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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Apr 25, 1958
Page
16
Maryland's unemployment rose by 2, to 34,460 in March while employed grew by 12,200 to 990,000. The jobless rate reached 7.9 percent of a 1,074,400 labor force, above the 7.7 percent national average, as recession looms amid spring trends.
Washington Democrats face a delay as Rules Chairman Smith delays further testimony on a bill to issue federal unemployment benefits grants. Bipartisan support exists but approval timing remains uncertain. Eisenhower signs a bill to speed government purchasing, while veteran affairs and GI loan outlooks are noted with projected activity in April.
The Llano Estacado or Staked Plains in eastern New Mexico earned its name from pioneers who drove stakes into the flat ground to mark trails while guiding wagon trains across the region.
The article notes that easier credit, down payment removal, GI home policy changes, and new appeal of GI loans to investors follow rates rising from 4% to 434 percent. It mentions the Bernet Meeting House incident, a Sept meeting of New York State Senate, and a $300,000 contract in Charles Town for horse barns and drainage. It also cites plans for a night fighting system and Lincoln era Pueblo canes awarded in 1863.
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