Dangerous financing threatens inflation via short term bonds
LA.C. critiques Congress inaction on long term bond rates, arguing reliance on short term notes expands money supply and fuels inflation. The column cites a hypothetical $100 million bank loan to the Treasury, notes monetization, and warns of higher borrowing costs and broad economic impact. The author, LA. Cotin Sr., reflects on a complex monetary system and public economist concerns.
MENTIONED IN THIS ARTICLE
Congress
Changing Times Magazine
Treasury
Secretary of the Treasury
Anderson
Tomorow
United States
Bureau of Engraving
La.c
Gulf States clash in court over tidelands reach
Independent Washington reports the US asks the Supreme Court to limit Gulf of Mexico state ownership to three miles while Gulf states push for a three league boundary. Solicitor General Rankin leads the government in long hearings on the dispute amid millions in drilling fees and competing claims. Louisiana Attorney General Gremithon contests the three mile norm, arguing historic and Congressional recognition of broader Gulf boundaries.
MENTIONED IN THIS ARTICLE
Gulf States
Washington
UPC
Supreme Court
Gulf of Mexico
Lee Rankin
Jack P. F. Gremithon
Louisiana
Rankin
Congress
Long Beach Negro Attorney Named To National Travelers Aid Board
Edwin Wilson a 44 year old Long Beach general practice lawyer was named to the national Travelers Aid Society board. He is the first African American on the six member panel directing the agency’s 102 societies. Wilson will head the West Coast division and is a World War II Army veteran and Pacific Coast Law School graduate. He and his wife Marian have a son Edwin 15 a Poly High student.
MENTIONED IN THIS ARTICLE
Long Beach
Edwin Wilson
Travelers* Aid Society
Wilson
Donald Sl .Straten
New York City
Ational
Traveler's Aid
Pacific Coast Law School
Marian
Edwin
Poly
Court Spurns Candy Barr Dope Appeal
The Supreme Court on Monday refused to review a 15 year sentence for narcotics possession tied to Candy Barr a Dallas stripper whose real name is Juanita Date Phillips The case noted marijuana was found in her apartment in 1957 claims of a dancer friend leaving the drug were offered The appellate courts had denied review and she was freed under an appeal bond
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Candy Barr
Texas
Dallas
Juanita Date Phillips
Long Beach hotel scene glimpsed in partial report
Fragmentary OCR notes describe a beach area near a Huntington Hotel block long, with unclear event references. The text mentions a raven and cries, plus teaser-like phrases about a game or chase, but specifics are not recoverable.
MENTIONED IN THIS ARTICLE
Huntington Hotel
Raven
Ted
Nba
Iran arrests 81 narcotics smugglers in Tehran cache haul
Iranian authorities announced arrests of 81 narcotics smugglers in a sweep across central and southeastern Tehran. Police seized 220 pounds of opium and 13 pounds of heroin during the operation.
MENTIONED IN THIS ARTICLE
Nab
Tehran
Iran
Optum
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