House Expected To Okay Tax Cut Amid Senate Hurdles
The Ways and Means Committee backed a broad excise tax cut near one billion dollars, trimming taxes on movies, admissions, phones, travel, jewelry, cosmetics, and many goods. The Administration warned sweeping cuts now could strain the federal budget. Senator George may seek to add an income tax exemption relief, targeting low income families, when the bill reaches the Senate.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means Committee
Eisenhower
Senate
Sen
George
D-Ga
Daniel A. Reed Neece
Reed
Groundhog Weather Folklore Debated Amid Mild Spring Signals
Weather officials say a routine pattern explains recent mild readings from Charlotte to Charleston with low temperatures ranging from 18 to 33 and high readings from 42 to 66. County agents report the cold snap mild enough to spare peach buds and crops. weekend outlook hints at warming spring trends.
MENTIONED IN THIS ARTICLE
Carolinas
Weather Bureau
Charlotte
Asheville
Charleston
Mercury
Wilmington
Spartanburg
Columbia
Raleigh
Poisoned Henchmen Highlight Giuliano After Prison Deaths
In Palermo eight henchmen of Sicilian bandit Salvatore Giuliano were poisoned during a noon meal at a local prison. Police report two deaths tied to the killings and rivals claim responsibility, amid a tradition of blood vengeance after the bandit’s death in 1950.
MENTIONED IN THIS ARTICLE
Palermo
Siciy
Salvatore Giuliano
Sicily
Giuliano
Gaspare Pisciotta
Coffe
Toonae
Cion
Pisciotta
Oepene
Ficciotta
Ono
Burlington Wachovia merger proposed for National Bank of Burlington
Directors of Wachovia and the National Bank of Burlington recommend a stock exchange merger. The plan sets March 29 for a stockholders meeting to vote. Wachovia reports 20 offices in six cities and assets of 366 million. National Bank of Burlington posts 13.8 million in resources with 600 thousand capital and surplus.
MENTIONED IN THIS ARTICLE
National Bank of Burlington
Weal
Wachovia
Richard G. Stockton
Wachovia Bank and Trust Company
Winston-Salem
National Bank of
Burlington
Long
Indus and Commerce
Owl
Asheville
Charlotte
High Raleigh
Salisbury
Winston m
Polices
National Bank of Barings
Hearings Open on Farm Program Flexibility Battle
Senate Agriculture Committee begins hearings on the Eisenhower farm plan with Sen. Aiken leading. debate centers on shifting to flexible price supports from fixed floors, with presidents Benson and Eisenhower backing parity and opposition warning of lower farmer incomes.
MENTIONED IN THIS ARTICLE
Washington
Senate Agriculture Committee
Sen. Aiken
R-Vi
Eisenhower
Benson
Weagon
Bank Robbery in Ridgeway Netted $28775
A four state alert went out for two stocky white men who robbed the Bank of Ridgeway yesterday. They used a sawed-off shotgun and herded the staff into the director’s room before fleeing in a late model station wagon. About $5,000 in new one dollar bills were included among the cash.
MENTIONED IN THIS ARTICLE
Ridgeway
S&s. C
State Highway Patrol
North
South Carolina
Georgia
Florida
State Law Enforcement Division
SLED
Columbia
J. W. Palmer
Bank of Ridgeway
W. R. Goodson
Palmer
Goodson
J. Munds
Eisenhower Farm Plan Faces Hard Line On Surpluses
The administration pitches a flexible price support system for cotton wheat and corn, with surplus stocks partly frozen from quotas but included in planting allotments. Undersecretary Morse tells Congress the plan limits surpluses for future price levels while Sen. Aiken cautions that the proposal will meet strong opposition. If frozen stocks are excluded, cuts in supports could be sharper for many farmers.
MENTIONED IN THIS ARTICLE
Washington
Congress
D. Morse
Senatericulture Committee
Sen. Aiken
R-Vi
Agriculture Committee
Ieee
Eisnehower
Eisenhower
Morse
Judge's Order Ends Picket Line Pickup Duty
Prospective jurors faced a picket line at the Municipal Courts Building in St Louis as a judge urged patience. The judge warned fines for crossing the line but promised remission if jurors comply with the court order to serve.
MENTIONED IN THIS ARTICLE
T. Louis Oe
Mt Bo
Scott Must Fork Over 36 Bull Calves to Marathon Walkers
KINSTON N C U S senatoral candidate W Kerr Scott offered a bull calf to anyone who could beat his 6 hour 21 mile walking time from Kinston to Ern on a radio show last week. Forty started the event with seven finishing under six hours earning calves. Paul Simpson 49 Burlington postman won in 4 hours 1 minute. Others finishing high included Roland White of Kinston and Leslie Chase of Jones County. The race began 5 15 pm on US 258 shoulder walking safety measures. About 500 spectators attended the barbecue at the finish.
