On this day

January 2, 1953

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

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Headlines from January 2, 1953

BRITISH PREPARED TO BUY IRANIAN OIL ON END OF DISPUTE; Ousted Company Will Take 10,000,000 Tons Annually if Compensation Is Settled THIRD OF FORMER OUTPUT Step Contingent on Talks U. S. Is Holding With Mossadegh on Nationalization Terms British Ready to Buy Iranian Oil If Compensation Issue Is Settled

By Special to THE NEW YORK TIMES

Anglo-Iranian Oil Co would buy up to 10 million tons yrly if accord can be reached on compensation for nationalization; amt would be less than 1/3 of output before co's operations ended in '51; 2-3 mos needed to get oil moving again; US cos may take some; Anglo-Iranian lets main contract for 5-million-ton refinery, Aden, to Middle East Bechtel Corp; Byroade continues talks, London

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Notable Deaths

Guccio Gucci

1953Guccio Gucci, Italian businessman and fashion designer, founder of Gucci (born 1881)[โ€ ]

Guccio Giovanbattista Giacinto Dario Maria Gucci was an Italian businessman and fashion designer and founder of the fashion house Gucci.

Historical Context for January 2, 1953

In 1953, the world population was approximately 2,634,106,235 people[โ€ ]