175 Years Ago Religious Group Founded Methodism
A 1784 gathering at Lovely Lane Church in Baltimore launched the Methodist Church in America. Youthful ministers under 35 will lead a 175th observance, centering at Lovely Lane as Methodism grew from 15,000 to nearly 10 million members. The circuit rider tradition helped spread faith across the West and fostered a pioneer ethic among early clergy.
MENTIONED IN THIS ARTICLE
United States
Marquis de Lafayette
Lovely Lane
Baltimore
Methodist Church In
America
Francis Asbury
Jesse Walker
Mtah
hMs
Inflation Threat to Fixed-Dollar Life Insurance
New York AP reports inflation looms as a bogey man for fixed-dollar life insurance as buyers and sellers weigh preserving purchasing power. Industry leaders debate hedging with stocks mutual funds and real estate while Charles H. Schaff of Massachusetts Mutual argues fixed dollars resist inflation over time, citing past volatility in stocks.
MENTIONED IN THIS ARTICLE
New York
Institute of Life Insurance
Commerce Department
Institute
Charles H. Schaff
Massachusetts Mutual Life
Insurance
Schaff
Firing Continues On Christmas Day
In Taipei Formosa AP reports Red Chitlin s gun batteries fired 53 shells at the Quemoy Islands on Christmas Day. Nationalist Chinese authorities note Communist artillery activity on alternating days with the 207th straight even day of bombardment.
MENTIONED IN THIS ARTICLE
Taipei
Formosa
Red Chitlin
Quemoy Islands
Steel wage talks seek noninflationary deal with arbitration path
Union officials demand a wage package plus cost of living adjustments that could total 45 cents an hour, while Companies offer an average 2.7 percent rise in labor costs. Secretary Mitchell notes steel output per hour grew only 2.6 percent from 1947 to 1957. Companies push cooperation to cut waste and have proposed a joint study committee. if no agreement by June 30, 1960, arbitration. They want to retain current local conditions as workers boost efficiency. Public interest hinges on dollar value, living standards, and U.S. competitiveness. What is your view?
MENTIONED IN THIS ARTICLE
Secretary of
Labor
Mitchell
Steelworkers
Also Mentioned on This Page
Tost Henshaw
Sioe
Larry Aldrich Colleetion
Marie McCarthy
Brooklyn
Sohation
Wildcat
the Steel Companies Coordinating Committee
Lenington Avenue
New York 17
Alegheny Ludium Steel Corporation
Arman Steell Corporation
Bethlehem Steel Company
Coloredo Peel and Iron Corporation
Great Lakes Steel Corporation
Inland Steel Company
Jones & Laughlin Steel Corporation
Republic Steel Corporation
United States Steel Corporation
Wheeling Steel Corporation
Youngstown Sheet and Tile Company