Historical Events
- American divers Vicki Draves, Zoe Ann Olsen and Patsy Elsener go 1-2-3 in a US clean sweep of the medals in the women's 3m springboard at the London Olympics
- An American 1-2 in the men's 200m at the London Olympics with Mel Patton (21.1) beating teammate Barney Ewell
- An American clean sweep of the medals in the men's 3m springboard diving at the London Olympics with Bruce Harlan winning gold, Miller Anderson silver and Sammy Lee bronze
- An American sweep of the medals in the men's shot put at the London Olympics with Wilbur Thompson taking gold ahead of teammates Jim Delaney & Jim Fuchs
- FDR advisor Alger Hiss accused of being a "communist"
Sports History
Negro League veteran pitcher Satchel Paige, age 42, debuts in Cleveland after controversial signing, goes 7 innings in 5-3 win v Washington
- The US 4 x 200m freestyle relay team of Wally Ris, Jimmy McLane, Wally Wolf and Bill Smith swim a world record 8:46.0 to win gold at the London Olympics
Famous Birthdays
- Pierre Lacroix, Canadian NHL executive (Quebec Nordiques; Stanley Cup 1996, 2001 Colorado Avalanche), born in Montreal, Quebec (d. 2020)
Famous Deaths
- Albert Pollard, British historian (Evolution of parliament), dies at 78
- Tommy Ryan, American boxer (World Welterweight, Middleweight champion), dies at 78
About August 3, 1948
Day of the Week: Tuesday
How Long Ago? 74 years, 7 months and 21 days
Leap Year: Yes
Generation: Baby Boomer
Chinese Zodiac: Rat
Star Sign: Leo