Budget Deficit Financing Rears New Economic Pressures
Business leaders react to the President's expansive budget proposing more foreign aid, housing credit limits, tax tweaks, and loophole closures while noting two trends. First, arms spending shifts. 1954 onwards may see lower defense orders, boosting production this year but reducing government inflows later. Second, pay-as-you-go gives way to deficit financing, signaling government-backed prosperity now but inflation fears from bankers as credit tightens and dollars loosen. In 1946-49 American business spent about 67 billion on plant and equipment.
Bellans Tablet Promises Fast Heartburn Relief
An old advertisement touts Bellans tablets as the fastest-acting remedy for heartburn and related distress, claiming quick relief from indigestion and gas for 25 cents.
MENTIONED IN THIS ARTICLE
Bellans
Eight Hamilton youths linked to multiple thefts
Hamilton detectives say eight burglaries and a shoplifting case are solved as 11 juvenile suspects aged 11 to 17 await arraignment. Confessions tie youths to seven West Side businesses, with three boys ages 12 to 15 admitting Polk School break in. Additional arrests cover cigarette thefts, tools, and $136.83 from a service station.
MENTIONED IN THIS ARTICLE
Hamilton
Stanley Werlein
Polk School
Episcopal Bishop Opposes Lotteries and Raffles
In Los Angeles the Episcopal Diocese leader Bishop Francis Eric Bloy urged churches not to raise funds through raffles or games of chance. He condemned accepting outside money from horse race charity days or lotteries and charity games, calling on the church to stay true to its beliefs.
MENTIONED IN THIS ARTICLE
Los Angeles
Francis Eric Bloy
Los Angeles Episcopal Diocese
Thirst Quenchers Grid Puzzle Clues
A compact set of crossword style clues across horizontal and vertical entries. Includes apple beverage, Greek island, Malt beverage, coast, sows, ironies, and other terms with several short defining hints. Solving yields a grid of interlinked answers.
Plan To Unify Europe Praised By Congressmen
Eisenhower's call for a European unity convention drew praise from Republicans and Democrats including Kefauver and McMahon. Senators Wiley and Case also endorsed the move, saying unity strengthens defense and cooperation in Europe amid NATO burdens. The SHAPE statement marked his first public remark since accepting the nomination.
MENTIONED IN THIS ARTICLE
Edwin B. Harkinson
Washington
Dwight D. Eisenhower
Europe
Supreme Headquarters, Allied Forces In Europe
SHAPE
Eisenhower
Russia
United States
Sen
Kefauver
D-Tenn
Sen. McMahon
Dconn
Illinois
Wiley
R-Wis
GOP
Foreign Relations Committee
Ike
Sen. Case
R-Sd
Gen
Drivers Adapt To Winter Cold Urged By Auto Club
The Butler County Automobile Club notes that winters used to halt cars but now vehicles stay in use year round. Winter driving demands motorists adjust habits with proper heaters, defrosters, chains, and cautious braking to avoid accidents as snow and ice persist.
MENTIONED IN THIS ARTICLE
Martin Thomas
Butler County Automobile Club
Thomas
Gifts To Oxford Bring Dream Of Hospital Closer
Oxford villagers move closer to a memorial hospital as estates donated by Heath McCullough and later Ben Hyde push the total value toward 1.4 million dollars. The January 1 valuation will be reported February 5 to the village council, with additional 500,000 to come from the Hyde estate.
MENTIONED IN THIS ARTICLE
Oxford
Heath- McCullough
McCullough Memorial Hospital
Ben Hyde
College Corner
Also Mentioned on This Page
Business Mirror
By Sam Dawson
New York
ST. Main ST
Episcopal
Akaisa We
Oime
Aca
Lure Again
Bear
Truman
State Acheson
Gen. Eisenhower
Auto Club
Dream of Hospital
Central Ave
Dial
Louis F. Jones
Mgr
OF Fashion
Dallions
Dame Fashion
Crepe
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