On this day

August 2, 1954

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

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Headlines from August 2, 1954

IRAN PAYMENT SET TO END OIL DISPUTE; Teheran Says British Will Get Less Than $84,000,000 -- Way Paved for Full Pact IRAN PAYMENT SET TO END OIL DISPUTE

By Welles Hangenspecial To the New York Times

Amini announces Iran will pay Anglo-Iranian less that $84 million in settlement of all of co's claims; payments to be spread over 8 yrs starting after 2-yr moratorium; seen exclusively in oil or refined products; Abadan refinery and other facilities to be operated by consortium not included; Anglo-Iranian to have 40% share in consortium; other cos fees to Anglo-Iranian to be in fact compensation for latter's loss of exclusive exploitation rights; Brit Embassy spokesman confirms Amini rept

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Notable Births

Sammy McIlroy

1954Sammy McIlroy, Northern Irish footballer and manager[†]

Samuel Baxter McIlroy is a Northern Irish retired footballer who played for Manchester United, Stoke City, Manchester City, Örgryte (Sweden), Bury, VfB Mödling (Austria), Preston North End and the Northern Ireland national team.

Historical Context for August 2, 1954

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