On October 10, 1973 Vice President Spiro T. Agnew resigned from his office as VP.
He pleaded no contest to one count of income tax evasion, having been accused of failing to report $29,500 of income received while he was governor of Maryland.
Agnew also faced federal indictments for bribery and conspiracy charges, which he also pleaded no contest to and avoided imprisonment.
Two days later President Nixon nominated Gerald Ford as his new Vice President.
Also on on this day in 1901, Henry Ford drove one of his automobiles for the first and last time in an automobile race.
Ford constructed the car over the summer for the ten-lap race at the Grosse Point race track in Michigan.
Ford's only competitor's car broke down and Ford won the race.
Afterward he said "once is enough" and never raced again, although he did continue to build cars for motor racing.