Sterling and the world currency system through wartime to today
The article traces the rise and limits of the sterling area from World War II through postwar reforms. It explains how Britain used foreign currency reserves, the wartime need creating a sterling bloc, and the 1947 collapse of limited convertibility. It notes devaluation in 1949 and growing European currency confidence reducing dollar dominance.
MENTIONED IN THIS ARTICLE
London
Germany
Europe
Britain
Persian Gulf
Burma
Iceland
Iraq
Irish Republic
Jordan
Libya
Hope
America
Boy Suffers Stab Wound After Dance
A 20 year old Pottstown man Robert Neiffer was stabbed during a dance fight near Pottstown. Maynard Feno 20 Reading was charged with aggravated assault and battery and assault with a deadly weapon. Police said Neiffer was rushed to a hospital and remained resting Saturday.
MENTIONED IN THIS ARTICLE
Pottstown
Robert Neiffer
Maynard Feno
Reading
Charles Levengood
Stowe
Harry G. Chrusch
Pottsgrove
Feno
Neiffer
Chrusch
Sunnybrook
Philadelphia
New RCA System Cuts Missile Launch Time Significantly
RCA Defense Electronics Products unveils a digital computer based system to cut launch countdown from 10 15 hours to near immediate readiness after warning. Installed first at Vandenberg AFB and produced in Moores town New Jersey under Convair General Dynamics subcontract for the Atlas weapons system.
MENTIONED IN THIS ARTICLE
Arthur L. Maharney
RCA Defense Electronics Products
Vandenberg Air Force Base
Los Angeles
RCA
Maharney
Missile and Surface Radar Department
Mooresstown
N. J
Convair (Astronautics
General Dynamics Corp
Eisenhower Buys Grandson Clothes in Gettysburg Outing
President Eisenhower and his ten year old grandson David visited Gettysburg shops for warm clothing after a Washington trip. The total bill was 60.80 dollars paid in new bills from the President’s wallet. They shopped to prepare for near zero temperatures at the farm and spent about an hour and a half across several stores.
MENTIONED IN THIS ARTICLE
Gettysburg
Eisenhower
David
Melvin Little
Washington
Eiserhower
Senate group urges Hoffa graft probe into transport alliance
A Senate Internal Security subcommittee urged a federal grand jury investigation of James R. Hoffa and a potential alliance of Teamsters with Maritime Union and Longshoremen groups. It warned such a coalition could violate antitrust and anti-subversive laws and urged possible new statutes. The report cites past violence and Communist ties, stressing national security implications.
MENTIONED IN THIS ARTICLE
Washington
Senate Internal Security
James R. Hoffa
Senate Judiciary Committee
Congress
Hoffa
Teamsters Union
National Maritime Union
Maritime Union
Afl-Cio
Teamsters
Internal Security Subcommittee
Justice Papeet Ment
Transportation Alliance
Subcommittee
Defense Aetomanes
ILA
AFL
ILWU
Sae
House Committee On Un-American Activities
Senate
Capa del
NMU Pilot
D-Miss
Ious
Onc E
United States
Social Security Hike Takes Effect Next Month
The New Year brings a $2 monthly payroll tax rise for about 75 million workers and a 7 percent boost to old age pensions for 12 million retirees. Private welfare funds face new annual report requirements. the changes, valued at over 30 billion, add medical benefits and higher contributions, with penalties for noncompliance.
MENTIONED IN THIS ARTICLE
Washington
New York Union Votes on Newspaper Strike Settlement
Officials told about 1200 union members at a meeting that leaders favor a two year contract with a 7 weekly dollar package of money benefits. If approved, benefits would be distributed differently than the original offer. Balloting on Sunday runs 9 to 10 am with results uncertain.
MENTIONED IN THIS ARTICLE
New York
Union Deliv.eresses
New York City
Aid Pact Reported by Tass News Agency
The Tass news agency said the Soviet Union announced an aid agreement to provide a credit of 3 million dollars at two percent interest. The funds are to be repayable over 10 years in goods for construction.
MENTIONED IN THIS ARTICLE
Eisenhower
Congress
Welfare Pension Plan
Labor Department
Moscow
Soviet Union
Tass
Icy Rain Slows Roads Across the State Cause of Ice Deaths and Crashes
An ice storm coated much of the state as a Gulf of Mexico pressure system moved north. Gusty east winds warned along the coast while roads froze from Brevard to the Virginia border. A fatal crash near North Wilkesboro was blamed on icy pavement, with numerous accidents reported in Charlotte and Mecklenburg County as officials warned of warming trends to end the ice.
MENTIONED IN THIS ARTICLE
Gulf of Mexico
Cape Hatteras
Vero Beach
Fla
State Highway Patrol
Carl Wayne Smith
Rt. 1
Parlear
North Wilkesboro
Charlotte
Mecklenburg County
Weather Bureau
Asheville
Blue Ridge
Brevard
Tryon
Saluda
Virginia
Haywood
Swain
Madison
Airlines Strikes Leave Major Carriers Grounded
Two big U S airlines remain grounded as Eastern Air Lines and its striking flight engineers and American Airlines and its striking pilots show no progress toward settlement. Eastern and flight engineers meet with mediators in Miami while American awaits a AFLAP word in Chicago on a seven point contract plan. The machinists union of 5300 members will not cross the engineers picket lines.
MENTIONED IN THIS ARTICLE
Associated Press
Eastern Air Lines
American Airlines
Miami
Eastern
American
Chicago
Air Line
Sastels Tea Taneiel Nonsamant
International Assn. of
Missing Missouri Valley College president found in Florida
Dr. M Earle Collins 55 president of Missouri Valley College arrived in Orlando after a three day trip from Marshall Missouri. He had vanished Christmas Eve while seeking an earlier train to see the Tangerine Bowl game and told his family he would rest in Jacksonville before continuing to Orlando. He planned to return to Marshall with the football team.
MENTIONED IN THIS ARTICLE
Orlando
Fla
Missouri Valley College
Marshall
Earle Collins
East Texas State
Collins
E. S. Quisenberry
Jackson Speed
Benny
Jacksonville
Jamie Hogue
Springfield
Florida
Missouri Valley
Tarkio College
Tarkio, Mo
Also Mentioned on This Page
High Point Enterprise
Dog
New Haven
Conn
Michael Preto
Gene Boxley
Hei
Oeto
U.S. Weather Bureau
Carolinas
New England
New York State
Upper Great Lakes
Rockies
Central
Arizona
Washington State
Tao Fu
Orlando Sentinel Star
I.Q
Box
Times Square Station
Eee
Advertisingd Council
Anewspaper Ad. Association,vertising Executives
Mann
North Main
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