On this day
Revisit the news, notable people, and historical moments connected to this date.
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plans no marked rise in spending despite prodding; Premier Hatoyama says budget may be increased slightly; hopeful US will cut garrison costs
Harriman confident he can force Legis to restore grants to budget, TV int
4th rept on Fed lending; Comm, 5 members dissenting, urges sharp cut in Fed lending services in favor of private interests; holds Govt should undertake only functions which private business cannot or will not perform, and then only for 'justifiable' Govt purposes; sees ultimate yrly savings of $200 million; repts that on June 30 '54 there were 104 agencies engaged in lending, guaranteeing and insuring activities involving $244 billion; recommends liquidation of all 12 Production Credit Corps, Agr Mktg Act Revolving Fund, Fed Farm Mortgage Corp and loans for coll housing; urges that crop loans to farmers under price support system be stopped for substitute system of purchase agreements, that REA be put on self-supporting basis and merged into private enterprise, that FHA mortgage loan ins program be reorganized to obtain financing from private sources subject to Fed regulation, that Pres be allowed to raise down-payment requirements for home loans insured by FHA, that loans to cities for planning reserve of pub works be ended, that Export-Import Bank end short-term commercial loans and become sole Fed agency for long-term export loans and loans to foreign govts, that SBA and other agencies raise interest rates to cover operating costs and pay interest to Treas equal to cost of money to Govt, that Fed Natl Mortgage Assn, Fed Intermediate Credit Banks and Banks for Co-ops be merged with private enterprise through 'mutualization'; cites savings by agencies; Atty Gen Brownell, Dir Flemming, J P Kennedy, J A Farley, Holifield dissent; Comm asks Cong to rev IMF to determine whether its service is still necessary to US
Humphrey calls cut 'pol quickie gimmick'; sees defeat in Sen; illus; Smathers says Dems lack votes for majority; Kerr scores Repubs, TV int
in Washington
1955Jonathan Kaufer, American director and screenwriter (died 2013)[†]
Jonathan David Kaufer was an American film director, screenwriter, and occasional actor. Kaufer received his first job while in his late teens as a writer for the sitcom Mork & Mindy. Filmmaker Howard Zieff later hired Kaufer to do rewrites for his films, and his work on the 1979 film The Main Event led to a development deal enabling him to direct his first film, the romantic comedy Soup for One. At the time, he was the youngest director hired by a major studio.
In 1955, the world population was approximately 2,740,213,792 people[†]