28 Apr 1961
Page 1
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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Apr 28, 1961
Page
1
Rural letter column notes farmers sign up for a government plan to curb corn surpluses in Iowa. It details guaranteed prices, subsidies, and potential gains from the 80 percent farming option, arguing the plan pressures growers and risks freedom and market effects while warning of dumping surplus corn on domestic or foreign markets.
Comptroller General Joseph Campbell testified that GAO audits show defense contractors overcharged the Navy and Air Force by nearly 61 billion dollars over the last four years. The investigation covered about half of the contracts from 1957 to 196? and 59 percent of overcharges, or 337,785,000 dollars, have been recovered.
Walter P. Reuther called for a 40 hour week with no pay cut to reduce joblessness, urging Congress and employers to share hours and boost employment. He attacked Kennedy for opposing the plan while highlighting 5.6 million unemployed. He proposed a national fund to cover hour differences and broader benefits.
An old Long Beach newspaper snippet lists publication details, postal line, court adjudication date, and subscription rates. It notes delivery and mail options, with references to Los Angeles County Superior Court case C-10780 and dates in 1941 and 1943.
Mason L K Hill of Los Angeles who is exploration manager for Richfield Petroleum Co was elected president of the American Association of Petroleum Geologists at the close of the association s annual convention He succeeds Ben H Parker of Frontier Refining Co Denver
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