On this day

July 2, 1954

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

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Headlines from July 2, 1954

SENATORS SLASH DIVIDEND TAX AID; FINAL VOTE NEARS; Only Minor Feature Is Left of Administration Plan to Ease Stockholder Impost CONFERENCE MAY HELP General Reduction in Income Levy Rejected for Third Time in Two Days SENATORS SLASH DIVIDEND TAX AID

By John D. Morrisspecial To the New York Times

Sen, 71-13, passes E C Johnson amendment to strike 5% credit from divd provision; only feature now left in divd clause is provision to allow stockholders to exclude $50 of their divds from taxable income each yr; cost to be $46 million; Sen rejects Long amendment, 50-33, for $20 cut per taxpayer, $40 for joint returns, and end of remaining divd feature; adopts by voice vote McCarran amendment to end tax-free status of foundations, and other orgns that contribute to subversive orgns or their members; covers Communist party and orgns and individuals registered with Govt as foreign agents; Sen rejects Morse amendment, 60-20, to end accelerated depreciation provision for business; provisions summarized on corp tax rates, pensions, med expenses, dependent children, child care, exemptions for dependents including foster children, charity contributions, filing dates, business losses, income recd by inventors, writers, artists, deductions by farmers for conservation

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KEAN WAS THE MAN HOFFMAN BLAMED FOR HIS TROUBLES; Kress Says the Ex-Governor Accused Late Senator of Campaign Aid Failure HOFFMAN LINKED TROUBLE TO KEAN

By George Cable Wrightspecial To the New York Times

Kress affidavit declares Hoffman confession named late Sen Kean as man who reneged on pledge to finance campaign; Kress affidavit differs from Mrs Leonard's in acct of blackmail paid by Hoffman; Mrs Roebling affidavit declares she read only part of confession, as did her father I D Gindhart; preliminary hearing for 4 suspended Hoffman aides opens under Studer; Repr Kean says father kept promises

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Notable Births

Chris Huhne

1954Chris Huhne, English journalist and politician, Secretary of State for Energy and Climate Change[โ€ ]

Christopher Murray Paul Huhne is a British energy and climate change consultant, and former journalist, business economist and politician who was the Liberal Democrat Member of Parliament for Eastleigh from 2005 to 2013 and the Secretary of State for Energy and Climate Change from 2010 to 2012. He is currently chair of the UK green gas association โ€“ the Anaerobic Digestion and Bioresources Association โ€“ and senior adviser to the World Biogas Association. He also advises companies on his particular interest in renewable technologies that can provide back up for intermittent energy sources like wind and solar.

Wendy Schaal

1954Wendy Schaal, American actress[โ€ ]

Wendy Schaal is an American actress known for her work in Joe Dante films, such as Innerspace, The 'Burbs, and Small Soldiers. Her other film credits include starring in Where the Boys Are '84, Creature, Going Under, and Munchies. She had many roles on television series in the 1980s, most notably as Vicki Allen on It's a Living and Marilyn Kelsy on Airwolf. Since 2005, she has primarily worked in voice acting, most notably voicing Francine Smith on the animated comedy television series American Dad!

Historical Context for July 2, 1954

In 1954, the world population was approximately 2,685,894,860 people[โ€ ]