davidaulloa/AmericanStories huggingface dataset:
Evening star., 1954-10-29
Press Club
Hears lJSlA
e
Director
By Frances Iide

1uG OTlDGQ 0tdbSS 4kllOI1tld~
tion Agency is working with, !"
rather than sin" the II coun-
tries in which it has posts. un-
der the policy followed during
the past year. Director Theodore
C. Streibert said yesterday.
That policy. he explained. Is
TO employ citizens of the coun-
tries concerned, as far as possi-
BILE. for its overseas operations.
"Of our total staff Of $500
overseas today, only 1000 are
Americans" he said. "The other
$500 are all citizens Of other
countries"
Speaking before the Women's
National Press Club, Mr.. Strei-
bert said policies are the same
at all posts. But programs In
terpreting United States policy
are decided in the field and are
tailored to fit local conditions.
sf1e added.
Stounch Friends
"In Latin America. for ex-
. ample, we have staunch friends
in the bi-national centers and
we rely heavily on them." he de-
clared.
The centers, he explained, grew
from a desire Of the people to
know more about the United
States and to cement inter-
American friendship. They MAIN
tain libraries. hold classes in
the English language, stage ex-
f1ibits and sponsor concerts, lee
lures. and the like, with some OF
their staff and supplies being
furnished by the USIA.
1.-THE Soviets are very busy
throughout Latin America trying
to stir up interest in similar ac-
tivities with a pro-Communist
bias" Mr.. Streibert reported,
land have succeeded In setting
up one in Buenos Aires"
Soviet efforts along this line
In Argentina are particularly
significant. he declared, because
Argentina recently launched q
campaign to suppress comnu-
niSm.
The USIA head pointed out
that Is of the 20 American Re-
publics outlaw communism. He
estimated. however. that about
zoe. 900 Communists are at work
In Latin America.
Their activities are not going
unnoticed he said. but their full
import Is not yet realized.
Not Unique
"The Latin Americans are not
unique in this" he added. u
have found the same situation
elsewhere an awarenesS OF
communism as an internal threat
but a failure to grasp all its
implications and understand its
true nature as an international
conspiracy"
Mr.. Streibert, who took over
direction of the USIA when the
information program was sep
arated from the State DEPART
ment a little more than . year
ago, spoke at a luncheon at the
Lafayette Hotel.
Asked how the agency handled
the story Of McCarthyism," he
said it tried to be "factual" and
"objective."
It also tries to be factual and
objective in reporting on current
campaign activities and expects
to follow the same procedure in
reporting election results, he said
In answer to another question.
Luncheon guests included two
women members Of parliament
from two different countries
Mrs. Maria Dietz Of West Ger
many and Miss Brita Elmen o.
Sweden. They were introduced
by the club president. Mrs. Eliza.
beth Carpenter.
Evening star., 1954-10-29
BY Shoron Dor'on

The Crew Cuts, the four col
'Iege students whose record. "Sh-
Boom" has sold over one million
copies. are in town this weekl
Sitting in on their rehearsal
Evening star., 1954-10-29

symphony ticket ONCE. they
said. more students from COLI
leges and high schools will be
filing the hall than any one
elsep How about you. will you
be there?
HAPPY HALLOWEEN, MEN!
See you next Friday!
Evening star., 1954-10-29
sTA4n C@@x0 Top Quortet in Town for Engagement:
OOII 1ICIIC. High School Jr. Is Temporary Mayor

and 1t really Is funny when the
barber asks How do you want
1t cut?' Then when they md
out who we are 1t sure is Q
riotis
Evening star., 1954-10-29
Seniors Leaving
For United Nations

