Profit Rate on Jets Defended by GM Aid
General Motors executive John F. Gordon defended a 599 jet fighter contract profit as reasonable and below the companys standard rate, saying profits were 11.3 percent pre tax and 9.6 percent after tax. He noted cost reductions lowered the contract value by about 26.6 million from the original 370.5 million proposal while auditors found 17.5 million in excess profits beyond the planned margin.
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John F. Gordon
General Motors Corp
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Armed Services
Gordon
Rep
Hardy
D-Va
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R-Pa
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BOP
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Jurist Demands Speedy Handling of Colorado River Suit
Special Master Rifkind urged federal lawyers to focus on core issues like the Boulder Canyon act and the Colorado River compact to avoid a multi generational trial. He warned that presenting Indian rights by unit could stretch the case indefinitely, as California seeks 3.382 million acre feet annually while Arizona challenges the allocation.
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San Francisco
Simon H. Rifkind
Rifkind
Supreme Court
Colorado River
David R. Warner
Justice Department
Arizona
Northcutt Ely
California
Mark Wilmer
Colorado
Amazzona
Thief Steals Radioactive Cobalt From Japanese Hospital
Police search for a thief who removed 17 pieces of dangerous cobalt 60 from an underground storage room at a Yawata hospital. Dr Sosuke Tanaka says cobalt 60 poses harmful radiation risk within three feet.
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Yawata
Japan
Sosuke Tanaka
Controversial nominees cleared in Eisenhower era Senate
In a party line vote, the Senate confirmed Jerome Kuykendall to the Federal Power Commission and Don Paarlberg as assistant secretary of agriculture. Democrats opposed both nominations, citing policy conflicts with private utilities and farm programs.
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Eisenhower
Senate
Jerome K. Kuykendall
Federal Power Commission
Eiisenhower
Nim
Don Paarlberg
Wester
Kuykendall
Op J
Washington State
Oldster Wins Divorce Amid Federal Power Debate
A Dallas WF-Dist. Judge presided as Kuykendall faced charges raised by opponents who claimed federal projects at Hells Canyon were being weaponized against him. Sarah Hughes granted a divorce to Thaxton, age 88, noting the former wife of 234 months preferred a separation after he testified his wife leaned toward other terms.
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Kuykendall
Hells Canyon Dem
Dallas
Kuykendaly
Sarah Hughes
Thaxton
Ira Thomas Thaxton
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