Origins
The term originated in New York City after a spontaneous celebration held on October 28, 1886 during the dedication of the Statue of Liberty, and is still most closely associated with New York City. The term ticker tape originally referred to the use of the paper output of ticker tape machines, which were remotely-driven devices used in brokerages to provide updated stock market quotes. Nowadays, the paper products are largely waste office paper that have been cut using conventional paper shredders. The city also distributes paper confetti.
In New York City, ticker tape parades are reserved for special occasions. Soon after the first such parade in 1886, city officials realized the utility of such events and began to hold them on triumphal occasions, such as the return of Theodore Roosevelt from his African safari, Gertrude Ederle swimming the English Channel, and Charles Lindbergh's trans-Atlantic flight. The first individual to be honored with a ticker tape parade was Admiral George Dewey, hero of the battle of Manila Bay, in 1899 when two million people came out to New York City. Following World War II, several ticker tape parades were given in honor of victorious generals and admirals, including General Dwight D. Eisenhower and Admiral Chester Nimitz. The largest was given for World War II and Korean War General Douglas MacArthur in 1951, after he was summarily relieved of duty by President Harry S. Truman.
Through the 1950s, ticker tape parades were commonly given to any visiting head of state, such as Habib Bourguiba representing the fight over colonialism. In the 1960s, following the assassination of John F. Kennedy, they became increasingly rare.
They are generally reserved now for space exploration triumphs, military honors and sports championships. The section of lower Broadway through the Financial District that serves as the parade route for these events is colloquially called the "Canyon of Heroes". Lower Broadway in New York City has plaques in the sidewalk at regular intervals to celebrate each of the city's ticker tape parades.
Read more about this topic: Ticker Tape Parade
Famous quotes containing the word origins:
“Compare the history of the novel to that of rock ‘n’ roll. Both started out a minority taste, became a mass taste, and then splintered into several subgenres. Both have been the typical cultural expressions of classes and epochs. Both started out aggressively fighting for their share of attention, novels attacking the drama, the tract, and the poem, rock attacking jazz and pop and rolling over classical music.”
—W. T. Lhamon, U.S. educator, critic. “Material Differences,” Deliberate Speed: The Origins of a Cultural Style in the American 1950s, Smithsonian (1990)
“Grown onto every inch of plate, except
Where the hinges let it move, were living things,
Barnacles, mussels, water weeds—and one
Blue bit of polished glass, glued there by time:
The origins of art.”
—Howard Moss (b. 1922)
“The settlement of America had its origins in the unsettlement of Europe. America came into existence when the European was already so distant from the ancient ideas and ways of his birthplace that the whole span of the Atlantic did not widen the gulf.”
—Lewis Mumford (1895–1990)