President Eisenhower proposes savings bond break
President Eisenhower proposed to raise yields on new U S savings bonds by about half a percent to 3 44 percent, with possible tax considerations and a shorter maturity. The plan aims to entice savers away from other investments while addressing treasury deficits and inflation concerns. A separate incident in Duncansville, Pennsylvania left six dead in a car truck collision on Route 22, with one survivor in satisfactory condition at a local hospital. In Japan, cities report fleets of captive balloons displaying banners for stores and products overhead.
MENTIONED IN THIS ARTICLE
AP Business News
New York
Eisenhower
U.S
Congress
Treasury
Duncansville
Pennsylvania
Wilmot E. Hinlish
Williamsburg
Dorothy
Sonja Joan
Robert Zane
Randall Clark
William Dale
Roderick Kent
Japan
How do generals get fat posts in profits and power
The piece reports on a congressional subcommittee led by Rep. Hebert examining why retiring generals and admirals land high paying government related jobs. It recounts the 1952 retirement of Gen. McNarney and a cryptic call leading to his Convair presidency with $75,000 a year plus a $25,000 bonus and later $30,000 as consultant. The role of Adm. Symington and Sen. Johnson in the debate is noted as part of broader scrutiny of military industry ties to the government.
MENTIONED IN THIS ARTICLE
James Marlow
Associated Press News
Washington
McNarney
Govern Company
Convair
California
Congressional
Rep
F. Edward Hebert
D-La
Uncle Sam
Congress
Len London B. Johnson
Texas
Senate Democrats
Stuart Symington
Missouri
Air Force
Truman
Symington
Hebert
D.t. McNarney
Convair Corporation
San Diego
Odlum
Pentagon
Air
Woman Hits Bus Four Killed In Calif Collision
Thelma Pauline Shirley a 22 year old house wife rammed a side of a San Jose area school bus after sun blindness near San Martin killing four people including her two children and mother in law. Cathy 2 survived with minor injuries.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Sun
Leon Waltters
Thelma
Pauline Shirley
San Martin
Here
Ronald
Leona
Millie Shirley
Trial Opens in 1933 Killing Case in Kansas City
The trial of Arthur J. Eisenman, 51, began in district court on Monday for the 1933 murder of 6-year-old Nadine Vogel Love. Prosecutors say the crime occurred 26 years ago and Eisenman faces charges tied to the girl's death.
MENTIONED IN THIS ARTICLE
Kansas City
Kan
Arthur J. Eisenman
Nadine Vogel Love
Firemen Avert Big Explosion in East St. Louis
Firefighters from East St. Louis and four nearby communities stopped a blaze that threatened two butane tanks and four gasoline trucks at the Allen Wrecking and Supply yard near the MacArthur Bridge. The fire, started about 4:45 p.m., damaged the bridge foundations and led to its closure. If the tanks had exploded, authorities warned, it could have leveled ground a mile wide.
MENTIONED IN THIS ARTICLE
East ST. Louis
Allen ‘Wrecking and Supply Co
MacArthur Bridge
Mississippi River
William Eckles
Alviberty Oil Co
Bonner Springs
Eisenman
San Francisco
James C. Thompson
Also Mentioned on This Page
Haskell County Monitor
Shark Farr
Patricia Ricketts
Sublette
By Sam Dawson
The
Indio
Floyd B. Odlum
Convair Board of Directors
Fone Finn
Rod
Nitof
Jeep
Willys Motors
Kaiser Industries
Maverick
Five Points Motor CO
Jones Avenue
Ane Medic
Norris Drug Store
Kansas
Sharon Grace O'Neal
George Docking
Pratt
Washington High School
Bethel
Ted O'Neal
Spoat
Dad
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