Witness Reveals $4 Million Profit To Unit's Builders
A New York real estate man testified before Senator Bush’s banking panel that a Brooklyn cooperative project returned more than four million dollars to builders after initial investment of fifteen thousand dollars. He cited FHA loan size and stockholder profits while tenants claimed overvaluation and hidden costs in government insured housing.
MENTIONED IN THIS ARTICLE
New York
Senate Brothers
Brooklyn
Alexander P. Hirsch
Hirsch
Senate Banking and Currency
Federal Housing Administration
Prescott Bush
R-Conn
William Simon
Abraham Traub
Farragut Gardens
Simon
Newstand Realty Corp
Sen. Bush
Simon Gallet
Queens
FHA
Gallet
Bush
Leigh Medine
Michigan editor studies Monroe life in city visit
Herbert Hale managing editor of Hillsdale Daily News visited Monroe with his wife to study a city of similar size. He spoke with Roy F. Burmeister First National Bank president Mayor Brooks Dunwiddie and Joseph Dearth Chamber of Commerce leader. The Hales also toured local cheese plant operations.
MENTIONED IN THIS ARTICLE
Michigan
Monroe
Herbert ©. Hale
Hillsdale
Mich
Daily News
Hale
Hilsdale
Times
Roy F. Burmeister
First National Bank
Brooks J. Dunwiddie
Joseph Dearth
Chamber of Commerce
Hales
Cicero Calumet Warned On Gambling Cleanup By Atty Gutknecht
Atty John Gutknecht warned Cicero and Calumet officials to purge gambling and vice or state police would intervene. A meeting was set with Mayor Henry Sandusky Police Chief Erwin Konovsky and owners and staff of three Cicero gambling spots for questioning. Gutknecht said investigators faced threats at the hotspots after refusing bribes and ordered Calumet Mayor Stanley Berger to bring in his police chief Barney Rosinski.
MENTIONED IN THIS ARTICLE
Lamauea
Save
John Gutknecht
Cicero
Calumet
Henry Sandusky
Erwin Konovsky
Gutknecht
Stanley E. Berger
Calumet City
Barney Rosinski
Kiwanis District Officers Named After Wisconsin Michigan Meet
The Wisconsin Upper Michigan Kiwanis district named 16 lieutenant governors under new district governor Herbert M. Ainsworth of Monroe after a Racine convention. Ainsworth defeated Corral Clark 97 to 88 and will be installed in Milwaukee next January.
MENTIONED IN THIS ARTICLE
Herbert M. Ainsworth
Monroe
Wisconsin-Upper Michigan
Kiwanis
Racine
Ainsworth
Janesville Club
Corral Clark
Wauwatosa
Floyd Deymer
Iron Mountain
Mich
Herbert W. Chapman
Whitewater
Mark J. Finnegan
Beloit
Bernard Molldrem
Boscobel
Philip K. Dressler
Milwaukee
William Kummrow
Waukesha
Walter Johnson
Manitowoc
Alvin Beilmer
Fond du Lac
Lloyd Paust
Columbus
Sherman C. Sherry
Portage
Hoyt/ Johnson
Richland Center
Rev
James Tucker
Green Bay
Barney B. Barstow
Superior
Camp Wanbeek
Association For the Disabled
Walter Kohler
Wisconsin
G. Mennen Williams
Michigan
Oconomowoc
Westby
Mauston
Chrysler Chief Appeals for Union Aid in Market Drive
Chrysler President L. L. Colbert told CIO United Auto Workers members the company did not seek a wage cut but warned it would hurt Chrysler if its competitive position did not improve. The dramatic appearance, described as a pep talk, aimed to secure worker cooperation in a 1955 market expansion.
MENTIONED IN THIS ARTICLE
Chrysler
L. L. Colbert
Colbert
Chrysler Council
CIO
United Auto Workers Union
Planes Bring Food to Flood Victims in Red China Run
Government sources report Nationalist aircraft crossed into mainland China last night and dropped rice for Yangtze flood victims. Planes also released hundreds of thousands of propaganda leaflets over the area.
MENTIONED IN THIS ARTICLE
Taipeh
Formosa
Norwegian Women Describe Chat With Saucer Pilot
Two Norwegian sisters say they saw a flying saucer and spoke with a dark skinned, long haired pilot who did not understand them. They watched the craft launch, rotate, and vanish at high speed near Mofjell, while police opened an investigation.
