16 May 1929 May 15, 2014 Author: Staff The first Academy Awards are handed out. Famous Words of Inspiration..."A great many of those who 'debunk' traditional...values have in the background values of their own which they believe to be immune from the debunking process." C.S. Lewis — Click here for more from C.S. Lewis Related posts: 16 August 1929 17 January 1929 11 August 1929 Categories: History Tags: 16 May, 1929