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World Events
U.S. Events
- U.S. troops land in Nicaragua (May 2) to preserve order after a revolt against the new president Emiliano Chamorro.
- Father Coughlin makes his first radio broadcast, beginning his 20-year career of racist and right-wing polemics.
Economics
Federal spending: $2.93 billion
Consumer Price Index: 17.7
Unemployment: 1.8%
Cost of a first-class stamp: $0.02
Sports
World SeriesSt. Louis Cardinals d. NY Yankees (4-3)Stanley CupMontreal Maroons d. Victoria (WHL) (3-1)WimbledonWomen: Kathleen Godfree d. L. de Alvarez (6-2 4-6 6-3)
Men: Jean Borotra d. H. Kinsey (8-6 6-1 6-3)Kentucky Derby ChampionBubbling OverNCAA Football ChampionsAlabama (CFRA, HF) (9-0-1) & Stanford (DS) (10-0-1)
Entertainment
Entertainment Awards
Pulitzer Prizes
Fiction: Arrowsmith, Sinclair Lewis
Drama: Craig's Wife, George Kelly Nobel Prize for Literature: Grazia Deledda (Italy) Miss America: Norma Smallwood (OK) More Entertainment Awards...
Events- RCA, General Electric and Westinghouse establish NBC, which operates two national radio networks.
- The Book-of-the-Month Club is founded and begins to sell books at reduced prices by mail and on a subscription basis.
- Martha Graham, the American pioneer of the modern-dance revolt, gives her first New York performance, which features 18 barefoot, evocatively costumed dancers.
Science
Nobel Prizes in Science
Chemistry: Theodor Svedberg (Sweden), for work on disperse systems Physics: Jean B. Perrin (France), for work on discontinuous structure of matter and discovery of the equilibrium of sedimentation Physiology or Medicine: Johannes Fibiger (Denmark), for discovery of the Spiroptera carcinoma
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