This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
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
Mar 12, 1951
Page
4
A 1950 summary notes the RFC faced proposals to liquidate and replace it with government guarantees via Federal Reserve banks. Mentioned: disagreement from Acheson and other commissioners, RFC history from 1920s to present, proportion of loans under $100,000 versus large loans, and wartime roles.
Senate banking subcommittee probes influence in the Reconstruction Finance Corporation. Sen Kem proposes March 6 joint resolution to terminate the RFC, criticizing it as a royal fruit cake and arguing that control of federal funds must stay with elected representatives. Truman’s plans to move RFC linger, with proposals to shift units to Commerce and to the Housing and Home Finance Agency awaiting action. RFC life extended to 1954 with liquidation window. loan and investment cap set at 1.5 billion. earlier law limited new business and foreign loans. RFC created in 1942 to meet wartime needs.
Pa March 1 First National Bank closed after the death of its cashier and now reports a shortage of 1.25 million dollars with potential to rise. FDIC official Edward Teffs says total loss remains uncertain as investigators proceed. Wagner, 57, shot himself inside the vault last September 25. his estate faces a claim over 1 million dollars. His stamp and coin collection valued over 60 thousand may help reimburse losses.
Hiwanis Club voted a tribute to Major R W Brown who died in Florida on February 18. A volleyball game was arranged with a Rotary Club team. A large truck slipped off Rast Columbus Avenue and stalled in deep snow with no injuries. A woman fainted near a Hamilton Brothers paint store in Oil City. Miss Mary E Masterson, 28, is in serious condition in Oil City Hospital. Josephine Marie Johnson, year old, was treated after falling from a crib. A child injuries expected to heal in a day or two. City employed on street snow removal. Doris Bergman was bruised when struck by a car after stepping from behind a parked vehicle.
A trivia quiz asks ten questions on topics from world leaders to geography. It covers who led Japan, Churchill’s remark, the strait of Tierra del Fuego, tides, a Dutch governor, conic sections, lupine, a grammar correction, a cachalot, and the dog in Little Orphan Annie.
Kane March 12 A coroner s jury cleared Henry Olewinski 22 of Wilcox Pa of negligence in the crash that killed his mother a Wilcox girl Franklin N J man and two others. Olewinski severely injured at Kaul Hospital St Marys with very poor prospects for survival. Jones Morris S. of Ridgway was found at fault for swerving left into Olewinski s oncoming car.
Margaret Hollingsworth, 26, suffered 33 stitches for a knife wound to the right forearm during an argument precipitated by William Barbour, 35, in Erie. Hollingsworth said Barbour returned from his house with a butcher knife and stabbed her while trying to protect a friend. She was treated at St. Vincent's Hospital with 12 muscle and 21 skin stitches. Detectives McCurdy and Collins filed charges after she refused to name others involved.
General Ridgway, noting the high Communist casualty ratio to UN losses, says a Korean War end at the 38th parallel would be a massive UN victory but no current plan exists. He cites China’s potential impact and reports a surge of replacements as US troops arrive, while Taipei reports 290000 more Chinese troops headed to Korea and Mig-15 jets appear over the north.
Twelve U.S. Saber F-86 jets chased the speedier Migs back toward Manhattan as they damaged two enemy planes. None of the U.S. planes were shot down.
The day’s surprise saw North Korean defenses crumble on the ground in the east. Reds appeared to flee pell mell toward the 28th parallel, pressured by allied ground, artillery, and air power.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.