Babson Warns of Market Break Risk Amid 1950s Signs
Babson analyzes parallels between 1929 and today, warning a market plunge could recur if capital gains taxes are repealed. He notes strong banks and home building yet flags installment purchases and a building boom as new dangers. He cites fiscal and policy shifts that might spark a sudden downturn despite current prosperity.
MENTIONED IN THIS ARTICLE
Roger W. Babson
Babson Park
Mass
jWell
New York Times
Dow- Jones
Rover
Leen Guinard
100000 New Farmers Hope Pressed by High Farm Costs
Norman J. Wall of the U S Department of Agriculture cites about 100000 young men eager to start farming, blocked by startup costs. Estimated 1953 Midwest cash grain farms require 858,150 with 10160 for machinery and livestock. Northeast dairy farms average 28400 with 12000 for gear. Outlook conference notes no easy fix, urges private capital to back new farmers.
MENTIONED IN THIS ARTICLE
Norman J. Wall
U. S. Agricultural Department
Central
Northeast
Agricultural Outlook
Washington
Hanover Protestant Service Speaker at Union Reformation Day
Dr William B Barnhart of Hood College spoke at the Union Reformation Day Service for all Protestant churches in Hanover Pennsylvania held Sunday evening at St Matthew s Lutheran Church. Also noted were births and travels of local residents.
MENTIONED IN THIS ARTICLE
William B. Barnhart
Hood College
Hanover
St. Matthew’s Lutheran
Walter Snow
Biggs Avenue
Timothy Jordan
Frederick Memorial Hospital
James Stauffer
Fear Urbana
Linda Marie
Fredick Memorial Hospital
Newly Incorporated Elks Club Buys Frederick Home as Clubhouse
The Elks Club of Frederick, newly incorporated, bought the Hershberger residence for 5000 at public sale. The three story brick building on Court and Second streets will be fitted as a clubhouse. Hartman repaired the Episcopal church steeple, a perilous job after six feet of rib were blown off in a summer storm. Harry Hoke received a new automobile touring car from Philadelphia. A seven year old colored girl was badly burned when her dress caught fire from a burning piece of paper in a East Fifth Street home. Officer Simpson reopened Chapel Alley between Second and Third streets after grading and paving, improving travel for 35 men on the macadam road.
MENTIONED IN THIS ARTICLE
Elks Club
Frederick
Hershberger
Court and
Second Streets
Court Street
The
Elks
J. M. Hartman
Episcopal Church
Harry Hoke
East Fifth Street
Philadeliphia
East and
Fifth Streets
Simpson
Chapel Alley
Second
Third Streets
Twenty Years Ago Hems From The Columns Of The News
Names and events from 1954 include Mr and Mrs Charles P Staley and Mr and Mrs Earl Gastles with a West 13th and East Third address. A Waysboro Pennsylvania Halloween parade winner depicted a wedding scene. Frederick residents Robert McCardell and Eugene Thomas to star in Hood College Marionettes one act on November 10 at Brodbeck Hall. Paul Lantz injured a right wrist while loading clover seed near Burkittyville. Broadway street work halted after a fight between laborer and foreman. both were arrested.
MENTIONED IN THIS ARTICLE
Charles P Staley
West 13Th Street
Earl Gastles
East Third Street
Waynesboro
Robert McCardell
Eugene Thomas
Frederick
Hood College Dramatic Society
Brodbeck Hall
Paul Lantz
Burkittyville
Nobel Physics Prize Honors West German Physicists
The Royal Swedish Academy of Sciences awarded the 1954 Nobel Prize in Physics jointly to Walther Bothe of Heidelberg and Max Born, pioneers who helped found modern nuclear physics. Bothe is 63 and based at the Max Planck Institute, while Born, 73, has lived in Bad Pyrmont, Hannover, after fleeing Nazi Germany and later teaching at the University of Edinburgh.
MENTIONED IN THIS ARTICLE
Stockholm
Royal Swedish Academmy of Sciences
Walther» Bothe
May Planck Institute
Heidelberg
Max Born
Britain
University of
University of Edinburg
Bad Pyrmont
Hannover
U S Position In Asia Near Bankruptcy Near Collapse
In Tokyo the correspondent warns that the U S stance in Asia is near bankruptcy with prestige at a low point reminiscent of Pearl Harbor. He cites anti American Japanese press, rising communist influence, and faltering policy in Korea Formosa and Vietnam. The piece laments fragile Free Asia and questions Washington's initiative amid European pressure and regional fear.
