Hoovers Commission Threat to Federal Lending Sparks Economic Alarm
Congress voices concern over Hoover Commission plans that would shift lending and insurance from federal agencies to private banks, raise interest rates, and curb Rural Electrification and price support programs. Officials cite higher rates, shrinking federal roles, and the rising burden on consumers as tax loopholes favor big earners.
MENTIONED IN THIS ARTICLE
Congress
Oral Reserve Board
Treasury Department
Hoover Commission
Hoover
Rural Electrification Administration
Commodity Credit Corporation
Federal Housing Administration
Home and Housing Administration
Veterans Administration
New York
Wright Patman
Texas
New York Clearing’ House Asso
Golf Open and sports figures in mixed early notes
The Philadelphia Daily News Open invitational offered twenty thousand dollars and was slated for September with PGA involvement. promotions feature George Fazio Perry Moss and Miami coach, plus a Hamilton Club advisor role in Canada. Nixon's Little Leagues tie and other sport notes appear among varied items about horses and kennels.
MENTIONED IN THIS ARTICLE
Philadelphia Daily News
Golfers Association
George Fazio
Perry Moss
University of Miami
Hamilton
Richard M. Nixon
Nixon
Michael Smith
Falls Church
Irginia
Carl Stotts
Wilmsport
Capitol
Racing
Flying Fury
Rub Rag
Jett Flame
Jocko
Prince Noor
Nashua
Jean’s Joe
Summer Tan
Warnings on Tricksters In Webster Highlight Local Risk
The Webster Times warns residents about fraudulent salesmen and collectors who prey on gullible locals. Police often learn of scams only after victims part with money, allowing racketeers to vanish to other towns with deposits for unseen goods.
MENTIONED IN THIS ARTICLE
Webster Times
Webster
Massachusetts
Credible fundraising tips in public discourse
A reader urges vigilance against door to door fundraisers without credentials and notes that legitimate solicitors should carry identification. The piece recalls Van Buren warnings against heavy government spending and emphasizes limiting federal grants to private prosperity.
MENTIONED IN THIS ARTICLE
Gellywood
Berain
Hollywood
Florida
van Buren
Nickel production and uranium discovery highlighted in 1950s notes
Production of nickel by the free world in 1954 reached a high of 390 million pounds, about 50 million more than 1953 and 50 percent above pre Korean output. Marysvale Utah yielded the United States first major uranium source in 1949. The text also notes housewives spend a large portion of day on food tasks and lists leading U.S. exports as machinery, automobiles, grain, and cotton. Pickpocket activity is described with wallets dropped in mailboxes and 80 wallets a day reaching New York post offices.
MENTIONED IN THIS ARTICLE
New York City
United States Treasury
Congress
Federal Treasury
Freeworld
Rly
Marysvale
Utah
Salt Lake City
United States
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Willie Shoemaker
Rex C. Ellsworth
Swaps
Arcaro
Nike Feng
Ai Menenegy
Sates Va Crarels
Nese
Teviond
Baseball and
the Sporting News
National Baseball Weekly
Washington Avenue
St. Louis
Bical
Baseball Guide
Lew
Dae Carnegie
Mary G. Hedlund
Central Avenue
Pasadena
California
Childrens Home Society
Hedlund
Carnegie
Moeta
Bloc
Hovel
Conten
Esse “ Caron
Michael Wilding
Pat Mawoop
Brad Andersen
MR Kinkaid
Tatale
U.S
Red ‘Cross
Ellsworth Barker
Samuel Krakow
NEW Steel
Roger M. Blough
Benjamin . Fairless
U. & Steel Corp
Italy
Pia
Prince Alexander
Yugoslavia
Germany
NATO
Konrad Adenauer
West German
Paris
Atlantic Treaty Organization
Beldeross Lindelof
Dortmund
Ashley, Ra
Ming
Ee Floyd J. Pemberton
Detroit
Bonnie
Pres. Eisenhower
Abbe Pierre
U. S