West German economy faces uncertain post reform path
West German life after the June currency reform shows stores opening in cities and better earnings for coal miners, yet the economy remains fragile. Officials worry about price and wage controls, property value fairness, and the persistent black market as the new mark trades below its rate. Observers question how long the boom will last as hoarded goods emerge and purchasing power fluctuates.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
Youths Say They Learned Crime from Library Book
Chicago youths Richard O'Connor aged 19 and Walter McCaffrey aged 18 were sentenced to 18 months in jail after telling police they used ideas from the borrowed book Modern Criminal Investiga- tions in planning crimes.
MENTIONED IN THIS ARTICLE
Chicago
Richard O’connor
Walter McCaffrey
Burglars Caught After Eight Store Robberies
Police traced the getaway car to a pair of alleged burglars who confessed to eight store robberies totaling about $10,000. The suspects, described as serious students of the craft, told Judge James McDermott they lost most of the proceeds placing $50 bets on horse races.
MENTIONED IN THIS ARTICLE
Tion
James McDermott
Czech Criticizes U S Atom Stand in UN Debate
Czechoslovakia's foreign minister Vladimir Clementis accused the United States of using its atom bomb stockpiles to wage the cold war. He endorsed the Soviet resolution for abolition of the atom bomb and its replacement with a global atom control regime at the UN political committee session.
MENTIONED IN THIS ARTICLE
Paris
INS
Czechoslovakia
America
Vladimir Clementis
Andrei Vishinsky
United States
Clementis
United Nations
Also Mentioned on This Page
John M. Roberts, Jr
AP Foreign Affairs
Roberts
Cedar Rapids
Nya Ao
Office Outfitters
Lydia
jWeoney
U.S
Armstrong Coats
Armstrong's
Armstrong
Hickey Freeman and
Hart Schaffner & Marx
Armstrong Men's Clothing
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