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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 06, 1957
Page
5
A global economy’s top credit status masks Treasury cash pressures. Rising spending and debt push rates higher as the Treasury borrows weekly to roll old debts and fund new obligations. Analysts warn that even with economy measures, costs and past obligations will widen the fiscal gap.
In suburban Philadelphia on the Main Line a pair of teen-aged sitters operate together in homes with swimming pools. One tends the children while the other uses the pool, a practice noted as fashionable among local families.
Nobel laureate Linus Pauling defends 2,900 scientists who signed a plea to end nuclear bomb tests, saying they are qualified to discuss radioactive fallout. He rebutted President Eisenhower’s criticism that many signers lack competence outside their fields.
Defense Secretary Charles E. Wilson warned at a Boston Republican dinner that the danger of military conflict could rise in the coming years if Communists continue to push "conversion by the sword." He defended Eisenhower's budget and stressed military aid as vital to free world security, urging detente only if Communists drop militant aims. Khrushchev and Bulganin then headed to Finland for a visit aimed at signaling Soviet-Finnish friendship and exploring trade and security topics.
A Tokyo pool incident leaves Raul Manuel Cruz, 16, with a broken collarbone after diving into an empty pool as the 447 foot dam project in Pachuca Mexico moves toward completion. The dam, long in progress, ties to water supply for a hospital and thousands daily.
Walter Bolia, 42, faced abandonment charges in Albany, claiming he left May 10 to visit friends at Westport, 120 miles away. He was jailed for driving without a license and received a 25 day sentence. The judge adjourned the case for one month and ordered him to find work.
Washington reports a government tobacco expert says Americans will smoke 399 billion cigarettes by June 30, up 3 percent from the prior year. He notes past cancer scares caused only brief drops and that consumption has resumed its rise after temporary declines.
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