Giant borrowing wave nears as Treasury taps markets
Sylvia Porter outlines a sweeping borrowing program with new 3 1/4 percent bonds and a string of large offerings to cover deficits. The Treasury plans to issue billions monthly through year end to repay maturing securities and fund deficits, signaling peacetime debt records and a shift toward easy money seeking to spur business.
MENTIONED IN THIS ARTICLE
Treasury
The
I.0.u's
U.’s
U.S
America
Congress
Treasury Secertay
Federal Reserve System
the Hall Syndicate
Railroad Again Cutting Fares For Pullman Passengers
Kansas City Southern Railroad cuts passenger fares again, this time for Pullman service. Most railroads have abandoned passenger travel as buses and air travel take demand. W N Der, the 70 year old head since 1940, says passenger operations are dear to us.
MENTIONED IN THIS ARTICLE
Kansas City
Kansas City Southern Railroad
W.N. der
Kansas City Southern
C.H. Taylor
Area Girls Elected to State FHA Posts in Alabama
Patsy Harris of Moulton and Barbara Sublett of Huntsville were elected officers of the Alabama Association of Future Homemakers of America at the annual Alabama College leadership meeting. Betsy Harris named northwest district vice president. Miss Sublett elected state parliamentarian. Hildreth Hartley of Leroy elected state president.
MENTIONED IN THIS ARTICLE
Montevallo
Ala
Patsy Harris
Moulton
Barbara Sublett
Huntsville
Alabama Assn
Future Homemakers of America
Alabama College
Migs Harris
Northwest
Lawrence County High School
FHA
Leamon Harris
Science
Miss Sublett
Riverton High School
Alvie L. Sublett
Sublett
Library Club
New State
Hildreth Hartley
Leroy
Mothers Move Into Juniors Footsteps Adopt Cowboys
New York AP reports TV producer Ted Rogers discusses why women favor Westerns as a form where the hero, the cowboy, stands against the organization man. He argues the modern adult Western centers on character care, good story lines, and lasting values.
MENTIONED IN THIS ARTICLE
New York
Junior
Ted Rogers
Rogers
Kiwanians View Highway Film On Interstate System
Members of the Kiwanis Club watched a film explaining the new federal interstate highway program. The presentation covered the 41 000 mile four lane system, design aims, city site surveys, feeder farm to market roads, and safety claims including a death rate on freeways below the national average. Puritans from New England were the first settlers in Newark New Jersey.
MENTIONED IN THIS ARTICLE
Kiwanis Club
Guy Roberts
Morgan County Board of Revenue
Alabama Road Builders’ Assn
U.S
Labor Bill Sponsors Woo McClellan
The Senate Labor Committee plans further sessions to finish a middle-of-the-road labor bill tied to Sen. John L. McClellan’s influence as Rackets Committee chair. McClellan supports a compromise with changes, while Kennedy pushes for stricter union regulation and secret officer elections.
MENTIONED IN THIS ARTICLE
Washington
John L. McClellan
D-Ark
Senate Labor Committee
McClellan
Senate
John F. Kennedy
Dmass
Kennedy
Washington and Lee Valedictorian Overcomes Polio to Graduate
A 21 year old Washington, D. C. student at Washington and Lee University delivers the valedictory as the top honor student after a 13 year battle with polio. Larson, stricken in 1945, writes a 160 page thesis on democratic leadership and plans graduate study at Yale.
MENTIONED IN THIS ARTICLE
Lexington, Va
Washington, D. C
Washington and Lee University
John Monk Larson
Larson
St. Albans School
Washington
W&l
Phi Beta Kappa
Yale University
Graduate School
Senate committee debates union rights and Taft Hartley changes
The committee considered a bill on union affairs and Taft Hartley provisions. In the day’s only vote, an amendment by Sen. William A. Purtell to require a union membership vote before striking was defeated 85.
MENTIONED IN THIS ARTICLE
William A. Purtell
R-Conn
Also Mentioned on This Page
By Sylvia Porter
Best Buy
Ocean
Eee Em
Second Avenue
Grant Street
E. Moulton St
New England
Newark, N. J
Woo McClellan
Washington. Lee
Moodys
Cain
Bank ST
Southern Millwork of
Florence, Inc
S. Seminary St. Empire
Florence
Rick Rack
Pelson
Russell Chambray
DAN River Tissues
Petti
Thompson
Princess Theatre
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