Tax Bill Back To House
Washington AP A dramatic 50-44 Senate vote killed a Democratic sponsored income tax cut and sent the fight back to the House. The Senate passed a bill extending present corporation and excise tax rates a year beyond April 1. Democrats criticized the move as deficit spending while Republicans called the Johnson plan irresponsible. Senate also backed 61-32 to strike the $20 tax cut from the House bill. The fight shifts to House leaders and conference prospects with Speaker Rayburn reportedly resisting rejection.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Isenhower
Hower
Byrd and Robertson
Virginia
Ellender
Louisiana
George
Georgia
Holland
Florida
Lyndon B. Johnson
Texas
Sen. Langer
RND
Eisenhower
Johnson
Finance Committee
Joseph W. Martin Jr
Massachusetts
House Conserate
Aker
Rayburn
D-Tex
Could Win Minus Ihe Bridges Could Win Minus Ihe Bridges
Sen Bridges argues Republicans could craft a winning ticket if Eisenhower declines to seek a second term while expressing hope he will run. He notes GOP losses in off year elections were below average and cites a split within Democrats as a factor shaping prospects.
MENTIONED IN THIS ARTICLE
Washington
Sen
Bridges
Eisenhower
Senate Republican Policy Committee
Nixon
Los Angeles
Sparkman
D-Ala
Sen. Monroney
D-Okla
GOP
Man Finds Stolen Plymouth During Tulsa Vacation
Layman Hodges traced about 200 stolen cars in St Louis sold to Tulsa dealers. On his vacation he inspected recovered vehicles in the Tulsa Police Department lot and located his 1952 Plymouth, stolen November 2 from his home.
MENTIONED IN THIS ARTICLE
ST. Louis
Hodges
Tulsa
Okla
Finnish crew threaten strike on Aruba tanker to China
Finnish seamen union says crew of the tanker Aruba will strike rather than sail with jet fuel to Communist China. They cite Nationalist Chinese threats and a U N ban on strategic materials, warning the ship faces warlike actions unless directed to safer waters. Aruba reportedly refused to sail beyond Singapore and may be diverted to Indonesia for reloading.
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Red China
Formosa Straits
Helsinki
Finland
Finnish Seamen’s Union
Aruba
China
U.N
Gos
St Ay
Union
Re—Be Shipping Co
Indonesia
Constanza
Black Sea
Formosa
Hong Kong
Reds
Senate hearing warns of boom to doom risk in market
A Senate Banking Committee hearing explores the stock market surge, with A. Behe of the Philadelphia Bulletin warning of a potential doom cycle akin to 1929 if optimism outpaces fundamentals. Dorsey Richardson, head of the National Association of Investment Companies, says the rise reflects shifts in price levels earnings and technology over the past decade.
MENTIONED IN THIS ARTICLE
Washington
Senate
A. Livineswwn
Philadelphia Bulletin
Wall ‘Street
Wall
Livingston column notes weekly business items in Journal
Columnist J A Livingston writes a business column carried three times weekly in The Journal, delivering quick briefs on commerce, markets and local enterprise for readers.
MENTIONED IN THIS ARTICLE
J. A. Livingston
The
Journal
Market activity tied to economic expansion sparks investor caution
A congressional hearing on stock volatility followed comments by Humphrey Fulbright and Capehart as the market reversed a slide with the Dow showing its sharpest one day gain in 15 years. The AP average rose to 154.40, while experts warned of excessive speculation as more investors chase rapid gains and Nylon and Dacron stocks drew attention.
MENTIONED IN THIS ARTICLE
Sen
Capehart
Indiana
Fulbright
Humphrey
Associated Press
Livingston
du Pont
Bad Dream Realized in Tragic Cleveland Incident
William Mc Ardle of Cleveland reported a dream that his five year old daughter Gail would be killed by a car. The dream reportedly came true the following day as Gail was fatally struck by a vehicle.
MENTIONED IN THIS ARTICLE
Cleveland
William Mcc-Ardle
Gail
Date Bub For Cemetery Controversy Sparks Court Scene
In Cincinnati Municipal Court Robert J. Paul quipped that graveyards are full of men who spoke to other men's wives. Russell Wallingford, 42, was found guilty of disorderly conduct and fined 25 dollars for approaching married women and saying Youre pretty, Id like to kiss you, Id tear you apart.
