Windfall Fraud and FHA Backed Loans in Postwar Housing
A discussion of pre and post 1951 prosecution limits for fraud tied to government backed loans under the National Housing Act. It details how Title 6 and later Title 8 authorized 90 percent guarantees, the role of FHA appraisals, possible windfalls from cost savings, and legal questions regarding timing of crimes and potential prosecutions.
MENTIONED IN THIS ARTICLE
Senate Banking Committee
Congress
Federal Housing Administration
FHA
Jones
Jones’ Company
Jones Company
Markets react to potential mandate delay in gas regulation case
The commission moved forward before Supreme Court mandate, signaling surprise to markets. Texas New Mexico and Oklahoma seek a stay and rehearing while Justice Minton weighs it. Gas consuming areas like Wisconsin and Michigan argue federal regulation is needed to curb price increases.
MENTIONED IN THIS ARTICLE
Acemion
Phillips
Texas
New Mexico
Oklahoma
Sherman Minton
FPC
Wisconsin
Michigan
Chicago
Sean Eon
New York
Admiral Bhae
Commission
Am Tel & Tel
Beech Aire Atchison
Beth Steel
Boeing Air
Bran Airw
Chrysler
Pont
Eagle P
Jurisan
Elec
D& Kendall
Coatman Jerome Gen Motors Grace Co
Greyhound
McKess
Penney
Phill Pet
Radio Cp
Reyn
St Reg
Sears Roed
Socony
D &Jt
Tide Wat
UN Pac
DM US Steel
Explosion devastates town as fireworks plant blast damages two dozen buildings
An explosion at a fireworks plant injures twenty people and damages thirty small structures and two larger assembly halls on a two acre site. Police recovered a stolen carton of lead azide, sparking townwide panic as residents fled and cried in the streets.
MENTIONED IN THIS ARTICLE
Telephone Exchange
Nap-Hating Kids Get Good Sleep
In Los Angeles, John Welch age 3 and his sister Linda age 2 resisted naps. After bedtime, they climbed to the bathroom, found a bottle of sleeping tablets, took some and quickly fell asleep. Mrs. Lois Welch rushed them to a hospital. Linda is reported to be okay.
MENTIONED IN THIS ARTICLE
Angeles
John Welch
Linda
Lois Welch
John
Welch
Mexican official resigns after funeral turns political display
In Mexico City the director of the Fine Arts Institute resigned after criticism that Frida Kahlo’s funeral was used as a Communist demonstration. Kahlo, 44, died Tuesday morning, and her coffin draped in a Communist flag lay in state at the institute before the funeral. The National party called for Iduarte’s firing, and the institute announced his resignation hours later.
MENTIONED IN THIS ARTICLE
Mexico City
Mexico
Fine Arts Institute
Diego Rivera
Frida Kahlo
Andres Iduarte
Institute
Iduarte
Air Force Outnumbered in Orient by Reds 3 to 1
Tokyo report says Communist air armada totals 7,500 combat planes in the Far East, tripling U S strength. General Partridge notes gains by Russia China and North Korea in air power and says U S would use atomic weapons if needed. FEAF trains a new Japanese air force to bolster regional air control.
MENTIONED IN THIS ARTICLE
Partridge
Russia
China
North Korea
U.S
Far East
Myre
Japan
Pacific
Sakhalin
Kurile Islands
Siberia
California
FEAF
Tridge
That’s No Burglar That’s My TV Set
In Phoenix Arizona four police cars rushed to a house amid a burglary report. Mrs. Lucille Patterson returning from a movie warned of a man with a flashlight. Officers entered and found the light came from a TV set she forgot to turn off.
MENTIONED IN THIS ARTICLE
Phoenix
Ariz
Lucille Patterson
Altus Housing Project Gets House Committee Approval
Rep. Victor Wickersham announced that the House Armed Services Committee authorized 370 base housing units at Altus Air Force Base and rejected similar proposals for Fort Sill and two other Oklahoma bases. The plan, a straight government construction program, would use remaining funds in a future bill and rely on direct construction rather than lease purchases.
MENTIONED IN THIS ARTICLE
Altus Air Force Base
Senate
Victor Wickersham
Oklahoma City
Fort Sill
Tinker Air Base
Wickersham
Apy
Press Altus
Ing
Don’t You Dare Bite That Poor Dog
Galveston deputies Cuccia and Bankston approached a house to serve a warrant. A large dog charged from the rear, growling as Cuccia asked what to do if bitten. Bankston quipped to bite the dog back, prompting a woman inside to shout don’t you dare bite my dog.
MENTIONED IN THIS ARTICLE
Galveston
Johnnie Cucci
Frank Bankston
Cuccia
Bankston
Food Shortages Spark Crisis in East Europe
The Free Europe Committee warns shortages in Russia and satellite states strain the Kremlin amid a breakdown in Soviet agriculture. It says Moscow fears a war could threaten the entire Soviet system. Lawton club cancels noon meeting. group to gather at 5:30 p.m. at Emerson School for a picnic honoring members.
MENTIONED IN THIS ARTICLE
New York
Free Europe Committee
Russia
Kremlin
Moscow
Lawton
Emerson School
Lie Test Sought In Thorne Case
Police pursue lie detector testing in Thorne case with unresolved questions. Coroner’s inquest witness Magistro says he would take a test if others do and if parents consent. Estate bequests include portions to Maureen Ragen and her mother, while the mother Marion holds a one eighth share. Inquest to resume Monday amid a separate note on the South African diamond industry born from a Boer farmer’s find in 1866.
MENTIONED IN THIS ARTICLE
Thorne
Fordham University
Magistro
Ciga
Iaan Ek
Maureen Ragen
Aleen
Marion
Ad v
Campaign Costs listed in Oklahoma secretary race
Oklahoma City July 16 details show Beatin Whaley’s unsuccessful bid for secretary of state incurred expenses and legal costs including notary fees as part of her campaign paperwork.
MENTIONED IN THIS ARTICLE
Oklahoma City
Beatin Whaley
Credit Women i ug DPaty Credit Women i ug DPaty
Members of the Women’s Breakfast club plan a fundraiser at a home hosted by Mr. and Mrs. with Nora Burger as food committee lead and game prizes. The group votes to again sell Christmas cards as a raising project and youth education efforts are noted for August.
MENTIONED IN THIS ARTICLE
Nora Burger
Bess Christy
Ae ‘National
Kidwell
Southern Bell Telephone Office
Rachel Wray
Zele Sperling
Neely, Werks
Also Mentioned on This Page
U. S
Supreme Court
Rioys
C. G. John’s Watch Repair
D ‘Avenue
Crosley Shelvador
Ony
Crosley
Cache Road Furniture CO
Cache Road
Piper
Bourevarn
Drarmacy
Fort Sill Blvd
Bernell Gilbert
Mgr
Lawton’s
Prescription Center
Orient
Tokyo
America
Segmeau
Redbaden
Call, Joe Ford
Emery
Altus Housing Project
Besco A
Builders Equipment & Supply CO
E. Gore Lawton
Okla
East
Europe
Tocol
A&m
Harry Routh
Fred Melton
C' Avenue
Pittsburgh Paints
SHE Farmers Lumber Company
G Avenue
Lear
Safeco Auto Insurance
Safeco
Howard & Howard
D Ave
EACTS
Packard Lipper
Packard Clipper
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