Jesse and Frank James with other members of their gang, derail and hold up their first train on the Rock Island Line, between Adair and Council Bluffs, Iowa. The James gang halts a load of transcontinental passengers. During the derailment the engineer and a number of passengers are killed.
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1890-Conngress passes the Sherman Silver Purchase Act, which supplants the Bland-Alison act of 1878. The Sherman Act calls for government purchase of 4,500,000 ounces of silver each month. The steady decline in the price of silver bullion, coupled with the economic recession, has strengthened the political weight of silver and pro-inflation forces.
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1882-Ben Thompson and Jack Harris had been arguing for two years over a gambling debt. It finally came to head in the vaudeville saloon in San Antonio, Texas when Harris attempted to ambush Thompson with a shotgun. Thompson shot Harris through the chest and Harris died that night. Thompson surrendered his weapon and had to resign as Marshall in Austin.
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1882 – Prominent Coloradoans, notably Horace Tabor and William Loveland, builder of the Colorado Central Rail Road and owner of the Rocky Mountain News, organize the National Mining and Industrial Exposition in Denver. Its purpose is to advertise and promote the state of Colorado, its resources, and its potential for future growth.