MENTIONED IN THIS ARTICLE
Fred Sparks
NEA
Tokyo
U. S
Orient
Nippon
Pearl Harbor
Peiping
Free Asia
Afghanistan
Korea
Pasi
Adl Lees
Khan
South Vietnam
Burma
Siam
Formosa
Hirohito
Douglas MacArthur
Washington
China
India
Bintorians
Fadays
Janes Row
Sloum
Asia
Rhee
Milvus
Sth
Apa
Soldings
Yale
Pentagon
Syoul
London
Red China
New Books At Artz Library
A display of new titles at Artz Library features Chesap eake Bay and Tidewater by A Aubrey Bodine with 220 photographs from twenty seven years of work. MacArthur 1941 1951 by Charles Aamon Walloushby and John Chamberlain covers the general's ten year command in a well documented study. The Prayers of Peter Marshall edited by Catherine Marshall collects his prayers from Senate chaplaincy to topical pieces. Spies for the Blue and Gray by Harnett T Kane examines Civil War espionage across lines and officials. 1955 Guide Book of United States Coins by R S Yeoman offers coin history and color illustrations. Art books include LINE lyesses and Early Centuries of Art by Francis Henry Tarvor with 342 illustrations.
MENTIONED IN THIS ARTICLE
Chesapeake Bay
Tidewaater
A. Aubrey Bodine
Chesapeake
America
United States Armed Forces
Far East
Tus
United Nation Forces
Peer Marshall
Catherine Marshall
Peter Marshall
United States Senate
Harnett T. Kane
United States
R. S. Yeoman
Francis Henry Tarvlor
Metropolitan Museum of Art
Questions and Answers quiz from Klondike era snippets
A set of Q and A items notes the first gold mine claim at Gold Bottom by Robert Henderson dated 10 1895. It asks about Sweden's telephone service ranking, the Iberian Peninsula, and the first U S law school in Litchfield Connecticut from 1784 to 1833 with earlier attempts failing.
MENTIONED IN THIS ARTICLE
Klondike
Robert Henderson
United States
Litchfveld
Conn
One Thing Sure It Is True About Work and Wages
A fragment from Lufburrow criticizes reliance on government rescue fantasies and warns work offers benefit. It reflects postwar political skepticism, noting leaders in Washington and Bao Dai, and contrasts East Asia policy with Red China organization, ending with call for a genuine coalition to inspire and counter aggression.
MENTIONED IN THIS ARTICLE
Lufburrow
Washington
Belive
U.S
Bao Dai
Dinnor
Thailand
Indo-China
Asia
Baqgkok
Red China
Millions Fail To Vote In Tuesday Elections Across Nation
The piece notes a low turnout with about 40 million of 100 million eligible voters casting ballots. Analysts cite lack of exciting issues, satisfaction with current leadership, and registration hurdles. Some propose mail registration and compulsory voting as remedies while highlighting regional and local contest variability in turnout.
MENTIONED IN THIS ARTICLE
Lluse
David Lawrence Washington
United States
New York State
Congress
Lexus Congress
Ill and recovering patients at Baltimore and Frederick hospitals
A patient at University Hospital Baltimore underwent surgery Monday and is doing as well as can be expected. Mr Ray Gladiitt of Middletown recently had surgery at Frederick Memorial Hospital and returned home Tuesday much improved.
MENTIONED IN THIS ARTICLE
Mai Gtenn
E. Biehl Grove
University Hospital
Baltimore
Ray Gladiitt
Middletown
Frederick Memorial Hospital
Indefinable Charm Highlighted In Lesson Text
A concise English lesson by W L Gordy contrasts abbreviate and abridge and notes common misspellings and mispronunciations. It defines indefinable as incapable of being described and offers guidance to grow vocabulary by mastering one word daily.
MENTIONED IN THIS ARTICLE
W. L. Gordy
Tennessee
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Ellen Ringoen
Bjorlee
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Taneytown
West Beach
Fla
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Edward F. Holter
Jacob R. Ramsburg
Ellis C. Wachter
Theodore R. McKeldin
Loksa
Sakt
Kobe
Pram Tandon
New Veilnor
Penton Moscow
Prigue
Mao
UN S
Philippe
Manila
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South Korea
Saigon
Foreign
Seoul
Artz Library
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Portugal
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Fin Kindly
Toner
Pattner
Rasslinan
RUM