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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
Jan 14, 1960
Page
1
L.A.C. argues for tight money to curb inflation, noting high interest rates raise borrowing costs and could slow growth. The column discusses Federal Reserve policy, potential recessions, and the political calculus of limiting credit to preserve currency value and long term economic health.
The veteran Soviet diplomat Malik, serving since 1937 and based in London, is being relieved of his post as ambassador and will return to Russia. Alexander Soldatov will head the American section of the Soviet Foreign Ministry, succeeding Malik after eight years in Britain. The transfer follows reports of his move to Washington and the United Nations.
President Eisenhower's budget proposes seven additional intercontinental ballistic missile squadrons with a total of 70 missiles, boosting Atlas and Titan units to 27 and overall ICBMs to 259. It also calls for three new Polaris submarines with 1,500 mile range, bringing Polaris subs to 12. The plan, approved last November, aims to expand the United States missile arsenal amid postwar competition with the Soviet Union.
In Fairbanks Alaska a motorist reported passing a man hitchhiking on his knees in 46 below zero. The man, later hospitalized for exposure, explained he rode on his knees because his feet were cold.
A fast moving storm dumped up to 19 inches of snow in Flagstaff and the Grand Canyon, while heavy snow and ice affected the Northeast. U S 66 traffic slowed from the New Mexico line to California. roads closed. rock slides reported. Power outages occurred in Hornell and several towns. two deaths in New York and one in Pennsylvania from traffic accidents.
The item is a mid-century newspaper imprint noting publication details for the Independent Daily at Sixth Street and Pine Avenue, Long Beach California. It includes entry and adjudication dates, postal or court references, and delivery details with names such as Matt Bingle.
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