davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-05
YOUR
WORTH
Coming News Will Prop Economy
~ SYLVIA PORTER

II the news that the ad-
ministration and Congress will
start breaking to the American
public this week had hit our
economy in the boom ON
boom and initiation drenched
atmosphere of January a year
ago. this chain OF events almost
certainly would have followed:
Many basic commodity prices
would have surged upward and
their would have been at least
a temporary wave OF boarding
of key materials based on a
scare OF renewed shortsees.
The stock market would have
gone into some frantic Ryra-
tons and spectators would
have given stocks OF corpora
tons directly affected by in
creased defense spending a real
whirl.
The cutlery about the danger
OF imminent and runaway in
flation would have become
deafening.
Millions Of Americans--quite
possibly a majority-would
have agreed that cuts In nom
military spending were impera-
tive In order to get the budget
under control and keep the lid
on the economy.
A call would have some from
highest sources In Congress and
maybe from the administration.
too. for n reimposition Of direct
economic curbs, OF restraints
on prices. wages. rents, etc.
Economy Is Different
But the economy OF January,
1858. is far different from the
economy Of January. 1887. To-
day. we're retreating from a
business peak. not building a
bubble on a boom. Today.
we're worrying about a tempo
rary dose OF denation. not fuss
ing about imminent imitation.
And thus. Just as the at
mosphere OF our economy is diff
ferent. so the reaction TO the
news on schedule will be diff
ferent.
Here are some Of the major
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-05
Economists See
Prosperous
Recession
BY STERLING F. GREEN


This year may bring the most
prosperous recession in history
That's the view OF many gov
eminent economists. Wall
street and private economists
are net so optimistic.
There will be less production
and fewer Jobs this spring than
last. Government economists
predict. Yet over the full IL
months 1858 should Just about
match the high prosperity Of
1857.
Business profits are in for
more squeeze. but the average
worker-unless he is among the
four to five million OF expected
NEUTRALITY-SUSPICIOUS. wind I'D
better of.
Incomes to Rise
His wage rates and total in
come are expected to rise mod
erately and - If the Official
guesswork is correct. he won't
be robbed Of the gains by ris-
ing prices as he was in 1875
imitation.
So his real buying power
thould rise again in the face of
one Of the best publicized busi-
ness says on record.
The appraisal presented here
represents the views OF leading
administration officials who
deal with industry and finance.
combined with the opinions OF
Federal economists. The latter
speak privately because the
Government does not encourage
public readings Of the crystal
ball.
Aim ost without exception.
the Government men are more
optimistic than Wall Street.
Continued on Page F-2
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-05
Washington to Start Rebuilding Era
In Busy and Prosperous New Year

the District line to downtown
Washington. an important link
In a badly needed system OF
high-speed highways.
Area consumers cIrtailed
spending at times in 1857 due
TO a number Of causes. including
disappointment over failure TO
get a general Government pay
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-05

tract from property values and
curtail activities, These are,
/. The planning commission S
delay in acting on the contro-
versial Lewis rezoning proposal.
2. Delays in issuing a new
District building code.
3. A contest over alternative
routes for Highway $40 from
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-05

economic stories which will be
coming out Of Washington in
the weeks directly ahead:
The President will. as every
one expects, ask for a multi
billion dollar increase in de-
Tense spending-the reports
persist that it'll be in the 50
to SO billion a year range. But
the instant he reveals his de-
Tense budget. Congress will
pounce on it. and this time, the
inclination will be TO boost. not
cut it. Every authority I've
queried is sure the defense
budget will end up larger than
the Presidents estimates.
The Defense Department will
accelerate placement of con-
tracts with a wide variety OF
corporations. and the contracts
will make big headlines. The
Pentagon began accelerating
the contracts the day before
Christmas and it'll so faster
from now on. Cutbacks will be
giving way to step-ups between
now and June 30. as two-thirds
OF the $l4 billion OF defense
contracts set for the current
fiscal year are awarded.
The administration will ask
for a hike In the public debt
ceiling above the present $275
billion limit---a signal the debt
will be on the rise after mid
1858. And Congress- reaction
will go all-out to obtain con-
gressional approval Of more
spending for foreign military
and economic aid. A pattern
for global economic aid has
been shaped up which involves
supplying Of funds both to in
dustrially advanced and the
underdeveloped lands Of the
W orld. The administration
wants an increase OF So billion
in lending authority for the
Export-lmport Bank alone.
More funds will be asked for
Federal aid TO scientific educa-
ton. And with scientific educa-
ton now In the sphere Of ma
tional security. Congress won't
e0ntinariEs en- Rage R-2l
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-05

