Iowa Gov vetoes tax extension and targets state revenue
Gov. Loveless vetoed a bill extending the 2 1/12 percent sales tax beyond July 1 and announced mass vetoes on capital improvement bills. The revert to 2 percent sales tax takes effect midnight June 30, with income taxes dropping 6 percent and corporate taxes 33 percent. A special session is planned to re enact the measures.
MENTIONED IN THIS ARTICLE
Des Moines
Herschel C. Loveless
Loveless
Board of Regents
Board Loveless of Control
Iowa Conservation Commission
Benny Hooper Returns Home From Hospital
Benny Hooper seven year old who survived a 24 hour well rescue returned to Manorville New York with his parents amid gifts including a $450 miniature battery powered car and a Rin Tin Tin puppy. He enjoyed photo sessions before leaving Bayview hospital with his family.
MENTIONED IN THIS ARTICLE
Manorville
N. Y
Benny Hooper
Benny
Bayview Hospital
Mastic Beach
Rin Tin Tin
Benjamin Hooper
Fearful adoptive parents win bid to keep child in Florida
Florida Gov. Leroy Collins refused to extradite Melvin and Betty Ellis to Massachusetts, ending years of fear for Hildy the six year old. The couple faced kidnapping charges after fleeing with the child two years ago. Collins cited legal grounds and equity, praising the Ellis as the child’s loving guardians.
MENTIONED IN THIS ARTICLE
Tallahassee
Fla
Ins
Melvin B. Ellis
Florida
Leroy Collins
Massachusetts
Ellis
Hildy
Collins
Gov. Collings
Eisenhower rules out tax cuts at expense of security
President Eisenhower said he will not promise a tax cut if it harms national security. In a telephone message to a New Jersey Republican meeting, he urged budget discipline and endorsed an item veto to cut wasteful spending. He cited a 1954 tax reduction and said careful planning could allow a future tax cut for every taxpayer without deficits.
MENTIONED IN THIS ARTICLE
Washington
INS
Eisenhower
Trenton
N. J
Subpoena Served Dave Beck Jr in Seattle
Dave Beck Jr son of the Teamsters boss was served with a senate rackets committee subpoena in downtown Seattle. He was tagged at a truck welding company office by two deputy U S marshals. He had been one of three missing men sought as witnesses.
MENTIONED IN THIS ARTICLE
Seattle
INS
Dave Beck, Jr
Teamsters
Senate
Beck
U. S
Cohen Plans To Sue Chief Parker
Former gambler Mickey Cohen arrived from the East and said he will file a libel suit against Los Angeles Police Chief William Parker. Cohen said Parker spread word that Cohen suffered brain damage in prison and criticized police conduct. He spoke with Mike Wallace in New York about Parker in harsh terms.
MENTIONED IN THIS ARTICLE
LOS Angeles
Mickey Cohen
William Parker
Cohen
Chicago
New York
Mike Wallace
Parker
Credit Controls Held Unadvisable By Fed Study
Washington AP The Federal Reserve Board after a year long study said Friday that it would not be advisable to clamp federal controls on consumer installment credit.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Tornado Hits West Texas Town of Olton
A Friday afternoon tornado struck Olton Texas a town with more than 1000 residents initial reports say about 25 houses were destroyed but casualty figures were not yet known.
MENTIONED IN THIS ARTICLE
West Texas
Olton
Texas
West
United States Eyes Partial Global Arms Scrap Pact
Top U.S. officials outlined a plan to scrap 10 to 15 percent of major weapons and create international arms control depots for carriers. Harold Stassen will present the proposal in London as five power talks resume, aiming to bar nuclear weapons production to the three existing holders. The plan also suggests an inspection zone and excludes China from nonproliferation terms without firm tradeoffs.
MENTIONED IN THIS ARTICLE
Washington
INS
Harold Stassen
London
U.S
Soviet Union
Britain
Russia
China
Plane Downed in Dodging Tornado
A transport plane carrying 39 passengers and a crew of three suffered injuries when it struck a thunderhead while dodging a tornado near Clovis New Mexico The craft en route from San Antonio to Cheyenne with airmen bound for Warren AFB made an emergency landing at Tucumcari New Mexico The plane appeared undamaged and continued its flight after landing.
