Inquiry on Stock Market Disturbances in Senate Probe
CIO official James B. Carey and banker Ferdinand Eberstadt testified before the Senate Banking Committee about troubling signs in the 1955 market. Carey accused the Eisenhower administration of conspiring to push stock prices beyond economic fundamentals, while Eberstadt warned that fraud and poor tips are undermining investor confidence and that the inquiry has already curbed such practices. He noted broad factors including confidence in the President and Congress contributing to price levels, with some stocks showing inflated rises fueled by tips and speculation.
MENTIONED IN THIS ARTICLE
CIO
James B. Carey
Eisenhower
Carey
Secretary of the Treasury
Humphrey
Senate Banking Committee
Ferdinand Eberstadt
Hum Y
Pod Orn Sa
Senate
Eberstadt
Congress
Senate confirms Harlan paving way for court action
Senate approval of John Marshall Harlan clears the way for fresh Supreme Court action on racial segregation in public schools and for a schedule to implement the high court’s 1954 ruling. Arguments in several major cases may be set for spring with a March 26 closed conference and March 28 open session possible for scheduling.
MENTIONED IN THIS ARTICLE
Washington
Senate
John Marshall Harlan
Supreme Court
New York
Robert H. Jackson
Povieay
Fuith
Harlan
Jackson
Harneey
John H. Peters
Yale Medical Essor
Peters
VU. S
Life Preserver Rule Approved By State House
The House Wildlife Committee approved a bill requiring boats on Catawba Lake between Gaston and Mecklenburg counties to carry one life preserver per person aboard and have mufflers to reduce noise. The measure, sponsored by Sens. F. P. Cooke and F. J. Blythe, aims to improve safety and curb excess noise on the lake.
MENTIONED IN THIS ARTICLE
Raleigh
Catawba Lake
Gaston
Mecklenburg
House Wildlife Committee
F. P. Cooke
F. J. Blythe
Fitzgerald to Join Burlington Industries Executive Team
Leonard K. Fitzgerald, former general superintendent of Dan River Mills in Danville Virginia, will become an executive of Burlington Industries in April, Burlington officials announced last night in Greensboro.
MENTIONED IN THIS ARTICLE
Greensboro
Leonard K. Fitzgerald
Dan River Mills
Danville
Burlington Industries
Burlington
North Carolina Senate bill would raise income tax rates
Senator Robert Morgan introduced measures to raise both individual and corporate taxes. Individuals would pay 1 percentage point more across all brackets, from 4 to 8 percent, while corporations would see 6 percent on net income up to 25,000 and 7 percent on excess. Revenue is projected to rise by about 9.6 million from individuals and 6 million from corporations. The House postponed a major debate on its controversial bill and moved to examine health policy restrictions, including Blue Cross type plans. A separate bill would create a state rating bureau for loan rates and fees under supervision of the banking commissioner.
MENTIONED IN THIS ARTICLE
Raleigh
Robert Morgan
Harnett
Morgan
House
House Insurance
Blue Cross
Clifton Blue
Moore
Henry Wilson
Union
North Carolina Loan Agency Rating Bureau
Yalta Pact May Be Refuted Across Senate Debate
Washington lawmakers clash over repudiating the Yalta agreements amid claims of Soviet noncompliance. Senator Knowland cautions study of the 1945 conference record before any action, while Senator McCarthy calls for formal congressional repudiation and questions Eisenhower aides influence. House and White House offered little immediate comment as lawmakers weigh political and strategic risks.
MENTIONED IN THIS ARTICLE
Washington
Sen
Knowland
State Department
McCarthy
Senate
Yalta
Eisenhower
Milton
Roosevelt
Iron Curtain
Milton Eisenhower
Ike
White House
Penn State University
Krowland
Berlin
Congress
I T. Sen. Capehart
R-Ind
Humphrey
D-Minn
Republican Party
Brooklyn Eagle to Cease Publication After Wage Strike
The 114 year old Brooklyn Eagle will not publish again after a wage dispute with the CIO American Newspaper Guild. Publisher Frank D. Schroth announced the closure yesterday as the Guild plans to maintain picket lines. A federal mediator offered to arrange fresh talks today amid ongoing strike threats.
MENTIONED IN THIS ARTICLE
New York
Brooklyn Eagle
Theaser
Frank D. Schroth
The
Eagle
CIO American Newspaper Guild
ANG
Bios Babel Te St 16
Schroth
Ncl
Record of Session Released to Public
Washington reveals long secret Yalta papers showing Roosevelt Stalin Churchill debated postwar Europe and Japan terms. Roosevelt pressed for Ukrainian and White Russian UN votes, agreed to Manchuria positions, with Stalin seeking free governments. Papers recount European demarcation talks and wartime strategy.
