On this day

January 26, 1955

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

Historical Context for January 26, 1955

In 1955, the world population was approximately 2,740,213,792 people[โ€ ]

Notable Births

Eddie Van Halen

1955Eddie Van Halen, Dutch-American guitarist, songwriter, and producer (died 2020)[โ€ ]

Edward Lodewijk Van Halen was an American musician. He was the guitarist, keyboardist, backing vocalist and primary songwriter of the rock band Van Halen, which he founded with his brother Alex in 1972.

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Headlines from January 26, 1955

Right to Raise Business Tax To Be Sought by City Today; Optional Legislation to Replace Mayor's Plan for Substitute Levy Is Part of Estimate Board's Albany Program BUSINESS TAX RISE PROPOSED BY CITY

By Charles G. Bennett

Wagner and Estimate Bd complete fiscal '55-56 program; standby legis to be sought from NYS to raise gross and financial business taxes for added $18.6 million yield should other parts of program be rejected; Mayor's Advisory Council (R W Dowling-D Rockefeller) subcom rept urges rises and that NYC avoid business income tax; Wagner comments

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Last of Rebels Leave Costa Rica, Abating Crisis With Nicaraguans; Last of Rebels Leave Costa Rica, Abating Crisis With Nicaraguans

By Sydney Grusonspecial To the New York Times

crisis abated as rebels withdraw into Nicaragua shortly after deadline; Govt repts rebels, including Gen and Col Colderon Guardia, interned; Min Sevilla Sacasa repts Nicaraguan action to Quintanilla; OAS com cancels Washington trip; was to place issue before OAS Council; both sides see withdrawal as result of OAS com successfully calling Somoza bluff; comment on his attempted intimidation of com while in Managua; on his likely reaction to diplomatic and mil defeat

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HOUSE VOTES 409-3 TO BACK EISENHOWER ON FORMOSA; SENATE HEARS JOINT CHIEFS; UNITY ACCLAIMED President Hails Support for Any Military Steps -- Senators Cautious HOUSE VOTE BACKS FORMOSA DEFENSE

By William S. Whitespecial To the New York Times

House approves resolution, 409-3; Eisenhower hails unity; Reprs Barden, Siler and Sheehan explain dissents; Joint Cs/S testify before joint Sen com; George indicates Gen Ridgway had reservations; Radford says Joint Cs/S back resolution; Rayburn bars amendments on House floor; he and other Dems stress belief that Eisenhower does not require Cong sanction to act and vote should not be viewed as precedent; Eisenhower bars press conf during Sen deliberations

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SENATE UNIT CITES KOREA WAR LESSON; Applying It in Formosa Urged as Inquiry Hints Subversion in Curbs on Five Chiefs SENATE UNIT CITES KOREA WAR LESSON

By C. P. Trussellspecial To the New York Times

Sen (Jenner) subcom repts on Aug-Dec testimony of Gens Clark and Van Fleet, Adm Joy, Lt Gens Stratemeyer and Almond; urges applying Korean lessons to Formosa crisis; urges wide circulation of testimony transcripts; voices concern over conduct of 1st UN 'police action'; hopes probe will continue until discovery of source of orders that overruled plans to drive Communists across Manchuria line

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