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Independent in Long Beach, California

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Feb 08, 1960

Page

9

Long Beach Assemblyman Calls for State Narcotics Special Session

Assemblyman William Grant urges a statewide study of narcotics and a special session to address California’s growing drug problem. He favors severe penalties for dealers and treatment for users, and expects a larger budget as the Legislature shapes the new state budget in Sacramento.

Long Beach William Bill Grant California Sacramento Assemblyman

Four of Family Perish in Blaze in Brooklyn Theater

A fire swept a two story frame dwelling at 50 Broadway, Brooklyn, killing Ella Terry, her husband William, their son Moses, and Mrs Annie low the Terrys, all residents. Firemen said the blaze began from a faulty gas line on Sunday, injuring others.

New York Brooklyn Maloney Ella Terry William Moses

Mortgage Discounts Assailed in FHA and GI Loans

Rep Albert Rains of Alabama accused excessive mortgage discounts of wasting about 45 million dollars monthly from FHA and GI home loans. He linked this to the administration's hard money policy and supported a subcommittee bill proposing a billion dollars to expand mortgage funds for affordable new homes.

Washington UPI Albert Rains D-Ala Rains House Banking Subcommittee On National Association of Home Builders National Association of Real Estate Boards

SAC Alert Fund Hike Forecast For 1961 Defense Budget

Washington reports indicate a rising defense bill as Rep. George H. Mahon says Congress will authorize three to four times the 85 million dollars requested for an airborne alert. The plan would keep many U S bombers airborne with nuclear arms ready to strike after any attack, amid debate on costs and national security.

Washington Congress U.S House Defense Appropriations George H. Mahon Texas Eisenhower

Builders absorb discount in Rains bill say critics

Williams argued builders would cry for a billion dollar bailout. the construction industry backs the measure while RAINS disputed the claim. He said builders or sellers pay discounts but most experts say buyers ultimately bear the cost. The typical discount runs about 5 percent on FHA loans and 10 percent on GI loans, with existing caps noted as 544 percent on FHA mortgages and a 5Y4 percent tap on GT mortgages.

CBS Mahon Pvith John C. Williams Almed Rains Viet Union Williams

Campho-Phenique antiseptic promotes fast healing

Cut or burn hurts and can get infected Campho-Phenique soothes instantly stops pain and prevents infection The liquid antiseptic is marketed as safe for children and ideal for family first aid Keep a bottle ready in the medicine chest for immediate use Get Campho-PheniQue today

Campho-Pitemigunlt

Also Mentioned on This Page

Harry Vetter Long Beach Harbor Bill Marshall Bob Kennedy Roy Camrin Vetter By Bob Houser Associated Hearing Center Pine Ave SAC Boyson Jewelry Co Esablished Pine Avenue Alan Ladd Bank of America Jadd Ladd Tonal Trust and Savings Association Federal Deposit Insurance Corporation
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