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Odessa American in Odessa, Texas

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Articles on This Page

This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jun 24, 1957

Page

4

Two Sacred Cows in U S Economic Policy

Boston Herald financial editor Edson B. Smith warns that government pursues two "sacred cows": prosperity via inflation and coddling unions. He argues money is not wealth, prices rise from inflation, and real wealth per person remains limited since 1910. The piece blames wage demands and currency expansion for higher costs and calls for American readers to recognize the delusion before a deluge.

Edson B. Smith The Boston Herald United States Smith George S. Benson Eisenhower Harry Hopkins

Dulles Press Touts Bipartisan Foreign Policy Tactics

Secretary of State John Foster Dulles used a recent press conference to frame U S diplomacy as prudent and bipartisan amid proposed exchanges with the Soviet Union. He praised Senator Knowland yet argued against withdrawing from mutual security agreements and reviewed past offers on radio exchanges with the Russians. He cautioned that disarmament talks face tough scrutiny and tempered expectations raised by Governor Stassen.

Washington NEA John Foster Dulles Knowland Hungary Dulles Khroghchev United States Daves Texas Johnson New York Geneva Molotov Dales U. S Harold Stassen United Nations Mois Uiet Siassen Staseen Dalles

Beliefs Behind Inflation and Unemployment

A fragmented scanned essay argues inflation stems from government control of money and faulty beliefs about education and union wage setting. It links rising wages, unemployment, and capital losses to noncompetitive practices, urges clearer natural-law understanding, and promises continuation in a future issue.

Treasury U. S James Irvine California

Question and Answer on Witchcraft Hangings in Colonial America

A reader asks how many people were publicly hanged for witchcraft in colonial America. The answer cites nineteen executions, with more than twenty arrested on witchcraft charges. The note mentions several hangings occurred by September, referencing the era’s witchcraft prosecutions.

Colonal America

Inflation Persisted Under Tight Money Policy Debate

The Byrd Committee weighs preliminary data challenging the admin issued tight money stance. Democrats argue inflation rose while cost of living stayed high, hurting taxpayers homeowners and middle class. They claim big borrowers pass costs to the public, as unions anticipate wage and price rises amid expansion and higher rates.

Washington Byrd Committee Virginia Hite Eisenhower First N National City Bank of New York Ike Walter P. Reuther Fantos David J. McDonald Steel

Status of forces treaty hypocrisy and Girard case

The document argues against an American military court for William S. Girard, forced under Japan’s influence via the 1953 Security Treaty and a disputed protocol. It criticizes administrative agreements and “Agreed Official Minutes” as bypassing the Constitution, leaving U.S. soldiers in Japan vulnerable to foreign justice and political motives.

Japan NATO Senate William S. Girard Earl J. Carroll Department of Defense United States Earl Johnson Dean Rask Ocr John M. Allison Girard Sakai United States of America Allison Washington

Pressures Mount for Trade Shift with Red China

Senator Paes of Michigan urges action on trade with Red China as pressures rise. Senator Morse of Oregon criticizes inaction, linking the Idzho Power Co. case to the President and alleged connections.

Britain Sen Charles E. Paes R-Mich Idzho Power Co Wayne Morse D-Ore

Unfitness of Meany and the racketeers in unionism

The piece cites Arthur H. Wicks in 1953 defending visits to Joe Fay in Sing Sing Prison and condemns Meany for aligning with labor racketeers. It argues that labor leadership acts as a separate government, influencing vast public works funding and policy, with Fay’s parole and tax fraud figures used to illustrate systemic corruption and political complicity.

George Meany Arthur H. Wicks New York Joe Fay Sing Sing Meany Fay Newark Tom Clark Supreme Court Clark Wicks Senate Tom Dewey Dewey Joe Hudson River Unitas George Yerry, Jr The Carpenters Labor Stalin Tito Fry

Puzzle clue stream of mixed phrases and numbers

A fragmented word puzzle lists items like Feiines, flower, Dressed, Macaws, Ruler, Soak-ujts, and other odd entries. It includes numbers and hints such as 38, 10, 22, and references to chemical ether.

Also Mentioned on This Page

Edson Peter Edson William Knowland Norway Amyes Sevs Davies Mer Gladys Packer By Ray Tucker Mary Byrd Rewther + McDonald Coniran Gore Byrd Movernament Federal Reserve System George E. Sokolsky Lit VAYOR Liz Cman East Fourth St Odessa Neil Amer King of Beasts Feiines Ute Fio Tae
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