Inflation Threatens Economy In 1962 Foreseen By Economist
Dr Waller W Heller, head of the President's Council of Economic Advisors, warned at Hot Springs that inflation could threaten full employment as recovery continues. He urged price and wage restraint and praised President Kennedy's call for stability while urging industry leaders to forego price increases. The talk to the Business Council, including 100 top corporations, stressed productivity and balanced gains, with a pledge of responsible wage bargaining for next year.
MENTIONED IN THIS ARTICLE
Hot Springs
Kennedy
Industry Today
Waller W Heller
Holler
United States
Roger M. Blough
Tisted
States Street Cor
Heller
Witter
Blough
David J. Mc Donald
United Steelworkers
Unis
Helter
Youth, 16, Struck By Two Young Men
Iva Johnson reports her 16 year old son Billy was accosted by two young men as he walked home on Sixth Avenue. A male passerby allegedly struck the boy with a fist from a nearby car containing the pair. Police pursued a description of the vehicle and occupants but found no leads by nightfall.
MENTIONED IN THIS ARTICLE
Iva Johnson
Sixth Avenue
Billy
Johnson
Deckr
Pollow
Campaign drive in Corry nears one third goal
A breakfast report from Corry shows the annual fund drive near 33 percent of its 300 900 goal with 23 469 pledged. Local business units led by General Telephone Corty Caneyere and Grave Co and Citizens National Bank report strong progress. The Industrial Employees Division notes 46 percent with 3 , 7 7 7 pledged of 2 200, while the Institutions Division stands at 42 percent with 5 84 84 of 8 200. Two divisions have yet to report, including Special Gifts and Townships, the latter staffed by Red Cross personnel. The Men’s Division is handled by Burk's Barbarians.
MENTIONED IN THIS ARTICLE
Corry
Gary
General Telephone
Corty Caneyere and Grave Co
Citizens National Bank Corry Jamestown Corp
Tndusila
Rayawad Weber
John Wilton
A. Brice Smith
Red Cross
Frank Dodd
Speniag
Burk’s Barbarians
Brothers of the Brush
Corry Youth Shot In Area Gun Mishap
A one year old South Center Street youth accidentally shot himself in the right leg while target shooting with friends near Columbus. Fredericke Diemer of South Center Street reported the incident to Corry State Police. the wound is a 22 caliber bullet in the leg. Companion David Taylor of East Street helped move the boy to Curry Memorial Hospital. Troopers said information will be turned over to Elmer Simpson, Erie County game protector, for investigation.
MENTIONED IN THIS ARTICLE
South Center Street
Columbus
Curry Memorial Hospital
Les
Fredericke Diemer
South Center
Corry Hospital
Elmer Simpson
Erie County Game Protector
Driver Allegedly Dozed Before Route 77 Crash
Corry state police report a 22 year old driver Thomas B Hunter Jr of Spartansburg Corry road reportedly dozed at the wheel. His vehicle left Route 77, struck a utility pole, causing about 300 dollars damage to the truck and 100 dollars to replace a sole. Charges pending further investigation.
MENTIONED IN THIS ARTICLE
Menavie
Spartansburg
Corry
Thomas B. Hunter Jr
Spartansburg-Corry
Charers
Ased Agaist
Minister's Child Drowns In Septic Tank Hole
An 18 month old boy, Stephen M. Tice, son of Rev and Mrs Tinmy Tier, fell into a 10 foot septic tank hole in the backyard and drowned in about two feet of water. Police report the Somerset County incident occurred yesterday as the child played near the hole.
MENTIONED IN THIS ARTICLE
Weet
Phy
Somerset
County Hoy
Stephen M. Tice
Tinmy ‘Tier
Cuba Plans to Blast U S Satellites at CAS Meeting
Havana reports Cuba will not attend the Organization of American States consultation on the Cuban crisis, calling Peru and other critics a threat to the hemisphere. Raul Roa denounces the OAS as a colonial instrument and accuses the United States and CIA of orchestrating anti Cuban actions.
MENTIONED IN THIS ARTICLE
Havana
Cuba
United States
Ubs
Borelen
Raul Renauld
Roa
Peru
Organization of American States
Manuel Prado
OAS
Castro
State Department
Central Intelligence Agency
Dean Rusk
Intercepted Nigeria Letter Sparks U S Student Claim
In Los Angeles an American student Craig Walker 22 Occidental College reports a Nigeria post letter he wrote to a friend disappeared and later appeared in a Nigerian paper claiming the Nigerian government is corrupt and irresponsible. The American Embassy in Lagos probes the matter amid a past postcard controversy involving a Peace Corps volunteer.
