Economy Surges Beyond Expectations in Half-Year Review
New York report says U S economy climbs past forecasts with record consumer buying. GNP reaches 370 billion dollars, durable goods boom afloat as housing and inventories surge, industry racing ahead while stock gains lag. Inflation fears and strike risks cloud a faster recovery outlook.
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Third President Of Penn State Remembered As A Scholar
MiVinuis Fraser, a Scotsman and Civil War Union general, became Penn State’s third president in 1866. Educated at Aberdeen, he expanded the curriculum beyond agriculture, adding mechanical and civil engineering, metallurgy, and mining while replacing campus labor with practicums. Fraser’s tenure, marked by reform and broadened study, aimed to attract more students and modernize the institution.
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