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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Jul 16, 1958
Page
11
Census Bureau figures indicate 1957 ended with a record high 65 million Americans employed out of a 70.7 million labor force, with 2.9 million unemployed and a 5 percent average jobless rate due to seasonal factors. By mid 1958 recession eased and areas reported more job opportunities as defense spending looms.
The Ottawa summit between President Eisenhower and Prime Minister Diefenbaker closed on a note of unity. Both nations plan a new joint cabinet committee on continental defense and stress continued dialogue to resolve remaining sore spots while strengthening mutual security against global threats.
The article argues the Kremlin never abandoned Stalinist methods, maintaining a regime of terror and mass coercion underlying Russian rule for forty years. It contrasts Stalin’s brutal methods with autocratic czarist practices, noting mass murder and exile were common in both eras.
The speaker portrays Stalin and Khrushchev as tyrants who wield subversion and violence to expand Soviet influence. He credits Western unity and UN leadership as the path to stopping the Kremlin and preventing further domination of free nations.
State Food and Drug Commissioner Attilio Frassinelli reports a survey of 155 Connecticut retail stores and 55 wholesale establishments shows only about half of frozen foods are kept at zero degrees or below. He notes some 30 plus percent of wholesale deliveries are improperly refrigerated. The findings indicate quality loss rather than direct health risk and call for stricter, more dependable temperature control statewide.
Sylvia Porter notes that eight leading indicators from the National Bureau of Economic Research point to improving economy in May, with new orders, new incorporations, and stock prices among the positives. She cautions that a one month shift isn’t conclusive and expects clearer results after summer.
Russian and satellite press denounce the Adams-Goldfine affair as a symbol of widespread U S corruption. They claim U S congressmen abuse office for personal gain and praise the Goldfine hotel bugging as proof of U S moral decay, while noting both parties exploit the scandal for politics.
The piece outlines a coinciding six indicator series showing May and June economic activity leveling after a downturn. It notes job gains including manufacturing, unemployment dipping seasonally, sharp gains in bank deposits, freight carloadings, and a small rise in industrial production with wholesale prices flat. It also previews lagging series details and policy calls.
In a hopeful note for the economy, Puerto Rico reports 54 new manufacturing contracts in April to June, boosting jobs for 4,715 workers with $7.4 million in payroll and $9.1 million in capital. observers see signs of cautious business optimism and potential shift toward expansion.
The article argues the United Nations has failed to prevent wars and protect small nations since its founding. It cites Dag Hammarskjold’s Lebanon intervention report as lacking evidence and predicts Soviet bloc dominance will reduce the UN to mere holding operations. It notes uncommitted nations growing and free powers failing to unite against international communism.
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