davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09
Probe Is Urged
In News Leak
BY the Associated Press


Representative Patman, Dem
ocrat of Texas, said yesterday
word of a reduction in the Fed
eral Reserves discount rate
was leaked in advance. AS a
result, he said. some securities
dealers must have really
cleaned up a profit"
Mr.. Patman demanded an in
quiry by the House Banking
Committee. A similar demand
was made Friday night by Rep
resentative Multer, Democrat of
New York, another member of
the banking group.
However, Chairman Spence of
the Banking Committee adopted
a wait-and-see attitude on Mr.
Patman's statement. made in
Chicago.
II don't know what his evil
dence is but If he has SUBJ
stantial evidence Cof a Leak
think it's all right to investi-
gate" Mr.. Spence said.
Returning to Washington. Mr.
Patman told a newsman mo.
body has that evidence" But
he said the market on Gov
eminent bonds went up Just
before the discount rate reduc-
ton was announced by the Fed
eral Reserve Board Thursday
That's enough to arouse our
curiosity" Mr.. Patman said.
He said the stock market also
rose Just before the Reserve
Board announced a reduction
in margin requirements or
stock purchases in mid-January
There was no comment from
the Reserve Board.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09
Analyst Ranks Recession
With Others Since 194o

business cycles since the end
of World War /,
DR., Moore was quoted by the
New York Times as saying the
current recession. which started
in July last year, now appears
to rank as an intermediate or
moderate" recession when COM
pared with other mild" recess
sions Of recent times.
Could Alter Picture
He noted that governmental
measures to moderate the re-
cession could alter the picture
forecast by statistics to date.
The studies involve two sets
Of indicators. One group shows
declines in various sectors Of
the economy since the start Of
the current recession. The
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09

Istruction contracts, commercial
and industrial construction
contracts. new interpretations
liabilities of business failures,
basic commodity prices and in
dustrial stock prices.
For example. DR.. Moore's
charts show that from last July
to last January new orders for
durable goods dropped 1913 per
cent.
During the first six months
Of the l953-54 recession the
drop was only 1872 per cent,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09

NEW YORK. Mar. 9 (R.-A
leading husiness-cycle analyst
says statistical indicators show
the current recession may be
at least as severe as those Of
1949-50 and l953-54, and per-
haps more so.
But it is not likely to be as
severe as the depression that
began in 1929 or the 1878
recession. says DR.. Godfrey H.
Moore, associate director of re-
search for the National Bureau
Of Economic Research.
The bureau is a private re-
search agency controlled by
leading universities and pro-
TESS ional organizations. DR..
Moore's studies of indicators of
economic receSSionS and re-
vivals are based on data on all
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09
Simpson Advocates Cut
Of1O% Income 7 axes

A 10 per cent cut in personal
income tax rates was urged
last night by Representative
Simpson, Republican of Penn
sylvania. as part Of a general
tax reduction bill he intends
to introduce in the House this
week.
Mr.. Simpson. chairman OF
the Republican Congressional
Campaign Committee and a
member of the tax-writing
House Ways and Means Com
mittee. said his measure would
save individuals and businesses
So billion.
Besides the across-the-board
income tax cut that would
apply to persons in all brackets,
other provisions in the bill
would:
l. Set a maximum surtax rate
of 70 per cent instead OF the
present 81 per cent on indi-
vidual incomes. Mr.. Simpson
said this would save such tax
payers $84 million. The 10 per
cent across-the- board cut in
income tax rates would save
them almost SO billion.
2. Reduce from 50 to so per
cent the existing income tax
rate on corporations, a saving
Of $500 million for them.
Other Reductions Urged
8. Allow various tax relief
procedures so that small busi-
nesses could save 5000 million
T.. Repeal the Federal excise
tax on transportation OF prop
erty. Reduce from 10 per cent
to 5 per cent the excise tax on
transportation OF persons. This
would save the American people
$500 million. Mr.. Simpson es-
timated.
5. Lower several other excise
taxes. These would include a
5 per cent rate instead Of the
present 10 per cent levies on
automobiles and 8 per cent on
parts and accessories. This
excise tax relief would amount
TO $l.3 billion, Mr.. Simpson
said.
6. Make the alternative capt.
tai gains tax l2l7 per cent
instead Of the present, rs per
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09
More Tt e ; ;1S% MOTOROLA
WoWsLM axamve

