E
C
O
N
O
M
Y
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- Average US yearly income was $3,850
- Gas cost $.20.
- Average US house was $9,050.
- Average UK house was £2,028.
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N
E
W
S
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- Britain conducts its first atomic bomb test
- US ends its occupation of Japan
- US tests its first hydrogen bomb
- Albert Einstein offers but refuses the Presidency of Israel
- Elizabeth II becomes Queen of England on the death of her father
- In Kenya the Mau Mau Rebellion begins
- Nelson Mandela is arrested in South Africa
- India holds its first general elections
- Egypt changes leadership as Nasser leads a coup.
- Puerto Rico is granted Commonwealth status by the U.S.
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T
R
I
V
I
A
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- MAD Magazine is first published.
- The Today Show starts on NBC.
- The Jackie Gleason Show starts its 20-year run on CBS.
- Kentucky Fried Chicken (KFC) opens.
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F
I
L
M
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- We were Singin' In The Rain with Gene Kelly.
- Gary Cooper walked alone at High Noon.
- We had a front row seats to see The Greatest Show On Earth.
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