Boyle Denies Receiving Fee For RFC Loan
Washington July 26 AP Chairman William M Boyle Jr of the Democratic National Committee says he had nothing to do with negotiations for a 565000 government loan granted a St Louis firm on its fourth try. Boyle acknowledged he represented American Lithofold Corp in legal matters not connected with its RFC loan application. The Reconstruction Finance Corporation lent the firm the money in 1949 but no funds were advanced until Jan 6 1950. The loan was to mature Jan 6 1953 but was paid in full last Aug 30 after private financing was obtained. The St Louis Post-Dispatch said Boyle, a friend of President Truman, received 8000 from the company in monthly installments after the loan. Boyle said he said nothing about fees and severed relations with the firm when he took full-time duties in April 1949. He later became chairman of the DNC, with a 30000 annual salary. Senator Williams cited alleged morals of the administration.
MENTIONED IN THIS ARTICLE
Washington
William M. Boyle Jr
Democratic National Committee
St. *Uis
Boyle
American Lithofold Corp
Reconstruction Finance Corporation
RFC
St. Louis Post-Dispatch
Truman
Egypt To Fight U N Action On Suez Canal
CAIRO July 26 The foreign office said Egypt will challenge United Nations Security Council action on the Suez dispute arguing five members United States Britain France Sweden and The Netherlands have interests in the canal. If the first maneuver fails Egypt will present legal arguments.
MENTIONED IN THIS ARTICLE
Cairo
Egypt
Foreign Office
United Nations Security Council
Suez Canal
United States
Britain
France
Sweden
Netherlands
New York
Israel
Suez
LA Gas Price Boost Okayed
The Office of Price Stabilization announced that about 1900 Los Angeles area gasoline dealers may raise prices by 1 to 1 1/2 cents a gallon. The regulation targets dealers with disproportionately low margins from a price war, applying to roughly 20 percent of the region’s 9500 outlets.
MENTIONED IN THIS ARTICLE
Washington
Office of Price Stabilization
Los Angeles
OPS
Russian Tank Army Commander O P Korchagin Dies
MOSCOW July 26 AP The death of Lt General O P Korchagin commander of a tank army was announced. He was age 53 and a friend of Marshal Konstantin Rokossovsky now Poland defense minister. He held two Orders of Lenin and three Orders of the Red Banner and had been a Communist Party member since 1932. He rose from company commander to tank army commander.
MENTIONED IN THIS ARTICLE
Moscow
O. P. Korchagin
Korchagin
Konstantin Rokossovsky
Poland
Lenin
Communist Party
Brothers Guilty In Killing Of Dog
Shawano Wisconsin July 26 Two former brothers faced sentencing after a Shawano County jury convicted Walter Surma 21 and Emil Surma 17 of killing Smokey a four year old coon dog by dragging him behind a car with a rope The dog’s frozen body lay in a card board box as the main exhibit after they had tied a tin can to his tail to drive him off the land
MENTIONED IN THIS ARTICLE
Shawano
Wis
Smokey
Shawano County
Walter Surma
Emil
Also Mentioned on This Page
U.N
Von
Atene Drugstore
Ray
Sears
Kenmore
Freeler
CHEQT
Pervane
Fenre
eMahogany
Sears Television Dept
Silvertone TV
Sears National
Sears Easy
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