Hearings Set on U S Navy Tug Program
Miami hearings on a Navy tug building program will begin within two weeks. Sen George Smathers says the Small Business Subcommittee opened a preliminary probe after a Miami Herald series. FBI confirms an inquiry into Smiths Basin and Dry Peck Co Port Everglades to check possible federal law violations involving five contractors including Olson Corp Beresford Fla Missouri Valley Corp Leavenworth Kan Fellows and Stewart Wilmington Calif and American Boiler Works Erie Pa.
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Missouri Valley Corp
Leavenworth
Kan
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Erie
Economist Brown sees possible upturn but warns of volatility
Washington analyst Henry Brown of Columbia University told the U S Chamber of Commerce he sees encouraging signs of revival starting recently but warns it may be temporary and last only a year or two. Federal Reserve Governor A L Mills echoed cautious optimism about resurgent activity aided by fiscal policy while Brown doubts a sustained prosperity surge is imminent.
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Civil Defense Drill Draws Spokane Crowd in Mock Atom Bomb Exercise
In Spokane Washington civil defense officials showcased Operation Walkout a mass evacuation drill for a metropolitan area. Amid rain and wind thousands moved from a 10 by 15 block business area to a fireball edge perim. The test drew a large local audience and TV coverage as 19 000 evacuees were estimated. Civil defense director John Lenhart called the outcome better than expected and the drill aimed to spur readiness against a Russian bomber attack.
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