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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Aug 25, 1958
Page
4
The Middletown Journal announces subscription prices including 5¢ per weekday copy 15¢ Sunday, 45c weekly by carrier, 10 annually by mail in trading area, 17 50 outside trading area, and 35 for outside US. Published daily by News-Journal Inc. Founded 1857.
The Federal Reserve Board authorized the San Francisco bank to raise its rediscount rate to 2 percent, signaling a broader move by 11 regional banks. The policy shift, tied to inflation worries and presidential pressure, follows recent margin changes and reflects a rare postwar tightening during a recession with stubborn prices and unemployment.
Critics argue the Senate rushed a labor reform bill that contains good provisions but also vague sections on employer influence of workers. They warn the measure could foster new abuses while lacking public hearings and thorough study.
Hal Boyle surveys quirky space age ideas and oddities from mail, noting Megacorpse meaning a million dead awaiting disposal after a nuclear attack. He lists humorous facts about optics, travel, hospitality, and other curiosities from the era.
George Sokolsky assesses radio and television as news providers with speed but weaker editing than newspapers, notes bias in commentary, and questions defense-era controls on press criticism. He praises NBC’s Music Through the Night with Fleetwood, contrasts it with today’s generic programming, and highlights the vibrant Tanglewood season driven by young audiences and Fiedler’s jazz appeal.
A Senate Rackets Committee session exposed Barney Baker, ex-con linked to Jimmy Hoffa, as Hoffa's henchman. Baker, described as dim witted, followed orders from Adonis and others, with Hoffa dictating outcomes in their mob-linked circle. Baker’s antics contrasted with Hoffa's control, drawing moral outrage and highlighting organized crime ties to labor figures.
The body of Paul J. Banker assistant managing editor of the Baltimore Sun and former Middletown News Signal editor was recovered from the Magothy River after a squall. Dr W H Roehli aided a station attendant burned in an explosion by dousing flames with a raincoat. Chester Wendt named coach and P G Banker appointed manager of Armco Triangles basketball team for the winter season. John Gibbs son of Mr and Mrs Gibbs returned from camp in Wisconsin with a trophy as top boxer in camp. Elmo Lingrel of Middletown High School taught at the camp.
Dorothy Kilgallen notes Liz Whitney Lunn seeks divorce from Dick Lunn amid property talks while Gina Lollobrigida’s blues concern her. Nora Kaye nears fourth marriage to Herbert Ross. Arthur Loew Jr. faces Liz Taylor’s influence. Lyndon Johnson quietly builds a nationwide leadership network. Barbara Bennett’s death mystery prompts relatives’ inquiry.
Advice urges staying in to avoid fatal highway weekend. Warns holiday traffic will be heavy with anxious drivers and slow motorists, noting dangers of impatience. Recommends backyard barbecue or local amusements like Le Sourdsville Lake or Coney Island for safer fun.
Washington columnist Fulton Lewis Jr argues that a Red invasion of Quemoy Island is unlikely and impractical. He notes Quemoy blocks Amoy and would be costly to seize, while U S Seventh Fleet could intervene. He highlights strong Nationalist defenses on Quemoy and mainland Communist vulnerabilities along the coast.
A London barber adds shave-yourself booths with electric razors drawing buzz. Burglary Prevention Week celebrates in an eastern town as ideas cross borders. A light note roundup of quirky items with regional spins.
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