UAW Pushes Profit Sharing Over Short Week in 1958 Pact Talks
The United Auto Workers proposed a profit sharing plan to start when corporate profits exceed 10 percent before taxes. The plan would allocate half of excess profits to stockholders and executives, a quarter to hourly and salaried workers, and a quarter to consumers as purchase rebates. The UAW postponed demands for a shorter work week and called for an immediate general wage increase tied to productivity, with SUB extended and benefits broadened for workers on reduced schedules. The proposal, approved by the International Executive Board, will be refined at a Detroit convention before spring bargaining.
MENTIONED IN THIS ARTICLE
Detroit
Mich
United Auto Workers
UAW
International Executive Board
Budget to Get Careful Look Says Johnson
Senate Democratic leader Lyndon Johnson said Congress will rigorously review President Eisenhower's 73.9 billion dollar budget to decide if it strengthens national security. He noted Congress and the American people will analyze the budget thoroughly to determine if it is the right size for the job. Continued on page 2.
MENTIONED IN THIS ARTICLE
Washington
Lyndon Johnson
D-Tex
Congress
Eisenhower
Senate
Eisenhower Proposes $73.9 Billion Budget Focus on Security
President Eisenhower asks Congress for a record peacetime budget of 73.9 billion dollars for 1958 59 with almost two thirds earmarked for defense against Russia. The plan projects a balance despite a one year red, highlights a 38.8 billion defense outlay, and includes missile and nuclear research boosts. It also calls for a 5 cent postage rate on out of town first class mail and a 500 million reserve fund for rapid weapon development.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Congress
Russia
White House
Pentagon
Chamber Dinner Audience to Hear Sen Byrd in Winchester
U S Senator H F Byrd will address the 40th annual Chamber of Commerce Membership Dinner in Winchester Frederick County Wednesday evening. More than 300 are expected as the event includes Man of the Year and Outstanding Member awards for 1957 and retiring directors receive plaques. The dinner starts at 6 30 p m.
MENTIONED IN THIS ARTICLE
U. S
Senators Push Referendum On School Fund Cutoff
Senators Dalton and Boothe urge a voter referendum before any school fund cutoff tied to integration takes effect. They seek to let residents decide if state funds should be withheld, arguing local taxpayers deserve a say in funds redirected from schools. The measure heads to the Senate Rules Committee.
MENTIONED IN THIS ARTICLE
Richmond
Senate
General Assembly
Virginia
Ted “Alton
Radford
Armistead Boothe
Alexandria
Boothe - Dalton
Senate Rules Committee
Almond Begins First Day as Virginia Governor
J Lindsay Almond Jr arrived at the governor's office about 9 a.m. for his first day as Virginia's chief executive. He held an early staff conference, greeted General Assembly members, and planned no press conference for today, with a briefing set for 10 a.m. tomorrow. Wilbur Walker and Mrs Neyhen Evans joined the staff, Evans returning as secretary.
MENTIONED IN THIS ARTICLE
Richmond
J. Lindsay Almond Jr
Virginia
General Assembly
Carter O. Lowance
Almond
Wilbur Walker
Neyhen Evans
Evans
Walker
Lowance
McElroy Outlines U S Missile Plans Before Congress
Secretary McElroy told the House Armed Services Committee the U S has no conclusive evidence Russia leads in long range missiles but acts as if they do. He outlined progress on Polaris production within 18 months and a third ICBM launching base in the budget starting July 1.
MENTIONED IN THIS ARTICLE
Washington
McElroy
Congress
U.S
Russia
House
Armed Services Committee
Defense Department
United States
Soviet Russia
European Press Reassured By Ike Letter On Summit Talks
European papers across political lines welcomed the prospect of a East West summit and noted Eisenhower may have set firm preconditions. Thompson delivered the 4000 word reply to Bulganin in Moscow while Soviet media offered quiet reaction. Paris and Rome papers highlighted relief and interest with headlines referencing six proposals for discussion.
