European Stars And Stripes (Newspaper) - August 8, 1959, Darmstadt, Hesse The stars and stripes saturday August 8, 1959 $750 million in financing okd Eva Given right to sell Bonds Washington a the Tennessee Valley authority Tva has won a charter from Congress and the president to Issue up to $750 million in Bonds to finance its future . Eisenhower signed the self financing Bill on the understand ing that Congress would enact a measure to eliminate one provision he described As wholly unacceptable. He said he had received that Promise from leaders of both Senate promptly honoured the leadership commitment by passing the hew measure. The House had already recessed for the weekend and cannot act until provision secondary to the general purposes of the Bill would have let Tva Frame it sown program for congressional consideration. The program would go to the president from Tva for dispatch to Congress bit the president could Only recommend changes to . Eisenhower objected that this infringed on the authority of his office under the Constitution. Queen of the video Jungle with elimination of the pre vision which presumably Wilt b6 done when the House can act on monday Tva s program will be handled in accordance with the government corporations control act a Basic Law for operations of government corporations. The Senate action to eliminate the provision objectionable to or. Eisenhower was by voice were no opposition votes heard. The principal purpose of the Bill is to authorize Tva to Issue up to $750 million in Bonds to finance construction of new Power plants the Agency says Are Neces sary to Avert a Power shortage in he area in about three years. Expansion limited it also contains a provision sought by private Power companies in surrounding states to limit future expansion of the Tva Power area. It also would require Tva to repay with interest the bulk of the $1.2 Bullion which Congress has voted since 1934 to build Tva Power facilities. The repayment schedule woul Call for Tva to pay the Federal Treasury $1 billion Over the next 53 years plus about 3 per cent interest on the unpaid balance. Actress Irish Mccalla displays some of the acrobatics required in her television role As Sheena Queen of the Jungle before boarding an Airliner in new York City. She returned to los Angeles after a month s vacation in Europe with her two sons. Up photo secret service smashes $10,000 counterfeit ring St. Louis to. A a fake $5 Bill sneaked out of the trousers of a sleeping husband by his wife proved to be a vital clue in help ing the . Secret service breakup a $10,000 counterfeit ring. Assistant . Attorney w. Fran Cis Murrell said the four month investigation took a climactic turn when mrs. Dallas Barr fished the $5 from the pocket of her cab Driver husband. He said mrs. Barr made some purchases and handed the Mer chant the $5 Bill unaware at first that it had one Blank hastily rear Ved the Bill and Hay crop Flavoured by Corn Sci Reezin s Edmond okla. A the Corn squeezing s got caught in an Edmond Farmer s Hay Bailer. The Farmer who declined to give his name said his Hay Bailer Bitoff several half gallon jugs filled with Moonshine whisky. Agents of the alcohol tax unit alerted by the Farmer confiscated 72 half gallon i of Corn whisky hidden in the left the store. But the merchant called police secret service agents raided Barr shome and found the $5 Bill and printing plates. Arrested were Barr 28 Melvin e. Rhodes 33 Norman s. Bennett 36 George g. Hoines 37, and Wil Liam James Lindquist 26. Agents said mrs. Barr was not involved secret service agents said the five men had spread $10,000 in fake Bills in the Midwest. A Long Way from California gambling Kingpin held without bail for slaying trial los Angeles up Harry Gross former new York Book making Kingpin was bound Over without bail to Superior court on a charge he killed his wife s elderly Grandfather. Municipal judge William r. Gallagher ruled Gross 41, must face trial after an hour Long preliminary hearing during which a key witness said Harry Black 81, told her Gross had almost murdered Black died a month after the june 27 shooting. Arraignment is scheduled for aug. 19. Gross version defense attorney Daniel n. Bus by and prosecutor Robert e. Remer stipulated to admission of a 13-Page statement giving the Gross version of what happened on the night of the beating and shooting. Busby said the defense would try to prove a charge by Gross made n his statement that the James May 49, wus fined $25 in police court for failing to pay a 95-cent dinner Check a