MENTIONED IN THIS ARTICLE
Clovis
N. M
San Antonio
Cheyenne
Warren Air Force Base
Wye
Tucumcari
N.M
No Twins She Loses $25,000 Bet on Births
New York report says Jean Blechman a Freeport mother of two sets of twins failed a Lloyds of London bet that she would again have a multiple birth. The 29 year old wife and her 33 year old husband faced a $25,000 payout at 14 to 1 odds after her single birth.
MENTIONED IN THIS ARTICLE
New York
Jean Blechman
Freeport
N.Y
Lloyds of
Congress Mail Shows Ike's Budget Pleas Gain Support
A Friday survey shows Eisenhower's two budget appeals widening public support for deeper cuts though not a landslide. Senate mail shows sharper shifts after his speeches, with many letters from women. House response remains less favorable, reflecting limited impact in Congress.
MENTIONED IN THIS ARTICLE
Congress
Ike
Washington
INS
Eisenhower
Congressional
Senate
House
Smith
R-Nj
Rayburn
Texas
House Appropriations
Cannon
D-Mo
Rep. Taber
N.Y
G.O.P. Appropriations Committee
Theater tickets spark last minute plan mix up
A husband calls at 4 p.m. to tell his wife he has two theater tickets. She starts dressing, but he reveals the tickets are for tomorrow night, creating a humorous mix up in plans.
Adenauer in U.S. Applauds Alliance
West German Chancellor Konrad Adenauer said in New York that the Western alliance offers the best guarantee for world peace and German reunification. He arrived from Bonn for talks with U.S. leaders and will visit Gettysburg as Eisenhower’s guest before returning to Washington.
MENTIONED IN THIS ARTICLE
New York
Konrad Adenauer
West Germany
Germany
Adenauer
Bonn
Gettysburg
Eisenhower
Washington
Riots in Taipei Wreck U S Embassy injuring Americans
Chinese mobs in Formosa attacked the U S Embassy and other facilities injuring at least nine Americans. Martial law was imposed as Chiang Kaishek troops moved in to restore order.
MENTIONED IN THIS ARTICLE
Taipei
Formosa
U. S
China
Hollington Tong
State Department
Washington
Formosan
Chiang Kai-shek
Karl Rankin
George Yeh
Yeh
Living Cost Sets Record With April Price Jump
The government reports April living costs rose, driven by food prices, pushing the consumer price index to 119.3 in the 1947-49 base. It marks an eighth straight month of records and raises wages for 1.4 million workers under index-linked contracts.
MENTIONED IN THIS ARTICLE
Washington (Lp
Bureau of Labor Statistics
Republican raps the arms stand over defense budget
Rep Scrivner of Kansas says Eisenhower was misadvised on the two and a half billion defense budget. The GOP air force subcommittee member notes 33.5 billion will provide a big defense and argues 36 billion would not yield safety if the smaller sum fails. He says views differ with the President but his conclusions are honest and conscientious.
MENTIONED IN THIS ARTICLE
Washington
INS
Rep
Scrivner
R-Kan
Eisenhower
G.O.P
Air Force
Coe Graduate Creates Revolution in Glass Making
Iowa News notes Dr S Donald Stookey a Coe College alumnus now head of Corning Glass Works fundamental chemical research department announced Pyroceram a material harder than steel lighter than aluminum by mixing invisible crystal forming seeds into glass making. Pyroceram’s first use will be radomes for guided missiles as it nears practical use.
MENTIONED IN THIS ARTICLE
Iowa News
Coe College
Fundamental Chemical Research
Corning Glass Works
S. Donald Stookey
Stanley Stookey
North English
Corning
N. Y
Dr. Stookey
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Iowa
Glenn Sarsfield
Miniature
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Today's Index
Chief Parker
William Theis
Bridges
N.H
Ives
R-N.y
Russell
D-Ga
Conn
Gazette
International News Service
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U.S. Military Advisory Group
Alexander Boase
Carl Ackerman
Rankin
Hong Kong
Chiang
G.I
M/Set
Robert G. Reynolds
Cobra
Clark Air Force Base
The
Philippines
Manila
Reynolds
Tong
Senate Foreign Relations Committee
Fulebright
D-Ark
Mansfield
Coe Graduate