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It's A Small World debuts at Disneyland after two years at New York's World Fair.
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The first Pooh featurette, "Winnie The Pooh And The Honey Tree," debuts in theaters.
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Walt ushers in the New Year by serving as the Grand Marshal of the Tournament of Roses Parade in Pasadena, California.
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Three schools are named after Walt Disney: one in Tullytown, Pennsylvania, one in his boyhood home of Marceline, Missouri, and one in Anaheim, California.
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Walt Disney succumbs to lung cancer and is mourned worldwide. Big brother Roy Disney takes charge of the Disney Studios at age 73.
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