Eisenhower urged to reject British nonaggression pact plan
A House Foreign Affairs Committee group urged President Eisenhower to reject Eden’s nonaggression proposal in Asia or force a full review of foreign aid. In a White House letter signed by 12 lawmakers, the panel warned the policy would undercut US aims to use aid to unite free nations against communism. The letter arrived as Churchill and Eden visited, while the committee released a report insisting US actions should not weaken anti-communist resistance and maintain the July 1 foreign aid package totaling 3.47 billion dollars. The House planned to consider the matter Monday with 14 members in Washington. one signer abstained and another disclosed a motorist sign story. A separate note flagged action on new speed measuring devices and police demonstrations in coming weeks. Two other items touched on Canadian hydroelectric potential and local law enforcement concerns.
MENTIONED IN THIS ARTICLE
House Foreign Affairs Committee
Eisenhower
Asia
White House
Eden
United States
Indoshan
Noland Vang
House
Washington
Ursday
D. Coen
Posal
Far East
Lawrence H. Smith
Wis
Marguerite Stitt Church
Adair
Ind
Bentley ‘Mich
Coen
Dent
Corn
Ottawa
Wright
Windfall FHA Profits Bared And Grand Jury Calls 12 Policemen
The Senate Banking Committee exposed alleged windfall profits in government insured real estate deals tied to postwar housing. Promoters pocketed millions from modest investments amid lax oversight. HHFA official William McKenna testified about 27 large projects and 700 more under scrutiny, with 300 fully investigated. Grand jury summoned twelve Chicago policemen over a gambling raid payoff list.
MENTIONED IN THIS ARTICLE
Grand Jury
Chicago
Cook
Washington
Senate Banking Committee
Capehart
R-Ind
William F. McKenna
Housing and Home Finance
McKenna
Eisenhower
Albert M. Cole
HHFA
White House
FBI
Federal Housing Administration
FHA
Capeharth
Mc‘Kenna
New Car Prices Likely to Hold Steady in 1955 Market
Dealers have pushed volume in the spring selling season by sacrificing profits and offering high trade-in allowances and giveaways. Despite questions on price cuts, 1955 models are unlikely to be cheaper than available 1954 cars as the merchandising drive sustains current price levels.
MENTIONED IN THIS ARTICLE
Deskull
Local Servicemen Serving In Japan and the DuPont Family Loans Case
Investigators report U S Army personnel in Japan including Pvt. Robert R. Lindsay and Pvt. Orville K. Sheward, both engineers in the 1st Cavalry Division, involved in a postwar mortgage loan scheme. Wealthy DuPont family stockholders, including Lamonte du Pont and Nicholas I. du Pont, were linked to three insured mortgage projects totaling $5.98 million. payouts of $510,375 occurred within 45 days of project completion.
MENTIONED IN THIS ARTICLE
1St Cave
Japan
Mort Korea
FHA
Robert R. Lindsay
Hazel M. Lindsay
Teans
Fort Leonard Wood
Orville K. Sheward
Estel B. Shecosts
Copeland
William Cannon
Elwood
Ing
Clifton Park Manor
New Castle County
Del
Cannon
Elwood High School
Mort
Mort| There Are About 1,100 Know Gaged Corporation
McKenna Titania
Amto Tet
duPont
Horsey Set Yen Brings Arrest On Check Count
Samuel Dolen Jr. of Edinburg Indiana was arrested in Chicago near the Rid ing Academy on charges of passing bogus checks to buy riding gear and a horse. Detectives say he traveled from Edinburg June 20 and passed checks totaling 1 674 for riding equipment, board, and a horse, with no account at the Indiana bank.
MENTIONED IN THIS ARTICLE
Chicago
Indiana
Samuel Dols Jr
Edinburg
Ind
Inianapolis
Arthur Kenyat
N. Clark St
Lincoln Park
Dolen
Robert Woodington
State Bank
Doren
Woodington
Lannon
William Biochm
M. Main St
Pleasant Run Parkway
Indianapolis
Also Mentioned on This Page
Ihe
Winston Churchill
Capitol Hill
GOP
George N. Craig
Ndiana
Dr. C. F. Brindel Optometrist
W. Tenth St
Insurance Department
Anderson Banking Co
Meridian
Member
Federal Deposit Insurance Corporation
Vos Bay
Snap
Snap Waterbury, Conn
Richard Steppuitis
Goodfyear
Tth & Jackson
Ervice Store
Horsey Set
Yen
Anderson
Midwest
C. Buck
New York
America
Broadway
Nate
IDAY
Jack Kochman
Happy Valley TV
Knox County
WTTV
Bloomington
Racing Automotive