Rising U S Household Debt Sparks Alarm in 1950s
New York AP reports mounting household debt now near 400 billion dollars and rising, with experts warning economic stability could erode if incomes decline. Most debt funds homes and appliances, while some argue the system could endure in a growing economy.
MENTIONED IN THIS ARTICLE
New York
America
National Industrial Conference Board
Firms Help Ohio Colleges Through Local Donations
The Ohio Foundation of Independent Colleges reports over 1770 Ohio firms have donated 1 350 000 since June 1 to fund independent colleges. Acting director Herman L Wier says colleges seek a 15 percent rise to meet growing enrollments and costs. April contributors from Middletown include First National Bank Inland Container Corp F T Inc Middletown Coca Cola Bottling Co and B D Morgan & Co.
MENTIONED IN THIS ARTICLE
Ohio
Ohio Foundation of Independent Colleges
Community Chest” of Colleges
Herman L. Wier
Middletown
First National Bank
Inland Container Corp. F ! Inc
Coca-Cola Botans Co
B. D. Morgan & 0
Erie Canal 5-Cent Stamp Honors 1817 Start
A July 4 1817 Erie Canal start is marked by a 5-cent stamp issued July 4 in Rome New York to celebrate the canal’s low cost east to Midwest transport. The stamp features a canal boat stern with Erie Canal in red and 1817 1967 dates. First-day covers may be sent to the Rome NY postmaster with postmark by July 4. Austria issues a 3.50 schilling stamp for the Vienna Philharmonic Orchestra 125th anniversary depicting organ and violin. Britain releases a wild flower stamp set with four designs including hawthorn, morning glory, primrose, bluebell, and wood anemone.
MENTIONED IN THIS ARTICLE
United States
Midwest
Rome
N. Y
Erie Canal
Austria
Vienna Philharmonic
Otto Nicolai
Vienna Grand Ballroom
Great Britain
Also Mentioned on This Page
Layette
Plisse
Royal Heir
Terry
V.1.p
By Syd Kronish