House Committee Approves Debt Hike Amid Rising Deficit
The House Ways and Means Committee approved increasing the debt ceiling to 285 billion with a temporary 288 billion allowance. Treasury Secretary Anderson warned of a 12 billion deficit for the current year, up from earlier projections, and suggested revenues may fall further. Rep. Noah Mason opposed the measure.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means Committee
Secretary of the Treasury
Anderson
Noah Mason
Treasury
Faubus Plans Next Steps After Victory in Arkansas
Gov. Orval Faubus said he has further plans to handle the integration crisis, awaiting the U.S. Court of Appeals ruling in St. Louis. He stressed the landslide primary win as vindication of his states rights stance, with 255,000 votes to 55,000 for each opponent.
MENTIONED IN THIS ARTICLE
Little Rock
Ark
Orval Faubus
U.S. Court of Appeals
St. Louis
Chris Finkbeiner
Lee Ward
Faubus
Soil Bank Signup Set for Sept 1 Publicized
The Agriculture Department sets September 1 as the start of a soil bank signup targeting 12.5 million acres to retire cropland in 1959 at about 13.50 per acre. The drive should finish by October 10, with next year’s program limited to the conservation reserve. Priority goes to farmers who retired all cropland in 1958 into the soil bank and now offer to place acreage reserve land into the conservation reserve.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Soil Bank
Conservaton Reserve
High Court Upholds Eyeglass Advertising
The Texas Supreme Court refused to hear further arguments on eyewear price advertising. It left intact a June ruling that SB104 did not ban price ads for spectacles, noting only fraudulent or misleading ads are prohibited.
MENTIONED IN THIS ARTICLE
Austin
State Supreme Court
Yarborough Wins Grayson County Primary Votes Tallied
Sen Ralph Yarborough received 5581 votes in Grayson County with Bill Blakley at 2626 in the Democratic primary. Final totals show Gov Price Daniel at 5550 and other county results for lieutenant governor supreme court land commissioner and other offices.
MENTIONED IN THIS ARTICLE
Ralph Yarborough
Grayson County
Bill Blakley
Gov
Price Daniel
Gonzalez
Irwin
O’daniel
Nokes
Ramsey
Supreme Court
Hamilton
Hunt
Smith
Greenhill
Hughes
Alcorn
Dimmitt
Griffin
Rothmann
White
Bruce
McKee
Franklin
Craft
McAden
Golden
Texas Schools Gain First Installment of Lunch Funds
The Food Distribution Division will release 5 488 245 in federal funds for Texas school lunch programs around September 1. Public schools receive 5 166 017, private schools 322 228. The allotments, based on child counts and income ratios, will reimburse schools for food bought from local merchants.
MENTIONED IN THIS ARTICLE
College Station
Texas
Food Distribution Division
Agricultural Marketing Service
Dallas
John J. Slaughter
Dallas Ams
Texas Public
Slaughter
Congress
U. S
Texas Education Agency
USDA
FCC Delays OK On Pay TV Licenses
The FCC will postpone granting any subscription television permits for about a year. Chairman John C. Doerfer said no new pay TV licenses will be issued until the end of the next Congress’s first session, around late July or early August 1959, though top TV applications will be processed during the interim.
MENTIONED IN THIS ARTICLE
Washington
The
Federal Communications Commission
FCC
John C. Doerfer
Commission
Doerfer
For Rent West Maple Street Five Rooms and Both
Classified ad notes Mrs M E Winburn house on West Maple Street with five rooms and both references to rental. Contact Earl Fields for details.
MENTIONED IN THIS ARTICLE
Main Street
Stephens & Bryant
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