WoIpe Jewellers
3322 18th st. NV
U. S. Merchandise Mart
II2I I4th 81. NV
MARYLAND
Alon Electronies
II.I. Georgia Ave, wheaton
Alpersteins Electric villose
asia Pinsv ~ I'd silver shrin'
American Appliance
6II9 Central Ave. Gao. heitbts
Armstrong Rodio
80? Main Sc. Laurel
Berwyn Rodio
s6OI z Ave. COLLEGE Parh
BIoirS Music, 6 TV
6l.: Western ave-. chevy chase
Capitol Appliance
ASA Georgia Ave silver SprinE
Chevy Chose Like Rodio
s52I Conn Ave chow Chsse
CoroI Hills Eirestone
t13t Marlboro PIKE Coral Hills
DeIto Tv
1891 n Hamp Ave. LanEiey Parh
Electronic Service Co.
Lexington PARK
Gordners Rodio. TN
5393 Annapolis r.. Cheverly
Gloss Manor FirestonS
100. livingston I'd.
kolph Groeves
1891 Univ Blvd. ". wheaton
Grimes TV Center
Indian Head
kemp's ~
719O Marlboro Pike. Coral aiils
Kent Tv
1881 LsndOysr re- Nsnt Villass
Lonsbureh's Department Store
LsHElsJ PARK
Marlboro Electric Supply Co.
tpper Marlboro. Nc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09

See this dramatic 30-sec0nd demonstration Of
Tube Sentry protection at your MotorOla dealer
Watch how Tube Sentry protects Motorola TV. You
can actually happen before your eyes Proof posi-
tive that Tube Sentry does everything we say it does
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09
Narcotics TuIk Slated

Leroy Morrison, an agent OF
the United States Bureau OF
Narcotics. will address the
Methodist Men OF McKendree
Methodist Church at 8 pm.
Tuesday in the church, South
Dakota and Rhode Island ave-
nues N, z,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09
Get your
ENTRY BLANK
from any these
|I!IIlJSIl; DEALERS
WASHINGTON. D. c.

WASHINGTON. D. c.
A. g A. Appliance
1914 GeofEis Ave NV
Allied TV g Appliance Co.
2t7I 18th 81 NV
Alpersteins Department Store
IO2O 18th 81 NV
Arches ~ g Appliance
te6i Branch Ave Sc
Comeo Appliance
zee It'll 81. NV
Congress Heights Rodio
3III Nichols Ave Sc
Curtis Bros. Furn
:Oil Nichols Ave Sc.
Discount Soles Co.
18th and y SITS NE.
District Home & Auto
1890 Good Hope Rd Sc.
FredeFicks Jewellers
~ nth 81. Sc
Fuliords Colony Rodio
6Ii0 GeorGis Ave. NV.
B. :. Goodrich
s3ia Rhode island Ave NE
Hefson's Auto g Rodlo
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09

keeeon's Appliance
1884 Macarthur Blvd. NV.
King Credit
s35 18th ST. NV
[. 6F. Appliance
DO6 nth 81 NV
lonsburqh's Department Store
ith and Z SITS, NV
Loeol ~ Lob.
1901 Gorsis Ave NV.
Manhattan Auto
lsO8 18th 81. NV
R. Mors
Canal and o SITS s.W.
Mostes
III @ 81. NV
New York Clothing
1908 u 81 NJ
Milton Rosters furniture
2Si3 18th 81. NV
Poromouni Co.
..O. GeorEia Ave NV.
Pittnon's Tv
tOO 18th ~. So.
Skylond Rodio TN
2iil Good Hone Rd Sc.
Slottery's
1900 Wisconsin Ave NV.
SlutteFy'S
3O:I Naylor Nd. s.E
South ccpitol ~
1881 indian Head I'd ST.
Stondord Tire g Bottery
10th and y SITS. NE.
Sior Rodio
i21 10th 81. NV.
Stidham Appliances
.O15 N 81. NV.
Sun kodio
lltb and 4 sts NV.
Teoehum's Tv
est8 l4tb 81. NV
Thrift Auto
4OOl indian Head Rd 81.
Volts. Berry
~, y 81. Ne
Willie Wilson, Inc.
926 2 -. NV
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09

and during the first six months
Of the. lo4s-4s recession. orders
dropped only ITO per cent. ~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09