MENTIONED IN THIS ARTICLE
Cincinnati
Robert J. Paul
Russell Wallingford
Sixth Blast Off Again Cancelled by Weather
The sixth shot of the 1955 atomic test series near Las Vegas was called off by the Atomic Energy Commission due to unfavorable weather. The plan had included a 500-foot tower detonation with troops in trenches and over 100 planes in a simulated attack plus biomedical tests on rodents. No rescheduled date was announced.
MENTIONED IN THIS ARTICLE
Las Vegas
Atomic Energy Commission
AEC
Penny Rae Raymond Heart Repair Prizes Hopeful News
Penny Rae Raymond, seven, was reported in satisfactory condition at the University of Minnesota Hospital after a 2 1/2 hour operation to sew shut a hole in the heart wall. A human donor, Ted Goodman, 41, connected to Penny during the procedure while his heart and lungs supported both, with the blood interchange lasting 11 minutes. Goodman, a close family friend, remained under observation. Doctors said a hole as big as a nickel in the muscular wall between Penny's heart chambers was closed.
MENTIONED IN THIS ARTICLE
Minneapolis
Penny Rae Raymond
University of Minnesota Hospital
Ted Goodman
Goodman
Penny
Clifford Raymond
Waukesha
Wis
Tennessee Senator Falls Short In Segregation Veto Fight
In Nashville Tennessee Charles A Stainback aged 85 urged the Senate to override Governor Clement s veto of a local bill to block school integration. He pleaded that his people white and colored wanted it but the chamber failed 13 9 with 17 votes needed.
MENTIONED IN THIS ARTICLE
Nashville
Tenn
Charles
A. Stainback
State Senate
Frank Clement
Fayette County
Stainback
Tennessee
Somersville
Clement
Senate
House
House Approves First Money Bill For Treasury And Post Office
The House passed its first appropriations bill of the session providing 3,282,553,000 for the Treasury and Post Office departments for the year starting July 1. The measure is 77,697,000 below President Eisenhower’s request. Post Office gets 2,685,700,000. Treasury 595,818,000. Tax Court 1,035,000. The bill advances to the Senate.
MENTIONED IN THIS ARTICLE
Washington
House
Treasury and
Post Office Departments
Eisenhower
Post Office Department
Treasury
Tax Court
Senate
Utah Governor Vetoes Horror Comics Ban
Salt Lake City Utah Governor J Bracken Lee vetoed a bill outlawing the sale of horror depicting comics in Utah. He said the law would be difficult to interpret and enforce and refused to sign it.
MENTIONED IN THIS ARTICLE
Salt Lake City
J. Bracken Lee
Utah
Ohio Senate backs higher open-road speed limit to 60 mph
The Ohio Senate voted 28-5 to raise the open-country speed limit from 50 to 60 mph from one hour before sunrise to one hour after sunset. The bill, which includes a 50 mph limit for trucks and school buses and for night auto driving, moves to the House. Proponents say it reflects modern car design while opponents caution against highway hazards.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Ohio Senate
Senate
William Tyrrell
R-Preble
Tyrrell
Ralph L. Humphrey
Ashtabula
Shaw
Charles J. Carney
D-Mahoning
Carney
Bevan expelled from Labour ranks amid party split
London AP reports Labour MPs voted 141 to 112 to withdraw Aneurin Bevan’s whip over disloyalty, isolating the Welsh leftist as an independent in the Commons. Attlee’s moderates pressed the action, while Bevan signaled no reinstatement, signaling a looming election impact before 1956.
MENTIONED IN THIS ARTICLE
London
Aneurin Bevan
House of Commons
Labor
Bevan
Clement R. Attle
Attlee
Labor Party
Churchill
Quarantine Halts Police: Child Dies in Cleveland
A scarlet fever quarantine placard halted police and an ambulance crew at Elijan Buchanan home. They would not enter after Buchanan called for help to take his 18 month old daughter to the hospital. The child died a few hours after the call. Dr J G Smith acting city health commissioner asked Safety Director John N McCormick to review ambulance policy with the police.