MENTIONED IN THIS ARTICLE
Kinston
N. C
U.S
W. Kerr Scott
WISP
Scott
Ers
Ben Hedoak
Entor
Paul (Hardrock) Simpson
Burlington
Simpson
Roland White
Leslie Chase
Jones
G. H. Bailey
Cary
R. J. Pollard
Morrisville
Bricker Sees Round One in Fight Over Treaty Powers
Sen. Bricker declares that presidential lobbying plus State Department pressure produced a hairline defeat of a treaty power amendment last week. He calls the Friday vote only the first round and outlines planned moves including a reconsideration and a revised measure to check executive power in international agreements.
MENTIONED IN THIS ARTICLE
Atlanta
Bricker
Rohio
White House
State Department
American Bar Assn
Senate
Sen George
Eisenhower
George
Ohio
Farm Income Per Capita Drops to 882 in 1953
Agriculture Department reports farm household per person income averaged 882 in 1953, down 23 from 1952, while nonfarm per person income rose to 1898, a peak on record. Overall farm income fell about 8.8 percent. individual averages dropped 3 percent. Number of farm residents also declined.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
McCarthy Denies Fight With President
President Eisenhower and Senator McCarthy trade statements amid GOP family differences. Leonard W. Hall says the party is united. McCarthy dismisses talk of a split and says he has no fight with the President. Senate panel offers no ethics agreement progress amid the discord.
MENTIONED IN THIS ARTICLE
Washington
Leonard W. Hall
Eisenhower
Sen. McCarthy
R-Wis
McCarthy
Hall
New York
National Republican Club
Hee
LeCercy
Senate Republican Policy Committee
Lme
Ngs
Midwest Snow Lightens as Cold Blast Spreads
Skies cleared across the Midwest to the Atlantic coast as a new icy air mass pushed into the central region. Snowfall and cold were reported in the northern plains with seven to eight inches in some areas and eight deaths tied to a three day blizzard across southwestern Ontario.
MENTIONED IN THIS ARTICLE
Midwest
Atlantic Coast
Mid-Continent
Texas
Mississippi
Georgia
Sireat Lakes
Ohio Valley
New England
Plains States
Minot
N. D
International Falls
Minn
Jackson
Miss
Atlanta
Chicago
Ontario
Four Puerto Ricans Indicted in Capitol Shooting
Four Puerto Ricans face indictments for assault with intent to kill and related charges after a pistol rampage that wounded five congressmen in the House chamber. The indicted are Flores Rodriguez, Andres F. Cordero, Rafael C. Miranda, and Alita Lebron using, each held on 100000 bail. Rep. Alvin Bentley remained gravely ill.
MENTIONED IN THIS ARTICLE
Washington
Alvin M. Bentley
R-Mich
U.S
Leo A. Rover
Congress
Paul W. Shafer
Lalita Lebron
Flores Rodriguez
Andres F. Cordero
Rafael C. Miranda
Economic Yardsticks Show Drop in Manufacturing and Credit
The Commerce Department reports seasonally adjusted factory sales fell to 23.0 billion in January, with total inventories down 4.6 billion but still above year-ago levels. New orders dropped to 20.2 billion as consumer credit declined by 7.71 billion, offset by reduced installment debt. Exports in January were 1.075 billion and imports 825 million. Repercussions echoed in Havana and Chicago with arrests of Puerto Rican Nationalists.
MENTIONED IN THIS ARTICLE
Commerce Department
Office of Business Economica
Yercba
Federal Reserve Board
Rome
Savas Geetinns
Havana
Chicago
Juan Juardes
Nationalist Party
Carlos Ve
United States
Also Mentioned on This Page
Associated Press
Burlington Bank
Wachovia System
Comie
Renton
Wash
Sen. Young
R-Nd
Aiken
Get Corp
S. C. Bank
Newans
Faye Price
Pink Hil
Kneneth Smith
Albertson
Jimmy Green
Wake Forest
Malcolm Ferrell
J. M. Greene
Clayton
Dalton Stroud
Raymond Massey
Robert Herring
Fred Hines
J. B. Townsend
Ae Ton
Clinton Stroud
Stroud
Crum
Bobby Eet
Wood
Suggs
Nston
Rer Gorge
Prive C. L. New
Tok Kinston
Calvin Wise
Tommes
Donnie Stoner
Wa Forest
Raymond Hiatt
Grifton
Dick Hubba
New Bern
Lawrence Holloway
Grif
Eari Johnson
A. F. Hayes
Franken
Bob Upton
Chanelie Killebrew
Rocky Mount
THE
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