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The Reserve Bank of Australia, the country's central bank and banknote issuing authority authorized by the 1959 Reserve Bank Act, is established.

A high-speed train derails in Spain rounding a curve with an 80 km/h (50 mph) speed limit at 190 km/h (120 mph), killing 78 passengers.

After exploring the island of Cuba for gold (which he had mistaken for Japan), Christopher Columbus lands on an island he names Hispaniola.

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