Babson Warns of a New Debt Boom Amid High Confidence
Babson Park Massachusetts September 29 The speaker notes a rise in debt and collection agency business as Americans, confident about the future, spend on installment purchases. He cites 10 million families overextended and car and mortgage debts nearing 12.5 and 125 billion dollars respectively. He warns that higher spending without matching income could lead to financial strain. He discusses optimism versus potential busts since World War II and urges caution as boom times persist.
MENTIONED IN THIS ARTICLE
Babson Park
Mass
American Collectors Association
Addressing Debt and Living Within Our Means
A speaker warns that rising prices follow longer-term debt and shorter work hours. He urges individuals to work harder and borrow less to protect future generations and maintain the dollar’s purchasing power. He contrasts personal debt with federal debt and stresses responsibility to the community.
MENTIONED IN THIS ARTICLE
Biles
Soul Column Reflections on Baseball and National Pastimes
NEW YORK AP columnist Sidey rails against the mass spectacle of the World Series. He laments phony patriotic interest, calls baseball a mixed national pastime for children, and argues adults seek money, parking, and daydreams rather than genuine sport. He likens fans to Santa believers and warns against sports elitism.
MENTIONED IN THIS ARTICLE
New York Yankees
Brooklyn’ Dodgers
U. S
Supreme Court
Boyle
Santa Claus
Integration Backers Vote Pressure to Leave in Mississippi
In Tchula Holmes County Mississippi two white farm directors Dr. D. R. Minter and J. C. Cox faced demands to depart after alleged pro integration speeches. A 700 person meeting heard a tape of questions to seven Negroes about mixed activities at the Providence cooperative farm.
MENTIONED IN THIS ARTICLE
Tchula
Miss
Holmes County
D. R. Minter
C. Cox
Providence
Iitizens
Hall predicts 4 to 5 months before Eisenhower decision
Republican National Chairman Leonard W. Hall told a Bangor fund-raiser that Eisenhower’s 1956 re nomination decision will come in four to five months. He said Ike’s heart attack won’t change GOP course, emphasized the party’s strong 25 year position, and urged wider voter mobilization including independents and Democrats who supported the ticket in 1952. Hall blamed farm price declines on Truman and noted the Benson price support program starts with the fall harvest. He pledged the GOP would target Maine Governor Muskie in 1938 and warned against left wing pressures and big city labor bosses pointing to Maine as a 1956 trend.
MENTIONED IN THIS ARTICLE
Bangor
Maine
Leonard W. Hall
Eisenhower
Hall
GOP
Truman
Edmund 5
Muskie
Democratic Action
Also Mentioned on This Page
Babson
Ann Sheridan
Ozark
Adate Hard
Pachioned i Osgood
Kay
Indiana
4Ute Dobbs
Dobbs
Moorhead
NEW York
Metropolitan Opera
Philadelphia Street
Beauty
Ammered
Baby Foods
Junior Foods
Indiana Hardware Furniture
Woodbury Soup
Bonita
Nabisco
Armour'street
Alc
Better Stores, Inc
A. J. Bucchett
E. C. Fowler
John
Steatle & Fon
Church St
Croucher Street
School Street
Penna
Penta
Stanley Johnston
Kunkle Lumber Co
Davis
the Peoples Natural Gas Company
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!