Cleveland Bank Blames Inflation on Government Waste
The Cleveland Trust Co in its Monthly Bulletin argues government waste and spending drive inflation. It praises a balanced budget but foresees rising deficits in 1951 52 unless fiscal and monetary policy changes. It urges budget balance, credit limits, and reduced nonessential spending to curb inflation and boost saving, with higher taxes not the only answer.
MENTIONED IN THIS ARTICLE
Cleveland
Cleveland Trust Co
Washington
Cleveland Trust
Federal Reserve System
Acheson Warns Against Letdown Over Korea Talks
Secretary of State Acheson warned that the United States must avoid a letdown over Korean armistice talks or risk a tougher blow elsewhere within six months to a year. He said the policy is not to force a showdown with communism in Korea nor allow the Reds to drive one there. The remarks were made in an off the record June 29 talk to magazine and book publishers. a State Department transcript was released last night at attendees’ request.
MENTIONED IN THIS ARTICLE
Washington
State Acheson
Acheson
Truman
Korea
State Department
Captured AP Photographer Reported From North Korea
Kaesong, Korea July 16 AP reports fresh word of Frank Noel, captured Associated Press war photographer. He was seen two months ago reported to be somewhere in North Korea by Chinese correspondent Pang, who spoke English during a truce conference recess with several Chinese newsmen and UN reporters.
MENTIONED IN THIS ARTICLE
Kaesong
Korea
Frank Noel
Associated Press
North Korea
Pang
United Nations
Plane Crashes Into Lake Erie. Man Drowns in Ohio
Four Ottoville men traveled to Cleveland to see a ball game when their light plane crashed into Lake Erie. Richard Horstman, 31, drowned trapped by his belt as the craft sank in 12 feet of water near the Lakefront Airport. Surviving crew members included Robert Wannamacher, Cyril Horstman, and Joseph Van Oss.
MENTIONED IN THIS ARTICLE
Cleveland
Putnam County
Lake Erie
Stinson
Richard Horstman
Ottoville
Robert Wannamacher
Cyril Horstman
Joseph van Oss
Timothy hay stalk found on Kemptville farm
A 69 inch Timothy hay stalk was discovered by T. J. Coppinger on his farm near Kemptville Ontario. Timothy hay, used for horse and cattle feed, typically grows three to four feet tall.
MENTIONED IN THIS ARTICLE
Timothy
Kemptville, Ont
T. J. Coppinger
Also Mentioned on This Page
U.S
Cleveland Bank
Trust Company
Bulletin
Carol Romann
Granite City, Ill
Missouri
Atlantic City
Lindewood College
St. Charles, Mo
Prescription
Finney
415 Market Ave. N
Lee Maag, Mer
SSS Savings
X-tane
Ohio
FLY
United
New York
Philadelphia
United Air Lines
Akron
Tten
For
Cleve
Ave
Miami
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