Mr. and Mrs. O.C. Redford
A Look Back in Time
Eisenhower and Nixon Take Office
Senator MCarthy conducts televised hearings
Senator McCarthy used The Red Scare in America to prove an alleged Communist influence in the Army.
Brown v. Board of Education
The Supreme Court rules that segregation in schools is unconstitutional.
Business and Economy
By The Numbers
· U.S. GDP (1998 dollars): $381.3 billion
· Federal spending: $70.86 billion
· Federal debt: $270.8 billion
· Consumer Price Index: 26.9
· Unemployment: 2.9%
· Dow Jones Industrial average closes at an all-time high of 382.74
· New York Stock Exchange prices reach their highest level since 1929
Around the World
· Radical Puerto Rican nationalists attack U.S. House of Representatives, shooting five congressmen
· CIA intervenes in Guatemala to help overthrow the government
· Soviet Union rejects proposals to reunify Germany
· Paris agreements grant West Germany sovereignty and admittance to NATO and Western European Union
· U.S. and Canada begin construction of an early-warning radar system in northern Canada
Lifestyles & Culture
- From Here to Eternity wins best picture.
- Audrey Hepburn wins best actress.