MENTIONED IN THIS ARTICLE
Los Angeles
Nigeria
Lagos
Craig Walker
Occidental Calles
Peace Corps
U.S
Margery Michelmore
Thadan College
Six Nations Demand Russia Stop Bomb Tests at UN Soon
United Nations reporters say Six Nations push a Canada led resolution urging Premier Khrushchev to cancel plans for a new nuclear explosion. The 11 nation Political Committee resumes debate on halting tests with anticipated broad support for a Canada Denmark Norway Iceland Sweden led measure. U.S. Ambassador Stevenson rejects the need for explosive weapons and warns of no military purpose. a broader test ban treaty is urged.
MENTIONED IN THIS ARTICLE
United Nations
U.N
Khrushstey
U.S
Adlai B. Stevenson
United States
Stevenson
Red Chinese Albania Rift Not Serious Says Moscow
AP dispatch reports Khrushchev, Albania and China trading critical remarks over peaceful coexistence. Chen En-lai’s Albania stance appears tame, with both sides urged to resolve disputes within Marxist Leninist framework. The Soviet party congress audience reacted with muted applause as tensions surfaced.
MENTIONED IN THIS ARTICLE
Moscow
Albania
Perpine
Khrushchev
Enver Hoxha
Trys
Chow
Paris
Yagoslavia
Party Presidiium
Corry Jamestown Plant 1 Adopts Four Day Week
Corry Jamestown Corp Plant No 1 shifts to a four day week for two weeks due to delays in component parts from other manufacturers. About 86 employees in the custom items unit will be temporarily laid off through the shipping and machine departments to the end of the period as officials say the schedule is adjusted while parts arrive.
MENTIONED IN THIS ARTICLE
Corry -Jamestown Corp
Five Die, Fire Hits Greenshire Clothing Store
A major blaze at a Greenshire clothing store claimed five lives including a co owner and four women believed to be employees. About 13 people were hospitalized with smoke inhalation and injuries. most treated at the scene or the hospital. Fire crews battled the four story blaze for hours as a crane and ladder trucks operated near the entrance.
MENTIONED IN THIS ARTICLE
Piremen
Westmoretanid County
Alex Cohen
Elsie Merlino
Cecelia Lawrence
Betty Rojohn
Katherine Gallo
Greenshire
Larose
Pen
Conta
Wally Wold
Wascoe Mtl
Lnspiint
Tad Tiven
Edward Hutchnson
Mead Park Gets $2000 Bridge Under Way
Mead Park advances a new bridge project linking the park road over the pond at Mead Park. George Tinka of Corry is the main bidder at about 2060 dollars. The span will be 20 feet high with a reinforced tube unit bridge carrying bikes and water flow. Newwill Bringer, president of the Mead Park Association, says the bridge will improve park safety by guiding traffic and keeping anglers away from the roadway.
MENTIONED IN THIS ARTICLE
Mead Park
Tournal Phatni
Mead Poyrls
Sk Tatke Bridge
Los
George Tinka
Corry
Iva
Prunlbings
Jushire
Nui Mead Park
Huguduuy
Newwill Bringer
Meni Paris Assocition
Ness Bridge
Park Randem
Portable Mount Fire Rescue Sparks Street Department Tale
A chaotic incident near a street department yard involved a portable mount, drivers George Collier and Lea Neckers, and ruck driver Berl Yard Guilder. Guilder opened the large doors and grabbed a hose, Col lier activated water, and Guilder directed a stream at a dump truck full of leaves that caught fire, supposedly ignited by hot coals in the leaves.
MENTIONED IN THIS ARTICLE
Cy ryreMeRyemeyriey
Mohammed
Streets Department
Rished
George Collier
Lea Neckers
Berl Yard Guilder
van Guilder
Collier
VanGuilder
Car Misses Curve as EL Train Strikes Near Bear Lake
A late night crash between a car driven by Gerael Lelio of Jamestown and an EL train near Bear Lake left the car wrecked in a ditch along the Erie Lackawanna tracks. Lelio and a trio of youths pulled the vehicle free with a tractor but the train still struck the car, breaking a coolant pipe. No one was hurt. the train continued to Meadville after authorities secured the scene.
MENTIONED IN THIS ARTICLE
Suelman
Columbus
Bear Lake
NG Ger
Geraeime
Lewis
An EL
Sid
Meadville
Also Mentioned on This Page
Atcas
Castroist
George Tinko Construction
Russia
UN Group
Nikita
RED China
Chou En-tai
Red Ching
Communist Party Congress
Muscow
Chou
Nikita Krushchev
Tae
Ted
China
Pralley
Jap Wirephato
New York
America
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