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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 28, 1958
Page
3
President Eisenhower rejects immediate tax reductions citing a shrinking recession and rising federal deficit. He warns rapid spending may fuel inflation while some urge excise tax cuts to aid autos railroads and other sectors. Warm weather boosts factory orders and consumer spending as capital goods endure a lull.
Otterton England parish council took control of an empty fire station unused for 10 years amid a mix up over ownership with the county council. Both sides had believed the other owned the property.
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