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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
May 30, 1958
Page
4
Chauncey Sparks praises Alabama as a prime site for industrial growth in the Tennessee Valley. He notes abundant land, resources, transportation, water, and a virile population, urging continued progress and confidence in the region's development prospects.
An Alabama State Docks director Knox McRae comes under front page attention amid a political campaign and recession concerns. The article defends his record, notes initial refusal to release figures to The Mobile Press Register, and says he eventually provided facts while urging diplomacy.
Washington studies inflation and recession as steel costs rise six dollars a ton in July to offset a 20 cent per hour wage increase under union contracts. The piece argues price and wage controls, as used in wartime, are the only way to halt inflation and protect the public from higher steel and living costs.
The piece critiques U S policy toward Canada stressing mutual dependence and warning against Canada's nationalist stance. It discusses stock fraud risk from Canada sold on the U S market, Byrd Committee and SEC probes, and a congressional exchange about currency values and the relative strength of the Canadian versus American dollar.
Drew Pearson reports Paris informs Washington that France faces two risks from De Gaulle. He may tilt toward Russia or be replaced by the army chiefs led by Massu who could dominate French policy. The piece notes past clashes with the United States and questions NATO loyalty if France seeks dominance.
Victor Riesel reports on graft risks in pension and welfare funds as mob influence grows across Chicago Detroit Cincinnati and Harrisburg. He explains the legal gaps with only six states offering protections and cites Segal Advisers noting nine billion annual employer contributions and thirty billion in pension pools with vast potential commissions. He advocates a federal bill to require full disclosure and make looting a federal crime.
A guide to respect outlines seven rules for fair treatment and listening. A separate discussion analyzes the American dollar’s relation to Canada, citing investment flows, stock markets, and tax differences as drivers of currency disparity. Senator Williams and Martin comment on capital flight and tax factors.
Theodore Roosevelt serving as assistant secretary of the Navy in 1898 urged adopting aerial capabilities for the armed forces, marking one of the first formal recommendations for military flying machines.
A Las Vegas preschooler proudly recites counting up to ten and then to jack and queen, as a visiting acquaintance recalls. A snippet from a humor column notes the boy’s unexpected vocabulary and quick counting that crosses into playing card ranks.
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