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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jan 02, 1958
Page
6
A four engine Argentine Airlines flying boat crashed and sank in Buenos Aires harbor. Nine aboard reported missing after the craft went down twenty minutes after a crash landing. Some were rescued by motorboat and helicopter while divers could not reach the wreck on a muddy river bottom.
Jordanian Foreign Minister Samir Rifai said Jordan would need an average of 50 million dollars annually from the United States for five to ten years to finance the economy and armed forces, as Russia claims a nuclear breakthrough. He warned of possible dangers from delays in aid and rejected any aid with strings attached while emphasizing Arab unity and neutrality in alliances.
A construction industry magazine surveys national economists and predicts 1958 housing starts around 1.1 million to 1.125 million, with total 1958 building activity near 72.2 billion dollars. Private starts near 1.0 million, public starts about 40 to 50 thousand, and mortgage money will loosen with FHA and savings sources expanding.
The statement posits that a strong second half of 1958 may ignite a rapid rise in the building industry. It suggests momentum could reach levels comparable to the satellite era’s dramatic pace, with years ahead showing heightened activity and expansion.
Chicago Adlai E Stevenson on New Year warns America faces a perilous time with a nuclear arms race that cannot be won. He stresses widening East West divisions and urges peaceful purposes and humane unity with allies and adversaries alike.
Magistrate Edward Moore found John Lee, 68, guilty for trying to move a blocked door and attempting to set the car on fire with an axe. He was sentenced to 15 days in jail. In another note, the text states about 70 percent of deaths from the disease occur at age 65 and over, with 25 percent between 45 and 64.
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