Eisenhower Cautions On Economy As Slump Lifts
President Eisenhower said the recession has largely spent its force but warned against expecting a rapid upturn. He noted some indices hint at improvement while durable goods lag, and he opposed broad tax cuts now. He urged restraint on wage and price controls and supported Alaska and Hawaii statehood.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Presbyterian Church Union Made Official
Twelve hundred ministers and elders march in rain to seal the merger of the Presbyterian Church in the U S A and the United Presbyterian Church of North America. The new body to be named in the U S A includes 9 462 churches and over 3 million members in Pennsylvania and Ohio.
MENTIONED IN THIS ARTICLE
Pittsburgh
UPI
Harold Martin
Robert Montgomery
Presbyterian Church
U.S.A
United Presbyterian Church of North America
Pennsylvania
Ohio
United Presbyterian Church
Auto Union Seeks Government Mediation in UAW GM Talks
The United Auto Workers asked for Federal Mediation and Conciliation Service involvement to break a contract deadlock with General Motors. GM rejected the move, saying negotiations should continue without outside mediation and that such help would accomplish nothing.
MENTIONED IN THIS ARTICLE
Detroit
United Auto Workers
General Motors
UAW
Federal Mediation and Conciliation Service
Steamroller narrowly misses boy after bicycle accident
In Springfield Missouri Dennis Surrey aged 9 fell from his bicycle into the path of a 5 ton steamroller Tuesday. The driver backed over his foot before stopping. Dennis was rushed to a hospital where doctors found only scratches and bruises with no serious injuries.
MENTIONED IN THIS ARTICLE
Springfield
Dennis Surrey
Dennis
Statehood Vote Clears House for Alaska Admission
The House passed the bill to admit Alaska as the 49th state by a 208 to 166 vote after defeating two measures to return it to committee. It advances to the Senate, which previously showed support but rejected the measure in 1950 after House approval. Opponents had earlier struck the enacting clause to kill the measure, but that action was reversed.
MENTIONED IN THIS ARTICLE
Washington
UPI
House
Alaska
Senate
House Mortgage Insurance Halted by FHA in Iowa
Des Moines report says the Iowa FHA office halted issuing mortgage insurance while awaiting congressional action on a 4 billion authorization increase. Iowa director F C Wahrman warned the pause could cripple building for up to ten days, though applications will still be accepted to stock commitments once Congress acts.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Federal Housing Administration
FHA
Washington
F. C. Wahrman
Congress
Wahrman
Soviets Delay Yugoslavia Credit Arrangement
Belgrade AP reports the Soviet Union postponed for five years a credit agreement with Yugoslavia. The move tightens economic relations and signals Moscow’s leverage over Belgrade amid ongoing Cold War tensions.
MENTIONED IN THIS ARTICLE
Belgrade
Soviet Union
Yugoslavia
Begin Summer Hours In Stores Saturday Cedar Rapids
Cedar Rapids stores will adopt summer hours from Saturday through August 30. Following the Chamber of Commerce Retail Merchants bureau plan, shops open 9 a.m. to 5 p.m. daily and Saturdays, with Thursdays staying open to 9 p.m. Stores may start at 9 30 a.m. instead of 9.
MENTIONED IN THIS ARTICLE
Cedar Rapids News
Cedar Rapids
Retail Merchants Bureau
The
Chamber of Commerce
Bureau
Eisenhower signs largest postal rate and pay increase
President Eisenhower signed the postal bill approving the biggest rate hike and pay rise in history. First class letters rise to 4 cents on August 1, a 10 percent raise for about 520,000 postal workers, with broader pay increases for civil service employees and a long stalled modernization plan.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Congress
Post Office Department
Senate
House Civil Service Committee
Department
French Assembly Displays Courage Amid Troop Talk
The Paris National Assembly votes 403 to 165 to keep Pierre Pflimlin’s cabinet in office amid pressure from Gen. de Gaulle and paratroopers near Paris. Police guard the chamber as deputies push through the night amid threats of military intervention.
