Demos Plan Easier Credit and Jobs Program
The plan aims to ease credit and boost public works to combat recession. Congress leaders discuss tax cuts, postal modernization funding, and private capital, with opposition labeling the proposal a political move to pressure Congress into higher postal rates.
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PWA
Congress
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Philip M
Talbott
the Chamber of Cort
Merce
New
Sen. Johnson
Texas
Tparty
Senate
Les
Eisenhower
Seni
Sparlonian
Rayburn
Johnson
Postal ‘Service
Sen
McNamara
D-Mich
Summerfield
White House
Michigan
Senate Post Office Committee
Sen. O'Mahoney
D-Wye
Vene
Connecticut to Meet on State Employment and Economy
Reported figures show unemployment near 89,000 with a rise in January while officials indicate improvement in nonfarm economy. Gov Ribicoff notes time for adjustment as the General Assembly prepares for a March session to address the situation and housing.
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General” Assembly
Neeticut
Talbotp
Van
portesThursd
Connenticut
Ham
A. Ribicoff
Petroleum Cuts Crude Production in California
General Petroleum Corp cuts California crude output by 10 percent due to weak demand. Executive VP Magruder says daily production will drop by 6,000 barrels and Canada imports will fall by 6,100 barrels to 17,500 barrels daily.
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Los Angeles
General Petroleum Corp
California
Magruder
Canada
Hody's Supply Donates Food to Stop Arthritis Telethon
Hody's Restaurant chain will donate food for the Stop Arthritis telethon this Sunday featuring 600 enter tainers contributing their talents to raise funds and awareness for arthritis research and relief efforts.
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Hody’s
Hody's
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