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Anderson Herald in Anderson, Indiana

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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

Jul 15, 1958

Page

2

$250 Million Tax Relief Plan For Small Firms

United Press International reports a 250 million tax relief program for small businesses. The five point plan speeds depreciation, allowing extra first year deductions up to 10 thousand dollars single and 20 thousand dollars joint, for new and used machinery and equipment bought after 1957, with enactment likely before adjournment.

United Press Internations Washington UPI Congress

U.S. Holdings In Mideast Oil Top $3 Billion

A long report notes American, British, and French interests control joint oil assets in Iraq and the Middle East. It cites Standard Oil of New Jersey and Socony Mobil as key U.S. players, with Iraq Petroleum Co. central to production and regional politics amid a possible nationalization move by Iraq’s authorities. The piece also highlights Iraq’s large oil reserves, pipeline sources, and regional production leaders including Kuwait, Saudi Arabia, Iran, and Qatar, framing U.S. investments at over three billion dollars and Middle East output around 3.53 million barrels daily. It mentions U.S. policy discussions in London and Washington as the Iraqi revolt looms.

Iraq Middle East London New York Iraq Petroleum Co Standard Oil New Jersey Socony Mobil Oil Co Sian Kuwait Saudi Arabia Iran Qatar Oll Soviet Union World Total U. S No. 10 Downing Street Harress Russia Macmillan United States London Evening News Dulles Selwyn Lloyd

McElroy Cuts Short Visit To Eniwetok

Defense Secretary McElroy will end his stay at the Eniwetok nuclear test site and return to Washington on Tuesday. Military sources indicate no official reason but cite the Middle East crisis as the cause for cutting the visit before next Friday. He will depart at 10 a.m. HST aboard an Air Force KC135 jet tanker.

Unululy UFI Neil H. McElroy Washington Eniwetok Middle East McElroy Air Force Hang Gamera Wilson Anderson Wiepgsta Heer San von Cer Chesterfield E. M. Stevens Inrete Oil Atavor Chester Don Gwinnup Federal Planning Commission Don Geis D.C James 0. Cain City Ring Green Ae Up Fas Ecos Go“ Ferguson Shetek Lg Cord Omar A. J. Moginner Rae Sherwood U. S Supreme Court Sayer Craig Coe Sherwood St. John’s Hospital Keith Reese James Ro Daniel Wakefield McGurk Cap Jr Citist Isaac Girt Phyllis Ball Ray A. Trevelyan Selma Hultman Thomas Brown 2Nd St Flor Henry McClain Daughit Ida Ter Burton Norman Sheets Milton Main St Brown James ‘Temple Wildwood Ave Lewis Buzan Alexandria Williams Norman Clouse Mary Rector Ray Ashinger American Legion Mary Pritchard Ton Ray Hatala Pauline Judkins Columbus Ave Williams Rocap Ruth Biven Alliance Sted Allen Wiltorney

Bastille Day Draws Masses on Paris Streets

Thousands line the Champs Elysees for Bastille Day tributes to the French army and Algerian leaders. Gen Massu joins De Gaulle on a reviewing stand as 15 000 troops salute. Mass protests in Marseilles and Lyon. Algerian troops parade in Paris. In Algiers U.S. units also take part. A separate report notes two children killed by a charged conduit near DeSoto Indiana.

Ami UPI Champs-Elysees Charles de Gaulle Jacques Massu Delle de Gaulle Toulon France Marseilles Leon President Herriot General Massu Algiers Massu Paris Alba Algeria Vst Muncie Ind DeSoto Lloyd Steven Wright Pamela Mary Ellen Needier Warren Bergwall Bergwall Marvin Needer 18 Mory Ellen Mrs. Lloyd Wright

Senate Votes Bill To Create Civilian Aviation Safety Czar

The Senate advanced a bill to establish a civilian aviation safety czar and a unified federal air safety agency. The plan would absorb the Civil Aeronautics Administration from the Commerce Department and empower the administrator to control airspace and set universal civil military navigation facilities.

Senate Washington Federal Aviation Agency House Civil Aeronautics Administration Commerce Department

U.S. weighs roles in Middle East as Iraq crisis unfolds

congressional leaders discussed possible United Nations action and a U.S. response with Iraq, Jordan, and Lebanon in flux. Hagerty and Dulles briefed lawmakers on information not yet public while Rep. Martin warned of an early administration decision. debates over troops and UN measures intensified amid calls for stabilization in the region.

Joint Chiefs of Staff U.S Eisenhower James C. Hagerty White House United Nations United Nations Security Council Middle East Hagerty U.N. Security Council Dulles Donald Quarles Gen Twining Andrew Goodpaster Iraq United States U.N Neiher Hussein Jordan House Jose W. ‘Martin Massa ‘Chusetts Martin Nuri State Department Lebanon Gamal Abdel Nasser United Arab Republic Nasser Congress Mike Mansfeld D-Mont Mansfield Wniter House Security Council Wansfield Soviet Union L.ams Garnett Eads MacArthur General Assembly Miss Hultman McGurk Michigan City Steven Sokol Clark St Fred Palschak State Prison John Luzadda The Anna Balen Vernon Keith Sherwood Sayer Blanche Markle John Rubis Irene Hearse Counly He Eisen Illinois Valley Lawrence Slaughter Markle- Gen Nathan F. Twining Ville

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