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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jun 03, 1959
Page
4
Publication details for the Corry Journal include staff roles and AP rights. It lists pricing for mail subscriptions and carrier sales along with advertising deadline and office locations in New York and other cities.
Washington AP reports the upcoming Senate hearing over President Eisenhower's choice of Strauss as secretary of commerce may eclipse past confirmations. Strauss, ex banker and advisor to Rocketeers, would require Senate approval for the post with critics planning delays and potential filibusters.
A Republican floor leader states the house killed the tax bills this session. The turmoil centered on a horse racing issue and a proposed levy. Democratic leaders warned of a stalled agenda while Republicans held back until budget review.
Corry High School plans the fifth annual commencement with 112 graduates the largest in school history. The event will be held in the high school auditorium next Wednesday with Rev Bergman presiding at the Community Church service tomorrow in Cohini.
In Corry a 1919 council meeting paused a motion to demand better electric service from the Corry City Electric Light Company. Reports mention public concern over rates and taxes while debates centered on needed school funding and municipal expenses. The session touched on balancing expenditures with rate changes and public service needs.
The Federal Reserve heads off a possible inflationary boom after the 1953–54 recession. It tightens money with higher discount rates and cautious Treasury security moves while keeping funds available for deficits. Demand for funds rises and interest costs climb, impacting smaller businesses first.
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