May 2, 1955
Gas cost $0.29 a gallon in the spring of 1955, and the Dow Jones stood at 488 — a newly independent Austria signed a freedom treaty guaranteeing its permanent neutrality, marking a rare diplomatic breakthrough in the early Cold War. On screen and on the radio, Delbert Mann's film "Marty" had just won the Oscar for Best Picture, and Bill Hayes was dominating the charts with "The Ballad of Davy Crockett." In the NBA, the Syracuse Nationals defeated the Fort Wayne Pistons to claim the championship, and on April 15, Ray Kroc opened the first franchised McDonald's restaurant in Des Plaines, Illinois, laying the foundation for what would become the largest fast food chain in the world.
On the cover
Magazine Covers — May 2, 1955
NY Times Headlines — Week of May 2, 1955
President Faces Fight In Congress On His Programs; President Faces Test In Congress Reciprocal Trade Debate On Today In Senate--House To Act On Farm Support
U. S. To Train R.A.F. In Atomic Bombing; U.S. To Train R.A.F. In Atom Bombing Arrangement Said To Be First Envisaging Use By Ally Of American Nuclear Arms
Power Of Bao Dai Over Regime Cut, Premier Asserts; Premier Curbs Bao Dai'S Power Leader And Generals Inform Vietnam Chief He Can No Longer Pick Governments Backing Of U. S. Asked Washington Seeks To Avoid Open Break--Paris May Support Ngu Dinh Diem
Dulles Condemns The Bricker Plan; Cool To Any Curb; Dulles Condemns Curb On Treaties President Couldn'T Properly Conduct Foreign Affairs, Senate Inquiry Hears
Two Vietnam Congresses Aid Diem, Split On Bao Dai; 2 Vietnam Units Back The Premier
World Events — May 1955
Time Person of the Year — 1955
On the radio
Billboard Charts — May 2, 1955
On the bookshelf
On the television
Nielsen Top 10 — 1954–55 Season
Emmy Winners — 1955
At the movies
Box Office & Oscar Winners — May 2, 1955
On the field
Sports Champions — May 2, 1955
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