On this day: December 31

Published: Dec 29 2012 05:25:41 AM EST   Updated On: Dec 31 2013 02:00:00 AM EST
ship going through Panama Canal

Times Square holds its first New Year's Eve celebration, the board game Monopoly is patented, "Calvin and Hobbes" say goodbye, and the U.S. relinquishes control of the Panama Canal, all on this day.