Top News Stories from 1974
World Events
World Statistics
Population: 4.378 billion
population by decade
Nobel Peace Prize:
Eisaku Sato (Japan); Sean MacBride (Ireland)
More World Statistics...
- OPEC ends the oil embargo begun in 1973 during the Yom Kippur War (Mar. 18).
- Nixon and Brezhnev meet in Moscow to discuss arms limitation agreements. Background: nuclear disarmament
- Leftist revolution ends almost 50 years of dictatorial rule in Portugal (launched Apr. 25).
- India successfully tests an atomic device, becoming the world's sixth nuclear power (May 18).
- Emperor Haile Selassie of Ethiopia is deposed. A collective military dictatorship assumes power (Sept. 12).
U.S. Events
U.S. Statistics
President:
Richard M. Nixon
Vice President:
Gerald R. Ford
Population:
213,853,928
Life expectancy:
72.0 years
Violent Crime Rate (per 1,000):
48.5
Property Crime Rate (per 1,000)
43.9
More U.S. Statistics...
- Patricia Hearst, 19-year-old daughter of publisher Randolph Hearst, kidnapped by Symbionese Liberation Army (Feb. 5).
- House Judiciary Committee adopts three articles of impeachment charging President Nixon with obstruction of justice, failure to uphold laws, and refusal to produce material subpoenaed by the committee (July 30).
- Richard M. Nixon announces he will resign the next day, the first President to do so (Aug. 8).
- Vice President Gerald R. Ford of Michigan is sworn in as 38th President of the US (Aug. 9).
- Ford grants "full, free, and absolute pardon" to ex-President Nixon (Sept. 8).
Economics
US GDP (1998 dollars):
$1,496.90 billion
Federal spending:
$269.36 billion
Federal debt
$483.9 billion
Median Household Income(current dollars):
$11,197 billion
Consumer Price Index:
$49.3
Unemployment:
5.6%
Cost of a first-class stamp:
$0.08 ($0.10 as of 3/2/74)
Sports
Super Bowl
Miami d. MinnesotaWorld Series
Oakland A's d. LA Dodgers (4-1)NBA Championship
Boston d. MilwaukeeStanley Cup
Philadelphia d. BostonWimbledon
Women: Chris Evert d. O. Morozova (6-0 6-4)Men: Jimmy Connors d. K. Rosewall (6-1 6-1 6-4)
Kentucky Derby Champion
CannonadeNCAA Basketball Championship
N.C. State d. MarquetteNCAA Football Champions
Oklahoma (AP) (11-0-0) & USC (UPI, FW, NFF) (10-1-1)World Cup
W. Germany d. HollandEntertainment
Entertainment Awards
Pulitzer Prizes
Music:
Notturno, Donald Martino
Academy Award, Best Picture:
The Sting, Tony Bill, Michael Phillips and Julia Phillips, producers (Universal)
Nobel Prize for Literature:
Eyvind Johnson and Harry Martinson (both Sweden)
Record of the Year:
"Killing Me Softly With His Song," Roberta Flack
Album of the Year:
Innervisions, Stevie Wonder (Tamla/Motown)
Song of the Year:
"Killing Me Softly With His Song," Norman Gimbel and Charles Fox, songwriters
Miss America:
Rebecca Ann King (CO)
More Entertainment Awards...
Events
- Patti Smith releases what is considered to be the first punk rock single, "Hey Joe."
- People magazine debuts, with Mia Farrow gracing the cover.
- Premier Russian dancer Mikhail Baryshnikov defects and joins the American Ballet Theatre.
Movies
- Chinatown, The Godfather Part II, Day for Night, Blazing Saddles, The Towering Inferno
Music
- Patti Smith, "Hey Joe"
Books
- Robert Creeley, Sitting Here
- Annie Dillard, Pilgrim at Tinker Creek
- Gail Godwin, The Odd Woman
- Stephen King, Carrie
- Toni Morrison, Sula
- Grace Paley, Enormous Changes at the Last Minute
- Robert M. Pirsig, Zen and the Art of Motorcycle Maintenance
- Gary Snyder, Turtle Island
Science
Nobel Prizes in Science
Chemistry:
Paul J. Flory (US), for developing analytic methods to study properties and molecular structure of long-chain molecules
Physics:
Antony Hewish (UK), for discovery of pulsars; Martin Ryle (UK), for using radiotelescopes to probe outer space with high degree of precision
Physiology or Medicine:
George E. Palade, Christian de Duve (both US), and Albert Claude (Belgium), for contributions to understanding inner workings of living cells
More Nobel Prizes in 1998...
- For safety reasons, the National Academy of Sciences calls for a temporary ban on some types of genetic engineering research.
- A new elementary particle psi (now called J) is discovered by Burton Richter of Stanford University.
Death