Press IN o Nau0nWl0e H0W'S
economy faces q long. hard pull
These ether grassroots sen
spread:
/. If an early recovery is Ia
be achieved. vigorous Federal
action win be needed-perhaps
a tax reduction to boost buy
ing power.
2. Unemployment--now at OF
above 5 million--will continue
at painfully high levels for
some time after the recovery
has begun.
3. Both industry and In
dividuals remain in O cautious,
cost-cutting mood. With in
fiation still driving prices to
new peaks. the consumer has
little incentive to buy. And with
consumers saving anc skimp-
ing. business has little incentive
to invest In the new plants
and new products that would
create new jobs.
Hopes Found High
In State after State the AP
found hopes high for spring.
time improvement But those
interviewed supplied few solid
facts to underpin their hopes.
Aside from the usual upturn in
farming and construction.
The commonest view is: "our
recovery depends on what the
Federal Government does. +"
This is curbstone economics, to
be sure. but it squares with re-
cent comment by DR.. Arthur
p. Burns, former chairman Of
President Eisenhower's Coun-
ell Of Economic Advisers.
DR.. Burns said the slump will
De ended only by massive"
Federal Government interview
zion. A temporary tax cut Of
a billion to IS billion un-
doubtedly would "revivify the
economy" he said, although
this might not be the moment
for it. Also helpful, and less
inflationary. DR.. Burns said,
would be public works Of Q type
that could be finished in 6 to
Q months.
Mr.. Eisenhower, his cabinet.
and his present chief econo-
mist, DR., Raymond j. Saulnier.
have held to the view that nat
ural recovery forces viii assert
themselves by summer. The
President told his news confer
ence this week that purchases
by millions of citizens" will
make the difference.
March Figures Awaited
The government, say admin
istration spokesman, should
wait until the March figures
on johlessness become known
which will be in April-be-
fore deciding whether p rush
up the oxygen tanks.
The latest job count, for mid
February. is due to be an
nounced Tuesday. Secretary Of
Labor Mitchell has already
forecast it will show S million
or more unemployed. up from
mid-January's AZ million. It
is the following months data
that the administration is
banking on to show improve
ment.
But heavy pressure is build
ing up on Congress and the
administration. Calls for action
Fave been heard from big BUSH
ness and big labor alike.
Harlow Curtice, General Mo-
tors Corp. president, has urged
Congress to consider "a very
substantial tax reduction" this
session. Ford Motor Co.'s imam
cial vice president, T. o. Ynte-
ma, has proposed temporary
suspension Of income tax with
holding to buoy purchasing
power.
The labor unions see as their
mission a redoubled effort to
boost workers pay. so they can
in effect buy their way out Of
the recession. The unions also
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09

=. -
seek higher joh-security de
lenses against the waves Of lay
offs.
But labor is not depending OF
bargaining power alone. Tn
AFL-ClO has hired the CAPT
tails biggest hotel ballroom mex
week for an emergency eco
nomic session Of 1000 uniol
leaders from all over the Ma
ton. The purpose: "Arousing
Congress to antirecession move:
including . favorite AFL-CI(
aim to boost present individua
income tax exemptions.
Labor's spring wage drivl
presents two economic hazard,
One Of them has been pro
claimed repeatedly by oficial
from Mr.. Eisenhower on dow
the possibility that 1858 wagI
settlements viii shove record
high prices even higher. thu
further discouraging consume
buying.
The other. q source Of privat,
worry in the administration. i
that serious strikes will occul
when the unions come VI
against the stitfening resistance
Of employers who face saggini
sales and slipping profits. Al
example Of this is the strike o.
100000 East Coast dreSsmakers
breaking q quarter century o.
labor peace.
Both sides viii bring thu
price problem to the bargaining
table. Living costs have hit new
peaks in is Of the past Il
months. and some Government
economists now do not expect
. decline before summer or fall
If then.
The unions argue that wage.
should 60 up too. Manage.
ments insist that prices cannot
stabilize until wage increases
slow down.
Wages viii Increase
But wages will 90 up thii
year. willy nilly. even If indus.
try's total payroll costs are re.
duced by layoffs and shortened
work weeks. Some AZ millior
workers are guaranteed stable
boosts. mostly z to 10 cent.
an hour. under long term con.
tracts with built-in annual paS
increases.
These automatic raises will
tend to put q floor under the
demands Of more than 2 million
other workers whose union,
will be bargaining on new pay
terms.
So 1858 wage increases run
ming into billions Of dollars
annually can be expected
Whether they win help or hurt
in meeting the immediate
problem, remains to be seen.
Serious strikes almost GER
tianly would be damaging. Ar
auto shutdown, predicted BY
many. would spread hardship
and new layoffs among the
scores Of supplying industries
which already are pinched BY
Detroit's poor sales year.
Wait for Jobs Due
Strikes or no strikes. the AP
survey suggests that it might
be a good many months even
after recovery sets in before
most laid-off workers are re-
hired in the steel, autos, air.
craft, furniture, lumber, home
appliance and other hard-hit
industries.
Employers. before commenc-
ing to rehire, historically have
tended to restore their reduced
working forces to q full-time
basis. Low-seniority workers
may remain jobless long after
their unemployment compen-
sation runs out.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09
STA Billion Bill
On Rivers Eyed
|AsSpur 10 Jobs
BY ROBERT X. WALSH
star star writer

