August 1974

Monday 05:

Vietnam War: The U.S. Congress places a $1 billion dollar limit on military aid to South Vietnam.

Thursday 08:

Watergate scandal: US President Richard Nixon announces his resignation (effective the next day, August 9).

Friday 09:

Richard Nixon becomes the first President of the United States to resign from office, an action reportedly taken to prevent time from being wasted in impeachment proceedings in response to his role in the Watergate scandal. His Vice President, Gerald Ford, takes the oath of office and becomes the 38th president.

Thursday 15:

Yook Young-soo, First Lady of South Korea is killed amid an apparent assassination attempt upon President of the South Korea, Park Chung-hee, during the anniversarial ceremony of the Liberation day.

Friday 16:

The Ramones play their first ever show at the CBGB's.