MENTIONED IN THIS ARTICLE
VSL
Aasta Solvang
Edith Jacobsen
Mofjell
Norway
Nordlands Folkeblad
Century Farm Honorees Highlight Wisconsin State Fair
Wisconsin State Fair honored five Century Farm residents for a century of dairy farming on descendants’ land. Emphasis on Silver absent. Zum Brunnen, Ula, Probst, and Paulson accept certificates. Educator Hana Bindschaedler recognized for 42 years service. Governor Kohler attended with Board of Agriculture. dress and sports outfit winners noted with blue ribbons.
MENTIONED IN THIS ARTICLE
Rave Coung
Gottlieb Zum Brunnen
Monroe
John D. Ula
Blanchardville
Emery Silver
Montisello
Mabel Probst
Jordan Township
Albee Paulson
Silver
Zum Brunnen
Hana Bindschaedler
Gov
Kohler
State Board of Agriculture
Waldo Freitag
New Glarus
Radio Hall
Fair Park
Six Burned When Gas Tank Breaks in Mishap
A diesel switch engine crashed into a fuel truck in JMU, Inday, igniting a ruptured liquid petrol gas tank. Five train crewmen and a truck driver were burned as flames engulfed the locomotive and truck.
MENTIONED IN THIS ARTICLE
Oun Jmu
Inday
Pennsylvania Railroad
Stevenson Urges EDC Ratification Across Parties
Adlai Stevenson told Premier Mendes France in a longhand letter that the European Defense Treaty should be ratified as a nonpartisan, important American issue. A French foreign office spokesman confirmed receipt and noted Stevenson praised Mendes France’s actions since June. Stevenson said EDC is not a partisan matter and that Secretary Dulles spoke for all Americans.
MENTIONED IN THIS ARTICLE
Paris
Adlai Stevenson
Pierre Mendes-France
United States
Stevenson
America
Chicago
Mendes-France
Thad
France
EDC
Dulles
Eisenhower
Denver
Wave of Selling Hits Stock Mart
New York traders faced a sharp market downturn as selling intensified through the day. Steel, aircraft, and motor stocks led declines with Bendix Aviation dropping 5.37 to 83, while Douglas Aircraft United Aircraft Standard Oil New Jersey Santa Fe Boeing and others fell by up to about 2. Prices and volumes surged, pushing ticker reporting behind real-time floor trades.
MENTIONED IN THIS ARTICLE
New York
Bendix Aviation
Douglas Aircraft
United Aircraft
Standard Oil
New Jersey
Santa Fe Railroad
Youngstown Sheet and Tube
Montgomery Ward
Reynolds Metals
Boeing
General Stratemeyer says troops forced to lose in Korea
Retired Lt. Gen. George Stratemeyer testified before a Senate subcommittee that political interference and State Department actions prevented a victory in Korea. He claimed MacArthur was handcuffed and that morale sank after the general was relieved, with insufficient ground troops available to win.
MENTIONED IN THIS ARTICLE
Korea
Orlando
Fla
Senate
George £. Stratemeyer
New By Winter Park
Internal Security Subcommittee
Stratemeyer
State Department
Mark Clark
Far East
Chiang Guns Fire On British Vessel Inchkilda Attacked by Nationalist Batteries
Nationalist shore batteries on Matsu Island fired on the British cargo ship Inchkilda as it neared Foochow. The Royal Navy said no hits were scored and the ship reached its destination safely. Two other British ships reported intercepted by unidentified Chinese warships but allowed to proceed after papers checked.
MENTIONED IN THIS ARTICLE
Hong Kong
Matsu Island
Inchkilda
Royal Navy
Navy
Williamson and Co
Foochow
Chiang Kai-shek
Ockseu
Minn River
Formosa Strait
Burglary Arrest Of Air Force Colonel Prompts Federal Probe
In Las Vegas Air Force Col. Robert Hutchinson Orr, 36, Arlington VA, faces burglary charges tied to a hotel room break in. He holds 100 hotel keys and other items. officials cite classified documents found with him. Orr is to be returned to Washington for military handling after a psychiatric examination.
