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Anderson Herald in Anderson, Indiana

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Newspaper

Anderson Herald

Location

Anderson, Indiana, United States of America

Date

Jun 30, 1954

Page

24

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.

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.

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.

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.

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.

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
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