Commerce Dept probes multimillion Coastal Products loan loss
Washington AP reports the Commerce Department, under the Kennedy era, dispatched an investigator to examine a 2.8 million government loan to Coastal Products. The plant in Blountstown, Florida, failed within two years, ending in bankruptcy and a sale for 3.81 million. Officials acknowledge hindsight fixes to EDA rules and demand for more borrower equity.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Cocomerce Departmentes
Don Fuqua
D-Fla
Blountstown
Beck Beddow
Off Fuqua
Coastal Products Loan
Commerce Department
Florida
Grossman
Indus
Inc
Fuqua
Plastet
Iment
Coastal Products
United States
EDA
Ats
Tinley McMillan
U.S
Clinton Ashmore
Roberts M. Ervin
Modern Homes Construction Co
Valdosta
Ervin
J. Davidge Warfield
Foun
Warfield
EDA Can
Jess Money
Unemployment Steady in August Despite Slowdown Signs
The Labor Department reported August unemployment held at 3.5 percent, with a slight dip from July not statistically significant. It highlighted rising part time work, slower nonfarm payroll growth, and construction employment falling due to strikes and high interest rates, potentially pressuring unions and Black employment efforts.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
A&r
August
King Memorial Center Raid Nets Weapons and Narcotics
Camden officials say about 125 heavily armed officers raided the Martin Luther King Memorial Center and nearby sites arresting five, including Charles Poppy Sharp, leader of Camden's Black People's Unity Movement. Police seized four bags of beroliyl and three ounces of marijuana, a .22 caliber pistol, a shotgun, a dozen machetes, four homemade spears, bows, arrows, and other weapons amid linked charges of inciting violence and narcotics possession.
MENTIONED IN THIS ARTICLE
Camden, Nal
Martin Luther King Memorial Center
Charles “Poppy” Sharp
Camden
Black People’s Unity Movement
Harold Melleby
Sharp
Kentucky Un American Activities Committee Faces Funding Shortfall
Frankfort Kentucky The Kentucky Committee on Un American Activities runs low on funds. It has cut staff and hearings as Gov. Louie B Nunn withholds grants totaling 48000 from the contingency fund saying it cannot sustain the committee.
MENTIONED IN THIS ARTICLE
Frankfort
Kentucky Committee On Un-American Activities
Louie B. Nunn
Crews Hit the Tetons for Pollifax Movie Filming
Jackson AP reports a 110 man crew and most of the cast have arrived for The Unexpected Mrs Pollifax, an action comedy set partly in Albania. Rosalind Russell and Darran McGavin star, with filming in the Tetons and additional scenes in California and Mexico City.
MENTIONED IN THIS ARTICLE
Albania
Central Intelligence Agency
Mrs. Pollifax
California
Mexico City
Junior Editors Quiz on ENCYCLOPEDIA
The Greek word enkyklopaedeia means teaching in the circle and gathering varied knowledge. The piece traces early forms from Aristotle to Ringelberg and Ephraim Chambers, noting cross references and Diderot influence, with a prize offer for a selected Editors question worth $10 and a World Yearbook.
MENTIONED IN THIS ARTICLE
B.C
Aristotle
Ringelberg
Basel
Ephraim Chambers
Diderot
Paul Stewart
Burlington
Vit
Greeley newcomer Stewart Matthews named executive at Baird & Warner
Stewart Matthews is a new Greeley entrant who joined Baird & Warner, the Chicago real estate firm, in Evanston on May 28, 1925. He rose to manager, then senior vice president and sales consultant before retirement. He and his wife reside at 1502 Lakeside Dr. They have two sons and two daughters.
MENTIONED IN THIS ARTICLE
Greeley
Ste
Art B. Matthews
Pene
Lakeside
Matt
Baird & Warner
Chicago
Pany
Rea
Ial
U. S
Ig Blab
Jude Tal Air Force
Evanston
Up Town
Supreme Court Rules on Colorado Pot Case and Carter Conspiracy
The Colorado Supreme Court overturned a lower court ruling declaring marijuana laws unconstitutional. It upheld the possession framework, reversing a conviction related to marijuana possession and noting penalties targeted large quantities for sale. The ruling also voided a conspiracy conviction against Robert Hugene Carter in a Denver supermarket robbery case. Rural London notes a 20 percent rise in school population.
MENTIONED IN THIS ARTICLE
Denver
Coloado Supreme Court
Mon
Colorado
Dist
James J. Carter
Grand Junction
Gerry F. McKenzie
McKenzie
High
Robert Hugene Carter
Carter
High Court
Edward 'E
Pymple
Also Mentioned on This Page
Gresset Tribune
Tuer
Commerce Dept
Robert J. Samuelson
The
Washington Post
King Memorial Center
Melleby
Abe
Wiest
Tetons
Stewart Matthews
Tribune
Supreme Court
London
ATL
Murphy
KODAK
Bed
Night Depository
Cave National Bank
Greeley, Colorado
11Th Ave
Mumbai
F.cd
Hillaide Centar