Word: johnstons
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Government economists warned that more serious inflationary pressures were building up. "The crest of inflation is some distance away," admitted Economic Stabilizer Eric Johnston. By next year, defense spending will be flooding into the economy at a rate of $50 billion a year. At the same time, metal supplies of consumer-goods industries will be cut back to 50% of their pre-Korea level. By midsummer, thinks Defense Mobilizer Charles Wilson, all that money jingling in U.S. jeans and a reduced supply of consumer goods' will create a $10 to $20 billion "inflationary...
Wigglesworth has still to run-off an election to determine its fourth delegate. Leonard Wheeler and Wesley Johnston of H. J. and K entries received an equal number of votes...
Ticket sales for the Holy Cross game Saturday have proceded fairly well, W. Henry Johnston, Director of Sports Information, said yesterday...
Sophomores, freshmen, and graduate students who line up for tickets at 1 p.m. today will be offered seats from Section 35 and beyond. Johnston expects a good-sized total turnout for the game if it is played in fair weather...
Died. Alvanley Johnston, 76, for 25 years Grand Chief Engineer of the 80,000-member Brotherhood of Locomotive Engineers; of a heart attack; in Shaker Heights, Ohio. Born in Canada, Johnston became an engineer at 22, as a labor leader took the stand that "it takes guts and skill to run a locomotive, and there's risk, and that's worth money." In 1946, the President's threat to draft striking railroaders into the Army so angered Johnston that he broke all relations with the Administration, supported Dewey...