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January 1950

The Diners Club card was introduced, marking the birth of the modern credit card. George Orwell passed away.

crime
The Great Brink's Robbery

11 men steal $2.7 million in Boston.
politics
Introduction of the Diners Club Card

The birth of the modern credit card.
Proclamation of the Republic of India

India becomes a sovereign republic.
Republic of India Established

India formally adopts its constitution.
technology
First Commercial Credit Card

The Diners Club card is introduced.
Notable Passings: George Orwell, Edgar Rice Burroughs