Washington business leaders
are convinced that population
growth and increased buying
power will make 1858 another
excellent year for this area, at
least equal and possibly better
than 1857.
A Federal pay increase is in
the cards. they believe. Rapid
progress on urban redevelop-
ment. large public works in
GLIDING new bridges. new in
dustries and suburban develop
ments are expected TO contrib
ute TO a prosperous year.
Rising operating expenses
and a squeeze on profits were
mentioned by a number OF ex-
ecutives along with a continual
ton OF stiff competition. Oper-
ating efficiency will be a major
necessity in the coming year,
they emphasized.
Pointing TO predictions Of a
recession in national business
activity for part of 1858. How
ard c, Drake. president of the
Washington Board of Trade.
said experience has shown that
Federal employment and most
other jobs in the Washington
area are relatively more stable
than in almost any other COM
nfunity.
Population 20 Rise
Mr.. Drake predicted area
population will gain about 50.-
900 during the coming year.
that visitors will increase their
spending here further. and that
addition Of new industries and
payrolls will be stepped up
throughout the area.
There is a general agree
ment that in 1858 there will be
a Federal pay-raise." he de-
clared. This means there will
be a substantial amount of ad-
ditional money to spend in local
trade"
"A number of projects PROM
Use to increase construction
activity" he reported. The big
Levitt development in Prince
Georges County. the start on
Southwest Redevelopment. be-
ginning Of work OH a new air.
port, two new Potomac River
bridges and the Federal and
building programs
all mean additional construc-
ton activities.
For the above reasons, I
think conditions in Washing
ton generally will be about the
same level as they were last
year and might even show some
Improvement as We move on
toward 1889"
Trade Up 6 Per Cent
Francis j. Kane. president OF
the Merchants and Manufac-
turcrs Association, said final
1887 figures on area business
volume are expected to set a
new record with a gain of 6
per cent from 1856.
There is every reason to
expect that 1898 will continue
TO be another excellent year
for local businessmen due to
the steady increase in popula-
ton and the security of EN-
ployment," he said.
I'm October, 1913 per cent OF
the entire labor force OF the
District Of Columbia was gain
fully employed and even some
Of the remaining IL per cent
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-05
Economists Cautious

For 1858. economists are eau
tiously predicting better things.
II the thief isn't dead. he APP
pears at least to be in hiding.
What did initiation mean in
1857?
Preliminary Government fig-
ures indicate the Nation spent
more than SAT billion for new
construction work during the
year, compared with SAG billion
in 1856. Every penny OF that
increase represents imitation.
The Government said the actual
physical volume Of work done
dropped of by about / per cent,
but rising prices added 81 bill
lion TO the bill.
OF more recent concern: The
final figures aren't yet In, but
the United States Chamber Of
Commerce estimated that
Americans spent $40 billion
during the big December buy
ing spree. That is $500 million
more than the record high Of
December. 1856 for the same
amount Of goods. The cham
Der said the physical volume
OF sales was about the same
for the two months, with rising
prices accounting for the dol
lar increase.
Actual Output Unchanged
Economists like TO speak OF
the Gross National Product,
the value Of all goods produced
and services rendered In the
Continued on Page ga
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-05
PayroIls Near 50 Billion

