Saturday, July 23, 2011

7-20-1952

EAST FAREWELL NEWS

Sunday, July 20,1952   Vol. C104

Traffic Light Proposed for Main Street

East Farewell-  Town Council President Tom Conally presented a proposal to investigate the possibility of putting an automatic traffic signal on the corner of Main and Lake Shore Drive.  His presentation was part this weeks meeting and contained several enlarged photos of the intersection as well as many drawings and diagrams. 
        "It is clear from several studies done by the Highway Department that there is a need for the light due to a large increase in the summer traffic.  It appears that East Farewell has become somewhat of a tourist destination once again." said Conally.  Most likely he was referring to the time in the late 1920's when East Farewell enjoyed a reputation as a blissful retreat for many of the railroad executives and wealthy members of the metropolitan areas of Philadelphia, Pittsburgh and New York City.
        Members of the council reviewed the proposal and discussion ensued.  Several members expressed concern over the cost and construction timetable.  "It appears that the construction is slated to begin right at the height of the summer season next year." said councilman Baxter, "We should explore the possibilities of pushing the start back towards September."  Other council members agreed.
        The cost of the project was also discussed.  "Where will the money come from to fund this thing?" asked Councilman Green.  Conally suggested that the Highway Department had funds that could be directed to the project.  That comment brought a rash of indignation from the audience and other council members.  It appears many townspeople feel the Highway Department should not be involved in the town's affairs.   Council then voted to continue discussions and evaluate the proposal. 

Local Sports

Travelers Win 10th Straight in the 10th
Cloos blast in the 10th Sinks Corning

Corning-  The Travelers extended their winning streak to 10 games on Saturday by downing the Corning team 1-0 in a pitchers duel that was decided by a mammoth blast in the 10 inning by Travelers centerfielder, Johnny Cloos.  The tape measure blast left the park and sent several fans scurring to claim a souvenir.
        The game remained scoreless through the first eight innings thanks to beautiful pitching displays by Jimmy Green of the Glass Works and Joey Alfred of the Travelers.  Relievers Breen for CGW and Albert for the Travelers held onto the scoreless tie.  Both teams were only able to garner five hits through nine. 
        In the tenth with two outs, two strikes, Johnny Cloos connected with a low, outside fastball to break the tie.  In the bottom of the 10th Billy Green came on for the Travelers to retire three straight Glass Workers with only 15 pitches. 
        The win pushes the Travelers winning streak to 10, the longest since the 15 game streak during the 1950 championship run.  The next game is a rare night game on Wednesday in Bedford.

Local News

New Bar and Restaurant Opens on Main Street, Causes Ruckus

East Farewell- The Lost Oasis opened on Main Street last week and caused an unintended sensation by having the waiters and waitresses dressed in Arabian attire.  The waiters wore turbans and open front, linen shirts and the waitresses were dressed as harem girls.  This brought both laughter and gasps of indignation from the attending crowd.  It also brought an anonymous complaint about the woman’s attire and the police forced them to don more "civil" attire.
        "We were just trying to have a little fun, you know, make a little excitement.  I guess some people around here don't have much of a sense of humor." said owner Charles Wenz.  Wenz hails from New York City and may need to learn the ways of East Farewell.

National News

Bill Extending Wage, Price Controls Signed by Truman*

WASHINGTON, (AP)—A 10-month extension of the basic authority for price and wage controls was signed into law late today by President Truman, but he delayed a statement telling what he thinks of it. What he says about the extension which Congress voted to replace the old law expiring at midnight tonight probably will not be complimentary.  The extension, with amendments which price control officials contend will weaken the effectiveness of their weapons, falls far short of the two - year continuance and strengthening which T r u m a n asked.

Wanted Extension

Congressional leaders who talked with Truman earlier in the day said he was not enthusiastic about the bill which Congress sent to his desk Saturday night.  The White House indicated then that he would sign the bill nevertheless and issue a statement setting forth his views. Late in the day. however, the White House
said the President had signed the extension into law, and that the statement would not be issued until tomorrow morning.  Priorities Extended Year If he had not signed the bill, all wage-price, rent and allocation authority would have expired at midnight.  The new bill extends for a full year, or until June 30, 1953, authority for allocations and priorities covering scarce materials.  Federal rent controls will go off in three months, on Sept. 30, except in areas which (A) take affirmative action to request that they be continued, or (B) have been certified as critical defense housing areas. Some 53 million persons live in non-critical areas but under rent controls at present.  Chicago, Philadelphia and San Francisco are examples.  The new bill also prohibits price ceilings on processed fruits and vegetables—canned, frozen, dried or otherwise modified from the raw state. Office of Price Stabilization officials estimated that this would remove from controls as much as 20 per cent of the average family's food budget.   It exempts such popular food items as canned and frozen vegetables, fruits and fruit juices, prunes, apple sauce and so on.  OPS was still analyzing the measure, and withheld a formal statement on the full effects, but one high agency official who asked not to be named said: "Every change in the act is calculated to raise prices substantially."  Many legislators who voted for it contended that inflationary pressures are easing off, and that the need for strict price controls has lessened. The House originally voted to take off virtually all price c o n t r o l s , but the compromise worked out with the Senate continued the basic authority.  Government officials announced that there would be no immediate change in Regulation X, which fixes minimum cash down payments lor home purchases. 

Complex Machinery

The announcement was made jointly by the Federal Reserve Board and the Housing and Home Finance Agency, which administer real estate credit curbs.  The new law contains a provision calling for relaxation of Regulation X, but because of the complex machinery set up to put any such relaxation into effect, it appeared likely there would be no change for at least five months, or until next Dec. 1.  The bill would forbid the administration to require a down-payment of more than 5 per cent on houses if the number of new houses started under construction runs below the rate of 1,200,000, a year.  Most estimates by housing experts are for no-more than 1,100,000 starts in 1952.  Present down payment requirements on the general public are graduated up from 5 per cent on houses costing $7,000 or less to 40 per cut on those costing $25,000 or more. For veterans, present requirements are easier: nothing down on houses costing $7,000 or less, and down payments scale from 4.8 per cent on »8,000 housing to 35 per cent on houses costing 125,000 or more.

(*reprinted from McKean County Democrat 7/3/52)

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