Prices Rise in Recession Not Unique Says Expert
Sylvia Porter reports economist Jules Backman of New York University analyzed price trends across business downturns since World War I. He finds price growth during recessions occurred in five of eight periods, with only two large declines in the 1930s and early 1920s.
MENTIONED IN THIS ARTICLE
New York
Econome
National Industrial Conference Board
Jules Backman
New York University
Backman
Price patterns and policy risk in recession history
The quote discusses how people recall price ties from the 1930s and postwar periods, and warns that misreading typical price cycles can lead to wrong anti recession policies. Backman stresses recognizing the trend to avoid complacency and avoid mistaking normal patterns for unique crises.
Campaign urges Americans to donate a dollar to their party
The Advertising Council and American Heritage Foundation unveiled a campaign to educate citizens to contribute at least one dollar to their chosen party. President Eisenhower and party chairs endorse it as a way to broaden participation and curb influence from large donors.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Advertising Council
American Heritage Foundation
Meade Alcorn
Paul M. Butler
Notice of Executor Appointment in Linn County Iowa
On the 7th day of 1958 the undersigned was appointed and qualified as Executor of the estate of Harriet Bru baker, deceased, of Linn County Iowa. All indebted persons must pay promptly and any claims should be duly authenticated in the office of the Clerk of Linn County District Court. Maurice L. Nathanson, Attorney for Executor Merchants National Bank of Cedar Rapids.
MENTIONED IN THIS ARTICLE
State of Iowa
Linn County
Harriet Brubaker
Iowa
Slack
Erchants National Bank OF
Cedar Rapids
Maurice L. Nathanson
Hildegard Freeman
Campaign funds split among national and local party groups
A description notes that funds raised will be allocated to the parties national state and local campaign organizations as part of a pilot or experimental campaign setup. It emphasizes distribution across levels without detailing recipients or amounts.
Unexpected Catch Nets Duck While Fishing
Mrs. Virginia Croft fished the Tennessee river in Memphis Tuesday and hooked a flying mallard among her casts. The accidental catch ended when the mallard was freed without injury to the bird or the fisher.
MENTIONED IN THIS ARTICLE
Memphis
Virginia Croft
Tennessee
Executors Named in Iowa Estate Notice
Executors Inez Imler and Carl Hendrickson announce their appointment in No 26275 Linn County Iowa for Hildegard Freeman estate. All claimants must file authenticated claims with the Linn County District Court Clerk. May 14 1958 is noted as the appointment date.
MENTIONED IN THIS ARTICLE
Inez Imler
Carl Hendrickson
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