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Early 1970's, America was
still reeling from the turbulent 60's and war protest, "inflation" had crept
into our conversations, and our "days of innocence" were definitely over.
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Locally by 1972, we had the "Plaza" with stores that
included Horne's, G.C. Murphy's, Sun Drug, Isaly's, Princess Pastries, A&P,
and Howard Johnson's. Betty Gay, Fashion Hosiery, and Kroger's had already
come and gone.
We were entering into the world of fast food with
Winky's and McDonald's, and the "downtowns" were beginning to shrink, as
shoppers began to prefer malls and one-stop shopping.
On the National level, the Cold War, between the Soviet
Union and its satellite states in Eastern Europe, and the pro-American
Free West, was still a concrete reality. President Richard Nixon not only
made an unprecedented trip to Red China, but became the first U.S. President
to visit Moscow.
"Environmental Protection" was an avant-garde concept
with only a minority of supporters when we were born, but by the time we
were seniors, it was a viable cause, although still a struggle. Today, of
course, it is a concept which conservatives and liberals support without
question. |
In the News...
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President Richard Nixon makes an historic visit to
the USSR. In the Strategic Arms Limitation Talks (SALT) I Nixon
and Brezhnev negotiate reduction in their nuclear arsenals. The talks
mark a warming in the Cold War and usher in the era of detente. |
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Bobby Fischer defeats Boris Spassky to become the
first American to hold the world chess title. |
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Frederick Smith, age 27, founds Federal Express with
$72 million in venture capital. It carries 16 packages on its inaugural
night. |
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The Dow Jones Industrial Average crosses the
1000-point mark for the first time in history. |
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Five men are arrested inside the new Democratic
National Headquarters with surveillance equipment and cameras, marking
the beginning of the Watergate Scandal that destroys Nixon's
presidency. Washington Post reporters Bob Woodward and Carl Bernstein
begin to investigate. |
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Seventeen people are killed including 11 Israeli
athletes, in an attack by terrorist group Black September at the
Olympic Village in Munich, West Germany. |
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Estimated population of the United States this year
is 208,842,000; the average income is $11,489 |
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| On TV... |
On the Radio... |
In the Theater... |
| Mod Squad |
| All in the Family |
| Laugh-In |
| Streets of San Francisco |
| M*A*S*H* |
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| American Pie |
| Horse with No Name |
| The First Time Ever I Saw Your Face |
| The Candy Man |
| Song Sung Blue |
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| The Godfather |
| Ben |
| Deliverance |
| What's Up Doc |
| Sounder |
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What We Paid...
House $27,000
Car $3853
Gasoline $0.36
Bread $0.35 Milk
$1.38
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