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This newspaper page contains 10 articles. Subscribers can read the full text of each article.
Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jun 23, 1958
Page
4
The article outlines Eisenhower defense plans facing opposition in Congress over manpower cuts, notes the House approving a larger Army budget, and describes NATO tensions as Greece withdraws personnel from Smyrna. It also discusses Cyprus disputes and the broader impact on U S defense policy and reciprocal trade extensions within the era's geopolitics.
A barn on Richard Anderson’s Kane area farm, about a mile south of Kane, was partially destroyed by fire yesterday afternoon. Two Kane fire units led by Fire Chief H D Gardner saved a car in the rear. The blaze confined to the roof and second floor. damage estimates were not available. The owner was away.
New York a year ago a Madison Avenue observer praised paladin on Have Gun Will Travel. Richard Boone reflects on riding horses, the show’s success, and his career as a Western actor. He notes actors must learn to ride and hopes TV Westerns endure despite changing tastes.
Six year old Wilda Cochran of Marienville died after being struck by a southbound 1955 Ford sedan driven by Thomas Hancock near Route 68 three miles south of Marienville. She was taken dead on arrival to Brookville Hospital. Driver Hancock, 28, from Sharon, was cited by State Police.
A fragmented column recalls events from 20 years ago with notes on Joe Wouls knocking out Max Schmeling in 124 seconds at Yankee Stadium before 70,000 fans and local items on injuries from Route 6 construction near Corry, police car purchase, and state political and civic updates in Pennsylvania.
The piece catalogs euphemisms for economic slowdowns from bottoming out to a saucer like recession and rollings readjustment. It notes that while economists parse terms such as wage price spirals and inventory adjustment, citizens see business as slow and unemployment worries rise, with inflation linked to higher prices.
The article discusses the evolving language for economic downturns. Economists distinguish between a mild slowdown and a deeper recession, noting the current slump affects durable goods and is broader than prior rolling readjustments. Some compare the pattern to a saucer, with a bottoming out and slow rise ahead.
John R Hiltchings Jr, 62, president of American Suppliers Inc, an American Tobacco Co subsidiary, died Saturday in Durham North Carolina. He led the firm and watershed industry efforts. The company and industry figures mourn the loss.
Jamestown Table Company won two federal contracts totaling 176 825 dollars for furniture to outfit Capehart Housing for servicemen and families. The Jamestown plant got 105 351 for 2 670 bedroom dining sets, while Salamanca plant won 1 750 dining room sets costing 71 474.
A five year old boy, Matthew Carson of Youngstown, fell from a dock at Pymatuning Dam and drowned in about five feet of water. State Police identified him as the victim. Two men using a rake from an outboard boat recovered the body around 8 p.m. Jamestown volunteers aided in CPR but could not revive him. The article also notes the United States hosted 36,404 foreign students last year.
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