March 18, 1955

Richman repts to Meyner on new aspects of probe; charges 7 lessors with whom Employment Security Div signed 5 lease and 5 lease-purchase agreements made windfall profits of $239,528 on initial investments of $86,854, '49-53; sees total profits reaching $1,978,790; profits held derived from mortgages in excess of bldg costs, from rents and residual profits; bulk of mortgage money supplied by Phoenix Mutual Life Ins Co; 9 deals negotiated by Hoffman held to be illegal since Hoffman lacked such authority; 10th, signed by then Purchase Dir Ferber held legal; ct actions weighed; lessors listed

assaulted by rioting fans at game, Montreal; game halted by Fire Dept and forfeited to Detroit

Sen Jenner deplores what record reveals

12 major teachers orgns at conf called by Jansen offer compromise plan retaining single-pay schedule but providing $450 raise for all teachers and more for those with additional preparation; cost put at up to $25 million; hs teachers apptd before July '47 would get $600 more whether or not they have 30 extra credit hrs; HS Teachers Assn pres asks plan be adopted; Teachers Guild pres urges Jansen call 2d conf to map long-range program

Eisenhower says state of world next spring will influence decision whether he will seek re-election