16 May 1929 May 16, 2016 Author: Staff The first Academy Awards are awarded. Famous Words of Inspiration..."An economist's guess is liable to be as good as anybody else's." Will Rogers — Click here for more from Will Rogers Related posts: 16 May 1929 16 August 1929 17 January 1929 11 August 1929 7 June 1929 24 October 1929 7 November 1929 Categories: History Tags: 16 May, 1929