For some quick school news:
25 seniors from Blair are TO be
on to the q. N, sponsored by
the League Of Women Voters
as the annual United Nations
trip, scheduled for November IL.
Also the Blair Senior play.
High Tor" is scheduled for
production on December ., 10
and IL.
From Falls Church High
comes the news Of their highly
successful play. ''Bernadine. /"
which was held In their brand
new. long awaited for auditori-
um. Everything from neat light
ing to private dressing rooms
made the production nothing
short Of fabulous!
Oh. yes. the latest word at
this institution is "MUNGY."
meaning a person who doesn't
have anything, positively any
thing on the ball.
Sixteen-year-old Ann Olive, q
Junior at B-CC is the mayor Of
Glen Echo! She has been elected
temporary" mayor during the
Halloween season until tormor-
row night. II can hold town
meetings whenever I want, and
just take over like q real mayor %
she said. Ann and her other
teen-aged aides will hold office
until tomorrow night when q
huge dance held In the Glen
Echo flrehall takes place. Not
only that, massive fire trucks
win pick up everybody and 60
changing down to the dance.
Wheee! Great transportation!
Speaking Of Halloween, why
not hold q party at your house
that night and invite the gang
in to have one great time in
stead Of roaming the streets.
Oh. yeah, you could always wear
q charcoal gray suit and q ghast-
" orange shirt for the party, to
keep in colors. YIKES.
To Walk Right. Walk
As Toll as You Can
Do you know how to walk?
Now that might seem to be q
sort Of stupid question, but q
lot Of you gorgeous gals aren't
walking right AT ALL. Accord
ing to the Patricia Stevens Fin
ishing School, which is giving
valuable lessons to teens every
Saturday, you must walk as tall
as you can. Then all the rest (D
Of you viii fall into line. An
other thing. don't swing your
arms like an ape when you're
walking. keep them close to your
sides. AS for the length Of your
step, put one leg out straight,
bring 1t back into where 1t bends
or fiexes. and that point on the
floor Is how big your steps should
be. NOTHING Is more impor-
tant than q girls walk, they
stressed, and stressed and
stressed. 30 wake up and walk
right.
! According to the National
Evening star., 1954-10-17
Strong Stock Recovery Seen
After One of SIS Biggest Dips

Brokers today. of course. are
seeking to guess whether the cur
rent weeks slide also might be
the start of another correction
similar to the previous setback.
One of the most bullish factors
present right now, they find. is
the strength in the railroad divi-
sion. The rails have not kept
pace with the industrial section
of the market in its overall rise.
This week the railroad COM
ponent of the Associated Press
average rose from $99.60 to
| $1OO.10 while the 60-stock aver
age was falling from $137.30 to
| $134.60.
The week opened with selling
that reached sizable proportions
and extended to most sections
of the list. Tuesday the market
was quietly lower on small vol
ume.
Railroads were strong on
Wednesday and pulled the mar
ket ahead a little on average.
The market on Thursday tum-
bled. The selling was general
and the volume of trading large.
Fridays market found the
railroads in a leading position
with the best gains. On average
the market was down, but only
by a small margin.
The five most active issues
this week on the New York
Stock Exchange were:
Royal Dutch Petroleum up 3A
at 67R; Tide Water Associated
Oil up 1s at 27; Glenn Martin
up l at 303s; General Electric
off 13s at 41Hs. and Texas In
struments I'D ga at 13.
Evening star., 1954-10-17
By Roder Winget
Assseiatsd Press Fineneiol Writer

NEW YORK, Oct. 10 (R.-The
stock market this week was
buffeted by one Of the heaviest
falls of the year.
When selling spent itself the
market steadied and held firmly
at the lowest point Of the week.
At the same time, there were
indications that a recovery move
ment had strong backing, espe-
cially In the key railroad section.
The Associated Press average
Of go stocks declined $2.70 and
closed the week at $134.60. The
retreat was equal to that suf-
fered seven weeks ago-the heav-
lest decline of the year.
Evening star., 1954-10-17

tUnit Of trading 10 shares or sales In full I'm
bankruptcy or reeeiyership or being. reorganized
By such companies. Rates of dividends in the fore
going table are annual disbursements based on the
last quarterly or setniannual declaration. Unless
othsrwiss noted. special Or extra dividends are not
plus stock dividend d Declared br paid In 1858
plus stock dividend. e Declared or paid so far this
year, PAYABLE In stock, estimated cash value on
sx-diyidend exdistributicn date Paid last year.
Declared or paid this year an accumulatiye issue
with dividends In arrears. Paid this year. dtvi-
dividend meetns: Dsclsr:d o. PAID IN IeS4 e Plus @
Ex dividend. KIDS Ex distribution IT Ex rights.
NV without warrants. WV with warrants. wd When
distributed vi When issued.
Evening star., 1954-10-17