Government and private pay
rolls for 1857 came close TO So
billion. with the Federal Gov
eminent accounting for around
si3 billion Of this.
The steel and bricks OF a new
era in the National Capitals
history viii begin TO materialize
with the stsrt OF construction
on Area 3 end the Town Center
OF the Southwest Recevelop-
ment Program in 1858. At the
years start, businessmen and
civic leaders also were absorbed
with plans for the first North
west Redevelopment Program.
The city already has had a
taste OF what redevolpment Of
a purely private nature can
accomplish in Foggy Bot
tom, GEORGETOWN and on Cap
itol Hill. The steady exodus OF
many families to the suburbs
has raised serious civic ques-
tons related not only TO bligh-
ted neighborhoods but to as
sesSed property values. tax
rates and the costs OF municipal
Government. Redevelopment is
an obvious answer.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-05
IS MOST ACTIVE STOCKS

NEW YORK, Jan. LPl-Of the total volume ~
55s946890 shares traded during on the New York
Stock Exchange the IS active securities accounted
Tor 9507 900 shares II the aggregate sales
Individual volume HIGH low and closing prices with the
net change for the of the leaders are shown in the
following table:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-05
Area Business Affected

The Importance OF these de-
velopments on area business.
along with new bridges. new
limited access highways and
public works in the Maryland
and Virginia suburbs cannot be
fully estimated.
They will not only create adj
ditional employment. require
supplies of all kinds. but will
create new capital investments.
quicken investor interest and
bring a much needed recovery
in District property values.
However, business and finan-
cial leaders still face three
major uncertainties which de-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-05
SPOTLIGHT 1888
BY FRANCIS p. DOUGLAS

BY FRANCIS P. DOUGLAS
Business alered in 1857 but picture for the whole
year was brighter than the sentiment rejecting the
developing in the final year 1855 should
see an upturn in the second half should carry some
indexes above 1857 levels. but by great smounts
Herewith is presented summary of 1857 forecast OF
1858 for business in the District area:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-05
Big Area ADDS
New Population
And Business
BY DONALD b. HADLEY
Financial Editor OF The star

After six years of indie
ciSion and planning, it
seems certain that the
building of a new WASH
ington will get under way
in a busy and generally
prosperous 1858.
While growth OF the Capt.
tai and its lusty suburbs Of
nearby Maryland and vir-
ginia slowed somewhat In
1857. there were indications
st the start OF the new year
that the pace would quicken
In coming months.
Area population passed the
? million mark in the last half
of 1857 and was heading into
its third n,illion as the new
year started.
Retail trade estimates an
preached S24 billion and for
the first time in history
slightly more than half Of the
total was in the suburbs OUT
side of the District Of Co.
lumbia.
Milford chronicle., 1958-06-20
Wedding
RYAN GREEN

The wedding of Miss Connie Ry-
an, daughter of Mrs. William c..
Ryan and the late Mr.. Ryan of
Millsboro, to Mr.. Edward ]. Green,
SON of Mr.. and Mrs. Edward B..
Green, of Georgetown, took place
at IL a. m, Saturday, June z, in
Grace Methodist Church, Mills
boro, the Rev. Donald o. Hornung,
pastor of the church, officiating.
The bride, who was given in mar
riage by her uncle, Mr.. Edwin c..
Ryan, wore white lace ballerina
length dress. Her shoulder-length
veil fell from a lace cap and she
carried a cascade of white roses
with detachable orchid corsage.
Mrs. Reginald Brittingham was
matron of honor for her sister and
Kitchens of Millsboro and Miss
Mary Ann Payne of Wilmington.
The .matron of honor wore pink
lowered nylon chiffon with wide
pink satin cummerbund. The
bridesmaids wore blue fowered NY
Ion chiffon with wide blue cum
merbunds. The attendants carried
Colonial bouquets of pompoms and
roses with long velvet streamers.
They wore head bands of ivy and
rosebudS.
The brides mother wore beige
nylon chiffon with pink accessories
and cymbidium corsage. The bride
groom's mother wore blue lace
with blue accessories, and Gym
bidium corsage.i
Mr.. Ben Payne was best man for
his cousin. Ushers were Mr.
Charles Pepper of Georgetown,
and Mr. Ralph S. Baker, Jr., also
of Georgetown.
The wedding music was played
by Mrs. Edward Cordrey of Mills
boro. Mr.. Floyd Mcgee of George
town, sang.
The bride is a graduate of Mills
boro High School, class of 1858.
During her senior year she was a
member of the year book staff ara
was Aunt Harriet" in the senior
class play. She also won the 1857
Goldey Beacon Spelling Award.
Mrs. Green is associated with the
University of Delaware stenogra-
phic center.
The bridegroom is a graduate of
the Georgetown High School class
of 1857, and is sophomore at the
University of Delaware. He is an
Eagle Scout, a member of the De-
molay and the American Society
of Mechanical Engineers.
After a reception at the church
the couple left for a wedding trip
south. Upon their return, they will
reside at Newark.
Milford chronicle., 1958-06-20
Items Of q Purely
Personal Nature


