Refinance Plan Targeted by City Officials
A small group of Erie city officials urge council to reconsider refinancing 200000 of this year’s bonded debt. They warn the plan would reduce the street revolving fund for 1956 while increasing debt service costs and budget pressures next year. Proponents argue the plan could fund bond costs and pay adjustments, but critics say it risks long term financial strain.
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Erie
Doubeltown
Pandora's
Sid F
Comncrimen
County Heads Decline Industrial Survey
Erie County officials refuse to fund an industrial survey citing a legal ruling by their solicitor, Jaco Hold. Commissioner Louis Reymek notes officials could be charged with malfeasance if they approved such a survey. Reymick says he will stand by the ruling and not pursue further legal action.
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Erie
Jaco
Ilegal
Surrey
Lous Reymek
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Bearded Cultist Jailed for Non-Support in Los Angeles
Francis A. Pencovic aged 44 known as Krishna Venta wore a yellow robe before police as he was jailed five days for failure to pay $110 monthly court-ordered support to his former wife Lucyle. He claimed cult vows left him with no money.
MENTIONED IN THIS ARTICLE
Francis A. Pencovic
Los Angeles
Lucyle
Krishna Venta
Pencovic
International
Strike Ends With Wage Pact At Peoples Co
The Transport Workers Union ended the strike after a 971 41 vote in Pityeburgh Iembera of Jooul 2716 last night. The union accepted a new two year wage agreement covering about 200 media men and drivers who struck on December 15 for Peoples Co.
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Pityeburgh
Iembera
Jooul
Transport Workers Union
Peoples Wbo Co
Sales Tax Debate Shapes Commonwealth Budget
Democrat Governor Leader argues for an $1.8 billion two year budget. Kessler pushes a 360 to 378 million near balance and cites a 42 percent sales tax aim at 975 to 400 million. Senator Mubing, a Republican, plans a sales tax discussion after January 10. If no accord emerges, action on sales tax remains possible. Senate Republicans set tax talks for January 16 as both chambers return after a recess including the State Farm Show.
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Kessler
Sen
Mubing
Senate
Republican Hour
Yim
State Farm
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Baal Hummer
R. D
Titusville
Readinger Senate GOP falters on sales tax plan
Readinger and the Senate GOP could not stay solid for a 2 percent sales tax. Its membership sits at the exact number needed to pass the bill. Sen Pechan Armstrong recuperating from surgery will likely be sidelined for weeks. Readinger concedes the 2 percent income tax proposed in the House last week cannot pass without Democratic defections supported by Republicans. The Democratic leader says no move will occur without prior bipartisan agreement.
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Readinger
Senate
GOP
Pechan
Armstrong
Wall Street mixed as market closes with narrow gains
The pulse of Wall Street shows a slightly higher tendency with a broad mix of gains and losses. The Dow-like list moves within a tight range, with several major issues trading modestly up or down, while others show minor declines.
Eisenhower Renames Shanley to Secretary Post
Associated Press reports President Eisenhower names Bernard Shanley to a new secretary post. Shanley had resigned November 16 after Eisenhower's heart attack, leaving the seat vacant for weeks. The move signals planned continuity in White House staffing and aims to stabilize appointments.
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Associated
Prem Washington
Eisenhow
Bernard Shanley
White House
Ewenhower
Eisenhower
Tuhua
Pn Vidh
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