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January 14, 1955

Revisit the news, notable people, and historical moments connected to this date.

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Headlines from January 14, 1955

2D BIGGEST BANK PLANNED BY CHASE AND MANHATTAN; A RECORD MERGER Directors Approve Deal Reversing a Formula Balked in 1951 MANHATTAN BANK AND CHASE UNITING

By Paul Heffernan

Chase-Manhattan dirs approve merger under Chase Manhattan name; merger would be largest in banking history, creating 2d largest US bank and largest in NYC with resources topping $7.5 billion; Chase natl charter would be allowed to lapse to overcome Manhattan NYS charter obstacles; merger, pending NYS and stockholders approval, would be effected by exch of 1 1/4 shares of Manhattan stock for 1 of Chase; J J McCloy to be chmn, J S Baker exec com chmn, P J Ebbott, G B Blaine vice chmn; initial bd will have 25 members; other top execs listed; McCloy, Baker comment; unsuccessful '51 merger plan recalled; table shows financial status

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First Snow of Season Arrives at Last, With 1.1-Inch Blanket of White; The City's First Measurable Snow Bothers Nobody but Motorists CITY'S FIRST SNOW IS 1.1 INCHES DEEP

By Unknown Author

1st measurable snow, latest for date since '28; illus

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COOPER IS SLATED AS ENVOY TO INDIA; Kentuckian, Ex-Senator, Gets Vital Ambassador Post -- A Liberal Republican COOPER IS SLATED AS ENVOY TO INDIA

By James Restonspecial To the New York Times

US to ask India to accept J S Cooper as Amb

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SENATE UNIT SETS ASIAN PACT SPEED; Dulles Gets Committee Pledge -- Defense Treaty Hearings to Be Held Wednesday SENATE UNIT SETS ASIAN PACT SPEED

By William S. Whitespecial To the New York Times

asks Sen Foreign Relations Com to approve pact; gets pledge of early action

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SURPLUS DISPOSAL IRKS SOME NATIONS; New Zealand Protests Export Butter Sales on Bid Basis -- House Unit Scores C.C.C. SURPLUS DISPOSAL IRKS SOME NATIONS

By Special to The New York Times

Asst Sec Butz opposes 'dumping' surpluses; House Appropriations Com criticizes CCC failure to sell commodities competitively in world mkts; releases Sec Benson testimony urging gradual expansion of mkts rather than dumping

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Historical Context for January 14, 1955

In 1955, the world population was approximately 2,740,213,792 people^[†]