Realistic Interest Rates Vital for Government Bond Market
President Eisenhower warned the government risks trouble if it cannot compete for funds with realistic interest rates. He suggested a possible rise in the interest rate ceiling on government bonds to attract money in a tight market. In remarks to the Society of Business Magazine Editors, he said the U S must bid on bonds like private business to manage its 285 billion dollar debt.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Congress
U. S
Society of Business Magazine
United States
Sanity hearing set for Gov Earl Long in Galveston
Galveston Texas AP Pro bate Judge Hugh Gibson set a sanity hearing for Louisiana Governor Earl K Long for June 16 at the Galveston County Courthouse annex. The hearing, requested by Mrs Long, aims to determine commitment for mental treatment, with Long to be present or represented by counsel. The governor began mental treatment after a hush bush trip from Louisiana and remains under state care at John Sealy Hospital.
MENTIONED IN THIS ARTICLE
Galveston
Tex
Hugh Gibson
Louisiana
Earl K. Long
Gibson
Long
Ve. John Sealy Hospital
Here
Galveston ‘County
Gibson Carling
Texas
Postmaster Nominee for Brookville Confirmed by Senate
The Senate confirmed President Eisenhower's nomination of Harold H. Allshouse as postmaster of Brookville. Dean's Restaurant at 533 Philadelphia Street will close for employee vacations Monday at 7:30 a.m. It will reopen June 15 at 6 a.m.
MENTIONED IN THIS ARTICLE
Washington
Senate
Eisenhower
Harold H. Allshouse
Brookville
Dean's Restaurant
Phila, St
Pittsburgh Elevator Mechanic Dies From Fall at Gateway Center
Frank A. Schilling, 52, of Pittsburgh, plunged to his death Thursday while working as an elevator mechanic for Westinghouse Electric Corp. at Gateway Center Building No. 4. The incident occurred at the new complex where Schilling was on duty.
MENTIONED IN THIS ARTICLE
Pittsburgh (Ap
Frank A. Schilling
Pittsburgh
Gateway Center
Schilling
Westinghouse Electric Corp
Truck Out Of Control Collides Headon On Route 422
A brick-laden tractor-trailer crossed the center line on Route 422 near Elderton and crashed head-on into a car, injuring nine-year-old James R. Marsh and his mother Evelin Marsh. The boy remains in critical condition at Armstrong County Memorial Hospital. Truck driver Marion E Oakes, 34, of Martinsburg, faces reckless driving charges and escaped injury. Damages: auto about 2500, tractor-trailer about 3000. The crash occurred about 4 50 p m yesterday.
MENTIONED IN THIS ARTICLE
Elderton
Armstrong County Memorial’ Hospital
James R. Marsh
Kittanning
Evelin Marsh
Marion E Oakes
Martinsburg
Marsh
Criti- Fmi
Beig
Indiana Man Indicted In Tax Violation
An Indiana man named Karl K Hetager aged 35 of 1680 Philadelphia Street was listed in Pittsburgh as violating Federal Income Tax laws. The grand jury also returned 62 other indictments from a Western Pennsylvania rackets probe including Frank Parrotto 41 of Carnegie and Abe Zeid 51 of New Kensington.
MENTIONED IN THIS ARTICLE
Indiana Iman
Pittsburgh
Karl K. Hetager
Philadelphia Street
Wilmer
C. McKelvey
Kittanning
Pennsylvania
U. S. Attorney's Office
U. S. Atty. Hubert
Teitelbaum
Indiana
Victor Riesel comments on John L Lewis Meet the Press
Column notes Victor Riesel’s take on John L Lewis’s appearance on Meet the Press. Mentions page 6. Also references Laura Lamar and the baseball team capturing the Section 2 tricounty league championship with coverage on pages 14 and 15. Weather looks mostly sunny and warm today and Saturday with a chance of late thunder showers. highs in the 80s and fair nights.
MENTIONED IN THIS ARTICLE
Inside
LABOR
Victor Riesel
John L. Lewis
Meet the Press
Laura Lamar
Light plane pilot Max Conrad completes 7638 mile Africa to LA hop
The 56 year old pilot described as a grandfather finished a 56 hour 38 minute nonstop flight from Casablanca Morocco to Los Angeles with stops in Corpus Christi El Paso and Phoenix. He said mint tea in flight made him ill but recovered after landing. Conrad, who delivers airplanes worldwide, reported 18 gallons of fuel remained and noted family supporters awaited him in Los Angeles.
MENTIONED IN THIS ARTICLE
Conrad
Max Conrad
International Airport
Los Angeles
Casablanca
Morocco
Africa
California
Cuba
Corpus Christi
el Paso
Tex
Phoenix
Ariz
San Francisco
L.A
Molly
Blairsville Teens On Tower Hunt Foiled By Fire Crews
Blairsville firefighters woke at 3 a.m. to a sight atop a 75 foot water tower near Market Street. Three local teens, claiming to camp for the night, admitted they were hunting pigeons. Railroad police sent them home after a verbal lashing. they kept the pigeons. The Lions Club record at Armory listed events for Friday with a free half hour program.
