Defense pay raise move signals ongoing equity push
Public relief grows as conferences begin on a proposed 2 billion defense pay raise. Officials indicate next year’s hike may extend equity between civilian and military pay, while warning the boost may not fully close all gaps. Nor is the amount confirmed amid ongoing congressional deliberations and disputes over implementation.
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the Hague
UPI
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31 Nations Sign Historic Test Ban Treaty
Washington reports 31 nations signing a treaty pledging to cease atmospheric, outer space and underwater nuclear tests. Ambassadors and ministers noted broad participation and vows to curb radioactive fallout, with initial signatories including Australia Mexico Canada New Zealand India the Philippines and others. Six more nations expected to sign Friday as the ceremony progresses.
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Washington
UPI
New Zealand
George R. Laking
Testimony Taken In Coal Mines Safety Hearing
W A Boyle international president of the United Mine Workers told the House Labor Subcommittee that coal firms owe it to workers and the public to keep mines safe. The hearing examined expansion of the Federal Mine Safety Act to regulate small mines employing under 15 workers. Ambassadors signed a treaty in 10 minute intervals as State Department tightened signing schedules. Kennedy asked Interior to study new safety legislation. Dent and Clark sponsor and support similar measures. First commercial sign of record in New York City theatre dated 1894.
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Washington
UPI
W.A. Boyle
United Mine Workers
House Labor Subcommittee
New York
New York City
State fires two for surfacing private driveway in Indianapolis
Two Indiana state highway workers, Vandy Ross and John Morris, were dismissed on charges of using state asphalt to pave a 15 by 20 foot driveway at a north side Indianapolis home. Acknowledging the investigation, the highway chairman said only their crew could have used the material, weighing a ton and a half and valued at 12 dollars per ton, while residents were away during the incident.
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Indianapolis
Vandy Ross
John Morris
David Cohen
State Highway Commission
Cohen
Ross
Morris
Highway Commission
325 Million Shifted to Private Investors
FNMA said it shifted more than 25 million in mortgage financing to private investors over 17 months under a new purchasing procedure. The agency, created by Congress, supports the secondary mortgage market by buying mortgages during industry funding shortages and selling them when capital is plentiful.
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Washington
UPI
Federal National Mortgage Association
FNMA
Congress
Commodity Operation Director Appointed
Everette B. Harris resigns as Chicago Mercantile Exchange president to become director of Hayden Stone Chicago Commodity operations starting November 1. California cotton crop doubled in yield and acreage from 1950 to 1952.
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Chicago
UPI
Everette B. Harris
Chicago Mercantile Exchange
Hayden, Stone & Co., Inc
Hayden, Stone
Sacramento
California
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