On This Day - What happened 26 June 1950 AD

On 26 June 1950, the National Assembly supported a crucial bill written by Milovan Đilas and Tito regarding "self-management", a type of cooperative independent socialist experiment that introduced profit sharing and workplace democracy in previously state-run enterprises, which then became the direct social ownership of the employees.

In June 1950, Suzy Delair performed rehearsals of the song "C'est si bon" with Aimé Barelli and his Orchestra at the Monte Carlo casino where Louis Armstrong was finishing the evening. Armstrong enjoyed the song and he recorded the American version in New York City on June 26, 1950.