Treasury and FAB Cite Cooperation Preventing Economic Collapse
The Treasury and the Federal Reserve Board told a Senate inquiry that close policy collaboration helped check a 1952-53 boom without causing a downturn. They cited the 1951 accord freeing rates, 90 day security trading, longer debt issues, and no interest on some large deposits as key policies. The panels plan further testimony on Dec 6 and 7.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Federal Reserve Board
Senate
Sen. Flanders
Joint Congressional Committee On the Economic Report
Secretary of the Treasury
Humphrey
William McChesney Martin, Jr
Reserve Board
Reserve Banks
Eisenhower
Reserve
Shower will aid Mrs Barbara Welch in Weston
Westport December 2. Friends sponsor a household shower for Mrs Barbara Sloane Welch widow of Herbert S and Mike Welch to assist moving into the Welch house in Weston December 13 at 2 pm in the Westport Woman's Club Imperial Avenue. Staples High School choir directed by John Ohanian will provide music. Mrs Welch mother of three has been hospitalized since September 1958 with polio and may leave Grace New Haven Hospital for her new home before Christmas. The house on Glory Road Weston is a community project led by Francis I J Finneran. A mortgage-raising games party for the Welch family will be held December 10 at 8 pm in Bedford Junior High School under the Joseph J Clinton Post VFW. Tickets are sold at Main Street stores.
MENTIONED IN THIS ARTICLE
Westport
Barbara Sloane Welch
Herbert
Glory Road
Weston
Francis I. J. Finneran
Welch
Bedford Junior High School
Joseph J. Clinton
Unprecedented Demand Pressures Full Resource Utilization
Resources were fully utilized amid unprecedented demand from private and government sectors, challenging capacity and efficiency. The report notes escalating needs across sectors as utilization peaks.
Also Mentioned on This Page
Shep
Lionel
Roy Rogers
Playland
E. Main St
Bridgeport
Conn
I Ana
Main St
Post Rd
Fairfield
FAB
Barbara Welch
Golden Hill
RI Er
Rayce
Colorama Auto
Rees A
Cereles
Stratford
Barnum Ave
State St
Rayco
Niewgeape
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