Hodge Scandal Probe Calls for FDIC Reform
In a Senate Banking Committee FDIC inquiry, Fulbright urged changes to bank oversight after Chicago area banks tied to former Illinois state auditor Hodge highlighted gaps. He suggested consolidating FDIC to a single board, tighter state supervision standards, and measures against conflicts of interest and revolving door moves.
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Washington
Sen
Fulbright
D-Ark
Idio
Orville
Hodge
Insurance Corp
Bank and Trust Co
Chicago
Illinois
FDIC
Eureka OKs Bonds for Water System Upgrade
Eureka approves a 12 million dollar bond issue to build reservoirs and repair flood damaged water system. Humboldt Bay area plans to develop a water supply to attract pulp mills and other heavy industry, aiming to boost regional growth.
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Eureka UP
Eureka
Humboldt Bay Area
Copter Used to Get Plane From Danger
A U S Air Force helicopter from Ft Bragg plucked a damaged light airplane from the stormy Shackleford Banks and ferried it to Ft Macon. The Norfolk based National Guard plane crash landed on the outer Banks island after vapor lock during refueling. Pilot Capt R E Hopkins reported no injuries.
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Morehead
City
N.C
Shackleford Banks
Ft. Macon
Air Force
Ft. Bragg
National Guard
Norfolk
Banks
R. E. Hopkins
Henderson rally resolves to fight school integration
In Henderson Kentucky anti integration leaders urged a crowd of over a thousand at a park rally to continue boycotting integration in local schools. The event, led by White Citizens Council officials, followed a ministerial call to keep children in county schools amid a contentious court ruling and ongoing protest.
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Henderson, Ky
Henderson
Don Weaver
Geneva
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