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Newspaper
Cuero Record
Location
Cuero, Texas, United States of America
Date
Aug 21, 1957
Page
10
Roger W. Babson discusses inflation drivers in Babson Park Mass August 27. He cites wage demands and easy money as factors, argues tighter credit and possible direct government controls could curb inflation, and notes rising employment, sales, and output with a $430 billion gross national product.
A distorted excerpt mixes kitchen imagery with economic forecasts and geopolitical nerves from 1957. It warns of strong inflationary pressure, calls for reduced wage demands, and predicts slow automation growth while noting stock and bond weakness, high birth rates, and a looming defense dilemma involving fallout and disarmament.
In Schererville Indiana Marshal Peter Redar halted a weaving motorist and ordered a nap. After taking the license and preparing to return it hours later the driver drove home and called police demanding it back. Redar arrested the driver for reckless driving.
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