MENTIONED IN THIS ARTICLE
Paris
French National Assembly
Algeria
Corsica
de Gaulle
Pflimlin
Toulouse
Lyon
Moderate quake rocks region near San Francisco
A moderate earthquake 75 miles south of San Francisco was recorded Tuesday by the University of California Seismograph. There were no reports of damage.
MENTIONED IN THIS ARTICLE
Berkeley
San Francisco
University of California
Skyways Set Up for Air Safety
The Civil Aeronautics Board created three continental super skyways to reduce collision risk. By June 15 all flights within 40 mile wide corridors will be ground controlled from 17 000 to 22 000 feet, separating planes by at least 1000 feet vertically and 10 minutes horizontally.
MENTIONED IN THIS ARTICLE
Washington
Civil Aeronautics Board
Los Angeles
San Francisco
New York- Washington
Civil Aeronautics Administration
CAA
CAB
Congress
Extension of Taxes Voted by House Ways and Means
Washington AP reports the Ways and Means Committee approved a one year extension of corporate income and excise taxes by a 21 to 2 vote and sent the measure to the House. An amendment to reduce the 10 percent excise tax on new cars to 7 1 2 percent was rejected 19 to 2.
MENTIONED IN THIS ARTICLE
Washington
Tates
House
Ways and Means Committee
Machrowicz
D-Mich
Mothballs Used To Rout Pigeons At Boston University
Boston University announced it purchased 300 pounds of mothballs to drive pigeons from the BU field. The plan aims to cut the yearly cleanup costs caused by the birds by using the odor to deter them.
MENTIONED IN THIS ARTICLE
Boston
Boston University
University
B.U. Field
Braves Field
All's Confused In French Crisis
Paris reports a government official dodges questions on the state of emergency and Wednesday demonstrations. The reporter presses about bans and the official offers only that there is no explanation.
MENTIONED IN THIS ARTICLE
Paris
Eisenhower Says He Likes De Gaulle and Prefers Partners
President Eisenhower told reporters he is among those who like Gen. de Gaulle and cited long friendly ties from World War II. He discussed the difficulty of solving foreign crises, stressing that the US must act as a partner not a dictatorial boss and that actions affect other nations.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Gen
de Gaulle
NATO
Europe
U.S
Formosa
France
Iowa to Pay Korea Bonus in September
Iowa moves toward paying a state Korea veteran bonus with about 100 000 eligible veterans expected to average 250 dollars each. Payments depend on bond sale completion and staff setup, with a September start possible after a 24 percent maximum rate sale and final procedural steps.
MENTIONED IN THIS ARTICLE
Iowa
Korea
Des Moines
Lowa
Korean Bonus Board
Herschel Loveless
De Gaulle Returns Amid Paris Protest and Political Turmoil
Gen Charles de Gaulle sped to Paris after being summoned by President Rene Coty as 30,000 Parisians protested his return. Premier Pflimlin’s government faltered with independents quitting, while Coty sought a successor amid civil strife threats and regional unrest including Algiers demonstrations for a strong leader.
MENTIONED IN THIS ARTICLE
Paris
Charles de Gaulle
Rene Coty
de Gaulle
Guy Mollet
Antoine Pinay
Pierre-Henri Teitgen
Catholic Popular Republican Movement
Coty
Pierre Pflimlin
Pflimlin
France
Texas Millionaire Left 290000 in Hidden Coins
Houston AP reports late James M. West left an estimated 290000 in silver dollars and coins in a secret cellar of his mansion. An armored car moved coins to the Texas National Bank. counting continues. Widow Alice Sneed West and two daughters are primary heirs with trusts for four grandchildren.
MENTIONED IN THIS ARTICLE
Houston
James M. West
Robert H. Parsley
West
Texas National Bank
Houston Post
Houston Federal Reserve Bank
Alice Sneed West
Margene Lloyd
Marian Blakemore
Midland
Texas
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Presbyterian Church Union
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By Preston Grover
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Paul Ramadier
Jean Lipkowski
Lipkowski
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Today's Index
Ethene
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Associated Press
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la Republique
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Pimlin
Algiers
James West