The Boston Red Sox sell Babe Ruth to the New York Yankees for $100,000. Ruth, considered the greatest baseball player of all-time, had led Boston to three World Series titles and would later set the records for home runs in a season and career home runs. Following the sale, Boston would go 84 years without winning another title.
In response to increased hostilities in the Middle East following the Suez Crisis, President Dwight Eisenhower announces a shift in American Middle East policy, known as the Eisenhower Doctrine. The doctrine allowed the United States to defend, aid, and supply friendly Middle Eastern states that faced Communist aggression.
American naval hero Stephen Decatur, Jr. is born in Sinepuxent, Maryland. Decatur would lead naval vessels during the Barbary Wars, the Quasi-War with France, and the War of 1812. For his heroism and leadership in battle Decatur was awarded the Congressional Medal of Honor.
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