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Publication: European Stars and Stripes Tuesday, September 23, 1958

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   European Stars And Stripes (Newspaper) - September 23, 1958, Darmstadt, Hesse                                The stars and St pts i free spending Uncle Sam needs fiscal transfusion Washington Sam u running out of Cash and the Treasury Money managers must sir rails this week Bow to arrange far a fiscal the latest figures How the Treasury Bac a Cash balance of just order is Eves enough pay the governments Bills for the next two matters Revenue sat coming i fast As a year age in cause the and spending is up the Treasury is expected to an sees inca thursday its plans for Bor rowing More reportedly it is thinking of borrowing so it May ask for Between now and thursday Secretary Robert Anderson and his top advisers will wrestle with about As delicate and thorny a problem As any they Ever have to Deal first of they must decide How much new Cash to they want to borrow enough so they dont have to make a Quick return trip to the Money but they dont want to borrow too much because interest charges Are costly and already account for a big chunk of Federal the Treasury Doest to borrow More often than necessary because this could disrupt the Federal Reserve boards ant inflation policy of moderate credit whenever the Treasury the Federal Reserve must make sure theres enough credit that Means it might have to abandon its credit restraints another problem is what sort of Deal the government should offer Sale of billion in Long term Bonds would mean of lion of debt that the Treasury  have to worry about for Many Long term Bonds carry the highest interest would it be Wiser to offer Short Esterm securities and save Money pm interest just As important is the question of what sort of Security the Market can and in what amount sometimes the Market can absorb billion of Long term Bonds but not and to the Treasury brass must also Ponder the effect of government borrowing on the fortunes of other if the Treasury soaks up too much credit in any partic ular it Enow eliminate sources of credit which business and Industry it also Doest want to push interest rates too still another worry is the of the government Bond right now the Market is in Ita i dest plight in having steadily and sharply foe the Treasury Doest to aggravate this it to promote a healthy Market government one or two types i than any of raise the needed Mote the health of the Bond let and interfere the least with needs of other Anderson and his advisers decide on the package that the bul radioactivity men Oil t by Osvin r m Content of milk within limits Washington a eth Rubi or Seth service has reported latest tests showed radios Tuitt in milk from nine widely Mituru d areas within the report and during and july us rut work of sampling la Lions from five to a t port   n Wirtl within the during the Flatt year of of from five Arras hot the new milks had areas Are Atlanta to and Chicago to origins five Are York ssh 1 Day and is an additional sampling bring for the in shed of the of kitontium30 n the monthly milk the nine found Range from to caries per liter during and this Rampart limit of a rur jilt a measure of radio activity trod r by one Gram of a Micro mar aerie it on Millionth of a Millionth of a a liter u slightly More than a the Yorty average for reporting mail Kuhens for the period ending in May for etronuum90 from 411 to per service the Pom Isablle Levels As recommended in the National committee on radiation Protection and Uri Aure Scot Are specifically for but to added Twoey have been Geo accepted As being applicable to los up Gypsy Rose Lee and sister june havoc appeared by Superior court for real estate unit but it was the men in the courtroom who did what Little stripping there was for the judge Hardy suggested the men remove their coals because of the heat cad Gypsy was ail for in this anybody would want to she said the Sisters appeared a connection with a ease involving an orig Inal contract by miss havoc to sell her Home in Beverly Hills for to Edith she agreed later to Trade her equity in House for 15 per cent of a 250ualt housing development to be built which was never june repossessed the House and asked cancellation of the agree Friedman through her attorney said the actress could not legally ask for enforcement of the contract and cancellation at the same the Case was soviet Book says Success on engine is imminent Washington Cap the v too drive sell ii Dpi protested in that he didst have the 170 levied to far several driving  from a police District it Edge Arthur Ane up with a your he government has trans lated soviet Aden Tufie Book which says successful slave torment of engines for air Kaaea in the authors of the 180 Page volume did not speculate on whether East or West would be first to lick the Many problems of nuclear the Only specific projects they