lost at Sea | 11/2/2009 | See Source »

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