Mr.. and Mrs. Willis e. Flick of
Troy, Pa, are spending some time
with Mr.. and Mrs. H. Fleming Hart
Mr.. and Mrs. Vernon Guerrazzi
and children left last week for
Wichita, Kansas, for a visit with
Mr.. and Mrs Edwin McCrillis.
Mrs. Sara L. Gillis is seriously
i'll at the home of her daughter,
Mrs. Edwin P. Messick and Mr..
Messick
Mrs. Edward Favinger has re-
turned to her home on Kings High
way after being patient in the
Milford Memorial Hospital
Mrs. Della HI. Deakyne has re-
turned home from visit with Mr..
and Mrs. Rodger Harrison at their
home in Englewood, N. j.
DR.. and Mrs. Oliver A. James
and sons left Monday for a trip
through the New England states
and Canada They will be away
two weeks.
Mr.. and Mrs. Frank NAPLES, Mr..
and Mrs. Leslie March, Mr.. and
Mrs. Frank r. Grier and Robert
Mercer will leave on Sunday for
Hot Springs, Virginia, to attend a
dental convention being held there.
Mr.. and Mrs. Herman d. Walker
were dinner guests on Sunday of
Mrs. Maude Wilkerson in Days
boro. They called on friends in the
afternoon, namely: Mr.. and Mrs.
Linwood Evans of Bethany Beach,
Mr. and Mrs. Allie Stevenson, Mr..
and Mrs. Zeno Long of Roxana.
Mr.. and Mrs. Robert F. Massa-
feri, who formerly resided on RID
4, Milford, have arrived in Europe
via Trans World Airlinets' JET
STREAM airliner after a trans
Atlantic flight from New York. Mr.,
and Mrs. Massaferi, in company
with their son, Robert A, were
enroute to Germany, France, Italy
England, Austria, Holland, Switz-
erland, Belgium and Luxembourg
for a period of approximately two
and one half months Mr.. Massaferi
was a school teacher in Milford
and will be making Frankfurt, Ger
many their first stop in Europe.
Milford chronicle., 1958-06-20
Abbott Family
Holds Reunion

The 18th annual family reunion
of the late John Wesley and Louisa
Johnson Abbott will gather at the
lovely Buttonwood farm of cou-
sin. Mr.. and Mrs. Vaughn CHM,
Middletown, Del, miles south of
st. Georges Bridge. on. Sunday,
June 29. There is one direct des-
cendent, John Wesley Abbott, Jr.,
of Wyoming, Del, who has passed
his S4tn birthday and in splendid
health.
Basket lunch at noon and after
wards games for all groups. We
do thank Mr.. and Mrs. CHM again
for their cordial extended invita-
ton on their beautiful lawn.
All officers were reelected with
the addition of an Assistant Secre-
tary. They are: Mr.. Percy Haugh=
ey of Milford, President; Mr..
George Bennett. of Wilmington.
Vice President; Mrs. Harry s.
Marker of Wilmington, Secretary;
Mrs. Albert Lank of Milford, As
sistant Secretary; Mrs. Ralph Car
ey of Dover, Treasurer; and Mrs.
Harry Paris of Wilmington, Gen.
eral Chairman.
Milford chronicle., 1958-06-20
Steve Welch Attends
Kappa Alpha School


