Washington imposes strict credit terms on nonresidential building
Washington moves to curb inflation with 50 percent cash down payments on new nonresidential construction and on repairs and alterations costing over 15 percent of appraised value. The rule, from the Federal Reserve Board, limits financing for offices, hotels, banks, warehouses, garages, restaurants, theaters, and similar projects and requires amortization over 25 years. Exemptions cover schools hospitals churches utilities and government projects.
MENTIONED IN THIS ARTICLE
Washington
K¢ Johnston
Federal Reve Board
Capitol Hill
Johnston
Parity debate amid inflation fears dominates tax plan talk
Rep Granger questions parity changes as Johnston insists farmers and workers deserve parity to curb rising living costs. Critics say parity shields farmers from anti inflation efforts, igniting protests from farm state lawmakers. A separate collision on Carroll Parkway damages two cars and prompts an officer’s report. Water data notes Sea salinity yields differ in salt production.
MENTIONED IN THIS ARTICLE
Granger
Dutah
Johnston
Navy's Huge Program Is Given Approval
The Senate Armed Services Committee approved the Navy's multi billion dollar construction program totaling 2.74 billion dollars. It funds a large fleet of submarines and surface ships and includes a new aircraft carrier capable of handling atomic bombers. The panel backed the plan unanimously as the Senate Atomic Committee reviewed progress on an atomic powered submarine and hinted at peacetime fusion of atomic energy.
MENTIONED IN THIS ARTICLE
Washington
Senate Armed Services Committee
Navy
Armed Services Committee
Senate House Atomic Committee
McMahon
D-Conn
Energy Commission Aboard Under Captain Rickover Details
The report notes the Energy Commission led by Naval Captain H G Rickover guiding the panel on atomic submission timelines. Senator McMahon refused to answer questions about the matter, leaving several timing questions unresolved.
Valentine’s Day Baby Born in Marianna Family
A daughter was born to Mrs Wollison O Jackson in Marianna Florida on February 14 1 year marking the couple’s second child The family’s first child Bobby was born a year ago today The Jacksons welcome their newest member as Mrs Jackson herself shares a birthday on Valentine’s Day four years ago
MENTIONED IN THIS ARTICLE
Marianna
Fla
Wollison O. Jackson
Jackson
Bobby
Mit
Tocal Man To Re-Enter Government Service
A disjointed report notes Philip Co Harvey, formerly laboratory director at Frederick Meontornat Hospital, plans to reenter government service after four and a half years in private labs in New York. Details are unclear due to OCR errors.
MENTIONED IN THIS ARTICLE
Tocal
Philip Co
Harvey
Frederick Meontornat
Mid Westtestaty
Fredenfele
New York
Frederick Man Resigns From Community Players Board
The Frederick News reports that Harvey, a founder and officer of Community Players Inc., has resigned from the board of directors amid plans for a government employment stint at Camp Detrick and a future hospital laboratory director post. Also noted is Wilbur Fogle of Emmitsburg who received hospital care after a car collision near Taneytown Emmitsburg.
MENTIONED IN THIS ARTICLE
Camp Detrick
Frederick Memorial Hospital
Frederick
Harvey
Community Players, Inc
Emmitsburg
Wilbur Fogle
Annie M. Warner Hospital
Gettysburg
Taneytown Emnitsburg Road
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Redit
Harold E. Roderick
Route Four
Betty Mae Zepp
Westminster
Carroll Parkway
College Avenue
Roderick
William Boost
Red Sea
Atlantic Ocean
McLae Py
the News
Frederick, Md
Paris
Bourjois
Market ST
W. Patrick ST
Ineath
Mandy
Thompson
Wilth Kez
Bince Taylor
Squibb
Magnesia
Graham
Rte
Goodrich
Velblblbicky
Baker’s
Peoples
Burgundy
ICC
B. F. Goodrich Baby
DAVOL
VICKS
Johnsons
Dr. Caldwell
Amorita Deluxe Cigars
Midol
Atlacti
Patrick Street
U. S
Ocean Presh
Bree Ib
H&g
Florida
Tlany Frozen Foods
Collard Greens
PEG
Sera Wberries
Kelloggs
Alaska
Maryland
Neawepar
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