MENTIONED IN THIS ARTICLE
Las Vegas
Nev
Air Force
Pentagon
Talbott
Clark County
Robert Hutchinson
Orr
Arlington
Korea
Washington
Walter Reed Hospital
Ralph Lamb
Lamb
Browntown Road Project Set to Start Amid Landowner Protests
Work on relocation and grading of over five miles of Highway 11 between the Bechtolt farm east of Browntown and near Monroe is slated to begin within days after securing rights of way from 23 landowners. Ryan Bros. Construction Co. of Janesville won the $305,321 contract and must start within 10 days. Some owners protest awards. others signed after reappraisal. Crews will flatten curves, widen, and repave. Public sale of Bechtolt farm buildings planned September 3.
MENTIONED IN THIS ARTICLE
Monroe
Browntown
N. S. Jensen
Ryan Bros. Construction Co
Janesville
Jensen
Bechtolt Brothers
Old Catholic Cemetery
Walter Schuetz
Evening Times
Thomas Schuetz
James, Timmons
Harry Williams
Bechtolt Farm
Bechwlt
Highway Department
Ryan Bros
Wisconsin Power and Light Co
United Telephone Co
Air Force Links Gun Death to Pachuco Slaying
At Chanute Air Force Base officials reopen the case of Basic Airman Edmund F. Lohr killed while cleaning a gun. An admitted Pachuco, held with about 50 gang members, says the death was an accident. base commander Maj. Gen. Gates says many will face court-martials and dishonorable discharges for offenses including AWOL marijuana use and assaults on informants.
MENTIONED IN THIS ARTICLE
Chanute Air Force Base
Pachuco Society
Bryan E. Gates
Pachuco
Edmund F. Lohr
Noroton Heights
Conn
Lohr
Gates
Monroe Par ent-Teacher Council elects officers
Dr Barry heads PT Council with 1% Barry Wie as elected president at first meeting held at Dr Barrys home. Mrs Barry named vice president and other officers include Mrs Stanley Nyberg treasurer Mrs Lawrence Moth historian and Daniel Ault publicity chairman.
MENTIONED IN THIS ARTICLE
George
Barry Wie
Monroe
Parent-Teacher Council
Barry
Stanley A. Nyberg
Lawrence H. Moth
Daniel L. Ault
Arthur C. Benkett
Lions Club
Crickets Swarm Monroe City Invasion Blights Homes
Thousands of crickets swarm Monroe downtown as insects crowd doorways and climb building fronts. Homeowners report pests entering homes through doors and windows while residents cope with the nuisance and property risk. A separate bulletin notes a typhoon near Guam with 90 mph winds potentially striking Okinawa and southern Japan per the Central Meteorological Observatory.
MENTIONED IN THIS ARTICLE
Monroe
Guam
Tokyo
Okinawa
Japan
Central Meteorological Observatory
Rioting in Rio After Vargas Death Burial Flight
Violence erupts in Rio de Janeiro as Getulio Vargas is laid to rest in southern Brazil. U S embassies and oil offices come under attack while troops patrol and hospitals treat dozens injured. Crowds at the airport mourn as Vargas’ coffin is moved to final burial site.
MENTIONED IN THIS ARTICLE
Rio
Rio de Janeiro
Brazil
Getulio Vargas
Vargas
Varas
Air Ministry
Air Force
U. S
Standard Oil Co
Latero Vargas
ROKs Call for Immediate Dissolution of MSC
South Korea asks the U N General Assembly to dissolve the Neutral Nations Supervisory Commission at its next session. The move cites Czech and Polish MSC members as spies and argues the commission has become allied with Communist forces amid renewed invasion fears. Swiss and Swedish delegates report hampered supervision of troop and material movements by North Korea.
MENTIONED IN THIS ARTICLE
Seoul
South Korean National Assembly
U. N. General Assembly
Neutral Nations Supervisory Commission
Four Nation Truce Inspection Body
U.N. General Assembly
ROK
MSC
South Korea
North Korea
NNSC
Tractor Mishaps Kill Two in Madison Area
Two Madison area farmers died Tuesday night when their tractors overturned. The victims were Orland H. Clauson, 29, of Mazomanie, and Edward G. Laabs, 36, of the Town of Lyndon.
MENTIONED IN THIS ARTICLE
Madison Area
Madison
Orland H. Clauson
Mazomanie
Edward G. Laabs
Lyndon
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Swiss Colony
Cheese Row
Ralph H. Wenger
Saucer
Mendes
U.S
Lauds MacArthur Stratery
Macarthur
Eighth Army
Chiang
Browntown Road
Kewaunee
Clarence Zeitler
Zeitler
Kewaunee County
Dr. Barry
PT Council
Roks Ask
UNSC