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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
May 25, 1954
Page
18
Secretary Benson said plans to sell 375 million pounds of government butter at bargain rates to domestic users would be too costly and fail to curb future surpluses. He noted rejected ideas could have cost the government at least half a billion dollars and described several blend proposals as impractical.
The Foreign Agricultural Service reported improved prospects for the 1954 55 world coffee crop. Production in Brazil may fall again but larger yields in other regions could largely offset the decline as strong world buying continues.
A Durham, North Carolina insurance agent was arrested and charged with hoodwinking his own company by faking insurance and death claims totaling more than 1500 dollars. Deputy State Insurance Commissioner Robert Boone said the agent claimed the falsified claims were reported to home office officials as a possible method.
In Meridian Mississippi viewers and participants gather for the two day hillbilly music celebration. Folk lovers from all parts converge as the national event opens with performers arriving for the start of the festival.
Ta Tac News Agency says at least 20,000 Russians reside in Tsingtao on the North China coast. It reports 70 percent are advisers to the Chinese Reds, with naval personnel and dependents among the group.
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