News Quiz, Jun. 28, 1954

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(4 of 10)

4. Chavez of New Mexico.

5. Stennis of Mississippi.

31. To run against popular Senator Cooper, Kentucky Democrats easily persuaded this political warhorse to return to the fray:

1. Happy Chandler.

2. Alben W. Barkley.

3. James F. Byrnes.

4. Lawrence Wetherby.

5. Herman Talmadge.

32. Senator Homer Ferguson's reelection chances were being hurt by unemployment in his constituency, particularly in the:

1. Shoe manufacturing industry.

2. Steel industry.

3. Shipping industry.

4. Coal mines.

5. Automobile industry.

Agriculture

33. Displeasing most in the dairy industry, Secretary Benson bravely announced:

1. An end to milk and butter supports.

2. A cut in dairy support prices to 75% of parity.

3. A six-month moratorium on Government butter purchases.

4. That surplus Government-held butter would be given away to certain impoverished nations.

5. That dairy prices "must seek their level in the free market place."

34. But a few weeks later he took a step in the other direction when, under the prodding of the Senators from Idaho and Maine, he announced limited Government buying of:

1. Peanuts.

2. Corn.

3. Wheat.

4. Sugar beets.

5. Potatoes.

Labor

35. In its fight for more security, organized labor in 1954 got set for a concentrated assault on a new objective:

1. $1-an-hour minimum wage.

2. Revision of the Taft-Hartley Act.

3. The guaranteed annual wage.

4.Outlawing of the injunction as a weapon in labor disputes.

5. Company-paid pensions for all employees with 20 years of service.

Business

36. Robert R. Young waged the year's greatest proxy battle in a successful effort to gain control of this railroad:

1. Pennsylvania.

2. Chesapeake & Ohio.

3. New York Central.

4. New Haven.

5. Baltimore & Ohio.

37. To combat business recession, the Federal Government by spring had done all but one of these:

1. Cut bank reserve requirements to expand bank lending power.

2. Started feeding funds into a big public-works program.

3. Arranged financing with short-term securities rather than long-term issues.

4. Cut the rediscount rate banks have to pay to borrow from the Federal Reserve Bank.

5. Purchased short-term Government securities from the banks in open market.

38. In the first such ballot in auto history, union members voted a 5% pay cut for production workers in this automobile company:

1. Packard.

2. Chrysler.

3. Kaiser-Frazer.

4. Willys.

5. Studebaker.

39. After a searching two-year look at the economy, the Committee for Economic Development came to the conclusion that the U.S. is:

1. Rapidly recovering from a recession.

2. On the verge of a serious depression.

3. Due for another ten years of prosperity.

4. Now socialistic.

5. Virtually depression-proof.

MAP PERSONALITIES

Directions: Items 40 through 53 appear in pairs. The first of each pair relates a person to one of the countries pinpointed on the map. For these items write on the answer sheet the

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10