Steve Welch, son of C. NJ Welch,
Jr., of the Kappa Alpha Order Nat
ional Training School for Chapter
Officers held at the Columbia Ho-
tel in Columbia, South Carolina
on June 18th, 18th and 14th. Mr..
Welch is a student at University
of Delaware, Newark, where he
holds the chapter office of Trea-
surer.
The Kappa Olpha Order has 80
active chapters in colleges and
universities throughout the United
States. There were 36 active chap
ters from nine southeastern states
represented at the Eastern Nation
al Training School. Each of the SO
chapters were represented by two
or more chapter officers.
The first National Training
School for. Chapter Officers was
held in 1916 at Louisville, KY.
Through the years, it has become
evident that the school has been
beneficial to those chapter officers
who have had opportunities to at
tend the sessions. It has given
them suggestive ideas which pro-
mote better working knowledge
for local chapter operations, as
well as the operation of the nat
ional organization. 1t has provided
an exceptionally fine means for an
exchange of ideas among the un-
dergraduates from all parts of the
country. The 18th Officers School
was planned to offer these oYt-
standing advantages and more to
those in attendance.
Milford chronicle., 1958-06-20

q
Mrs. Anna Kenney of Phoenix,
Arizona, is the guest of Mr.. and
Mrs. Horace Van Buren,.
Miss Betty Grier has been in
Wilmington as the guest of Miss
Christine Smith this week.
Bruce Sharp has gone to Camp
Rodney where he will spend the
next ten weeks.
Mr.. and Mrs. Max r. Corder and
children have moved to their cot
tage at Slaughter Beach for the
summer.
Kathy and Diane Sezna of Will
mington are spending two weeks
with their grandmother, Mrs. Da-
Wis R. Grier
Mr.. and Mrs. Fritz Widerstrom
and children of Chicago, Illinois,
were weekend guests of Miss Bri-
ia Widerstrom and Mr.. and Mrs.
Robert Mercer.
DR.. and Mrs. James Renuart and
children of Durham, N. c., were
weekend guests of Mr. and Mrs.
w. Dean Kimmel. Sandy and jim
my Renuart remained over for a
longer visit.
Mr.. and Mrs. Robert Miller and
son of Newark, were in town the
first of this week renewing old
acquaintances. Mr.. Miller is much
improved after his serious illness
in the past months He is a mem
ber of Brookside School faculty
Mr.. and Mrs. Earl K. Williams
have received word that their SON.
in-law, DR.. Lewis E. Jones, who is
on the Staff of Keoughotan Hospi-
tai in Hampton, Va, recently
passed his examination from The
American Board of Internal Medi-
cine. This certifies him Diplomatic
of the Board.
Staff Sergeant and Mrs. A, Rhees
Bradford and daughter Catherine
Heidi of Panama City, Florida, ar
rived Wednesday 10 spend two
weeks with Mrs. Betty Bradford.
Staff Sergeant Melva Jane Brad
ford of OTIS ,AFB, Mass, will arrive
home Friday 10 spend few days
with her family,
Milford chronicle., 1958-06-20
Hospital Hostesses