MENTIONED IN THIS ARTICLE
London
Eisenhower
Bulganin
Russia
Llewellyn Thompson
U.S
Moscow
Communist Party
Pravda
Belgium
Denmark
Kremlin
Herad
State Dulles
Molotov
Manchester Guardian
Dulles
Daily Mail
Paris
Figaro
Virginians to pay $1.24 billion of federal budget
The Virginia State Chamber of Commerce estimates Virginians will shoulder about $1.24 billion of President Eisenhower's federal budget, claiming Virginians pay 1.68 percent of all federal taxes. The share exceeds three times Virginia's total state tax collection from last year.
MENTIONED IN THIS ARTICLE
Richmond
Virginia
Chamber of Commerce
Eisenhower
Bell Clothes Winchester Big Moving Sale
Bell Clothes of Winchester announces a big moving sale with the entire stock greatly reduced. Contact MO 2 3177 for details and timing as signs promote the event and drive customers to shop the discount offerings.
MENTIONED IN THIS ARTICLE
Bell Clothes of
Winchester
Eisenhower offers summit if Soviet agrees to peace plan and talks
President Eisenhower signals openness to an East West summit with Nikolai Bulganin on condition of negotiations first. He urges a far reaching peace program to end nuclear weapon production and testing, curb UN veto use and space weapons, and dedicate outer space to peaceful uses. He stresses peace talks must show progress and avoid aggression.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Nikolai Buganin
Bulganin
United Nations
Aong
Bulgannin
Russia
Germany
United States
Soviet Union
March of Dimes Nets $439.50 From Local Events
Three projects in the 1958 March of Dimes raised $439.50 on Saturday. The Mile of Dimes at Boscawen and Loudoun netted $203, James Wood pupils sold roses for $191.50, the coffee stand brought in $24.80, and the dime boards downtown contributed $20.20.
MENTIONED IN THIS ARTICLE
Boscawen
Loudoun Sts
Loudoun
James Wood
Mixed Rain Sleet and Snow Forecast By Nightfall
The weatherman warns of mixed rain sleet and snow this evening with similar conditions in nearby West Virginia and Maryland. Clearing and windy skies expected tomorrow with temperatures from 35 to 42.
MENTIONED IN THIS ARTICLE
West Virginia
Maryland
Ike Budget Sets 1959 Cost At 426 86 Per American
Eisenhower's fiscal 1959 budget totals 426.86 dollars per person based on a January 1 population estimate of 172.8 million. Missile program costs are 30.67 dollars per American, including research, development, production, ships, and construction. The national debt is estimated at 271.2 billion dollars, or 1 469.44 dollars per person.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Masked intruder fires at O'Sullivan plant guard
A masked man shot at a guard at the O’Sullivan plant around 11 49 p m and fled. State Police probe the incident as a $500 reward is offered for information leading to the assailant’s arrest and conviction. The plant manager says the intruder knew the site, used an unlocked door, and fled through a patched fence area after firing.
MENTIONED IN THIS ARTICLE
O'Sullivan
Stuart B. Row
Row
Winchester
Three Auto Crash Injures Three in Local Area
Three people were injured in separate weekend traffic mishaps with property damage over $1,000. Gretchen Byrd of 4111 Tennyson Ave was hospitalized after a 6:15 PM crash in Winchester, suffering a fractured leg and head and face lacerations. her 1956 Mercury wagon hit a utility pole at Amherst St and Whittier Ave. wagon damage about $700. Officer Ira F. Nesselrodt investigated. Harry LaFollette, 33, of Gore, was hospitalized at 6:35 PM Saturday after a crash in the county’s western section, with lip, nose and right forearm lacerations. Details and damage totals unavailable.
MENTIONED IN THIS ARTICLE
Winchester
Frederick County
Gretchen T. Byrd
Tennyson Ave
Amherst St
Whittier Ave
Byrd
Memorial Hospital
Ira FP
Nesselrodt
Harry LaFollette
Gore
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116Th Infantry
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J. Lindsay Almond, Jr
Charles Lillis
Jack Marsh
Wendell Seldon
Jack Castles
M. B. Clowe
William Weyland
Johnson
Sian
Percival Brundage
Sen
H. F. Byrd
Margel Wilson
Dufour
Hanes
Margaret L. Hodgson
Mprl
Marianne’s of
Winches
Stanley
Assembly
Dalton
Boothe
House of Delegates
Secretary of the Commonwealth
Ike
Outer Space
The
United
O'Sullivan Plant