July 9, 1950
The federal minimum wage stood at $0.75/hr that summer of 1950, and the Dow Jones sat at 235 — the Korean War had begun just weeks earlier, with North Korean forces pushing south and U.S. troops rushing to hold the line around Pusan. At the movies, audiences were turning out for "Father of the Bride" with Spencer Tracy, while on the radio Nat "King" Cole's "Mona Lisa" sat at the top of the charts. That June, French mountaineers Maurice Herzog and Louis Lachenal made history by reaching the summit of Annapurna, becoming the first climbers ever to stand atop a peak higher than 8,000 metres.
On the cover
Magazine Covers — July 9, 1950
NY Times Headlines — Week of July 9, 1950
U.S. To Ask Rights For Army In Japan Under Peace Plan; Long-Term Agreement Is Aim, Permitting Troops To Move Freely Around Islands Plan Favored By Johnson Macarthur Reported In Accord With State, Defense Chiefs For First Time In Months Bases Held Insufficient War Influenced Yoshida U.S. To Ask Rights For Army In Japan
Bradley In Report; Tydings Issues Estimate Of Outlook After Senate Unit Hears General Offers Of Troops Made Legislator Says Other Nations In U.N. Voice Readiness To Aid U.S. Forces In Korea Only Token Forces Seen Nation Is Warned Of Lengthy Fight Over-All Review Given Pakistan Said To Offer Troops
Acheson Derides Soviet 'Peace' Bids; Returns 'War Criminal' Charge On Korea--Sounds Warning On Possible Balkan Blow Acheson Derides Soviet 'Peace' Bids Yugoslav Situation Appraised Inference Regarding Bomb Million Signatures Claimed
Congress Leaders Consider Tax Rise; President Waiting; Senate Finance Unit Shelves Shift In Levies At Request Of The Administration Lucas Hints At Increase 'If Situation Deteriorates,' He Forecasts A New Bill-- George In No Hurry
World Events — July 1950
Time Person of the Year — 1950
On the radio
Billboard Charts — July 9, 1950
On the bookshelf
On the television
At the movies
Box Office & Oscar Winners — July 9, 1950
On the field
Sports Champions — July 9, 1950
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