GAL on the November /, l949 call.
Net loans and discounts Of
$84. 4.338.442 were So per cent
above $79.725,399 a year earlier
and 1853 per cent above SAT-
727,759 five years ago.
Cash and due from banks
amounted to $44,467,7l8. an in
crease of 0.3 per cent from $44,-
1924 year earlier and So per
cent higher in five years. Hold
ings of Federal obligations to-
tailed $78,145,225 gain of 6.1
per cent from $73,590,755 a year
ago and up 17.3 per cent in five
years.
Capital accounts reached $14,-
654, 900, a gain of Sc per cent
from $13.728,817 a year earlier
and up 24.3 per cent in five years.
AS previously reported, depo-
sits of $209, ,303,122 were 8.4 per
cent ahead of $193, OIL 1903 a year
ago and 43.5 per cent above Of
$145, ,843.835 on the like 1949 date.
Evening star., 1954-10-17

years. Holdings of Federal OBJ
legations totaled $8,931,991, .
gain of IA per cent in the year
and up 63.8 per cent from five
years ago.
Ccsh End due from banks to-
tailed $4,981, ,657, gain Of Sis
per cent in the year and an
increase of 1893 per cent in
five years. Capital funds OF
$1,130,293 were up 1T per cent
in the year and $50 per cent
higher in five years.
AS previously reported, de-
posits of $20,840,767 rose 1871
per cent in the year and were
,81.6 per cent above five years
ap0.
Evening star., 1954-10-17
wEEKLY SUMMARY OF THE NEW YORK STOCK EXCHANGE

WEEK ENDING SATURDAY. OCTOBER 16. 1854
Quotations furnished BY the Associated Press
Evening star., 1954-10-17
Speaker for Insurance Men

w. Rankin Furey, president OF
the Berkshire Life Insurance Co..
will be the principal speaker
at luncheon meeting Of the
District Life Underwriters Asso-
citation at the Willard Hotel
Tuesday.
His subject: "The Missing In
gredient.
Mr.. Furey has been associated
with his company since 1922 and
is active in many life insurance
associations and councils. He 10
a Certified Life Underwater.
Evening star., 1954-10-17

year ago and
81.4 per cent
above 5 l g.
202,037 five
years ago, re-
ported Presi-
dent A. Scott
Ofutt.
Loans and
discounts of
| $7,611,687 on
Oc o b er 7
were up At
per cent in
the year and
88 p er cent
hs-Lau - Ryro
Evening star., 1954-10-17

ere S e OF
42.8 per cent
in hve years. o
report from
p r e S d e n t
Daniel w. Bell
disclosed last
night.
The t o t al
for the latest
condition call
date compared
W ith $214.-
551.762 on the
September 80
call last year
and H15Q ans .
Evening star., 1954-10-17
Anucostiu Coins Sharply

Assets of Anacostia National
Bank reached a record $22,-
1854 on october z, a gain Of
lib per cent from S19.853.827 a
Evening star., 1954-10-17
Rate Cuts Announced

Rate cuts for private passenger
automobiles of AZ per cent on
liability and averaging 1876 per
cent on collision insurance were
announced yesterday for District
policyholders by the State Farm
Mutual Automobile Insurance Co.
of Bloomington, III.
The new rates will become ef-
fective tomorrow. Collision rates
for commercial vehicles also are
reduced by as much as 24.2 per
cent to 399 per cent. according
to type of coverage, the an
nouncement said.
Comprehensive rates for priv
ate passenger cars are increased
14.8 per cent, but are much more
than offset by reductions in other
rates for most policyholders. the
company said, Washington offices
at 927 Fifteenth street NV. are
managed by Duane M. Paul.
Evening star., 1954-10-17
As. &T. Assets Rise
.5.3 Pei. in Year and
42.S Pei. in 5 Years
By Donold B. HodIey

Assets of American Security
& Trust Co. totaled $226,034.-
292 on October z. a gain Of 5.3
per cent in the last year and an
Evening star., 1954-10-17
Addresses Laundry Institute

F. N. Cannon, general mana
ger of the Elite Laundry here, adj
dressed the 9th annual con-
vention of the American Institute
of Laundering at Atlanta, Ga.
yesterday.
He spoke on management prob
lens of the large laundry. He is
a past president of the Laundry
Dry Cleaning Association of the
District, and also of the Mary
land, Virginia and District Laun-
dry Accociat ti0n
Evening star., 1954-10-17
New Distributors Named

Hynes Bros, Inc. has been ap-
pointed distributors for Hoffman
Radio Corp. in the Washington
area, it was announced by w.
L. Stic.zel. general sales manager
for Hoffman Radio.
The new distributors will hold
an open house and display Of
1866 models for dealers Tuesday
and Wednesday at showroon1s.
Fourth and Bryant streets NV.
Hours will be from 8 am. to
9 pm. each day.
John Logon Reelected
John A. Logan of Washington
was reelected president Of the
National Association of Food
Chains at the close Of the an
nual convention in New York
City.
Meyers Gelfand Of the q. B.
Macke Corp. was named 1858
convention chairman Of the Ma
tional Automatic Merchandising
association. Aaron Goldman.
president Of the same firm. was
named chairman Of the mem.
bership committee.
Milford chronicle., 1954-12-10
Mail Order And Parking

