LF is line feed, thus next line.
The CR
is to
readjust the write head
back to the
starting position.
A line feed alone is not a new line because some or most of the line is already used up. The B '*n' and C '\n' introduced the notion of new line, which outputs both a next line (LF) and back to the starting position (CR).
http://leapsecond.com/ten/
Here is a world record setting pendulum clock from a few years ago:
http://leapsecond.com/pend/clockb/
Precision pendulum clocks are a very deep rabbit hole.