Midyear optimism vs recession shadows hits business mood
The AP report notes a split economy at midyear with job losses and weak production easing, while stock prices hover near yearly highs and farm areas benefit from better prices. It highlights unemployment at 544 million seeking work, a 14 percent drop in industrial output from a year earlier, 3.3 percent higher living costs, and cautious spending by consumers and firms amid policy talk and gold outflows from Fort Knox.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
De Gaulle Paths Trade Pact With Peiping Amid Independence Talks
Paris reports Gen. de Gaulle ready to tell Dulles in Paris on July 5 that France will pursue a limited trade agreement with Red China He aims to show independence from heavy American influence while staying pro Western And he plans to press domestic reforms to consolidate his grip on power involving Algeria and the military factions.
MENTIONED IN THIS ARTICLE
Paris
Charles de Gaulle
Dulles
France
China
de Gaulle
Mao Tse-tung
Red China
Briand
Clemenceau
National Assembly
U. S
Algiers
De Gaulle Powers Stir Socialist Leader Mollet in Algeria
The Cedar Rapids Gazette reports that Guy Mollet head of the Socialist party travels with De Gaulle to Algeria. Mollet, now a minister, opposed extraordinary powers while the Socialists and Communists resisted. Dulles and other Jewish leaders may face surprises amid new Franco relations.
MENTIONED IN THIS ARTICLE
Algeria
France
Committee of Public Safety
de Gaulle
Fuehrer
Cedar Rapids
Guy Mollet
Socialist Party
Mollet
Dulles
Frere de Gaulle
Defense official comments on Vanguard program stance
Deputy Secretary of Defense Donald A. Quarles says a single successful launch does not prove plans to abandon the Vanguard program. He cautions against reading the success as a signal of immediate strategic shifts.
MENTIONED IN THIS ARTICLE
Donald A. Quarles
Secretary of
Defense
Buffalo
Defense Department
Navy
Robeson and Lamont Granted Passports After Court Ruling
Paul Robeson and Corliss Lamont received passports after years of effort. Robeson sought one since 1950 and Lamont since 1951 despite prior denials over Communist association. Robeson plans a London trip in about two weeks for stage TV and radio work.
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New York
Paul Robeson
Corliss Lamont
Robeson
Lamont
Columbia University
Supreme Court
London
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