Small Oil Pact May Be Pattern
Denver report notes a wage agreement between Independent Union of Petroleum Workers and Standard Oil Co of California covering 5,000 workers. The deal grants 15 15 cents an hour raise with 2 5 percent retroactive gains and 4 2 percent back to January 1, plus shift differentials. Spokesmen call terms potentially a pattern for other settlements amid a nationwide oil strike. The aviation fuel shortage prompts Interior Secretary Oscar Chapman to order a 30 percent fuel cut for airlines and private flyers, effective soon.
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Denver
Independent Union of Petroleum Workers
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Standard Oil Co
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Oscar Chapman
Federal Reserve ends voluntary bank credit restraint program
Washington The Federal Reserve Board on the voluntary bank credit restraint program under which local investors screened each loan for its effect on the economy. The board said the economy is no longer in a major emergency and that the rise in business loans has fallen from five and one half billion dollars a year to one and a half billion. A spokesman said the program will be kept on standby and could be reinstated if needed. Local screening committees reviewed each loan to gauge its impact on the economy and defense needs. Investors would not back loans deemed unnecessary for the local economy or defense effort.
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Washington
INS
Federal Reserve Board
Nllion
Talks On London Aims To Settle Mediterranean Command
Admiral William Fechteler U S chief of naval operations opened talks with Britain's top defense officials to end the Anglo American dispute over command of Allied forces in the Mediterranean.
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London
William Fechteler
U.S
Britain
Mediterranean
Brewster seeks to portray harmony with Smith in reelection bid
Senate race coverage notes Senator Owen Brewster of Maine aims to show agreement with Margaret Chase Smith the lone female senator, but editorials suggest a divergent record. Regular features listed across pages include Amusements Financial Classified Music City Lite Editorials and more. Todays Pictures on page 14.
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Owen Brewster
Maine
Margaret
Chase
Pink Was Right Color But A Boy Arrived
Los Angeles home of George Von Eutler and Olga welcomed their ninth child Gary Christopher after a pink nursery spruced up for a girl. Eight prior children were girls, making the blue boy’s arrival a surprise conclusion to the family color plan.
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Los Angeles
George von Eutler
Olga
Eutlers
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Marcia
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Sheila
Gunman Is Friend Of Sutton In Diner Raid
Federal and state police arrested Harvey Bistany and three armed companions during a raid on Martys diner in Rhode Island. Bistany, 49, believed tied to the Slaying of Arnold Schuster, is also sought by the Post Office Department for burglaries. Accompanied by Manuel Orfeo Jr, Dennis Litwin, and Mike Mandella, they were captured as troopers burst in through two doors. Bistany faced questions about a revolver linked to the Schuster case and possible stolen arms tied to 1945-1950 income tax discrepancies.
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Detroit
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Fall River
Danny Ramondi
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Weather turns warmer with showers and storms likely
The report notes a welcome spell of warm air and rain with a forecast of showers and thunderstorms, rising to near 70 tomorrow. Winds shift from variable to southwesterly tonight, with stronger gusts by tomorrow. Authorities discuss legal questioning and witness cross examination as part of a Syracuse matter tied to a tax investigation.
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King
D-Calif
Nunan
Syracuse
Avia Evry
Wedemeyer to chair Taft citizen group
Lt. Gen. Al C. Wedemeyer announced he has accepted the chairmanship of a National Citizens for Taft Committee. He said his decision followed urging from numerous prominent Americans including Gen.
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Washington
Alpert. C. Wedemeyer
Taft
Sabres Clash in Korea and US Policy Debate
Reports say Sabre jet pilots destroyed four Communist jets and two Red propeller planes in aerial dogfights over northwestern Korea as the fifth Air Force clash of the day. Earlier Sabres downed two low flying Reds. the action centered south of the Yalu River with several bomber-type MIGs involved. In Paris John Foster Dulles and other leaders urged warning to Russia and Red China that armed aggression in Southeast Asia will be met with full military response.
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McGranery Nomination Questioned By Dulles
Washington INS reports Secretary of State Dean Acheson and Secretary of State counterpart share concern about James P. McGranery's nomination as attorney general. Dulles warned that if an aggressor believes retaliation is certain, aggression would be deterred per his remarks on Far Eastern Problems.
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Washington
INS
Senate Judiciary Committee
Truman
Dulles
James P. McGranery
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Torney General
Nunan Balks At Quiz Into His Finances
Former Internal Revenue Commissioner Joseph D. Nunan refused to answer questions about his personal finances during a Congressional inquiry. The committee pressed him to explain financial dealings and connections amid probes into tax administration.
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Bank Robber Admits 1948 Hoyt Crime in Pulpit
A Kansas youth, in an Hoyt church pulpit, says God inspired him to surrender after planning the 835 robbery on May 17, 1948. He disclosed the confession after a five week period of inner struggle and prayer. The man named Johnson issued a formal statement in Coucil Sands.
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Hoyt
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Johnson
Couild Sands
Guard Against Burns and Child Safety Reminder
A public safety notice warns caregivers to keep toddlers away from the stove during meals. It emphasizes supervising children during cooking, with a concluding reminder that most fatal burns occur in the home. The note appears across the paper with standard safety guidance.
Military Supply Bill Up for Vote in House
Washington report says the House will vote on a bill to simplify military supply practices. Sponsors claim 83,000,000 of taxpayers money may be saved. The measure, backed by Rep. Jack Z. Anderson, faces Pentagon opposition but is expected to pass, mandating a single inventory listing and standardized supply procedures across armed services.
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Washington
House
Jack Z. Anderson
Truman Talks Fail as Pay Hike Ban Blamed
Washington and Pittsburgh report collapse of White House steel talks over wage demands large union leaders like Philip Murray and John R. Steelman comment on stalemate. Industry says union rejects a 17 percent raise and fringe benefits proposal while large producers push for a smaller rise. Negotiations continue amid production activity and threat of wider strike action.
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Truce Delegates Make No Headway in Korea Armistice Talks
In Panmunjom secret session Allied and Communist delegates made no progress on the Korean armistice. North Korean General Nam Il spoke briefly from notes, while Vice Admiral C. Turner Joy led the Allied side and left the tent amid recess rumors. An industry lawyer said little as the conference paused until Tuesday.
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Korea
Nam U
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Thelsion
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Truman Seeks Large U S Flood Insurance Fund
President Truman asked Congress to create a national flood disaster insurance system backed by government funds. The plan would allow the Reconstruction Finance Corporation to provide direct insurance or reinsurance, with initial commitments of up to 500 million dollars, and potential increases in 1953 and 1954. The program would start on an experimental basis, with rates and areas tested, and followed previous recommendations for 400 million dollars in funding plus other flood aid.
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Congress
Senate
House
Reconstruction Finance Corporation
RPC
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