MENTIONED IN THIS ARTICLE
Cleveland
Elijan Buchanan
Buchanan
J. G. Smith
John N. McCormick
Bullet Blast Kills Ohio Father of 7
WAVERLY Ohio charges of manslaughter and shooting with intent to kill were filed against a 72 year old man and his daughter after a shotgun slaying last night of Jess Zirkles 42. Zirkles was shot as he approached the farm home of his estranged wife Ethel 39. His seven children were in the home. Sheriff Jesse Foster said Zirkles was killed by a shotgun blast fired by his father in law James Walls 72. He charged Zirkles wife also fired a .32 caliber revolver at her husband. The sheriff filed affidavits in a justice of the peace court charging Walls with manslaughter and Mrs Zirkies with shooting with intent to kill. The family said family trouble prompted the shooting and that Zirkies had gone to his estranged wife's home two miles west of Morgantown in a threaten mood.
MENTIONED IN THIS ARTICLE
Waverly
Ohio
Jess Zirkles
Zirkles
Ethel
Jesse Foster
James Walls
Justice of the Peace Court
Walls
Zirkies
Morgantown
Bomber Crashes Near North Carolina Training Flight
A B47 Air Force bomber from Eglin AFB Florida crashed and burned near North South Carolina early today. The crew of three bailed out with one man reaching St George SC to report that the others had cleared the plane before impact. Ground crews and Shaw AFB helicopter searched for the two missing crew members as Maj Forrest Foiles of the Civil Air Patrol located the burned six engine wreckage five miles north of North. The aircraft had sent distress signals while over Charleston before refueling and the trainer was on a mission.
MENTIONED IN THIS ARTICLE
Florence
S.C
North
St. George
Air Force
Shaw Air Force Base
Forrest Foiles
Civil Air Patrol
Charleston
Eglin Air Force Base
Fla
Cold snap slows spring in Miami Valley
The Miami Valley saw a sharp drop in temperatures with 40 degrees this morning after a high of 72 yesterday. The weatherman forecasts cloudy, colder conditions tonight and tomorrow, with a high just over the 40s and a near freezing low tonight before a rebound to around 50 tomorrow.
MENTIONED IN THIS ARTICLE
Miami Valley
More Searching Due On Peress Promotions Scrutiny
Washington AP Senators pressed for details on how Irving Peress rose to major despite an Army intelligence signal he was under investigation. The case, tied to his refusal to answer questions on communism, drew McCarthy calls to broaden probes to alleged conspiracies and White House involvement. Maj Van Sickle testified a clerical error helped Peress’ promotion despite the warning. he said no coverup.
MENTIONED IN THIS ARTICLE
Washington
Irving Peress
Army
Pereee
Army Dan
Floyd E. van Sickle Jr
Peress
1St Army
Judge Lifts Own Order In L N Strike
Circuit Judge Stuart E. Lampe dissolved his order requiring L N train crews to ignore picket lines raised by 25 000 nonoperating employees during a strike against the Louisville and Nashville railroad and two subsidiaries. The walkout, in its third day, has disrupted passengers and freight across 14 states.
MENTIONED IN THIS ARTICLE
Louisville, Ky
Stuart E. Lampe
Louisville & Nashville Railroad
Lampe
W. L. Grubbs
Kentucky
Nashville, Chattanooga & St. Louis Railway
Clinchfield Railroad
Nashville
Tenn
Harlan County
Ike Backs Dulles On Bomb Use
President Eisenhower said atomic weapons could be used in conflicts with strict military targets. He backed Secretary Dulles on tactical atomic arms in major US actions, signaling future wars may involve atomic elements. He also commented on stock market concerns and the need for cautious, confident economic policy.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Dulles
United States
Senate Banking Committee
Secretary of the Treasury
Humphrey
Thai court convicts 49 in plot to topple government
In Bangkok the Thai Criminal Court found 49 people guilty of conspiring to set up a Communist regime. Each received 20 year terms, reduced to 13 years and four months for 48 due to good behavior. five were acquitted. The defendants were charged with attempts to overthrow Premier Pibulsonggram between 1949 and 1952. Police said the network infiltrated government offices and the National Assembly in 1952.
MENTIONED IN THIS ARTICLE
Bangkok
Thailand
Thai Criminal Court
P. Pibulsonggram
National Assembly
Pitcher Vernon Taylor Tackles Robber With Honey Jar
Vernon Taylor, 22, a pitcher for Prov Bible College, felled a gunman after a robbery at a Denver grocery. The suspect, Lyman Alexander, 48, was jailed after treatment for head wounds. The incident left the clerk robbed of 100.
MENTIONED IN THIS ARTICLE
Denver
Vernon Taylor
Lyman Alexander
Taylor
Bible College
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