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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Jun 10, 1958
Page
10
A policy statement from the paper notes that Associated Press content is exclusive for republication and that the newspaper is registered as a second class Matter in Bridgeport Connecticut under 1879 acts. It also states authorization and copyright terms for AP dispatches and local news.
The French leader Charles de Gaulle shifts focus to reforming the constitution while mending Algeria relations. Paris dispatches describe a bold effort to settle France’s problems, with critics urged to withhold judgment as he strives to avoid a communist or civil conflict.
Despite 49 million people receiving all three Salk vaccine doses, 46.5 million aged 20 to 40 have had no inoculation. Public apathy risks renewed outbreaks, even as vaccine production tightens and backlogs exist. Authorities say facilities can meet demand if needed.
A Commerce Department and SEC joint report shows a 1.3 billion drop in capital goods spending over recent months. Business spent 37 billion on plant and equipment last year and may drop to about 30.7 billion this year, with the decline expected through the fourth quarter. The Monthly Review from the Federal Reserve Bank of New York notes encouraging signs in steel and auto output and in consumer spending, suggesting final demand may be stabilizing and a rebound could follow if inventory liquidation slows. Personal income rose in March and April for the first time since earlier declines.
Analysts note last summer signs suggest the recession persists yet does not trigger a deep, widespread downturn. Economists warn lingering weakness favors cautious consumer sentiment without a full market collapse.
Dr Edward J Kelleher of the Chicago Municipal Court Psychiatric Institute warns that unstable drivers including the mentally ill senile and convulsion patients are licensed to drive. He urges thorough physical and psychiatric exams to prevent licensing those with disorders from driving on city streets.
The piece argues Apalachin, New York, last fall was the era defining gathering of top gangsters. It suggests being present at Apalachin becomes a prized credential for criminals, akin to early Americans key voyages, while those not present risk fading from the underworld.
Hoover Commission urged year to year budget reform granting Congress control over long term appropriations. Senate passed unanimously last year and House approved 311 to 87 this year. Bills stuck due to minor differences and no conference committee. Public urgency rises as carry over funds reach about 72 billion dollars.
The Lincoln Center in New York will replace Carnegie Hall with 2,400 seats to fit modern acoustics and legroom needs. Studies show Americans have grown taller since 1900, with college freshmen increasing about 2.74 inches in height and weight rising to 155 pounds by 1948-49.
A New London Day survey shows New England fishing now leans on electronics such as fathometers radar and loran to locate large catches. Skilled crews with up to 30 trips a year use advanced gear while older trawlers chase fish with less certainty.
Alfred C. Neal voices cautious optimism about a new 25 member National Monetary Commission to study the U.S. monetary system. He argues for an interim report on small business financing and notes the commission members will balance full-time roles with limited time for the probe.
AP analysts note a diplomatic shift as De Gaulle’s rise strengthens NATO through political stability. Eisenhower, Churchill, and Macmillan praised him, while Churchill and De Gaulle shared cordial letters recalling wartime ties in Algiers and WW II cooperation.
The text cites critics urging the U S to quit propaganda and abandon the Information Agency while examining the presidential primary as a flawed method. It notes cautious initial signals about Franco German relations as Maurice Couve de Murville meets Konrad Adenauer to review small budgets and discuss shared affairs.
The 1960 Democratic fight centers on Harlem minister Adam Powell as Tammany’s DeSapio challenges his power. Harriman seeks to blunt Powell’s impact, courting Thurgood Marshall who declines due to duties, while Powell faces party and committee repercussions amid national race politics.
Overseas Outlook notes a long Senate battle over removing a foreign aid amendment giving the president broad latitude for aid to communist countries. It condemns partisan politics, laments financial strains, and questions public understanding of democracy amid Cold War pressures.
A June New York AP note explains stock market jargon such as technical position selective strength when issued switching penny stock speculation inflation hedge and price ranges. It defines market concepts with examples including bulls and bears contracts to sell short and penny stocks versus blue chips.
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