Federal Reserve aims to prevent inflation boom
The Federal Reserve Board acts as guardian of purchasing power as the economy recovers. It faces two hurdles: a belief that a new boom could bring inflation and congressional fears the policy may curb recovery. The Fed has raised the discount rate, intervened in securities markets, and adjusted reserve requirements to curb lending while keeping borrowing available. Rising interest rates have not boosted business confidence, and smaller firms feel the impact first as credit tightens. The fear of inflation stems from speculation and rising demand for loans, mortgage funds, and debt, with government borrowing rising and wages up.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
New York
Federal Reserve Board
U.S
Panis
U.S. Treasury
Treasury
Wall Street
Main Street
Sam Siayman Leads Ace Against Three No Trump
Oswald Jacoby describes Sam Siayman of New York using the Siayman convention to counter a three no trump contract. Facing fast pressure, Siayman opens with the ace of clubs over his partner’s weak heart, then continues with the queen to smother the dummy’s jack. South ducks but a third heart lead eventually yields a set of the hand after the club ace is regained.
MENTIONED IN THIS ARTICLE
Oswald Jacoby
NEA
Sam Siayman
New York
West
Sam
Jed
South
Walkersville Church Activities and Youth Groups Report
Walkersville notes detail Tawasi Class and Women of Christian Service meetings at local homes, election results for Young Adult group officers, and plans for Children’s Day decorations. Brownies and Girl Scouts held awards, ceremonies, and fashion show activities. plus a senior group promotion and Memorial Day planning.
MENTIONED IN THIS ARTICLE
Hilda Devilbiss
Walkersville
Church of Christ
Elwood Hummer
Frederick
Robert Stull
Robert Stil
Nancy Anderson
S. Elwood Hummer
Frank A. Rosenberger
Willam Stauffer
Harold Roderick
John T. Gilbert
Walkersville Methodist Church
al Nichols
Charles Nicodemus
Horace Wright
al] Nichols
Robert Odemus Jr
Richard Smp
Women's Society of Christian Service
Clarence Eaves
Mary Nicodemus
J. Ward Crum
al Jen Nicodemus
Christ
Ruth Thomas
Winchester
Thomas Maier
Tim
Wheaton
Maier
Alan Gaddis Tie
Airs Robert Hooper
Airs
Harvey Starkey
Joseph Hooper
Emory, Hentz
Ron Smith
Walkersville High School
Martha Dinterman
Margaret Nicholson
Ronnie Dorsey
Jane McLaren
Myra Stull
Robin Reidt
Paulett Weaver
Msra Stull
Ary Anne Hoover
Marianne Miller
Jane Mel Laren
Tina Craddock
May Anne Hoover
Nancy,Barker
Marianne Miker
Larkin
William P. Larkin
American Legion
Itsj
Fairview
Kraves
Bryant
Ally Women’s Auxiliary
Mary Wilson
Thej
Leroy ¥On
Recognition Service and War Memory at Hoffman Orphanage
A local remembrance service is set for Sunday at 6 pm DST in Memorial Chapel at Lillestown EKD, featuring Rev. Mark B. Michael, with Rev. James W. Moyer as organist and Hazel Hess as pianist. Awards will be presented to children, and music will be provided by mixed choirs from Mercersburg Synod and Shiloh church volunteers. Refreshments and cottage visits follow. Also notes Canada’s size as the world’s second largest country, spanning about one fourth of the globe.
MENTIONED IN THIS ARTICLE
Lillestown
EK D . Pa
Mark B. Michael
Er EH Maurer
Red Lions
Aiectors of the Home
James W. Moyer
Mercersburg
Glenn Keller
Shiloh
Canada
Encyclopedia Britannica
General Collins recalls D-Day memories from Utah Beach
The second article in a series features Maj. Gen. Joseph Collins recounting the Normandy invasion. He recalls weather delaying the assault, the Barfield and Bayfield ships, and the two airborne divisions at Ste Mere Eglise and across the Merderet River as preparations for a coordinated attack unfolded.
MENTIONED IN THIS ARTICLE
Guadalcanal
Pacific
Lightnin
Joe” Collins
Normandy
Utah Beach
Cherbourg
St.Lo
U.S. Army
Bon Moon
Mme
Bayfield East
11St Airborne Division
Manwell JD. Taylor
Ste. Mere Eglise
Jthe
82Nd Airborne Division
Matthew D.ridgway
Merderet River
Ste Mere Eghise
den Moon
Sth
Ang
D Day Landing Progress Report From Bayfield Command Center
Radio updates describe steady ashore progress as landing area faced light resistance. Messages indicate first round won and resolve to press toward France, with authorities noting the operation advancing despite befuddled German defenses. Next focus shifts to D Day through German defenses.
MENTIONED IN THIS ARTICLE
Bayfield
France
Won Godard Memorial Scholarship Winner Fagan
Lewis Fealey Fagan S. of Lewis F. and wife of Monocacy Village Frederick is named recipient of the Godard Memorial Scholarship at the University of Maryland. He plans to enter the School of Engineering in fall after finishing as a Frederick High School senior. He is a Silver Palmed Eagle Scout and active in the Evangelical Lutheran church and various school and community groups. He works for American Stores, Inc. at Seventh and Bentz streets.
MENTIONED IN THIS ARTICLE
Lewis Fealey
Fagan S.d
Lewis F. Fasan
Caerokee Drive
Monocacy Village
Wiiner
Godard
Maryland
Fagan
School of
Frederick High School
Evangelical Lutheran Church
Zlee Club
Natonal Polar Society
American Stores, Inc
Seventh and
Bentz Streets
Ancient Arrowhead Found At Dickerson
Archaeologists report an ancient arrowhead found near Dickerson dating back at least 5500 years, among the oldest known in the Potomac Valley. The artifact, recovered on the surface of a coral field, shows advanced craft by prehistoric Indians. Experts note the Dickerson site reflects a rich Indian travel corridor and a long tradition of skilled toolmaking.
MENTIONED IN THIS ARTICLE
Ameteur
Sue
Potomac
Val
Braves
Deana
Dickerson
Eargstean
Re Arereological Soere
Marsiagd
William Trdéw
Also Mentioned on This Page
Ejacoby
EAST
Pers
Hoffman Orphanage
Montevue
Jaycee Wyes
Montevue County
Robert H. Schell
Iuperimencent
Donald Whitworth
Heonedy
Paul Gordon
Jaycee
Aper
Robert Reed
General Collins
D-Day
Gen. J. Lawton Collins
The
Associated Press
Barfield
Blaneswick
Cherbourge
Don P. Moon
Utah
England
Francke
English Channel
Bradley
Kean
Kirk
Moon
Wiltie
Plymouth
Remus
South Market St
Samuel H. Mooradian
Oriental Rugs
E. Patrick St
the News
Rocka Kel Hate
North Market Street
Frederick News and Post
North Court Street
Frederick, Maryland
Westinghouse Motor
Westinghouse
5S. S. Kresge Company
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!