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On this day: January 2

POSTED: 06:45 PM PST Jan 01, 2013    UPDATED: 11:00 PM PST Jan 01, 2014 

The Lindbergh baby kidnapping trial begins, the Jets give Namath a record contract, Nixon lowers the nation's maximum speed limit to 55, and oil tops $100 a barrel for the first time, all on this day.

OTD January 2 - speed limit
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iStock/nrighton

1974: President Richard Nixon signs a bill lowering the maximum U.S. speed limit to 55 miles per hour in order to conserve gasoline during an OPEC embargo.

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