MENTIONED IN THIS ARTICLE
Blairsville
Market St
Torrance State Hospital
Neigls
P.S
Lions Club
Armsory
Il P. m
Two Injured In Accidents Yesterday In Indiana County
Dorothy Deptola, 41, of Homer City, is in satisfactory condition at Indiana Hospital after a two vehicle collision with a Baltimore and Ohio train on Route 119. A Johnstown man, Robert Cruse, 22, injured on Route 403 when his motorcycle toppled, with damages estimated at 50 dollars.
MENTIONED IN THIS ARTICLE
Dorothy Deptola
Jacksonville Road
Homer City
Indiana
Deptola
Baltimore and Ohio
Johnstown
Robert Cruse
Walnut St
Lee Hospital
Air Force plans first glide flight of X15 rocket plane
Edwards Air Force Base California reports the Air Force aims to launch the experimental X15 rocket plane on its first gliding flight. Test Pilot Scott Grogsfield will pilot as the X15, designed to reach altitudes to 100 miles, is dropped from a B52 at 38,000 feet. The test was moved up from Thursday to today with early morning plans.
MENTIONED IN THIS ARTICLE
Edwards Air Force Base
Calif
Air Force
Scott Grogsfield
Gromyko Hints Reds To Concede In Berlin Talks
Soviet Foreign Minister Andrei Gromyko signaled in secret talks that the Soviet Union may concede Western rights to maintain military garrisons in West Berlin indefinitely. Western diplomats see this as a bid to gain prestige for East Germany and to test Soviet willingness to compromise in the Berlin crisis.
MENTIONED IN THIS ARTICLE
Geneva
Andrei Gromyko
Soviet Union
West Berlin
Ris
U.S
Christian A. Herter
Berlin
Gromyko
West Germany
West ‘Berlin
Nikita Khrushchev
Moscow
Top Student Admits Killing Of Girl
A 15 year old honors student, Edward Cooney Jr, confessed to strangling 3 year old Becky Holt, daughter of a University professor. He led investigators to a basement where the body was found, then spoke with a priest about his deed as neighbors reacted to the shocking admission.
MENTIONED IN THIS ARTICLE
Philadelphia
Edward Cooney Jr
Becky Holt
Cooney
Holt
Must Ban Segregation Must Ban Segregation
Atlanta district judge Hooper issued a preliminary order barring racial segregation in the city schools. The hearing by Hooper and Sloan involves Negro parents seeking desegregation, with both judges previously ruling against segregation in recent cases.
MENTIONED IN THIS ARTICLE
Hugh Schutte
Atlanta, Ga
Frank A. Hooper
Atlanta
Hooper
Boyd Sloan
To Keep Iron Grip On Policy
Konrad Adenauer reversed his plan to resign as chancellor and keep directing West Germany's policy. He convened an emergency party meeting to explain his decision, conflicting with the idea of appointing a successor. Ludwig Erhard, favored by many, was surprised and remained abroad in the United States.
MENTIONED IN THIS ARTICLE
Bonn
Germany
Konrad Adenauer
Hight
West Germany
Adenauer
Christian Democrat Party
Franz Etzel
Ludwig ‘Erhard
Erhard
United States
Washington
Gol
Cancer Society to Intensify Smoking Danger Drive
The American Cancer Society in Boston approved pilot showings of a 17 minute film to educate physicians and the public on cigarette smoking dangers. Dr Dean Davies and Dr Howard C Taylor noted global studies show lung cancer patients are largely smokers, while the Tobacco Industry Research Committee condemned the campaign as one sided propaganda.
MENTIONED IN THIS ARTICLE
Boston
American Cancer Society
Dean Davies
New York
Howard C., Taylor
Society
Tobacco Industry Research Committee
The
Cancer Society
Hearings Begin as Strauss Sails Through Senate Debate
Long debate opened today in the Senate over Lewis L. Strauss for secretary of commerce. The Commerce Committee split 9 to 8 in favor of confirmation in its reports filed Thursday night. Support grew with Sen Kerr as seventh Democrat backing the nominee, while Sen Langer signaled opposition. President Eisenhower’s pick faces a tight vote, with potential Nixon tiebreaking help and scattered Democratic support shaping the outcome.
MENTIONED IN THIS ARTICLE
John Chadwick Washington
Senate
Lewis L. Strauss
Commerce
Senate Commerce Committee
Strauss
Atomic Energy Commission
Eisenhower
Richard M. ‘Nixon
William Langer
R-Nd
Langer
Robert S. Kerr
Oklahoma
Sena
John 0. Pastore
Frank J. Lakaphe
Ohig
Dennis Chavez
Strom Thurs Pnd
Harry F. Byrd
A. Willis Robertson
Virginia
Lyndon B. Johnson
Texas
Johnson
Congress
Also Mentioned on This Page
Gloria
Gloria Vanderbilt Stokowski
Lumet
Supreme Court
New York City
Arnold Krakower
Leopold Stokowski
Stokowski
Stan
Chris
Gov. Long
Inside the Gazette
Aladdis’ Lamp
Eustacus Mirror
Clannifiogy
Comes
Lresywords
Hanna Oles
Tvradio
Pineon Hunt
Rogers
Thy
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