U S Opens New Drive To Cut Runaway Credit
Government officials report a fresh drive to curb runaway consumer credit and auto sales with high financing. The Senate subcommittee aims to publish a fact filled report next week detailing credit expansion, media influence, and policy options while warning of adverse effects on delinquent youths.
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Satellite Plans for U S Satellite Launch From Florida
Satellite expert Willie Ley predicts the United States will launch a proposed satellite from Florida rather than other sites, arguing the Banana River Proving Ground in Florida could use readily available military rockets. Ley notes costs around 10 million and says small unmanned satellites could have been launched into earth orbit years ago with government rockets.
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Willie Ley
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Prediction of 1957 1958 satellite launch from Banana River
Government officials announced plans to rocket a basketball sized satellite into space in the late 1950s. They described a north easterly launch from Banana River Missile Proving Ground Florida with three rockets. The first would fall into the ocean about 200 miles away. The second could reach the Sargasso Sea east of Bermuda. The third would push the satellite beyond the atmosphere.
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Florida
Banana River
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Sargasso ‘Sea
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