DailyTimeCapsule brief
December 17, 1957
On December 17, 1957, the U.S. government announced that the cost of the Intercontinental Ballistic Missile (ICBM) program, specifically the Atlas missile, was pegged at $2 million. Atlas Missile Chief General Bernard Schriever expressed optimism about the missile’s potential role in launching satellites, signaling a significant step forward in the space race. Meanwhile, in Argentina, the People's Radical Party nominated Arturo Frondizi Balbín for the presidency, showcasing a shift in political dynamics. The political landscape was further influenced by developments in Thailand, where an anti-communist electoral trend was emerging, as pro-West factions appeared poised for a sweeping victory in the elections, reflecting Cold War tensions across the globe.
Key developments
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On December 17, 1957, the cost of an Intercontinental Ballistic Missile (ICBM) was estimated at $2 million. General Power advocated for an expansion of the bomber force to counter the missile threat from the USSR. President Nixon expressed confidence that the U.S. would maintain its lead in missile technology and capabilities.
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On December 17, 1957, the People's Radical party officially nominated Ricardo Balbin as their candidate for the presidency of Argentina. This nomination came during a pivotal period of political transformation in the country. Balbin aimed to unite various factions and address the pressing issues facing the nation at that time.
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ANTI-RED BALLOTS IN THAILAND GROW; With Half the Provinces In, Sweeping Victory Looms for Pro-West Factions
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