AiAAAAA OANNA 4AAAW n "a AAAAAA
In addition to the $50 or more
stores and the cash to which 1
have above referred, Montgomery
Ward has one Of the two best cash
mail-order business in the world,
amounting to about $3.50, ,OOO,O 900 an
ually. When you see automobiles
with stickers: "No Parking-NO
Shopping" or Less Shopping
Less Local Jobs" it does not necesz
sarily mean that the shoppers cur
tail their buying. In most cases
they resort to mail orders again.
Mail-Order buying -hoWever-huFts
your local merchants.
Mail will continue on the increase
due to the cussed inconvenience to
shoppers Of finding a parking place
and the brutal manner in which
city authorities are treating shop
pers who are dependent upon cars.
1t is reasonable to make "all-day''
or half day" parkers go to a public
garage or parking lot and pay
a fee. But the present system Of
using parking meters is driving
shoppers away or causing them to
go home with fewer purchases
Any merchants whose Christmas
business falls below last years can
blame it on their city government
Failure on the part Of city authOri-
ties to provide sufficient free park
ing space is the chief cause oi
business failures today.
Milford chronicle., 1954-12-10
BaBSON DISCUSSES MONTGOMERY WARD

New York City, December 8, 1854
Without doubt Mr.. S. L. Avery
is cranky at times, as is every
reader of this column when reach
ing 80 years of age. He, however, is
doing a wonderful job with Mont
gomery Ward I cannot imagine
how any sensible stockholder can
give his proxy to anyone else.
Combining Store And Bank
The company has close to 500
stores and is one of the great
merchandiseTs of America. In these
days / prefer merchandise stocks
to any others. They are not de-
pendent-like a manufacturer-On
only few products or habits. They
are fairly free from labor troubles
and losses from changing styles.
They also give investors an i'm
pOrtant diversificatiOn of locations
with stores in every state. Further
mOre-in case of World War III
Montgomery Ward offers protection
against bombing
In addition to this, the company
is a bank crammed full of cash,
bonds, and notes and accounts re-
ceivable of nearly half a billion
dollars. In fact, I know of no
company in the world like it. Under
Avery's management it should be
safer than any bank. All other
"banks" report. as deposits, only
their money and close the bank al
any time. Their deposits really are
debts which the bank owes! Not SO
with Montgomery Ward. AS a
Milford chronicle., 1954-12-10
I'm THE AIR FORCE"
BY Elalno Townsond DlekoTson

Their return "trip meant checking
the plane outside and in as well as
briefing before take of, checking
their instruments ct cetera. From
Monday until Wednesday when they
returned Hayes had total of three
hours sleep. It's true you traverse
faster In jet aircraft, but you work
ten times more on the missions.
Coming back from California Hayes
relieved Major BeardOn as Navi-
gator (ObserVer). Over Denver they
did some photography and Hayes
continued to operate the radar and
cameras and kept them on course.
His eyes were burning from lack Of
sleep and constant watching his
scope, so he sat back just a few
seconds and removed his glasses to
wipe his eyes and relax, looked back
into his scope and everything fami-
liar to him on the radar set had
vanished. Since navigation depended
on knowing what was on the radar
scope he had a few anxious minutes
until he was Oriented again and
gave a correction to Topeka.
Descending 5000 feet a minute
makes it a little hard to work, but
their is still work to be done until
you're on the ground in a AZ and
even then your work isn't COM
pleted.
It must be a fantastic plane.
Hayes tells me it's just unbelieve-
able the work science has done with
instruments in the B-47, jet bomber.
When you read this article in
the Chronicle well have just five
more days before we leave for Mil
ford, Delaware, for Christmas. We
haven't been home for Christmas in
three years and this family is al
most hysterical over the idea of be-
ing home with all of you for a
/ Christmas leave.
Can hardly wait to see you.
Always,
r. T. ID.
p S. The December 9Th issue OF
Life magazine gives ten pages on
the description and functions Of the
BAY.
Milford chronicle., 1954-12-10
PRIVATE ENTERPRISE OR
SOCIALISM-WHICH?

