Congress memorializes George Washington, Babe Ruth's contract is sold to the Yankees, Kwanzaa is celebrated for the first time, and a killer tsunami rolls across the Indian Ocean, all on this day.
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NBC Television
1986: The first long-running American television soap opera, "Search for Tomorrow," airs its final episode after 35 years on the air. At the time of its final broadcast, it was the longest-running non-news program on television.