Editorial: Soviet Five Year Plan Aims to Overtake U S Production
An Associated Press analysis notes the Kremlin’s drive to surpass U S industrial military power by 1970. It highlights Russia’s strong five year plan results, plans for rapid expansion in basic industry, and a consumer squeeze as emphasis stays on heavy industry.
MENTIONED IN THIS ARTICLE
Associated Press
Kremlin
United States
Soviet Union
U.S.S.R
Benjamin Fairless
General Motors
Harlow Curtice
Curtice
Fairless
Soviet five year plan raises questions about war prep
The analysis argues that while the Soviet Union expands industrial capacity and living standards, the large output growth may be redirected to state defense. It questions how long this policy will continue and how the United States will respond to the perils of a heavy industry shift toward war preparation.
MENTIONED IN THIS ARTICLE
U.S
United States
U.S.S.R
Soviet Union
Soviet Communist Party
Eisenhower reports balanced budget for fiscal 1957
President Eisenhower sent Congress a plan showing a balanced budget for fiscal 1957 starting July 1. He estimated outlays at 65.9 billion dollars with receipts about 400 million higher, aided by prosperity and revised tax projections. A small surplus is anticipated despite spending rising over fiscal 56.
MENTIONED IN THIS ARTICLE
White House
Eisenhower
Congress
Secretary of the Treasury
George Humphrey
Treasury
United States
Plan for 40000 mile interstates backed by penny gas tax
The Committee for Economic Development urged a 20 year program to build a 40000 mile interstate system funded largely by raising the federal gasoline tax from 2 to 3 cents. The plan competes with Clay and Gore highway proposals, favors large scale borrowing avoidance, and ties to a booming 1950s economy.
MENTIONED IN THIS ARTICLE
Committee For Economic Development
Washington
H. C. Turner Jr
Clay
Gore
Congress
J.ius D. Clay
Eisenhower
Sen
D-Tenn
Senate
House
Recurrent mishaps and a wolf encounter on snowy outings
The piece recounts Karen Smith of Ogden Utah breaking a foot in ballet class and tracing an accident history since 1948. It also notes Jack Burgess and Richard Ilya of Tower Minnesota skimming ice when a wolf killed a caribou on a plane, leaving them unharmed. Secretary Dulles defends a Life magazine quote amid debates over foreign aid and brinkmanship.
MENTIONED IN THIS ARTICLE
Karen Smith
Ogden
Utah
Karen
Jack Burgess
Richard I‘'ya
Tower
Minn
Putnam ‘Bake
Burgess
Lilya
Housing Mortgage Rules Relaxed After Six Month Clampdown
The FHA and VA restore 30 year insured loans after a six month restriction. July had cut maximum maturities to 25 years to curb credit risk and inflation. Builders blamed tighter rules for slowed housing starts. relaxation applies to VA loans not closed by Jan. 17 and FHA loans not insured by then.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Veterans Administration
FHA
Dulles Frames Peace Through Readiness to Defend Values
Secretary of State Dulles states that his life has been devoted to a just enduring peace and that clear warning we will defend essential moral values and vital interests. He argues the surest path to avoiding war is to show willingness to defend these principles, even by risking life.
MENTIONED IN THIS ARTICLE
State Dulles
Governors Speech and Foreign Leader Visit Schedule
On Thursday January 26 Idaho Governor Smylie speaks at the GOP Pulse of the Nation forum in New York City. Saturday January 28 the American Academy of Orthopedic Surgeons holds its convention in Chicago. Monday January 30 Prime Minister Anthony Eden arrives in Washington to meet with President Eisenhower.
MENTIONED IN THIS ARTICLE
Gov. Smylie
Idaho
Pulse of the Nation
New York City
The
American Academy of Orthopedic Surgeons
Chicago
Anthony den
Washington
President Fisenhower
SAGE pushbutton system eyed as future war game changer
Washington military circles reveal SAGE a ground controlled system to operate manned aircraft. Described as a quantum jump in effectiveness, it aims to speed defense measures to match offensive power. Alongside air to air atomic weapons and long range missiles, semi automatic pilots boost U.S. military strength.
MENTIONED IN THIS ARTICLE
Washington
SAGE
Pentagon
U.S
Glubb and the Arab Legion under Jordanian unrest
AP Cairo reporting describes Brigadier John Bagot Glubb dubbed The Uncrowned King of Jordan as riots spread across Jordan. opposition leaders seek Arab control of the Arab Legion while funding shifts discussed threaten Glubb and Western influence. bloodshed looms if Arabization stalls.
MENTIONED IN THIS ARTICLE
John Bagot Glubb
Jordan
Arab Legion
Middle East
Cairo
Egypt
Associated Press
Wilton Wynn
Glubb
Wynn
Also Mentioned on This Page
By Tom Whitney
Whitney
U.S.R
U.S.S
U.S.A
R. U.S.S.R
American Iron and Steel Institute
Steel Producers of America
J. M. Roberts
Associated Press News
Ecretary Dulles
Life Magazine
Dramn Jusl
J Man USA
Formosa
Roberts
Dulles
America
Sen. George
Foreign Relations Committee
Sen.Knowland
Hoover
Hussein
Clubb
Legion
Saudi Arabia
Syria
Damascus
Britain
Arab Palestine