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May 7, 1951

Revisit the news, notable people, and historical moments connected to this date.

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Headlines from May 7, 1951

U.S. ACTS TO CURB MAJOR BORROWING BY STATES, CITIES; Wilson Asks Them to Submit $1,000,000 or More Projects for Bank Groups' Approval WOULD DELAY G.I. BONUSES Defense Mobilizer Urges All Nonessential Outlay, Cited as Inflation Spur, Be Put Off Inflationary Effect Stressed Called 'Major Contribution' U.S. ACTS TO CURB PUBLIC BORROWING

By Charles E. Egan Special To the New York Times

ODM (Mobilization) Dir Wilson urges govts to defer non-essential spending and to submit proposals for borrowing $1 million or more to Fed Reserve Bd credit restraint coms for approval, lr to officials; move is inflation curb effort

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Notable Deaths

Warner Baxter

1951Warner Baxter, American actor (born 1889)[†]

Warner Leroy Baxter was an American film actor from the 1910s to the 1940s. Baxter is known for his role as the Cisco Kid in the 1928 film In Old Arizona, for which he won the Academy Award for Best Actor at the 2nd Academy Awards. He frequently played womanizing, charismatic Latin bandit types in Westerns, and played the Cisco Kid or a similar character throughout the 1930s, but had a range of other roles throughout his career.

Historical Context for May 7, 1951

In 1951, the world population was approximately 2,543,130,380 people[†]