Alabama Riots Threaten U S Prestige in Global Affairs
By Inez Robb, a New York columnist argues that student riots in Tuscaloosa undermine American diplomacy and prestige abroad. The piece compares public mood to Cassandra and Oswald, and questions Western resilience amid anti colonial tensions in Africa and the Middle East.
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Pearson apologizes over Eisenhower timber land claim
Washington AP columnist Drew Pearson apologizes to President Eisenhower for alleging the President intervened in the Al Serena timber land case. Pearson says he believed the report then but cannot prove it existed beyond one man's imagination. The Oregon Rogue River forest patent dispute drew criticism of timber rights.
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Rising trend of bank mergers draws concern in Congress
The AP reports that 594 commercial banks merged away last year reducing the billion-dollar class to 17 survivors with deposits totaling 51.371 billion by 1956. Congress passed a bill banning asset acquisitions that create monopolies or curb competition while banks seek larger capital and loan power. San Francisco’s Bank of America remains the leader with about nine billion in deposits. The Kenny Hofer Show airs Monday 8:30 PM on Channel 9.
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Brazilian stowaway to U S awaits return home
Wanderley de Cunha Camargo a 20 year old Brazilian airport worker rode a Pan American DC 6 in the nosewheel compartment from Sao Paulo to Idlewild then leapt out Saturday night. Found hours later rummaging near the field he awaits immigration processing before flight back to Brazil.
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