Mustangs Due This Morning U S Rushes Planes To Costa Rica Aid
U S Air Force pilots rush four World War I era Mustangs to Costa Rica to bolster the government against rebels aiding Nicaragua. Costa Rican pilots will operate the planes as fighting continues near the Nicaraguan border amid an Organization of American States backed aid effort.
MENTIONED IN THIS ARTICLE
U. S
Costa Rica
Organization of American States
Nicaragua
U U.S
Figueres
Yesterda
Rosa
Santa Rosa
Jose
Liberia
Oscar Cordero
Corre
Eisenhower budget bets on full recovery with high spending
President Eisenhower sent a 62.4 billion dollar budget to Congress aiming at full economic recovery. The plan projects 60 billion dollars in revenue for the new fiscal year, relies on a 4 percent rise in personal income, and forecasts a near neutral cash balance plus a half billion dollar surplus in government accounts despite not balancing this year.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Congress
Treasury
Eisenhower Proposes Trimmed Budget to Guard Nation and Welfare
President Eisenhower outlined a 1956 budget totaling about 62.4 billion dollars aimed at defending the nation from external attack and internal undermining while advancing human welfare and economic growth. He emphasized a nonmilitary policy of partnership in development of roads aviation shipbuilding and natural resources and proposed extending the 2 percent corporate income tax and certain excise taxes. The plan, based on Treasury projections, forecasts a 4 percent rise in personal income and 7 percent in corporate profits for 1955, with a deficit of around 2.45 billion dollars.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Capitol Hill
Congress
Secretary of the Treasury
Humy
Treasury
Humphrey
Beerwind
Ue Song
Governors of NC and VA Speak at Dedication of Furniture Expo Addition
North Carolina Governor Luther Hodges and Virginia Governor Thomas E. Stanley addressed a crowd at the dedication of a new addition to the Southern Furniture Exposition Building during the 60th semiannual furniture and rug market. They praised southern industry growth, noted favorable climate for expansion, and thanked builders and officials for the project.
MENTIONED IN THIS ARTICLE
North Carolina
Virginia
Southern Industrial
Tar Heel
Luther B. Hodges
Gov
Thomas E. Stanley
Ientee Cumath
Gov. Stanley
Southern Furniture
Southern Assn. of Science
Ee Tee
Vi Virginia
South
Hodges
Ee Od
Hodies
O. Arthur Kirkthe
America
Southern Furniture Exposition
Maine St
Calinioation
Furniture Exposition
Doak Finch
N. C
Luther Hodges
Thomas Stanley
Betty Jo Ring
Miss Ring
Navy Constellation Crashes at Sea Off Newfoundland
A United States Navy four engine Constellation crashed in the Atlantic off southwest Newfoundland. Thirteen occupants are unaccounted for after emergency signals. The plane departed Harmon Air Force Base and reported dual engine failure before ditching about 70 miles from Harmon. Rescue planes scouted yellow life rafts but found no signs of survivors.
MENTIONED IN THIS ARTICLE
Corner Brook
Atlantic
Newfoundland
Harmon Air Force Base
Here
Harmon
Patuxent River Naval Air Station
Maryland
Constellation
Moncton
N.B
Costa Rica presses for more aid as OAS approves border watch
At two long OAS sessions Costa Rica sought military help under regional treaties while the council approved the sale of four US F51D planes to Costa Rica for one dollar each. The planes were sent from Texas to San Jose and Costa Rican pilots were to receive them that night. Nicaragua protested and warned it would seek a reciprocal shipment to its border, as an OAS commission found rebel air power dominating the Costa Rican theater.
MENTIONED IN THIS ARTICLE
San Jose
Costa Rica
U.S
Washington
Organization of American States
OAS Council
U. S
Lostrica
Fernando Fournier
Nicaragua
OAS
Rio de Janeiro
Henry
Clemson Faculty Names New Industrial Engineering Head
Dr Robertson Jr a Clemson College 4 A faculty member has been named head of the industrial engineering department at North Carolina State College. The move announced over the weekend designates Robertson a native of Seneca South Carolina to assume duties next month.
MENTIONED IN THIS ARTICLE
Raleigh 4
Clemson College
North Rolina State College
Robertson Jr
Seneca, S. C
Individual Share Of National Debt Grows Smaller
The debt rises but per person burden falls as population grows. Eisenhower's budget shows debt totaling 271,900,000,000 last June and projected to reach 274,500,000,000 by next June with further rise to 263,000,000,000 by mid-1954. Census estimates suggest 165,700,000 Americans in mid-1955 and 168,000,000 later, reducing debt per person from 1,671.75 to 1,661.07 by next July and to 1,667.88 by July 1954. Your share will be about 874.99 less in mid-1964.
MENTIONED IN THIS ARTICLE
Washington P
Eisenhower
Census Bureau
Eisenhower Proposal Aims 34 Billion Air Power Outlay
President Eisenhower proposed a 34 billion dollar military budget for the next fiscal year with about two thirds to air power and nuclear air retaliation related programs. He told Congress the plan would be the largest peacetime outlay for air power and related defense programs.
MENTIONED IN THIS ARTICLE
Washington
Ca. Dent Eisenhower
Air Force
Navy
Eisenhower
Congress
Eisenhower Budget Proposes Nuclear Sub Lines and Missiles
President Eisenhower outlines next fiscal year plans including $308 million in production contracts for naval and air weapons, a first atomic submarine Nautilus launching and Sea Wolf forthcoming, expanded guided missiles budget to 675 million, and manpower reductions to about 3 million by mid 1956. The plan adds a fifth Forrestal class supercarrier and adds three more atomic submarines to the fleet.
MENTIONED IN THIS ARTICLE
Eisenhower
Pentagon
Nautilus Begins Test Run From Groton Dock
The atomic submarine Nautilus moved under nuclear propulsion to begin builders trials at 11:01 a.m. from Electric Boat Division in Groton. Navy officers hailed the historic start as the vessel eased from the dock into the Thames with an ideal sky and light breeze.
MENTIONED IN THIS ARTICLE
Groton
Conn
Navy
Atomic Man
Electric Boat Division
General Dynamics
Thames
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Mustangs
Spondent
Council
Ir’ Sepeere Meg Couneur
Nta
Natural Resources
Byureau OF
Kent Eisenhower
Bureau of the Budget
Seaknee
Chatteston
Virginie -Noefolie & Portamouth Belt Line
Virginia B Beach
Army
Marine
Nautilus