West Germany thrives by ignoring U.S. economic advice
An LAC critique notes West Germany's 1951 stance to boost private investment, higher depreciation allowances and tax benefits, keeping wages and prices down to stay competitive. It argues U.S. experts wrongly favored government spending and controls, while Germany prospered with enterprise and low unemployment. The piece contrasts fiscal policy with rationing.
MENTIONED IN THIS ARTICLE
U.S
Kennedy
West Germany
Germany
L. A.C
MacArthur Leads Manila Fourth of July Celebration
Throngs in Manila hail General Douglas MacArthur as liberator during the largest Independence Day event in Philippine history. He delivers a long address to about 400,000 in Luneta Park, pledging U.S. support and recalling shared alliance.
MENTIONED IN THIS ARTICLE
Douglas MacArthur
Philippines
Manila
Luneta Park
Carlos P. Garcia
MacArthur
Austere Parties Mark 4th in U.S. Embassies
U S embassies abroad trimmed Independence Day celebrations under Kennedy orders to cut spending. In London the cost fell to 1 to 15 percent of last year with guest lists slashed from 2,700 to about 350. Paris canceled the garden party, hosting about 300 officials at the ambassador's residence.
MENTIONED IN THIS ARTICLE
WY Associated Press
Independence
U.S
Kennedy
U. S
London
David K. E. Bruce
Paris
James Gavin
Gavin
Lovesick USC Grad Takes Our Life Hawthorne
Hawthorne briefly describes a tragedy involving William E. Swanson a 24 year old USC graduate found dead in a Hawthorne trailer park after a dispute with his girlfriend who notified authorities and said they had dated six weeks. The incident occurred Tuesday with Swanson reportedly shooting himself before death. Hospital reports confirm he was rushed after the shooting.
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St. John
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Idaho
Hemingway
Patrick
Africa
Taylor Williams
Sun Valley
Cuba
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Iemingway
Hawthorne
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Swanson
Aspital
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Ell Swanson
Cerrito
Arthur Modiva
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