August 24, 1956
The federal minimum wage stood at $1.00/hr that summer of 1956, and the Dow Jones sat at 499 — while the Suez Canal crisis was building overseas, with Britain, France, and Egypt locked in a standoff over control of the waterway that carried a third of the world's oil. On American screens and radio dials, "I Love Lucy" was finishing its run as the country's top-rated television show, while Gogi Grant's "Wayward Wind" held the number one spot on the pop charts for weeks that season. On July 8th, an Austrian mountaineering team made the first successful ascent of Gasherbrum II in the Karakoram range on the Pakistan-China border, one of the world's fourteen peaks above 8,000 meters, adding another entry to the short list of summits that had ever been reached by human climbers.
On the cover
Magazine Covers — August 24, 1956
NY Times Headlines — Week of August 24, 1956
Hall Re-Elected As G.O.P. Chairman; Backed Again By President --Sees Victory In 'Toughest' Fight In Party'S History Sent To Visit President Hall Is Re-Elected Republican Chairman Upon Recommendation Of A President Party Head Sees 'Toughest' Fight Sure Of Victory For Ticket But Warns Of Need For Hard Work In Precincts Regrets And Welcomes Not Attracted To Senate Praises Miss Adkins
Britain Permits France To Base Troops On Cyprus; Request By Paris Cites Suez Tension And Protection Of Nationals In Mideast Nasser Parley Monday Egyptian President Agrees To Meet 5-Nation Group Then On Canal Issue Envoy Delivers Note Britain Permits French In Cyprus Prestige Held At Stake 'Exchange Of Views' Stressed
World Events — August 1956
Time Person of the Year — 1956
On the radio
Billboard Charts — August 24, 1956
On the bookshelf
On the television
Nielsen Top 10 — 1955–56 Season
Emmy Winners — 1956
At the movies
Box Office & Oscar Winners — August 24, 1956
On the field
Sports Champions — August 24, 1956
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