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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 16, 1958

Page

10

How Slump Stacks Up to Postwar Recessions

AP analysis compares the current 1957-58 downturn with 1948-49 and 1953-54, noting steeper drops in industrial production and GDP, higher unemployment, and altered consumer and government spending patterns, while warning the path to recovery may differ due to these shifts. It details declines in production, GDP, and personal income, with unemployment rising to over 5 million and consumer spending down from peak levels.

San Asl

Mike Wallace reshapes image as a probing TV interviewer

A changed Mike Wallace debuts a meaty AB C TV program that probes American society through discussions with Reinhold Niebuhr Cyrus Eaton William Douglas and Aldous Huxley. He rejects the Peck’s Bad Boy label, aiming for ideas over sensationalism and reflects on past interviews and sponsor ties.

Charles Mercer New York Mike Wallace Wallace Peck Lord Faunteroy Fund For the Republic Reinhold Niebuhr Industrieist Cyrus S. Eaton Supreme Court William ©. Douglas Aldous Huxley Iteas

Wallace on ABC Contract and Television Ideas

Wallace discusses audience ratings and his ABC contract dating through May 1, 1959. He notes plans for a diverse, stimulating program focusing on public affairs, and weighs the appeal of personal versus news oriented series amid viewer expectations.

Wallace George V. Allen U. S. Information Agency ABC Ralber

Novels for Teens Available at Library for May Loans

The public library adds a May display of teen titles with a 2 week loan. Notable entries include Schoolboy Johnson by Tunis and Stars Are Ours by Norton among others by Shirreffs Norton Williams Tatham White Means Sherburne Norris Tunis Williamson Wyndham Furngren Trease Summers Summers and Metropolis.

Public Library iSherburne Speare The Nelson Glory of God iNorris Tunis Williamson Lady Architect Wyndham Furngren Hadrian Trease Summers ABC

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