May 4, 1956
Gas cost $0.30 a gallon in the spring of 1956, and the Dow Jones stood at 499 — the U.S. was pressing Egypt to join a ceasefire on the Israeli border as tensions in the Middle East kept American diplomats working through the season. On television, "I Love Lucy" remained the country's most-watched show, while readers were picking up William Brinkley's novel "Don't Go Near the Water" from the bestseller lists. The Philadelphia Warriors took the NBA title over the Fort Wayne Pistons that spring, the same season a British test aircraft called the Fairey Delta 2 became the first plane to exceed 1,000 miles per hour in level flight, setting a new world air speed record of 1,132 mph.
On the cover
Magazine Covers — May 4, 1956
NY Times Headlines — Week of May 4, 1956
Emphasis On Arms In U.S. Foreign Aid Draws Challenge; Senator Humphrey Queries Military Stress In Meeting Soviet Economic Offensive New Weapons A Factor Hollisterbacks Fund Request For Radar Network, Planes And Missiles For Allies Congressional Cuts Cited Emphasis On Arms In Aid Is Opposed
Dulles Sees Hope Of Mideast Peace In Soviet Pledge; Says Settlement Is Possible If Moscow Carries Out Its Promise To Back U.N. Explains Arms Refusal Secretary Tells B'Nai B'Rith Object Is To Avoid Clash-- Lauds Nato Decision Halls Step Toward Unity Dulles Sees Hope Of Mideast Peace Faith In U.N. Stressed
Israel Seeking U.S. Loan Of 75 Millions For Water; French Planes Cited Israel Is Asking New U.S. Loan Of 75 Million For Water Projects Canada Studies Matter
World Events — May 1956
Time Person of the Year — 1956
On the radio
Billboard Charts — May 4, 1956
On the bookshelf
On the television
Nielsen Top 10 — 1955–56 Season
Emmy Winners — 1956
At the movies
Box Office & Oscar Winners — May 4, 1956
On the field
Sports Champions — May 4, 1956
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