Tax Cutting Backing Mixed Among Business Leaders
Washington a number of leading businessmen endorsed tax cuts as anti recession but House votes to keep current rates on corporate income and autos cigarettes alcohol and other items. Senate likely to follow though aiming relief for auto and rail industries. The 14 executives warned against inflation and a cautious government approach. Economic activity continues to decline with few signs of an early upturn.
MENTIONED IN THIS ARTICLE
Washington
House
Eisenhower
Senate
Senate Finance Committee
Senate House Economic Committee
May weather review shows cooler May with light rainfall
May was slightly cooler than average with rainfall on 14 days totaling 3.25 inches. The month’s mean temperature was 62.6, versus a 38 year average of 63.7. Highest 87 on May 15 and 18. lowest 39 on May 11. Rainfall compares to last year’s 1.98 inches.
Two Boys Admit Tying Boy to Train Tracks
In Norwalk California two 10 year old boys confessed to tying 7 year old Michael Evans to railroad tracks to frighten him. The boy was rescued by his father before a train arrived. Police found the suspects by checking local schools and released them to their parents pending juvenile court action.
MENTIONED IN THIS ARTICLE
Norwalk
Calif
Sheriff's Deputies
Michael Evans
Frank
Michael
Evans
Missile Tested On Inland Route
A Regulus II guided missile was tested on an inland route near Point Mugu California. The test evaluated guidance systems and propulsion as part of a defense research program.
MENTIONED IN THIS ARTICLE
Point Mugu
Calif
Regulus missile launches from U S Naval Test Center
The Regulus missile was launched seaward yesterday at the U S Naval Test Center and, guided by two jet chase planes, flew over 450 miles to Antelope Dry Lake near the Utah border. The needle-nose missile, capable of carrying a nuclear warhead, is designed for submarine and cruiser use. Berlin reports show most international visitors in 1957 came from the United States.
MENTIONED IN THIS ARTICLE
U. S. Naval Test Center
Antelope Dry Lake
Utah
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