TREASURY SETTLES RIFT WITH RESERVE OVER BOND POLICY; RESOLVE FINANCE POLICY DISPUTE
WASHINGTON, March 3 The Treasury and the Federal Reserve Board announced the settlement today of their long-standing dispute over management of the national debt.
On this day
Revisit the news, notable people, and historical moments connected to this date.
Portrait 1080 × 1920 PNG · created on your device
WASHINGTON, March 3 The Treasury and the Federal Reserve Board announced the settlement today of their long-standing dispute over management of the national debt.
airdrop by C-119s illus
GB reptd backing dissolution of sales agency but opposing fixed limit on coal mine ownership; showdown held near
FBI Dir Hoover on Communist Party underground trend; cites '50 Internal Security Act effect; Atty Gen McGrath and Sen Lehman warnings recalled; Sen McCarran sees country in greatest danger
museum warns NYC cos of unauthorized person posing as museum design curator seeking exhibits
1951Edelgard Bulmahn, German educator and politician, German Federal Minister of Education and Research[†]
Edelgard Bulmahn is a German politician from the Social Democratic Party of Germany (SPD). She served as Member of the German Bundestag between 1987 and 2017. She was Federal Minister of Education and Research from 1998 to 2005. From 2013 until 2017 she was elected as one of the Vice Presidents of the Bundestag.

1951Theresa Hak Kyung Cha, South Korean-American author, director, and producer (died 1982)[†]
Theresa Hak Kyung Cha was an American novelist, producer, director, and artist of South Korean origin, best known for her 1982 novel, Dictée. Considered an avant-garde artist, Cha was fluent in Korean, English, and French. The main body of Cha's work is "looking for the roots of language before it is born on the tip of the tongue." Cha's practice experiments with language through repetition, manipulation, reduction, and isolation, exploring the ways in which language marks one's identity, in unstable and multiple expressions. Cha's interdisciplinary background was clearly evident in Dictée, which experiments with juxtaposition and hypertext of both print and visual media. Cha's Dictée is frequently taught in contemporary literature classes including women's literature.
1951Kenny Dalglish, Scottish footballer and manager[†]
Sir Kenneth Mathieson Dalglish is a Scottish former football player and manager. He is regarded as one of the greatest players of all time as well as one of Celtic's, Liverpool's and Scotland's greatest ever players. During his career, he made 338 appearances for Celtic and 515 for Liverpool, playing as a forward, and earned a record 102 caps for the Scotland national team, scoring 30 goals, also a joint record. Dalglish won the Ballon d'Or Silver Award in 1983, the PFA Players' Player of the Year in 1983, and the FWA Footballer of the Year in 1979 and 1983. In 2009, FourFourTwo magazine named Dalglish the greatest striker in post-war British football, and he has been inducted into both the Scottish and English Football Halls of Fame. He is highly regarded by Liverpool fans, who still affectionately refer to him as "King Kenny", and in 2006 voted him top of the fans' poll "100 Players Who Shook the Kop".
1951Pete Haycock, English singer-songwriter and guitarist (died 2013)[†]
Peter John Haycock was an English musician and film score composer. He began his career as lead guitarist, vocalist, and founding member of the Climax Blues Band.
1951Peter O'Sullivan, Welsh footballer[†]
Peter O'Sullivan is a Welsh former footballer who played at both professional and international levels as a winger, making over 500 career appearances.
1951Sam Perlozzo, American baseball player and manager[†]
Samuel Benedict Perlozzo is an American former second baseman, manager, and coach in Major League Baseball (MLB). He managed the Baltimore Orioles from 2005 to 2007 and recently served as the first base coach for the Philadelphia Phillies from 2009 to 2012.
1951Chris Rea, English singer-songwriter and guitarist[†]
Christopher Anton Rea is an English rock and blues singer-songwriter and guitarist. Known for his distinctive voice and his slide guitar playing, Rea has recorded 25 studio albums, two of which topped the UK Albums Chart, The Road to Hell in 1989 and its successor, Auberge, in 1991. He had already become "a major European star by the time he finally cracked the UK Top 10" with the single "The Road to Hell ".
1951Glenis Willmott, English scientist and politician[†]
Dame Glenis Willmott, is a British retired Labour Party politician who served as leader of the European Parliamentary Labour Party (EPLP) and Member of the European Parliament for the East Midlands.

1951Zoran Žižić, Montenegrin politician, 4th Prime Minister of the Federal Republic of Yugoslavia (died 2013)[†]
Zoran Žižić was a Yugoslav and Montenegrin politician. He served as Deputy Prime Minister of Montenegro in the first two Đukanović cabinets from 1991 to 1996, and was the first Prime Minister of the Federal Republic of Yugoslavia following the overthrow of Slobodan Milošević in 2000.
In 1951, the world population was approximately 2,543,130,380 people[†]