mentioned pol up Bandit de Bott me out Effe Khi locked Mersim Suttom at some observers said inns May Mirror to spell out their own the atomic us authors they speculated at another Point that atomic a Craft engines should make their appearance in the very next few the air Force has awarded contracts for development of two atomic planes and the Navy is working on nuclear the Navy has said it expects to have atomic seaplanes with the Fleet by 196465 and the air Force May put nuclear planes in the sky even but the russians said atomic engines in Avi Attean trans lated by the air Force at is be ing offered to the pub life at a Are inevitable because Jet planes consume so aircraft modern much fuel their Range is limited and they have come increasingly to resemble flying tank wives headaches traced to not hubbies new York Tupi prob ably will come As a blow to but it is mostly worry Over Money and kids instead of men which gives women so reports a lady after talking to women on a subject which Long has bothered medical science the Why of throbbing Marguerite Rit ten a Ford Haro University teacher whose doctoral is in business administration and not made the study among housewives in Urban and suburban worrying kind Only 3 per cent reported Freedom from and most of the victims said they Are the worrying kind 35 per cent of them fret Ting Over another 35 cent Over the Only 10 per cent blamed Bead aches on and Here the problem seemed to be the family argument rather than the other another 10 per cent blamed noise of their own children and Only rarely the noise of traffic and other headache causes were health and gop i demos deem Cash outlays Washington spending record of the 86th Gress has provoked Lively Del Between the Republican and cratic the Republican National Muttee charged that the Crati controlled Congress had aged in a spending spree but the september Issue of democratic digest declared not since the Early Days of new Deal has there been such record of constructive and resp off Ible legislation in one session at in a memorandum to cans involved in the 1958 the gop National Mitten said Congress had it spend billion More than Prev Dent Eisenhower to added that the total would been More than billion highs if it were not for presidential vetoes and administration oppose Tion to some of the g ignored Economy the memo also charged Tiki democratic lawmakers with scant attention to the president Economy it said he made 16 Tiiu which would have meant aft annual saving of s3j5 billion in the future but that the net result 0 i a congressional action would Only gop Headquarters said us delusions were based on a new analysis of the spending record at it did not identify Taftt source of the which sumac by came from the can democrats blame recession Congress also was blamed trimming the income Side of the trea Saiy by stopping Sheet of administration requests for posts rate increases and repealing the excise tax on democrats Are arguing that the business recession and the ing loss of tax Revenue la chief cause of the prospective billion deficit for the current it Leaf l the administration Naff chopped 17 billion from is i Revenue estimate of last the democratic Organ of the democratic National con Nifer carried a special 16page port on the record of Congo saw the digest contended that Foft gop has attempted to Obst raef every on of the democratic Aatif recession a the fwing Jub threw away a Pellet Fosu a and copy by ctn smut depart meals office of technical three scientists collaborated in writing the published last year by the soviet defense minis the first Success in the design of nuclear reactors for aircraft Power no is Timmin feh Ewry be a wet the night a police Hellas kid wife a of own medium East up the mailman waited impatiently for the mail the Central Pou office Boston was a week late in mailing their pay family Aid urged in solving rights prob Leni Louis a Secretary of labor James Mitchell told the National conference of Catholic women that solving the problems of civil rights and labor depends on the training children get at civil is not solely said the a Legal basically it is a moral Mitchell told the delegates that americans will have a civil rights problem As Long As children hear parents and neighbors utter derogatory remarks about other creeds and Mitchell said a Federal Law is desperately needed to curb of some labor but More than anything else America needs men and women who will fight corruption wherever they find it the Secretary said the Burden of stopping labor corruption was on local supported by local Law and a helpful Mitchell said 10 million a workers will be needed by of them will be Over 45 the other half people under the labor would by Mitchell said the present Core our hiring practices in the Mitchell will have be based on ability and qualify Lions foe the without leg att Ace or sex or race or Creed color or National  
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