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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 30, 1954
Page
2
The 8th Army transferred 25 tons of brass shell casings to the Korean army for insignia production. Trucks will melt the metal into rank insignias for Republic of Korea officers. The scene also notes the Fair of America in Mendoza, Argentina.
William Kerwin reports FHA loans will be harder to obtain as Congress moves to tighten lending rules. Norman Mason orders strict screening of new applications to curb abuses, signaling a slowdown in processing for home purchases and repairs. Senate Banking Committee seeks cost verification from builders and tighter oversight to curb profits and kickbacks. Mason says operations remain sound while spring demand rises, but fears of further actions could slow production.
The National Safety Council reported March traffic deaths at 2 550 the lowest for any March since 1950 a 9 percent drop from March 1953. First quarter deaths totaled 7 920 compared with 8 220 a year earlier.
By March 1953 about 3,600 of India's locomotives will be over forty years old. The aging fleet signals potential maintenance needs and possible impact on railway efficiency, with officials emphasizing modernization plans and procurement timelines.
General Douglas MacArthur warned in Manchester New Hampshire against adventurers he said seek to subvert free institutions and erode sovereign independence and constitutional rights. He spoke in an acceptance speech after becoming an honorary citizen before about 2000 people at the state armory.
In Fort Worth Texas a thief Thursday stole a 14 by 8 foot building used as a refreshment stand belonging to Earl C Bates. The act put Bates out of business and disrupts his vending operation.
London announces removal of controls on rubber exports to Russia and Eastern Europe starting Monday. A board of trade spokesman notes the Soviet bloc is obtaining rubber elsewhere and has not used available quotas recently. Ban remains on rubber shipments to Red China.
Mexico City singer Ella Logan flatly denies a romance with William O'Dwyer former ambassador to Mexico and a one-time mayor of New York City.
A famed songstress praised a wonderful man on Thursday night saying she is enjoying time with him. Rumors swirl as she and Miss Logan frequent night clubs for about two weeks fueling speculation of a romance.
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