President Truman unveils his "Point Four" proposal for U.S. technical aid to underdeveloped countries.
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NATO is established to safeguard the West against Soviet aggression.
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The American Cancer Society warns that cigarette smoking may cause cancer.
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Civil war ends in Greece with the defeat of the Communist forces.
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An Earthquake in Ecuador kills 6000 people and destroys 50 towns.
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11 U.S. Communist Party leaders are sentenced to fines and prison terms for conspiracy to overthrow the U.S. government by force.
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