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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

May 06, 1958

Page

10

Bridgeport Telegram and The Bridgeport Post Publisher Details

The Bridgeport Telegram and The Bridgeport Post publish daily and morning editions with Sunday Post, run by The Post Publishing Company. Subscriptions cost 15.00 daily with Sunday Post 25.40 per year. six months 7.50. one month 0.55. single copy 0.40. postage adds 0.20 per day beyond 150 miles and 0.10 per Sunday per month.

the Post Publishing Company Bridgeport Post Bridgeport Telegram Bridgeport Sunday Post Audit Bureau of Sunday Post

Deficits Across Parties Highlight Budget Strain

The piece argues both parties share large deficits with forecasts of at least 38 billion next year, possibly 10 billion per Fed Chair Martin, on top of a minimum 3 billion this year. It notes a proposed debt ceiling rise to 300 billion and recalls GOP pledges on balanced budgets and tax cuts. It ends asserting broad spending and taxation patterns persist under both parties, casting doubt on balancing the budget.

Anderson Federal Reserve Board Martin Congress G.O.P G.G.P Eisenhower Treasury Europe

Artichoke Look Sparks Paris Fashion Escape Trend

The piece notes garish ties offset drab outfits and women adopting sacklike dresses with labels removed. Paris introduces a playful escape via fluffy hair styles called the artichoke look. The column puns on French terms of endearment like mon petit chou as trends loom.

Paris France

Unemployment Compensation in U S History

The piece surveys the push for unemployment compensation from 1911 reforms in Britain to U S proposals under Roosevelt. It notes AF of L opposition until 1932, Democratic support in 1934 for a broad social security plan, and the political climate amid competing ideas like the Townsend plan and share the wealth rhetoric.

United States Britain American Federation of Labor Roosevelt Congress Huey Long Byrd

Debaters in 1930s Congress On Social Security Opposition

The text notes Virginia lawmakers and 33 Representatives opposing social security in 1933, including New York Republicans John Taber and Daniel A. Reed, who warned of burdens and lash on workers. It contrasts lighter resistance to unemployment compensation and cites Alf Landon’s 1936 charges against social security as a fraud on workers.

Virginia New York John Taber Daniel A. Reed Congress Alf Landon Vermont Maine

Railroads seek federal aid with broad relief urged

A Senate subcommittee nears approval of loans totaling 700000 to aid railroads for operation capital and debt service plus construction and equipment. Administration favors construction and equipment loans and tax revisions, while railroads warn of collapse harming the economy and urge swift action before relief erodes.

Washington Senate Interstate and Foreign Commerce Committee Congress

Price aids in autos and the credit crunch in 1950s

The article argues higher car prices and tighter credit explain slow auto demand from 1955 onward. It compares 1947 and 1955 installment terms, noting down payments and monthly payments, and cites Federal Reserve studies urging cautious credit. It contends durable goods inflation and income trends, not consumer taste shifts, drive the market.

Federal Reserve Bank of Philadelphia Philadelphia

Eisenhower critics widen rift with GOP business backers

A broad attack on Eisenhower's policies widens the split between the White House and GOP backers. Bankers, industrialists, and business groups fault his tax and monetary plans and accuse him of snubbing the working and liberal blocs. They warn that support is shifting toward Nixon or Knowland amid discontent among voters.

Eisenhower White House Richard M. Nixon Wiliam Knowland California John F. Kennedy Massachusetts Stevenson Fiarkman Williams Stuart Symington Missouri

Analysts' Views on Trade and Aid Policy From Acheson and Eisenhower

AP analysis notes President Eisenhower and Secretary Acheson urged broader export trade and aid, with Acheson advocating a program two to three times larger. They emphasized West Germany's growing role, the need for access to raw materials, and reform of IMF exchange facilities to aid underdeveloped regions and counter Soviet influence.

Acheson Eisenhower United States West Germany Germany Great Britain Soviet Union

Reserve Officers Name Connecticut Slate Headline

Cmdr. James I. F. Loughlin of Hartford was elected president of the Reserve Officers Assn of Connecticut at its annual convention in Mystic. Other officers named include Mayden Nichols Waterbury and Lt. Jane Taft Waterbury as vice presidents, Vincent Depulio Nes Haven as secretary, Edward J. Jessen West Mystic as treasurer, and Maj. Heinz Furtwangler Waterbury as immediate past president. Brig. Gen. Donald B. Adams spoke as guest.

Hartford James I. F. Loughlin Reserve Officers Assn Connecticut Mystic Army Mayden Nichols Waterbury Navy Jane Taft Air Force Vincent P. Depulio Nes Haven Leslie Nielsen West Hartford Cnulr Edward J. Jessen West Mystic Clarence Sibles Harry W. Tuttle Atvocatt Joseph Tyminski Byram River Norman A. Kichner Trumbull Heinz C. Furtwangler Donald B. Adams ROS United States

Bird Talk at Rotary Club Luncheon Today

Henry Boyd discusses The Music of the Birds at the Rotary Club luncheon in the Stratfield Hotel at 12 15 p m. Boyd, a professional bird inviter, has lectured since boyhood on birds, their songs and calls.

Henry Boyd Rotary Club Stratfield Hotel Mr. Boyd

US Egypt Policy Under Suez Plan Sees Vacillating Views

Anside Foreign Affairs notes a Rome signed preliminary compensation plan for Suez Canal stockholders offers the United States another chance to review Middle East policy. It highlights a pattern of hot and cold attitudes toward Egypt and the United Arab Republic, with mixed responses to King Farouk’s abdication and the army revolt.

Rome Suez Canal Company United States Middle East Egypt Arab Republic Farouk Villian Naguib Gamal Abdel Nasser Nasser State Department

Gold price rally and global central bank buying rise in recession

A recession boosts world interest in gold as central banks buy about 730 million dollars of U.S. gold this year. U.S. and European demand shifts push bullion higher amid fears for the dollar, inflation, and U.S. policy. The piece notes Egypt's political changes under Nasser, U.K. reserves, and a push by banker B. F. Pitman Jr. to raise the price to 100 dollars an ounce.

Sam Dawson New York United States U.S London South Africa Middle East U. S U.S. Treasury Washington Fort Knox Treasury Israel I P Nasser jSér Hel Dulles Ito Aswan Egypt Nasser Co Suez Canal Britain France United Nations Soviet Union San Antonio Texas B. F. Pitman, Jr Congress Hao Fon England Yuna Pee America s @x+ sports U. Ss. Treasury Securi

Satchel Paige and the risk of fame in a comic glare

The piece blends fleeting humor with legal fear, noting Satchel Paige may face jail or freedom depending on a judge's mood. It cites Snowden and a Miami magazine, voicing scandal and policy issues around fame, conduct, and traffic charges affecting women.

Satchel Paige Miami Fla Charles Scandal Magazine Snowden Vet Fran Picker

Also Mentioned on This Page

State St. Bridgeport Conn Associated Press Bridgeport U.S. Patent Office Vienna Austria Milwaukee New London George J. Walker Cies By Sylvia Porter Cary Detroit Ania Misery oNabel Albert Schiweitzer Ree Manninc Ray Tucker Esootinue Ing Federal Reserve Banks United States Chamber of Commerce National Association of Manufacturers Renry Ford Paul Hoffman Studebaker-Packard Corporation Michigan Tno-Tor Madison Avenue Mr. Roberts Ries International Monetary Fund Russia Acheson-Truman Anside Foreign Affairs Overseas Outlook Constantine Brown Business Mirror Oma UE Wai United Arab Republic Syria Yemen Moscow
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