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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
May 20, 1959
Page
8
Story notes a doctor inspired by a brass plate inscription in a Chinese wall seeks wider circulation for timeless wisdom from Jere Reader's Digest. The piece promises increased happiness and reduced worries through shared wisdom.
The Senate passed a bill to boost taxes on life insurance companies for 1958 operations and 1959 estimates, aiming for a total levy of about 535 million dollars. Endorsed by 34 life firms, the measure would tax underwriting income and policy gains under a revised framework, with House and Senate versions near compromise.
Arrangements were made Tuesday for sale of a New York Stock Exchange seat at 145000, up 5000 from the previous sale. The current market shows 130000 bid, not 150000 asked.
Iraqi radio in Baghdad says 21 Soviet experts will arrive next week to assist implementing the land reform law. The report notes the party will have seven interpreters to aid the effort.
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