Hospital Shop and Hospital Cart
Hostesses for Milford Memorial
Hospital for the week Friday, June
20, through Thursday, June 20:
Hospital Shop Hostesses - FRI
day, June 20: afternoon, Mrs. For
rest Banning, Mrs. Marie Roskeri
evening, Mrs. James Hammond;
Saturday, June 81: afternoon, Mrs.
Walter Dill evening, Mrs. Robert
Wormington; Sunday, June %:
afternoon, Mrs. Sam Weinburg,
Mrs. Samuel Markowitz. evening
Mrs. Harry Zeisig; Monday, june
%: afternoon, Mrs. Joseph Orkin
evening, Mrs. Emory Postles; Tues
day, June "a: afternoon, Mrs. Nell
son Wright, Mrs. Grove. Mrs. John
Lodge, evening, Mrs. John Hallett
Mrs. Harry Greenly; Wednesday
June 25: afternoon. Mrs. Broddus
Jones, Mrs William Draper, eve-
ming, Mrs. Carl Strahle: Thurs
day, June 26: after noon, Mrs. Wal
lace Jefferson, Mrs. Wright Ward
evening, Miss Sarah Messick.
Hospital Cart Hostesses - Fri
day, June 20: Mrs. Joseph Calls;
Saturday, June 81: Girl Scout
Troop No. SO; Monday. June %:
Mrs. John NJ. Scherch, Mrs. w. w
McGinnis: Tuesday. June "a: Mrs
William Eliason. Mrs. ]. II. Schah-
niger: Wednesday, June 25: Mrs
Ed Steiner. Mrs. Dorothy Rath.
! NELL: Thursday, June &c: Mrs
David Friedman, Mrs. Dan Freid'
man.
Milford chronicle., 1958-06-20
Hospital Births

The following babies were born
In Milford Memorial Hospital:
June 6: Girl, Mr.. and Mrs. Wal
ter Vanaman, Georgetown; Boy,
Mr.. and Mrs. Thomas Williams
colored, Bridgeville; Girl, MIR. and
Mrs. Kermit Mosley, colored, Fell
ton.
June 4: Boy, Mr.. and Mrs
Charles Stevens, colored, Freder-
lea.
June 8: Girl, Mr.. and Mrs. Lin
ford Norwood, colored, Millsboro
June 8: Boy, Mr.. and Mrs
Charles Donophan, Frederick
Girl, Mr.. and Mrs. Samuel Lewis
colored, Georgetown; Boy, MIR
and Roy Lloyd, Greenwood.
June 10: Boy, Mr.. and Mrs. Rob
ert Draper, FELTON,; Girl, Mr.. and
Mrs. Melvin Hudson, colored, Mills
boro; Girl, Mr.. and Mrs. Joe Mer'
ritt, Milford.
June 12: Boy, Mr.. and Mrs. John
Locates, GEORGETOWN.
Milford chronicle., 1958-06-20
Wool Pool Tomorrow
At Harrington

The advantages of grading and
pooling wool together will again
be demonstrated this Saturday by
Delaware sheep growers announces
Earl Rambo of Houston, chairman
of arrangements.
Farmers will be paid at the rate
of 45c per lb. for medium grade,
Ale per lb. for fine, 33c per lb. for
rejects and 12c per lb. for tags.
Should the fieeces not be tied (tied
for easier handling) there will be
a discount of &c per lb. A nominal
handling fee based on the actual
expenses of pooling will be charg-
ed. 1t was OH cents per Id. in 1857
and should again be less than &c
per lb. if the usual 10000 lbs. are
sold through the pool.
Nichols and Company of Boston
was the successful bidder at the
pool committee meeting last Fri
day.
Mr.. Fred Monaghan of Philadel-
phia will again be the grader for
the fifth straight year. The wool
will be brought together at the
Kent-Sussex fairgrounds in Har-
rington from the hours of 700 a.
m. to 800 p. m. Any sheep pro-
ducer may sell through the pool
which ii is operated by the Della
ware Sheep and Wool Association
a growers organization.
The above prices range IL to 15C
above the current local market for
ungraded wool. This has been the
pattern. each year. and it demon
strates the value of farmers per-
forming additional marketing steps
such as .assemblying and grading
IL has been felt that some grow
ers might be tempted not to poo
but would hold their wool individ-
ually for a rise in the market
Prior to the opening of bids. the
group considered the possibility OF
storing the wool for rise in the
market, but the bids were high
enough not to warrant the future
uncertain market conditions.
Sixty or more farmers general,
pool from 1900 to $4,000 lbs. o.
wool each year at Harrington. The
event takes on the aspects of al
outing, and is we'll worth seeing
Visitors. as well as poolers, will
be welcome at the fairgrounds mex
Saturday, concludes Mr.. Rambo.