Rleas for public works to aic
employment and industry will
lput extra heat in House debate
tomorrow on q $1.4 billior
rivers. harbors and iioor-con.
troll authorization bill.
The measure, passed by the
Senate in considerably differ
ent form almost q year ago. has
no immediate relationship tc
proposals outlined yesterday BY
President Eisenhower to speed
up public improvements already
authorized.
It nevertheless offers a timely
test Of congressional sentiment
on possibly greater expansion
OF such projects. The revised
Senate measure was reported
out by the House Public Works
Committee last August.
AS scheduled for debate to-
morrow and q vote later this
week in the House, the bill
would appropriate no funds.
But it would open the way for
appropriations totaling $1.456,-
637.S00 by Congress later this
year or in future years by au-
thorizing numerous river and
harbor projects such as chan
mel deepening and beach ero-
sion control.
Includes Baltimore
1t includes a $2s million
authorization for dredging and
deepening Baltimore harbor
The bill also would permit flood
control projects. especially in
New England and Middle At
lantic States hard hit by hurri-
canes.
In its slow progress from the
Senate since March %. 1867, to
the House floor this week, the
bill has been tangled in charges
OF too much pork" counter
charges of "unseemly" inter-
ference by the Budget Bureau,
and predictions that Mr.. Eisen-
hover will veto it as he did
On a similar bill in 1856.
But the Presidents impend-
ing recommendations, includ-
ing a proposal to accelerate
where practicable the con-
struction Of projects for which
appropriated funds are avail
able" could change the tenor
or the House debate tomorrow.
This. in turn. conceivably could
result in individual moves to
amend the authorization bill by
restoring the total closer to the
original Senate figure.
Most Republicans on the
House Public Works Commit
tee have complained that the
bill still contains 5000 million
in proposed projects not rec
commended by the Budget Bu-
reau and the Army Corps of
Engineers. They recalled that
Mr.. Eisenhower had the same
objections when he vetoed a
similar version, totaling more
than SIG billion, in 1856.
Obtained Later Data
Committee Chairman Buck
ley, Democrat of Ohio, and his
majority colleagues hope many
of the Presidents 1856 objec-
tons have been removed be-
cause House and Senate COM
mittees obtained later reports
from the agencies.
They note that the bill passed
by the Senate a year ago would
have authorized $1,542,452 900,
a reduction Of almost SIT mil
lion below the 1856 bill. The
House committee. in reporting
out revised bill last August,
trimmed an additional $85 mil
lion to bring the total down to
$1.4 billion.
Both sides believe the House
will pass an authorization bill
but not necessarily the House
committees recommendation or
the Senate'S measure. The real
showdown on public works
projects Of this kind will come
when the Appropriations Com
mittee reports out a bill to pro-
vide the money.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-03-09
Long Pull to Recovery
Indicated by Survey
BY STERLING r. GREEN AND NORMAN WALKER
Press tan writers

From Main Wall Street Americans seem far
confident than President Eisenhowers administration that
Ailing business will solve its troubles on its
The generally prevailing opinion found by The Associated
Press in Nationwide "Hows Busness?" is that the
economy faces long. hard pull toward recovery.
These other sentiments found to be wide
spread: = ----
The Phoenix Jewish news., 1958-09-12

Ethel, Ted and Ronald White
4121 N. 18th Drive, extend greet
ings for a healthy, happy and
prosperous New Year to all their
relatives and friends.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Isaac Teich
1901 w. Indianola, wish family and
all friends in the Phoenix Jewish
Community happy and prosper
Gus New Year.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Albert ]. Wild
542 w. Windsor, convey their sin
cere good wishes to their many
relatives and friends for healthy
and prosperous New Year.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Samson Sobol,
David, Deborah, and Zachary
1745 w. Rovey Rd., extend best
wishes for a joyous and healthy
New Year.
The Phoenix Jewish news., 1958-09-12
- NC Eli ZendIa

Mr.. and Mrs. Eli Zendle
2744 w. Devonshire, express tnelr
wishes for a happy and healthy
New Year to family, friends, and
people everywhere.
The Phoenix Jewish news., 1958-09-12

DR.. and Mrs. Michael H. Weiss
Donna, David and Steven
527 w. Wiltshire, wish all their
friends a healthy and happy New
Year.
The Phoenix Jewish news., 1958-09-12

