Nehru pushes mixed economy plan with nationalization aim
New Delhi reports Prime Minister Nehru unveils a mixed economy to steer basic industries to state control while private enterprise remains in a secondary role. A constitutional amendment to empower acquisition and regulation of private enterprises was introduced in Parliament as critics demand more nationalization. Finance Minister Deshmukh reaffirmed a policy reserving control of basic industries but stressed private investment remains essential and limits on foreign profits are not planned.
MENTIONED IN THIS ARTICLE
New Delhi
India
Nehru
Imperial Bank of India
Congress Party
Lee
C. D. Deshmukh
Eisenhower To View Herd Of Black Angus
President Eisenhower plans a 60 mile trip from the White House to visit J Willard Marriott’s Hume Virginia farm then the Front Royal breeding station. The tour includes stops at the state Virginia Tech run station with Benson and officials from the U S Department of Agriculture. He will dine at Marriott’s Farm Faurfield and return to Washington. The first family members join the visit in Virginia.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Front Royal
White House
Secretary of Agriculture
Benson
Hume
J.willard Marriott
U S. Department of Agriculture
State of Virginia
Virginia Polytechnic Institute
Marriott
Cattrehnee
McAuliffe to Head U S Forces in Europe
Lt. Gen. Anthony C. McAuliffe, famed World War II commander, named commanding general of U S Army forces in Europe. He will succeed Gen William McHoge, who retires next month. Lt. Gen Henry L. Hodes to take over McAuliffe’s current post in Europe.
MENTIONED IN THIS ARTICLE
Washington
Inc! Army Today
Anthony C. McAuliffe
U. S. Army
Europe
William McHoge
Korea
McAuliffe
Seventh Army
Henry L Hodes
Seventh Corps
Hades
101St Airborne Division
Arlington Bank Robbed in Daylight Holdup
Arlington Virginia three men brandishing revolvers escaped with 315,000 in cash in a daylight bank holdup. The incident appears well planned and executed by the trio, with swift getaway and no immediate injuries reported.
MENTIONED IN THIS ARTICLE
Westover
Clarendon Trust Ca
Arlington
Walter Coffman
Jackey R Snoots
Virginia
Thomas E Sebrell
Clarendon Trust Co
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Queens City Window Cleaning Co
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Schroeder
Yras
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South Market St
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VY Gal
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