MENTIONED IN THIS ARTICLE
Washington
Yalta
State Department
Winston Churchill
Dulles
Toeph Stalin
Russia
Japan
Roosevelt
Northwest Pacific
Manchura
Stalin
Churchill
United Nations
General Assembly
Baltic
Black Sea
Crimea
Oere
Yalti Ases
Ab Ord
Germany
Europe
United States
St Patrick's Day Parade Steps Off Along Fifth Avenue
New York observers report a brisk St Patrick's Day parade today with noon start from 44th Street to 96th Street. The five hour procession features a reviewing stand at 61st Street for Gov Averell Harriman and Mayor Robert Wagner. Francis Cardinal Spellman and other Roman Catholic dignitaries review participants outside St Patrick's Cathedral.
MENTIONED IN THIS ARTICLE
New York
Sth Avenue
44Th Street
96Th Street
Averell Harriman
Robert F. Wagner
S of St. Patrick's Cathedral
Street
Francis Cardinal Spellman
Dublin Celebrates St Patrick Day With Springlike Warmth
Irish crowds enjoy warm spring air in Dublin on St Patrick’s Day noting peace and merriment. The city hosts a grand parade celebrating the National Agricultural and Industrial Development Association’s jubilee with floats, music, and Gaelic games while connections abroad send tributes from New York to Downpatrick. Floral remembrances arrive from Detroit and other U S cities as border tensions echo along Northern Ireland.
MENTIONED IN THIS ARTICLE
Dublin
Ireland
St. Patrick's Day
Erin
Emerald Isle
Dia
God
Mary
Peg
Patrick
Webrade
National Agricultural and Industrial Development Assa
William Toomey
New York
Pat Harmon
Cincinnati Post
Robert F. Wagner Jr
Aflie
Byrne
Fifth Ave
Croke Cur
Balle
St. Patrick
Down Patrick
Northern Ireland
Down Patrick's
Perete
United States
Michigan
Michael
John Parsons
Ann Regina
E. Dakota
Detroit
Dulles Faces Questions On Yalta Papers Timing
Secretary of State Dulles refused to answer when pressed about releasing the Yalta papers during a stop at a military terminal before a Canada visit. He said the controversy would go on through the ages and walked away as reporters pressed for comments.
MENTIONED IN THIS ARTICLE
Washington
Dulles
Yalta
Soviet
Crimea
Military Air Transport Service
Ottawa
Canada
Arn
Clapper
Rememy
Congress
Rail Strike Before Court of Appeals
Louisville reports the Court of Appeals will hear the rail strike case arising from the old Louisville and Nashville Railroad dispute. The railroad seeks to restore an order forcing crews to cross picket lines by 25,000 strikers in 14 states. Damages claims of 215000 daily are asked against six operating unions for walking off.
MENTIONED IN THIS ARTICLE
Louisville
Court of Appeals
Louisville & Nashville
Frankfort
AFL
L. & N. Seumatnd
Kentucky
Central Kentucky
Nashville
Tenn
Ralston Purina Co
Montgomery
Ala
Churchill criticizes Yalta papers as unofficial and flawed
In the House of Commons Churchill blasted the Washington Yalta papers as unofficial and containing serious mistakes. He warned that such publication could hinder future conferences and urged consultation on public action during the conferees lifetimes. The document reportedly runs to 500 pages and full text awaits review.
MENTIONED IN THIS ARTICLE
London
Churchill
House of Commons
Yalta
Washington
Crimea
Roosevelt
Stalin
Hong Kong
China
U.S
Reign Office
House
Yalta Papers Reveal Early Atomic Bomb Efforts
Washington reports release of the Yalta papers show nuclear scientists aimed to create a baby atomic bomb at the war’s start. A 1944 memo from Maj. Gen. Leslie Groves to Gen. George Marshall notes plans for a spring 1945 fission bomb, amid technical hurdles and triggering method trials. The first test bomb occurred at Alamogordo on July 16, 1945, with Hiroshima's 1945 mission marking the war’s use of atomic weapons.
MENTIONED IN THIS ARTICLE
Washington
Yalta
Leslie R. Groves
Manhattan
George C. Marshall
Army
Japan
Alamogordo
N.M
Hiroshima
Aeger
Gries
Palestine Report Is Due Today
The UN Palestine truce chief Maj. Gen. E. L. M. Burns prepared to blame Israel for the Feb battle that killed 38 Beytanie and eight Israelis. He would urge strengthening the UN watch on Arab-Israeli borders ahead of a late Security Council meeting.
MENTIONED IN THIS ARTICLE
United Nations
N.Y
U.N
Palestine
Israel
Org Tion
E. L. M. Burns
Canada
Burns
Ton Security Council
Gaza
Also Mentioned on This Page
Johnny Lanius
Fern Mitchel
Baton Rouge
Disturb Cio
Wall Street
State House
Fitzgerald
N.C
Question Angels
Navy
Collier’s
Bixa
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