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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Feb 18, 1958
Page
5
Postmaster General Summerfield backs a 67 percent pay rise for postal workers while calling the prospects for a veto uncertain. He warned against false hope of large increases and declined to commit on the Democratic bill's fate before Congress.
The Bell System reported a record net income of 852.9 million dollars for 1957, making AT&T and its subsidiaries the nation's largest earner, surpassing General Motors. The annual report notes 2.8 million new telephones added, total assets rising to 1.6 trillion, and profits per share of 10.75 for AT&T. Scientists at JPL urged involvement in politics, arguing technical competence should guide public decisions.
CHICAGO UPi The top missile expert, Dr Wernher von Braun, warned that the United States has lost ground to the Russians and cannot afford further losses if survival is at stake. He announced Pentagon funding for five different firings involving satellites or other space projects, but did not detail the launches. He emphasized continued effort, saying the U S must brace for more Soviet firsts in astronautics and that several years of intense work are needed to catch up.
AMMAN Jordan Parliament unanimously approves the proclamation of a Jordan Iraq federation signed last Friday. The vote solidifies a regional integration plan amid regional tensions and anticipated external reactions from neighbors and allies.
Moscows Izvestia accuses the United States and Britain of blocking a proposed East West summit by spreading war psyches and delaying tactics. It denounces the British defense White Paper as sowing distrust while calls for mutual goodwill to prepare negotiations continue. Eisenhowers letter to Premier Bulganin is noted as condemning Soviet war-mind accusations.
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