Time Clock, Oct. 24, 1955

DIXON-YATES CONTRACT may be invalid after all, says AEC Chairman Lewis L. Strauss, although he has repeatedly upheld its legality. Strauss's point: there may be a "conflict of interest" because Investment Banker Adolph Wenzell served simultaneously as a consultant to the Government and an executive of the First Boston Corp., which helped in the project's financing. Possible loss to Dixon-Yates, if the contract is declared illegal: some $3,000,000 spent on preliminary work at the West Memphis, Ark. power-plant site.

SHOE PRICES are going up. St. Louis' International Shoe Co., biggest U.S. shoemaker (1954...

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