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Newspaper
Akron Register Tribune
Location
Akron, Iowa, United States of America
Date
Aug 11, 1949
Page
4
The House passed 383 to 25 to continue the current farm price support system, killing the Aiken law and blocking a test run of the Brannan plan. The Pace bill failed 222 to 152. Gore substitute won 383 to 25. The session included senators ratifying the Atlantic Pact 82 to 13, pledging mutual defense.
Armistice agreement keeps forces behind frontiers and creates demilitarized zones in contested areas. Ceremony on the lines in north Galilee aims to push Lausanne talks forward with UN mediator Ralph Bunche and US General Riley lauded. Civil life to resume in zones as final borders are defined.
Janice Harvell an 18 year old from Carolina Beach North Carolina was chosen queen of the Lions International pageant at the second annual convention held at Madison Square Garden New York. The contest featured beauties from other nations and concluded with her crowning amid competition and cheering.
A confused fight in Washington over the Brannan agricultural program pits three major farm bodies against each other while the National Farmers Union backs the plan. Farm Bureau and National Grange clash over proposals, with hearings highlighting sharp criticism of Secretary Brannan and evolving views on parity and subsidies. The Pace bill features Brannan plan elements, threatening the 1948 act and signaling a major 1950 campaign issue.
Floyd J. Brinley, a physiologist, describes odd fish experiments at the University of Toledo as researchers seek to boost hatchery stocks. The work includes thirty three eyed brown trout, hearts transplanted outside the body that continue to pulsate after death, and trout babies living in oxygen tents to study heart action and oxygen effects.
British rule in Singapore faces renewed challenge as Chiang Kai shek portraits are torn down and Mao pictures affixed secretly. Rioting and shootings followed last summer when Communist high command ordered action. British authorities seized leaders and hanged some, breaking Communist power. Singapore remains split between Chinese and British city sectors.
The SEC reported total after tax income around 2.4 billion dollars for the first quarter, down about 16 percent from Q4 1948 and 18 percent from the year-ago period. Large corporations bore the biggest declines while small firms with assets under 250,000 gained slightly. profits to stockholders’ equity slid from 18 percent to 14.4 percent for firms over 100 million in assets.
Russia claimed Italy violated a postwar treaty by joining the North Atlantic alliance. Secretary of State Dean Acheson denied the Soviet protest and denounced Moscow.
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