August 2, 1952
The federal minimum wage stood at $0.75/hr that summer of 1952, and the Dow Jones sat at 292 — as West Germany moved toward restored sovereignty after Truman signed the Bonn Peace Pact, formally bringing the Federal Republic into the community of Western nations. On television, "I Love Lucy" had cemented itself as the country's dominant comedy, winning the Emmy for the category, while Vera Lynn's "Auf Wiederseh'n, Sweetheart" was the song Americans were hearing on the radio that summer. The 1952 Summer Olympics in Helsinki, Finland drew a strong American performance, with US athletes bringing home 40 gold, 19 silver, and 17 bronze medals for a total of 76, placing the country among the top finishers in the Games.
On the cover
Magazine Covers — August 2, 1952
NY Times Headlines — Week of August 2, 1952
Iran Senate Joins Fight On U. S. Aides; Mossadegh Son-In-Law Backs Attack -- Advisers Held Not Needed And Troublesome Iran Senate Joins Fight On U. S. Aides
Truman Approves Peace Pact Making Bonn Ally Of West; President, In Kansas City, Sees West Germany Restored To Community Of Nations He Hails The Agreement With The Defense Protocol, It Calls For Ending Of The Occupation Of Country Bonn Peace Pact Signed By Truman
World Events — August 1952
Time Person of the Year — 1952
On the radio
Billboard Charts — August 2, 1952
On the bookshelf
On the television
Nielsen Top 10 — 1951–52 Season
Emmy Winners — 1952
At the movies
Box Office & Oscar Winners — August 2, 1952
On the field
Sports Champions — August 2, 1952
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