Federal Reserve Officer Warns on British Economic Experiments
Richmond Fed vice president Edward A. Wayne urged Rotanans to choose between Britain's rigid controls and free enterprise. He warned inflation as a symptom, cited 1951 as comparatively stable, and noted a shift from seller to consumer markets after broad saving. He argued inflation harms retirees, bondholders, and taxpayers and urged either spending-led policy or price controls as proper response.
MENTIONED IN THIS ARTICLE
United States
Britain
Federal Reserve Bank
Rotanans
Edward A. Wayne
Richmond, Va
Service Club
Francis Scott Key Hotel
England
Wayne
British Isles
Federal Reserve System
America
Germany
Letting things work out rather than swing voiced by club leader
The speaker was introduced by William H. B Anders. Clyde M. Roney, club president, presided. Visiting Roturiangs included Aaron Aronson of Rochester NY Rev L Carmack of Brunswick and econ Marts of Dallas. Guests included Dr EP Thomas and Sergeants Korb and Trabeky of Baltimore.
MENTIONED IN THIS ARTICLE
William H. B Anders
Clyde M. Roney
Aaron Aronson
Rochester
N. Y
Lb. Carmack
Brunswick
Econ Marts
Dallas
Texas
EP. Thomas
e+ wenrge Korb
Sgt
Daniel Trabeky
Baltimore
State Police Ordered To Stay Out Of Politics
ANNAPOLIS February 20 Elmer F Munshower superintendent the Maryland State Police told legislators he had instructed troopers to abstain from politics and avoid Annapolis. He made the remark during a Senate Finance Committee hearing on the department budget for the 1953 fiscal year as Sen Goldstein and Sen Phoebus pressed concerns about trooper activities.
MENTIONED IN THIS ARTICLE
Annapolis
Elmer F. Munshower
Maryland State Police
Senate Finance Committee
Goldstein
D-Calvert
Phoebus
Somerset
Barkley Leaves Bethesda Hospital After Eye Operation
Vice President Alben Barkley left Bethesda Naval Hospital today after an eye operation two weeks ago. He returned home and friends expect him back in the White House office early next week.
MENTIONED IN THIS ARTICLE
Barkley
Washington
Alben Barkley
Bethesda Naval Hospital
Seversky Urges 5000 Long Range Bombers Plan
Major Alexander P. DeSeversky urged 70 percent of defense spending to go to a large Air Force with 5,000 long range bombers. He proposed 30 percent for strategic air, 20 percent for defense air, 20 percent for tactical air, arguing delivery method will decide future war. He spoke to Air Research and Development Command officers in Baltimore and criticized the old air land sea concept as outdated. He warned sea power is less relevant given Russia’s limited navy and overseas needs, and said a vast land army would be inadequate against opponents with manpower superiority. He called for an air force based on locations out of range of Russian armies and a strong tactical air arm.
MENTIONED IN THIS ARTICLE
Baltimore
Alexander P. DeSeversky
DeSeversky
Air Research and Development Command
Russia
Frederick County expands class for Southern Maryland employees
In Frederick County near Frederick, Childs notes a new class of 20 started recently at Upper Marlboro for Southern Maryland employees. A Baltimore and Ohio passenger train collided with a gasoline truck in Melvin, killing two men, Thomas A. Wilkinson and Clifford Floyd Walker, both from Wilmington. no passengers were hurt. The incident left a train crew burned and the tiny depot destroyed. Las Animas is stated as Colorado’s largest county.
MENTIONED IN THIS ARTICLE
Frederick County
Frederick
Childs
Upper Marlboro
Maryland
Rash
Wilmington
Baltimore and Ohio
Melvin
Thomas A. Wilkinson
Clifford Floyd Walker
Cincinnati
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Federal Reserve
Doll's Jewelry Store
Associatest
Ritchie Associates Finance Corporation
South Market Street
Ida Lupino
Robert Ryan
Roenginy
A. J. Beltemdes
Monsters Revolt
Toa Ld
Walt Disney
Bawbeck Gread Company
Seversky
William F. Childs, Jr
State Roads Commission
SRC
Garrett County
Oakland
Allegany
Cumberland
Hagerstown
Hancock
Reverent Services
Dailey’s Funeral Home
East
Patrick St
Washingtons
Run Ninow
Henry
N. Market
Las Animas Is
County
State
Colorado
Harry Tinney
Hamilton Ave
Walter Snow
Optometrist
North Market St
Preme
Imperial Brunswick
Saumecbhr
Deep South
James Barbara Guy Craig Payton Madison
Supercine Color
Pasa
Damascus MD
Maryland U
Maryland Chick Hatchery, Inc
Weat
South St. Frederick
State Tax Commission OF
Ormond Rosiers Shop
Deeley K. Nice
Owen E. Hitchins
Orme
Lettie G. Grove
Elizabeth J. Suman
Harry D Radcliff
Register of Wills
MddFeb
Orphans’ Court
Ernest Proop
Donald J. Roop
Radcliff Regier
Frederick Count
MD aFen
Nison Sales
Equity
William Wo
John T Crawford
Celeste Vo Crawford
Charles K Saunders
Sarsh J Saunders
Penyon
Aft
Anid
William Mo Stnim Aseigner
Ched
Tires
Repert
Wachter
Circuit Court
Ellis C Wachter
The
Frederick, Md
Haga
Keystone
WM. D. Bowers Lumber CO
East Patrick St
Vldiduel
Super-Traift
Tiel
Renegades
James Stewart
Arthur Kennedy, Julia Adams
Rock Hudson
Tary Grant
Kretsy Drake
Roy Rogers
Masia
Costelo
Bonsié O'Conner
Jimmy Pwranie
Wilewan
Rsa