Broadcast from "Peacock Alley at the Waldorf Astoria" from the NBC studios in New York City, The MAN OF THE YEAR show, which originated in 1947 by Time Magazine. 

Highlights: "Man Of The Year" search for 1956, a review of 1956 personalities featuring the voices of Imre Nagy of Hungary, Nikita Khrushchev, General Josip Tito, Gamal Nassar, Ben Gurian, Dag  Hammarskjold, Jawaharlal Nehru, General John Burns (commander of the UN police force in Egypt), Prince Rainier of Monaco, Grace Kelly, Mickey Mantle, Dr. Martin Luther King, Adlai Stevenson, John Foster Dulles, Richard Nixon. Jinx Falkenburg previews color television for 1957 and its future, and Stereophonic Sound. 
Man of the year is President Dwight D. Eisenhower. We hear excerpts from his June 12, 1945 speech in London, 1952 & 1956 acceptance speech at Republican convention, and comments he made related to Anglo-French-Israel invasion.                                                     

CBS NEWS: Top News Stories Of 1956

Highlights: PresidentEisenhower health problems, announced candidacy at Democratic Convention, Vice Presidential battle between Senator John F. Kennedy and Senator Estes Kefauver,
Republican Convention, nomination, Presidential campaign topics, 
Eisenhower and Nixon were expected to be nominated by acclamation when a lone delegate voted for a fictitious candidate named "Joe Smith." The sinking of the Andrea Doria,
700 people die in weekend automobile accidents, two airlines collide over Grand Canyon Arizona, 128 die, the problem of overcrowded skies, Grace Kelly marries Prince Rainier of Monaco, racial problems in the South in Clinton, Tennessee, huge school desegregation riots, interviews with negroes and whites, including John Kasper, violent segregationist and member of the Klu Klux Klan, Don Larsen's perfect World Series game, Khruschev denounces Stalin cult, Polish riots, Hungarian revolution, Cyprus revolt against British occupation, Middle East crisis, Anglo-French, Israeli-Eygptian war.

Host: Charles Collingwood.