Mortgage Money Tighten Says Dawson in Speech
SAM DAWSON reports that mortgage money will be harder to obtain as the government tightens money supply to slow inflation. Personal savings rose to 162 billion annually while spending and debt grow, with banks and the Federal Home Loan banks guiding loans to home builders amid floods and damaged property.
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Says Dawson
Sam Dawson
York W
Fed
Ihose
Lance
Riment of Commerce
Miler Reed
Federal Home Loan
Homer
Westinghouse Starts Study Of Demands
Westinghouse Electric Corp began studying wage demands from the CTD International Union of Electrical Workers after a three day strike affecting 43,000 members at 27 plants in nine states. The union seeks a substantial raise. talks paused to draft a plan with the potential for a strike on October 15 if unresolved. Local 601 at East Pittsburgh plant led worker action amid prior protests of time studies.
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Pittsburgh
Westinghouse Eelectric Corp
CTD International Union of
East Pittsburgh
CIOWE
Westinghouse
IUE
James B. Carey
Soviets Welcome Grotewoh Talks Amid Frontiers Debate
The Soviet side in Moscow rejected Adenauer’s frontier claims and signaled no shift on Germany unity. Tass quoted Russia stating East Germany held no new border views and noted Potsdam lines as the basis. Pravda highlighted Pieck’s prisoner release letter as leverage, framing moves as counter propaganda ahead of talks.
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Adenauer
Bulgaria
Russia
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Bonn
Germany
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Oder-Neisse Line
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Baltic Sea
Swinemunde
Oder
Neisse
East Prussia
Communist Party
Pravda
Wilhelm Pieck
Klementi Voroshilov
800000 Plan Strike Vote Against Rails
CHICAGO Some 800000 non operating employees soon will vote whether to strike against the nation s major railroads. A union official said ballots were mailed after railroads rejected wage and health welfare demands from 12 AFL unions. The dispute could reach the president in three or four weeks under the Railway Labor Act.
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Chicago
AFL
Red China frees two as agreed after espionage case
Former prisoner Rickett, released by China after 6 years, praised Chinese and American Red Cross aid. He admitted spying 15 days after arrest on July 25 1951, and said he learned more about the Chinese, insisting the U S used bacteriological warfare. He defended his criticisms of U S policy as an American with his own views.
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Red Cross
Ted Youde
Legation
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Tam
United States
Ricket
Dulles
McCarthy
Rosh Hashanah Begins Today With Sundown
Rosh Hashanah the Jewish New Year 5716 starts at sundown. Presidents and agencies extend greetings and plan observances for service members at home and abroad including chaplains touring bases and ships.
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New York
Denver
Eisenhower
National Jewish Welfare Board
Air Force
Arctic
Mediterranean
Korea
Japan
Peron Says New Revolt Is Crushed
President Peron did not address the nation at 10 am as Buenos Aires shut down all commerce for safety. Antiaircraft armed tracks patrolled the streets while Civilian employees left Government House. Army troops moved into Plaza de Mayo with troops and ammunition nearby. The government announced arrests of 100 civilians over a terrorist plot against Peron.
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Peron
Buenos Aires
Government House
Plaza de Mayo
Prayer and sea recovery misadventure in San Diego Bay
A dated note from Regina Saskatchewan minister Anton Norman D Kennedy prayers for peace in nature. In San Diego Bay U S submarines crew await Master Diver M E Hobek for 47 minutes as he reports failure to recover the upper dentures of Seaman RF Portinens lost overboard during a sneeze.
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Jesus
Anton
Norman D. Kennedy
Regina
Sask
First Presbyterian Church
San Diego
Calif
U. S
Nereus
M. E. Hob Eck
RF. H. Portinens
San Diego Bay
Famed Leipzig Fair Seen Through Communist Era Reforms
East German readers note the Leipzig fair amid Soviet influence. Woolworth stores display only East German goods marked In Verwaltung meaning under administration while a portion houses a clothing shop. After World War II shortages persist with meat fats sugar and coffee scarce and ersatz coffee served in restaurants. West cars drawn by locals draw attention as they stroll the streets among mostly prewar models and gas propulsion, while shop windows show modest displays including brassieres and foam rubbers as signs of relative optimism.
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Leipzig
East Germany
F. W. Woolworth
F. W. Woolworth Co
Teve
Hrestaurants
Hitler
Solution To Smog Problem From Los Angeles Resolution
The Associated Plumbers Con tractors of Los Angeles proposed a simple plan to clear smog by gathering all involved groups to travel to a high mountain and speak together. They claim the resulting wind would dissipate the smog quickly.
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Los Angeles
Associated Plumbing Contractors of
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