MIR. and Mrs. Solomon Softer
and DaVita
1913 w. Taylor, extend best wishes
to all for very happy New Year.
The Phoenix Jewish news., 1958-09-12

MIR. and Mrs. Harvey Woodrow,
Roberta, Joan and Byron
1908 E. Bethany Home Rd., wish
ali their friends a happy and pros
porous New Year.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Herbert Smith,
Michael, Debra, and COrree
1888 w. Whitton, extend best wish
es to all their friends for a happy
and healthy New Year.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Seymour Zendle.
Lesley Jay, and Jeffrey Todd
1917 w. Glenn Dr., extend beSt
wishes to all their relatives and
friends for a Happy New Year.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Ben Zwibel
and family
457O Gale Tuberia, extend best
wishes for a joyous and healthy
New Year.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Mathew SusseIman
and daughter ROlene,
3249 w. Morlette, extend best
wishes to all their friends for a
happy and healthy New Year.
The Phoenix Jewish news., 1958-09-12

Larry and Shirley Tocker
922 w. Vermont, extend sincere
good wishes to all their relatives
and friends for a New Year of
health, happiness and good fortune.
The Phoenix Jewish news., 1958-09-12

Mrs. Lillian Staman
445 w. Osborn Rd., extends good
wishes for the New Year.
The Phoenix Jewish news., 1958-09-12

MIR. and Mrs. Jack Zimel
and family
D26 w. Willetta, wish all their
friends good health and happiness
for the New Year.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Jerry Smith,
Barry and Sharyn
1402 E. Oregon, extend sincere
wishes for a Happy and Prosperous
New Year to their relatives and
friends.
The Phoenix Jewish news., 1958-09-12
Mr.. and Mrs. Irving Unger

271O N. 22nd Dr., extend Holiday
Greetings to their family and
friends.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Arthur SpitZ
Mark, Larry and Libia
1923 N. seth Pl., extend good wishes
for the New Year.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Milton Sommer
and son Give
,14 w. Culver, extend best wishes
to all their friends for a happy
and healthy New Year.
The Phoenix Jewish news., 1958-09-12
Mr.. and Mrs. Morris ZapIer

and SUH, OdIHAIIy
GOT N. 14th St., extend best
wishes to all their friends for a
happy and prosperous New Year.
The Phoenix Jewish news., 1958-09-12
Mr. and Mrs. Eli WOIfson

If 1914 N. 10th ST., send best wish
IS to all their friends and relatives
for a happy New Year.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Jarvis Weiss
and sons
$50 E. Ocotillo, extend best wishes
to their friends and families for a
happy and healthy New Year.
The Phoenix Jewish news., 1958-09-12
Mr.. and Mrs. Louis Turken

STA N. 14th Ave-, extend sincere
good wishes for New Year of
health and happiness to all their
friends.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Irving Smith,
Bobby, Bonnie, and Dennis,
1920 E. Marshall Ave, wish to all
their friends and relatives a New
Year replete with joy and health.
The Phoenix Jewish news., 1958-09-12
Mr.. and Mrs. Martin wilsker

MO dIIU NAISs AAt1A O
and family
1o2 E. Royal Palm Rd., wish all
their friends and family a very
Happy New Year.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Ted Smith,
Jeffrey, Keith and Brad
1929 E. Luke, wish all their friends
happiness in the New Year.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Arnold Smith
and daughters
213 w. Montebello Ave-, wish all
their friends and relatives a happy
and prosperous New Year.
The Phoenix Jewish news., 1958-09-12
Mr.. and Mrs. Leo Weiss
JOseDh. Molly and Melvin

2514 E. Roma, extend good wishes
for health and happiness in the
New Year to their friends.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Sidney Stein,
Alan, Ina Lee, and Stephanie
1907 N. 18th Dr., extend best wish
es to all for happy and healthy
New Year.
The Phoenix Jewish news., 1958-09-12

DR.. and Mrs. Meyer Spitalny
and family
take this means of wishing their
friends and relatives a very happy
and prosperous New Year.
The Phoenix Jewish news., 1958-09-12
s7' Greetings 1858

Mr.. and Mrs. Paul Staman
and family
2055 w. Windsor Ave-, send sincere
good wishes for the New Year.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Malcolm Straus
and sons
511 w. Ocotillo, wish all their rel
atives and friends a very happy
and joyous New Year.
The Phoenix Jewish news., 1958-09-12

Mr.. and Mrs. Leonard Skomer,
Larry, Michael, Barbara
Sue and Sharon
4210 N. 18th Ave., extend best
wishes to all for a joyous and
prosperous New Year.