10 Feb 1955
Page 1
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Newspaper
Austin Daily Herald
Location
Austin, Minnesota, United States of America
Date
Feb 10, 1955
Page
1
Representative Coya Knutson calls for fair living standards for farmers during a National Council of Churches session in Washington. She backs 100 percent parity based on family farm costs, loans for beginner farmers, and policies to strengthen family farms and stockpile a national food safety reserve.
Minnesota lawmakers moved toward repealing the property and payroll credit for corporations and banks. The House Tax Committee approved bills to raise normal income taxes by about 800000 from corporations and 175000 from banks, boosting state revenue by roughly 975000 annually.
New York stock market opens higher with gains of over a dollar for Bethlehem Steel, General Motors, Chance-Vought Aircraft and others. The Associated Press average hits a new high at 158.10 after a buoyant start and investors shift toward defense-related firms. Analyst Ralph Rothem notes growing public nibbling at equities.
Senator Louis Murray of East Grand Forks introduced a bill to ban beer and liquor sales after 6 p.m. on Christmas Eve and on Christmas Day. He argued everyone should be home with family on these occasions.
Sen Thye and a group of Republicans press for party unity behind Eisenhower by forming informal ties with White House and Justice Department staff. They aim to influence policy formation and know upcoming proposals before Congress. The effort centers on non senior members seeking a say beyond errands.
Minnesota House members voted 7 to 26 to allow working mothers with babysitters earning up to 4500 a year to deduct up to 600 from gross income for state taxes. Deduction declines past 4500 and ends at 5100. Also notes on headlights bill, a voluntary legislators pension plan, and union dues deduction rejection.
Herbert A. Hendrix 79 chief engineer for Consolidated Products Co died in a boiler room blast in Albert Lea Minnesota late Wednesday He managed three steam boilers used in milk drying and was alone at the moment of the explosion believed caused by gas used to heat the boilers He was thought to be attempting to light a coal furnace when the blast occurred Two large doors were blown from the carriers with minor other damage
Nationalist China has evacuated civilians from three small islands near the Tachens and redeployed troops. Civilians from the Yushan group and Pishan moved to Formosa, while troops and supplies were moved off Tachens under U.S. naval protection. Chinese reports quote Gen. Liu Lien-yi regretting lack of permission to stand.
Washington Representative Wick ersham of Oklahoma says he is seeking part time work to cover debts as his expenses outpace his $15,000 salary. He calls for a $27,500 pay, notes other members receive advances, and warns of decline in Congress if pay isn’t raised.
A family of five fled into 18 below zero weather as fire swept a Chandler Minnesota two story building destroying Prince Hardware and the apartment above. Fire crews from five villages and 40 Air Force base airmen contained the blaze, evacuating nearby residents and causing about 20000 dollars in losses. The cause was suspected to be defective wiring or an overheated chimney.
Columbus police say George Anastasio a 60 year old Greek immigrant leaped from the Milner Hotel sixth floor to survive. He believed tax agents were pursuing him. He hid stocks worth 15000 and a bank book showing 5000 with a 5000 withdrawal last week. The IRS has no record of him and investigates. He is in fair condition with multiple fractures.
A proposed highway safety bill in the Legislature would ban all signs designed to be read in sequence and those featuring rhyming copy along Illinois highways. The measure targets advertising displays that guide readers in order, signaling a shift in roadside signage rules.
MIAMI BEACH Fla The AFL and CIO agreed to merge into a 15 million member federation with Meany to be president and Schnitzier treasurer The drive will begin with chemicals and plastics and may extend to textiles Union leaders pledged to discourage raiding and to ban racial discrimination in the new constitution
It was 10 below in Austin as Arctic air chilled the region ending a brief mild spell. Temperatures plunged to as low as 23 below in International Falls while forecasts show more frigid air with lows of 10 to 20 below. Main highways southeast of Farmington to Fairmont were snowpacked and slippery with scattered slick spots in the southwest. Near normal driving conditions expected elsewhere.
Belgrade Minnesota voters approved a 75 thousand dollar bond issue by 261 to 22. The funds will finance a municipal building containing an auditorium clerk’s office council room rest rooms a medical center and two business spaces.
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