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What Was Happening

E
C
O
N
O
M
Y
  • Average US yearly income was $4,000
  • Gas cost $.20.
  • Average US house was $9,550.
  • Average UK house was £2,006.
N
E
W
S
  • Joseph Stalin dies
  • Korean War ends
  • Cambodia and Laos both gain independence from France
  • Sir Edmund Hillary and Tenzing Norgay become the first to reach the summit of Mt. Everest.
  • The Shah of Iran is restored to power with considerable help from the U.S.
  • Salk releases a vaccine for polio.
  • Protest marches in East Germany are crushed by Soviet forces.
  • Jomo Kenyatta of Kenya is sentenced to seven years of hard labor.
T
R
I
V
I
A
  • Playboy Magazine is first published.
  • So is TV Guide.
  • CinemaScope is causing theaters to widen screens.
  • The Corvette goes on sale.
F
I
L
M
  • Burt Lancaster is serving From Here To Eternity.
  • Adorable Audrey Hepburn is taking a Roman Holiday.
  • We wait for Shane to come back.
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