FHA Hike Triggers Political Fire Over Mortgage Rates
The FHA raised the maximum mortgage interest rate from 5 to 14 percent and cut down payments on government backed loans, sparking Democratic charges of favored banking interests and a push to rein in FHA policy. Republicans backed the move as necessary in tight money conditions while housing groups hailed easier access to homes.
MENTIONED IN THIS ARTICLE
Washington CP
Federal Housing Administration
FHA
Congress
Rep
Rains
D-Aig
House
Federal Housing Administrator Authority
Halleck
Indiana
GOP
Hous
National Assn. of
Home Builders
America
MANNERS Cutlery Strike Shuts Ceylon Phones
Colombo telecommunications workers walked out for 20 hours over a clash about table manners. Clerks oppose office boys using fingers in the canteen. Prime Minister Bandaranaike intervened personally to split the canteen into two sections for finger eaters and cutlery users.
MENTIONED IN THIS ARTICLE
Colombo
Ceylon
Solomon Bandaranaike
Solomon
Security group formed by U S and Japan
The United States and Japan announced a joint security committee to consult on the mutual security treaty. American members include Ambassador Douglas MacArthur II and Admiral Felix B. Stump. Japanese members include Foreign Minister Aiichiro Fujiyama and Juichiro Tsushima. The committee will meet soon and as needed, following a June visit by Prime Minister Nobusuke Kishi to Washington.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
United States
Douglas MacArthur II
Aem
Felix B. Stump
U. S
Pacific
Aiichira
Fujiyama
Juichil Tsushima
Eisenhower
Nobusuke Koshi
Kishi
Washington
Firefighters fight brush blaze as winds hinder bombing run
GORMAN Fire fighters hoped wind conditions would permit resumption of aerial water bombing today on a 500 acre brush and timber blaze in the Los Padres National Forest. Turbulent winds caused abandonment of the operation Monday as the rotor wash struggled to reach the target area. Nolder said more than 100 men worked on the fire lines including Kern County prisoners. The fire began Sunday about 112 miles southwest of Ventura in Ventura County, 40 miles north of Bakersfield and west of US Highway 99. No structures were threatened.
MENTIONED IN THIS ARTICLE
Gorman
Los Padres: National Forest
A. J. Nolder
Nolder
Kern
Ventura County
Bakersfield
House Gives Final OK to Cowboy Museum
The House passed a resolution recognizing the planned National Cowboy Hall of Fame and Museum in Oklahoma City as a memorial to those who contributed to opening the West. In Las Vegas New Mexico a flood swept through after heavy rains, causing evacuations and damage near Las Gallinas Canyon. Reverend Emil Laporte, 41, and his daughter Laura, 10, died when their car was swept off a road near Sapello, as water levels surged. Sheriff Bob Martinez described damages as lighter than feared with 35 people evacuated from Las Gallinas Canyon and 12 to 18 families from low-lying areas.
MENTIONED IN THIS ARTICLE
Wastum Giunick
House
Oklahoma City
Congress
West
Las Vegas
N. M
GPA
Emil Laporte
Southwest Risle Fellowship
Laura
Laporte
Sa‘pella
Bob Martinez
Las Gallines Canyon
Negro Named to Head the Employment Group
Washington reports President Eisenhower appoints Archibald J. Carey Jr. of Chicago as chairman of the Special Committee on Government Employment Policy to ensure non discriminatory practices in federal hiring. Carey has long served as vice chairman since 1955.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Archibald J. Carey Jr
Chicago
Carey
African Methodist Episcopal Church
Syria Russia aid deal tightens Arab dependency
Western diplomats in Cairo report Syria will gain technical and economic help from the Soviet Union and delay payment for arms in a Moscow meeting attended by Defense Minister Khaled El Azem and Army Chief Gen Pewlik Nizara El Din. The aid package is said to total 200 to 300 million Syrian pounds.
MENTIONED IN THIS ARTICLE
Cairo
Syria
Soviet Union
Russia
Red ‘Bloc
Moscow
Khaled el Azem
Pewlik Nizara el Din
Syrian President Kuwatly to cut Switzerland visit
Damascus government says President Shukri Kuwatly will cut his Switzerland medical visit and fly home to Syria on Wednesday amid unspecified health concerns. Government statement confirms brief return and telegraphs official stance on the trip's abrupt end.
MENTIONED IN THIS ARTICLE
Damascus
Syria
Shukri Kuwatly
Switzerland
Secret atomic stockpile sites may be disclosed
Testimony uncovers six secret locations near Fort Campbell Kentucky Fort Hood Texas Fort Bliss Texas Los Angeles area Nevada and New Mexico that could reveal atomic weapon stockpile bases. The hearing showed committees were told the sites are classified and tied to the Army special weapons project with training and operations details limited to authorized personnel.
MENTIONED IN THIS ARTICLE
Washington LF
Armed Services
Tee
Clarksville
Montsomens
Tern
Ft. Campe
Secret Bell
Killeen
Ft. Hood
Tex
Bossier
Bossier Parish
United States
la Medina
San Antonio
Vegas
Nev
Manzano
Albuquerque
X Mi
Jeral
William R. Shuler
Armedi
Ft. Campbell
101St Airborne Division
Honest John
AuprEent
Pases
Also Mentioned on This Page
Patman
D-Tex
Senate
House Economic Committee
U.S
Security Group
N.M
Border
Cowboy Museum
Gallinas
Galinas
Dorothy Tejada
Berlin
West Germany
West Berlin
East Gersman
Barksdale Hamlett
East Berlin
Aluminum
Tanta Rameyer
Southern California
Los Angeles
Long Beach Area
Heck Ban
Ever-Shade Swaine Co
el Is Te
Perey
N. la Brea
L.A
Foor-Shade Aluminum Awning CO
LA Brea
Shuler
Army Construction Director
Special Weapons
Chlet
Nerak AN Jansen Russell Latelf
Alitor
Marine Glass Co
Scott-Woodward-Scott SR
Magnolia
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