Hodges Pushes Growth Drive to Spur Economy
Washington report on Commerce Secretary Hodges launching a sprawling campaign to boost faster economic growth through export expansion. He orders all bureau chiefs to submit campaign plans by June 30 while 23 industry divisions analyze sales profits and exports from the past decade. The effort, aided by the President's Council of Economic Advisers, targets a 15 percent annual production rise and a doubling of growth from recent years.
MENTIONED IN THIS ARTICLE
Washington
Luther H. Hodges
State
Treasury
Cies
Hodges
Commerce
Council of Economic Advisers
James Tobin
Commerce Department
Edward Gudeman
Sears, Roebuckment
Op& Co
U. S
Over The Counter Rally Halts Unlisted Stocks Slide
A Friday rally in New York trading halted the retreat of unlisted stocks after a week of decline. Short covering and bargain-hunting by institutions aided a late rebound, though many issues still finished near their lows. Industrials showed uneven gains while insurance shares recovered slightly from a bear-market nadir.
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The
New York Times Co
NEW York
Bankers Trust
Incee
A. C. Nielsen
Control
Kaiser Steel
Papercraft
Pawar
Ews
G. D. Searle
Sprague Electric
Eloge
Far West 7
Dial
Howareson
Worth O
Martine
Catholic laymen seek larger role in church affairs
The rising voice of Catholic laymen argues for broader participation in church governance. Bishop Hodges and delegates at the Holy Name Society convention discuss lay involvement, church education funding, and separation of church and state amid parochial school integration concerns and calls for greater lay influence, while noting bishops retain authority.
MENTIONED IN THIS ARTICLE
Watters
iCatholic
Joseph H. Hodges
Holy Name
South
Graham Crusade Draws 116000 To Soldier Field
Billy Graham closed his 19 day Chicago crusade at Soldier Field before a crowd estimated at 116000. He warned America is in decline citing sex binge lust for pleasure weapon buildup and waning religion as major factors. The final rally drew 4000 choir members plus thousands in bleachers and on the grass.
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Chicago
Billy Graham
United States
Graham
Soldier Field
America
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