Investors urged to back risk taking over safe bets
Babson discusses diversification via mutual funds and the need for some investors to back new enterprises. He notes Americans should balance safety with ventures in invention and industry, citing tax law shifts and historic New England factory growth driven by risk takers. He challenges SEC outcomes and urges measured speculation.
MENTIONED IN THIS ARTICLE
Babson Park
Mase
Willing to Take Risk With Money and New Ventures
The column argues that favorable tax changes encourage young entrepreneurs to start businesses and attract older investors to new ventures such as uranium prospecting. It contrasts this with past legislation that hindered employment, urging Americans to take calculated risks for national good and feature profiles of Babson Institute founders.
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New England
Boston
Portsmouth
Eureka
Kans
Tiska
America
Washington Merry-Go-Round: GOP faces tough states in three races
Washington notes GOP strains in Pennsylvania Michigan and Oregon as Election 1960 heats up. Lloyd Wood a turkey farmer competes with George Leader. Detroit jobs loom as GM and Summerfield clash with Chrysler. Oregon's Cordon faces Newberger in a veteran credentials battle amid ads and political maneuvering.
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Drew Pearson
Washington
Pennsylvania
GOP
Lloyd Wood
George Leader
Fins
Fred Hare
Artemas Leslie
Macing
Congress
Fine
Oldsters
Biz
Jim Duff
Michigan
Chrysler
Summerfield
Motor
General
Detroit
Pat McNamara
American Legion
Dick Newberger
Cordon
Cordon Machine
Congressman Stringfellow
Neuberger
Alaska
Cordon Pla
Oregon
Sen
Douglas County
Interstate Truck Taxes Spark 15 Firms Relocate
A multi-state tax war on trucking escalates as Ohio and New York impose levies on out of state haulers. Retaliatory taxes drive at least 15 trucking firms to relocate their headquarters. Congress considers an inquiry while campaign politics stir Washington.
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Ita Heer
United States
Ohio
New York
Indiana
Kentucky
Georgia
Florida
Ayres
Akron
House Interstate and Foreign Commerce Committee
Secretary of Defense
Charley Wilson
Dulles
White House
Wilson
Hallyhen
Francis Dorn
Brooklyn
Dorn
Don O'Toole
Jenner
Secretary of the Treasury
Henry Morgenthalt
Washington
New York City
GOP
Irving Ives
18 Year Old German Seeks Dream in America
An 18 year old German refugee named Alfred Oestman survived 21 days without food or water in a freighter hold, found by a Brooklyn seaman. Emaciated, he was cared for at a city infirmary and promised to return to Germany and try the “regular way” to America. He viewed the Statue of Liberty before being sent back to Bremen aboard the Gripsholm.
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Americas
Alfred Oestman
Brooklyn
Alfred
Germany
Gripsholm
Bremen
America Seen Through Hungry Eyes of Europe and Asia
Erich Brandeis reflects that returning correspondents report Europeans and Asians dream of America not for wealth but for freedom to speak worship and live without hunger or fear. He laments internal squabbling and urges recalling ancestors who forged the nation’s rough road to ease current travel.
MENTIONED IN THIS ARTICLE
Europe
America
New York Letters on Life, Stars, and Society
A brisk column from New York recounts social life notes in Manhattan. The writer mocks how-to books while praising Ruth Douglas’s Brookyn College course, laments lonely New Yorkers, and critiques Hollywood glamour and city booms. He cites Ruth Douglas, Judy Garland, and the Museum of the City of New York as touchpoints, and mention bands led by Lester Shanin with ties to prominent families.
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New York
New Yorker
Ruth Douglas
Brookyn College
Manhattan
Miss Daugh
Miss Garland
Miss Horne
Manufacturers ‘Trust Company
Fifth Avenue
Museum of the City of New York
Xian
Lester Shanin
Lester
Barbara Hollan
Rackefellers
Whitneys
Fords
Mellons
Chryslers
Benny Goodman
Rlie Shaw
Dorsey Brothers
Bible Verse Romans 3 20 From the King James Version
A daily Bible quotation cites Romans 3 20 stating that by the deeds of the law no flesh is justified before God and that the law brings knowledge of sin. The verse emphasizes justification by faith rather than works.
Stage and Screen Notes on Libby Holman and Carmen Jones
The observer recalls Libby Holman's torchy songs at the Bijou and previews Otto Preminger’s Carmen Jones film. Dorothy Dandridge and Tallulah Bankhead also captivate patrons as discussions touch on Rain She Little Foxes and TV performances.
MENTIONED IN THIS ARTICLE
Bijou
Libby Holman
Otto Preminger
Dorothy Dandridge
Young Augusta Financier Builds a Million Dollar Empire
The 16 year old John B. Fuqua of Augusta Georgia rose from radio ham and Merchant Marine officer to owner of WGAC WGRF and WGRF TV. He then expanded into auto finance with assets exceeding two million and forecasts more than four million in business this year. His lesson: borrowed capital, plug capital and capacity unlock vast opportunities in a free economy.
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Hoa la Horrow
John B. Dua
Augusta
J.B
Prospect
A.B
Merchant Marine
Charleston
Wesc
Fuqua
WGAC
WGRF
Wgrf-Tv
Auto
Midas
Saar Premier Hoffmann Plays Key Role In Saar Referendum
Portly jovial Johannes Hoffmann, Saar prime minister and foreign affairs chief, did not attend the Paris talks but faces running the Saar referendum on the new Saar statute with French and German backing. He must balance pro German opposition and threats while guiding the vote and potential general election, amid fears of extremist violence.
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Port Arthur
Baytown
Fort Arthur
Charles M. McCann
United Press
Johannes Hoffman
Paris
Saar
Bonn Republic
Wolfmann
Hoffmann
Pierre Mendes- France
Konrad Adenauer
Western European Union
West Germany
Union
Greervbndy
France
Trivia Quiz Packed Bag of Quick Knowledge Items
A noisy collage of questions and clues screenshotted from a newspaper page. It asks about orientate usage, Amos, completing a verse line, current chief justice, DAR headquarters, a war officer born in 1900, an actress’s real name, and other scattered items including dates and birthdays.
MENTIONED IN THIS ARTICLE
Amos
United States Supreme Court
National Society, Daughters of the American Revolution
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