Humphrey Sees Hikes With Steel Price Increase
Secretary of the Treasury Humphrey told Senate Finance Committee that the latest steel price rise by U S Steel and others will lift costs across the economy. He noted a potential $15 to $22 auto price increase and said prices may rise further with a lag. Humphrey, preparing to leave Treasury, is slated to chair National Steel Corp.
MENTIONED IN THIS ARTICLE
Washington
Secretary of the Treasury
Humphrey
Sen.j. Long
D-La
Senate Finance Committee
Long
U. S., Steel Corp
Louisiana
Hei
Treasury
National Steel Corp
Dulles reaffirmed Red China policy amid rising pressures
Secretary of State Dulles reaffirmed the United States policy of boycotting Communist China in a San Francisco speech approved by President Eisenhower. The policy bans recognition diplomacy, trade, cultural contacts, and any place for Red China in the United Nations, while signaling possible changes if Peiping alters its ways. Domestic and foreign pressures loom as Britain Japan and NATO allies move toward greater trade with China, testing U.S. resolve.
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Washington
China
Jules
Dulles
San Francisco
United States
Eisenhower
Peiping
Red China
United Nations
Russia
London
Red
Red Ching
Britain
Japan
Seven' O
NATO S
Barcament
Soviet Union
HOUSE
Martin R-Mass
Kwashington
Dutles
Stump extends command to all U S forces in Far East
Admiral Felix B Stump announced a Pacific wide realignment placing Army Air Force and Navy forces in the Asian and Pacific theaters under his Pearl Harbor command. The flag of MacArthur's Far East command was hauled down in Seoul as the Far East Air Forces were absorbed. Stump said the changeover reduces cross purpose risks and allows faster response to any attack anywhere, with local deployments unnecessary due to modern air and sea transport.
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Tokyo
Felix B
Stump
U. 8
Chang'a
Army
Air Force
Navy
Pearl Harbor
Far East
Douglas MacArthur
Olds Far East Command
United
Seoul
Laurence S. Kuter
D.white
Grand Stump
GonBrederi
U. 5
Japan
Korea
Pacific
Two Die In California Sports Car Crash
A head on collision on Latigo Canyon Road near Pacific Coast Highway killed 36 year old Richards of Pasadena and 35 year old Warren Loseman of Hollywood. Richards’ car failed to turn, colliding with Engle’s vehicle. the other car overturned but its driver was uninjured. The California Highway Patrol investigated the Southern California crash.
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Los Angeles
Ricards
Bowia Wie
Wyypery
Cur Va
Pacific
Sierra
Madre
Warren J.loseman
North
Villa-at'Barhite- St
Pasa- Hollywood
Dena
Highway Patrol
535 Road Toll Feared for Holiday
Chicago based report cites National Safety Council warning that 535 Americans could die in the long Independence Day weekend, a new record if reached, as 413 deaths were recorded in the prior Memorial Day stretch. USC President Ned Dearhorn urges extra caution to avoid high toll. The 102 hour period runs from 6 p.m. local time Wednesday to midnight Sunday.
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Chicago
National Safety Council
USC
Ned Dear ‘Horn
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