1t is unfortunate that the real issue in the
controversy over the Dixon Yates contract,
which provides that private enterprise is to
supply huge block of power for the Atomic
Energy Commission, has been Obscured by
confusing political and legalistic arguments.
Thurman Sensing, of the Southern States
Industrial Council recently wrote an excel
lent discussion of the matter. He said,
'There is certainly no mystery about the
origin of the Dixon ateS agreement. Acc
needed more power. 1t would be necessary
to build new power plant, since the IVA
had no power to spare. If IVA built the
new plant, Congress would have to apprO-
pirate the money and the budget would have
to be increased. If private enterprise built
the plant, Congress would not have to apprO-
pirate any money and the budget would not
have to be increased. In the first instance,
the taxpayers would carry the load in the
second case, private investors would carry
the load"
Then Mr.. Sensing made this observation
"It is all right for the Congress to investi-
gate the terms of the contract Whether it
remains in effect or not, however, will be a
decision between private enterprise and so
cialism"
In short, the principle at stake is part of
the endless battle between the friends of
freedom on the one hand-and the friends
of dictatOrial, monOpOlistic government on
the other
Milford chronicle., 1954-12-10

stOckhoIder in this company you
are the depOsitOr and own the cash.
Preparing For A Crash
Today the DOw-Jones Industrial
Average is higher than at it's peak
in 1929. Yet, the dividends on these
stOcks-minus the Federal taxes
which the average investor must
pay-are less than in 1929. I'm not
now fOrecasting any immediate
crash; in fact, most of my friends
here in New York are bullish-as
they were in December, 1928! But 1
surely do advise readers of this
column to keep a good nest-egg of
cash just in case the unexpected
should happen. Don't be like the
Five Foolish Virgins of Bible DAYS.
See. Matt. 25:1-13.
OBSERVATION-DISCLOSURES nv
warnings by saying: "But I need
the income. My bank will pav me
only from 10 to 3%-I need more
than this to live on" Then what is
my answer? Buy MONTGOMERY
Ward. So long as S. L. Avery is in
control you get good dividend on
your money and yet have it prac-
tically in cash, or inventory. or
valuable land. Furthermore, If in
fiation comes and the value of the
dollar declines, the value of the
inventory and land should increase.
So, whatever happens-boom, bust.
or a continuance of present busi-
ness-I believe Montgomery Ward
is your best investment and pro-
lection"
Milford chronicle., 1954-12-10
YOuth Is Being SerYed

Americans are travelling younger
these days. Time was land not so
long agoI when, if POppa was sent
to a strange land, MOmma felt she
had to stay home with the children,
especially if they included a babe
in-arms. 1t was a generally accepted
idea that the spriggins should reach
the omnivOrOus state, before it was
safe to risk their insides to foreign
foods and foreign ideas of hygiene.
But nowadays, whether it's
Arabia or Venzuela, the Fiji Islands,
New Caledonia or Kuwait, Baby goes
too .. and nobody worries about
his groceries, for the simple reason
that they'll be the same as he gets
at home!
At last report, Americas best
known brand of infant and junior
foods was available and popular in
81 foreign countries. And while this
is of tremendous Importance to the
health of young Americans and the
mental outlook of their parents, we
would also consider this, a signif-
cant contribution in the overall
American effort to stabilize the
world by improving its nOurishment
Certainly this adventure should
| center its attention on the little
people the new generation
to whom we must look for new
strength in the Old World.
We can't think of anyone who is
competing with the atom bomb any
more effectively than those baby
food specialists, in making their
name a household word in half a
hundred languages around the
world.
Quiet On The Potomac"
Senator Joseph r. Mccarthy, still
chairman (until New Years. OF
the Senate Investigations sub
committee, will be back in business
at the same old stand-probably
before you read these words. staff
Director James M. Juliana an
nounced the group would resume
its long interrupted activities with
the questioning of witnesses from
eastern factories in the exposure OF
Communists in defense plants.
AS is now history, Senator Joe's
peers decided not to "censure" their
colleague after all these months OF
hullabalOo; but to condemn" first
his failure to accept an invitation
to appear before a committee in
vestigating his financial affairs in
1851; second, his unfattering re-
marks about the Watkins committee
and various members. notably that
it had served as "the unwilling
handmaiden of the Communist
Party"
The second count of the Watkins
recommendation, that the free
wheeling Senator should be cen
suTed for abusing General ZwickeT
when that officer was on the stanC
covering up the promotion and
honorable discharge of Dentist Pc
/ ress, appeared doomed to failure
and possibly the whole censure ef-