Britain Enters 1954 With Cautious Economic Optimism
Britain starts 1954 with cautious hope that Lady Luck favors a postwar recovery. Treasury data show restored gold and dollar reserves at 2.361 billion dollars, production up about five percent from 1952, and wage gains near eight million workers in 1953. Inflation remains mild, unemployment under 340,000, yet exports face stagnation and the nation warns against complacency amid a mixed outlook.
MENTIONED IN THIS ARTICLE
London
INS
Britain
Treasury Department
Richard A. Butler
Britain faces clash of rising liabilities with export reliance
Trade activity in the United States and Canada boosts import capacity allowing Britain to build stocks and plan to abolish food rationing in 1954 without proportional export expansion. Export prices rose to early 1953 and have lagged import price declines, while sterling area surpluses lifted reserves yet increased sterling liabilities. If exports do not discharge the debt, Britain must draw on reserves. Britain's share of world markets has declined from 1950 to 1952, with 1953 figures currently unsatisfactory.
MENTIONED IN THIS ARTICLE
United States
Canada
Britain
Brittain
France Faces 1954 Turbulence Amid Foreign Policy Debates
France confronts three major challenges in 1953 war in Indochina defense against possible Western Europe aggression and domestic economic strain. A year-end debate narrows to the European Army issue, with Premier Laniel winning a slim majority to meet Eisenhower and Churchill in Bermuda. Auriol’s presidential election looms, potentially altering foreign policy commitments.
MENTIONED IN THIS ARTICLE
Paris
Europe
Indo-China
France
Joseph Laniel
Laniel
George Bidault
Bermuda
Eisenhower
Winston Churchill
Laurel
French National Assembly
Vincent Auriol
Business Loans Rise Across Member Banks
The Federal Reserve Board reported business loans held by member banks grew by 224 million dollars in the week ending December 23, reflecting tighter credit conditions and sustained lending activity amid year end flows.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
General Clark to lead nationwide Heart Fund drive in 1954
General Mark W. Clark is named national chairman of the 1954 Heart Fund, directing a February campaign for the American Heart Association. The effort includes Heart Sunday activities, community solicitations, and a national radio push featuring disc jockeys and stars under the slogan Let’s Turn the Table on Heart Disease. Joe Mulvihill of Cleveland will lead the radio phase with a two hour Heart Story emphasis across January and February.
MENTIONED IN THIS ARTICLE
Mark W.clark
Robert L. Joing
American Heart Association
Far East
Bruce Sarton
Heart Fund
Association
Heart
Cleveland
Joe Mulvihill
Mulvihill
WIAM
March of Dimes Record Campaign Underway in 1954
Ohio State chair Richard L. Kroesen announces the 1954 March of Dimes goal of 75 million dollars to cover new vaccine field trials and support ongoing patient care, education, and research. He urges deeper public giving as a polio prevention program plans to inoculate about one million second graders nationwide with results in 1955.
MENTIONED IN THIS ARTICLE
Cleveland
Richard L. Kroesen
Ohio State
Kroesen
Ohio
National Foundation
Cleveland Attorney Urged For U S Post
Columbus report says Cleveland attorney Sumner Canary was recommended to U S Attorney General Herbert Brownell for nomination as U S District Attorney for Northern Ohio. Senator Bricker announced the nomination goes to the White House next week for Eisenhower's submission to Congress.
MENTIONED IN THIS ARTICLE
Columbus
Cleveland
Sumner Canary
U. S
Herbert Brownell
Ohio
John W. Bricker
Qohio
White House
Eisenhower
Congress
Married Twice, Sure It's Legal
Davidson Okla reports Mr and Mrs Wesley Marshall married twice after discovering a license mix up. The couple wed at Marshall s home Thursday night with Betty Jane Murphy as the bride. A second ceremony followed in Cotton County outdoors under car headlights after the wedding party crossed the county line.
MENTIONED IN THIS ARTICLE
Marshall
Betty Jane Murphy
Thhey
Cotton County
Tillmar Sousa
Locat
John O. Stewart
Granite residents cook indoors after gas restored
Citizens of Granite Oklahoma heated breakfast indoors after a gas main pipeline break disrupted outdoor cooking for a day. Gas supply resumed to normal following New Year’s Eve outage that left many residents relying on yard fires.
MENTIONED IN THIS ARTICLE
Granite
Okla
Editor injured after traffic safety editorial idea
Rebecca F. Gross editor of the Leck Haven Express in Leck Haven Pennsylvania lost both legs in a car crash near Williamsport while en route to the airport. She had just written an editorial urging readers not to spend holidays in the hospital and sporge. She served in the Waves in World War II and helped found the Pennsylvania Women's Press Association.
MENTIONED IN THIS ARTICLE
Williamsport
Rebecca F. Gross
Leck Haven
Express
Williamsport Hospital
The
Miss Gross
Montoursville
William Kinley
Russia
Pennsylvania Women's Press Associaton
Suburban Calendar Spaghetti Supper and Grange Events
Suburban Calendar lists Chatham Rainbow class spaghetti supper, Lorain County Pomona Grange health program, Ridgeville Grange dance at Ridsey.Ue Hall, and Carlisle P T A events. Weekend activities include Acme Grange mixer at 9 pm and a Monday Carlton P T A meeting.
MENTIONED IN THIS ARTICLE
Chatham
Rainbow
Lorain
Pomona
Grange
Acme Grange
Ridgeville
Ridsey
Grange Hall
Carlisle
Carloksie
1984 Elyria executive board meets at 8 p m
Chronicle Telegram notes the Elyria executive board gathering at 8 p m with Virginia Shea. Tuesday events include Belden Farm Bureau Council 7 A at D G Reisinger home and Lagrange Homemakers meeting at Vets Hall with hospitality and light refreshments. Meetings begin promptly at 10 30 a m and RIDGEVILLE Study Club meets at 1 am with Mrs HL Graff. Mrs Irons to present.
MENTIONED IN THIS ARTICLE
Belden
Lagrange
Vets Hall
Clearview
Ridgeville
HL Graff
Irons
Also Mentioned on This Page
Fred Doerflinger
the Brown Co
Luther Mohler
Mgr
Lodi St. Elyria
Standen & Geitgey
E. S. T. Bldg
Keck Plastics
Cornell Ave
Elyria, Ohio
GEO. Hermann’s
Lodi Street
Fulton
Grafton, Ohio
Gen. Clark
Drive of Heart Society
U.S. Post
Elyria CO
Middle Ave
Western Reserve
Broad St
Lorain County
California
Waller Ceramic Shop
Marseilles Ave
Gerna’s
Jersey
Middle Avenue
5Us Gardner
Virginia Shea
Cleveland St
Gardner
Agency
General Insurance
West Ave
Charper Piano CO
E. Lake Rd
Sheffield Lake
Galf Rd
Lake Rd
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