U.S. debt limit hike eyed as Treasury plans new request
Washington notes the administration plans to take a fresh debt limit request to Congress within a week or so. Officials foresee borrowing needs for the current fiscal year as tax receipts fall, while considering possible exemptions for certain intragovernmental and pre tax date borrowings to avoid revealing true debt levels.
MENTIONED IN THIS ARTICLE
Washington
Congress
Treasury
Union Leader Warns of Welfare Fund Rackets
AFL vice president and ILGWU head David Dubinsky says rackets have sprung up around large labor welfare funds and congressional action is needed to protect them. He adds unions may not police fund use without reform, a view echoed in The Federationist. Congress and Senate committees study the issue at Eisenhower's request. Senator Humphrey has proposed full financial reporting and state investment standards for funds.
MENTIONED IN THIS ARTICLE
Washington &Union
David Dubinsky
Dubinsky
AFL
International Ladies Garment Workers Union
Federationist
House
Senate
Ident Eisenhower
Sen
Humphrey
D-Minn
Southeast Asia
China
United Nations
Knowland
Republicans
United States
U.N
Eisenhower
Congress
Sen. McCarthy
Burglar Steals $100 Then Starts Fire in El Monte
A burglar stole $100 from James Jones residence in El Monte California and left a burning cigarette. The blaze destroyed a $4,300 house and sparked roof damage on nearby homes. Two women, Mrs. Bertha Salazar 36 and Mrs. Sophie Kretzu 40, suffered heart attacks fleeing their homes and were hospitalized.
MENTIONED IN THIS ARTICLE
EL Monte
Calif
James Jones
Bertha Salazar
Sophie Kretzu
Eisenhower Sees July 4 Pause Amid World Troubles
President Eisenhower greets the Fourth of July with relief amid ongoing battles with Congress over tax and farm bills and a tense foreign scene. Senate approval of the tax revision bill pleases him while farm policy remains unsettled. McCarthy’s Army clashes and U.S. diplomacy with Britain, France, and China color a difficult election year landscape.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Congress
Legislative Branch
Senate
House
Sen. McCarthy
R-Wis
Virginia Police Credit Radar With Drop in Holiday Deaths
Virginia police credit radar devices with reducing holiday traffic deaths. During the July 4 weekend last year 21 people died on Virginia highways. in the first two days of this year’s three day period only five deaths occurred.
MENTIONED IN THIS ARTICLE
Richmond
Virginia
Britain and U S vow to block Red China UN bid
Washington reports that President Eisenhower and Secretary Dulles told British leaders they will use all means to block Red China’s bid for UN membership. Churchill and Eden signaled Britain will try to avert a showdown this year but face pressure to actively back Beijing. The talks hint at widening Western rifts over the issue.
MENTIONED IN THIS ARTICLE
McCarthy
Eisenhower
United States
Britain
Winston Churchill
State Dulles
Geneva
Free World
Indo-China
Dulles
Walter Bedell
Washington
Red
Europe
Southeast Asia
Irregular Rainfall Triggers Famines in India
The piece notes that uneven rainfall is a leading cause of recurring famines in India, emphasizing climatic variability as a key factor in agricultural distress and food shortages.
MENTIONED IN THIS ARTICLE
India
Truman Considered Out Of Danger Now
Kansas City news reports Harry S. Truman improves after gall bladder and appendix operation and is now out of danger. Doctors plan to discontinue twice daily bulletins as Dr. Wallace Graham notes minimal weight loss of about five to six pounds. The 70 year old president recuperates at a research hospital.
MENTIONED IN THIS ARTICLE
Kansas City
Harry S. Truman
Uhik
Oak Amend
Wallace Graham
Truman
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