Spending Climb Is Seen Hope For Tax Cut Fades
A Washington forecast warned higher government spending will trim a billion dollars from projected surpluses over the next two years. The House staff projected 1957 spending at 73 billion for the year starting July 1, with inflation and defense needs likely driving future costs. Budget surpluses by June 30 and in subsequent years were seen at roughly 500 million dollars per year below January estimates. Despite optimism, top officials warned a tax cut hinges on spending restraint, with Senate and House leaders watching closely as Congress argues over cuts and spending profiles.
MENTIONED IN THIS ARTICLE
L. Livingstone
Washington W
Yestrday
Eisenhower
Ways and Means Committee
Treasury
Sena -Trouse
Wmic
Congress
Byd
D-Va
Senate
Sen
Douglas
D-Ii
Byrd
Sen.Bridges
New Hampshire
Senate Republican Policy
Appropriations Committee
House
Rayburn
Tex
Bank Keeps Decoy Bills to Trace Robbers
In Boston Assistant District Attorney Daniel O Connell testified in Superior Court on the Ross trial that The National Shawmut Bank maintains a stack of decoy $2 bills at teller cages with serial numbers recorded for tracing. FBI agent Paul Rice said he found two such bills in Joseph W Ross's home.
MENTIONED IN THIS ARTICLE
Boston
National Shawmut Bank
Asst
Daniel O'Connell
Superior Court
Joseph W. Ross
O'Connell
FBI
Paul Rice
Ross
Brainy Fellows Shine in New Mexico Physics Exam
Martin Patterson Kellogg topped 809 students with the highest score in the statewide physics test. Bill Joe Shaler, Kellogg’s Los Alamos classmate, followed close behind in a state where atomic research has historical roots.
MENTIONED IN THIS ARTICLE
Socorro
N. M
Martin Patterson Kellogg
New Mexico
Bill Joe Shaler
Los Alamos
Burkhart to Speak at Armco Dinner in Columbus
Dr. Roy A. Burkhart senior minister of First Community Church Columbus will headline Armco joint union management dinner at the Manchester hotel. He led youth work and marriage counseling and has guided labor management relations. Ed Windsor Armco Employes Independent Federation president to MC. About 500 union and Armco representatives expected.
MENTIONED IN THIS ARTICLE
Roy A. Burkhart
First Community Church of Columbus
Armco
Manchester Hoteller
Burkhart
Columbus Church
United Brethren Church In Christ
International Council of Religious Education
Columbus
Ed Windsor
Armco Employes Independent Federation
Bataan Vet Pleads Innocent in Mom's Death
James W. Durr, a 38 year old former prisoner of war, pleads innocent to murder in his mother Grace Durr's death. The preliminary hearing resumes as coroner Dr. Herbert Lyle cites fatal head injuries from violent blows. Detectives report two witnesses say Durr admitted striking his mother during a Saturday quarrel.
MENTIONED IN THIS ARTICLE
Cincinnatip
Daniel Handley
James W. Durr
Durr
Grace Durr
Herbert P. Lyle
Crash Kills Youth in Troy Area Car Wreck
Harold Dennis Fickmeyer 17 of Tipp City died when the car left a curve and struck a tree at two Miami County roads intersection. Five others were hospitalized in serious condition at Stouder Memorial Hospital.
MENTIONED IN THIS ARTICLE
Troy
Ohio
Harold Dennis Fickmeyer
Tipp City
Rt. 3
Miami County
Stouder_Memorial Hospital
Hearings Start On New Aid Bill In Washington
The Senate Foreign Relations Committee opens hearings on Eisenhower foreign aid, with Dulles testifying as GAO officials urge tighter controls. The House starts its hearings on congressional control as the administration proposes a revolving development loan fund of up to 750 million dollars for 1958 and 1959 plus initial funding.
MENTIONED IN THIS ARTICLE
Washington W
Eisenhower
Senate Foreign Relations Committee
Chear
Dulles
House Foreign Affairs Committee
General Accounting Office
Congress
GAO
Secretary of the Treasury
Sohio Baseball Jackpot Draw Narrows Ohio Licenses
Ohio 1957 passenger car license numbers totaling 10 037 were randomly selected by an independent group for a 10 000 prize pool. Owners of winning numbers may claim a free gift for any child. A weekly list of 2509 numbers is posted at Sohio stations for one week only with new lists each week until June 16. Check your number at any Sohio station.
MENTIONED IN THIS ARTICLE
Ohio
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