Government Run Enterprises Outpace Private Industry
George E. Sokolsky argues postwar policy must shrink government corporations as private firms cannot compete with tax-backed entities. He lists numerous agencies with assets over 32 billion dollars and deficits over 5 billion, noting lack of SEC oversight and independent governance. He warns of the emergence of a vast public sector and urges restructuring or liquidation under a new administration.
MENTIONED IN THIS ARTICLE
George E. Sokolsky
Congress
Act of Congress
Pople
United States Spruce Production Corporation
Cooperative Commodity Corporation
Farm Credit Administration
Agricultural Marketing Act
Farm Security Administration
Federal Farm Mortgage Corporation
Federal Crop Insurance Corporation
Federal Intermediate Credit Banks
Federal Land Banks
Federal “Uplus Commodities Corporation
Rural Electrification Administration
Tennessee Valley Associated Cooperatives, Inc
Federal Public Housing Authority
Federal Works Agency
Public Works Administration
General
Disaster Loan Corporation
Electic
Export-Import Bank of Washington
Federal Deposit Insurance Corportion
Federal Savings and Insurance Corp
Reconstruction Fi—Nce Corporation
The
RFC Mortgage Company
Home Financing and Insurance
Federal Home Loan Banks
Federal Housing Administration
Federal National Mortgage Association Home Owners’ Loan Corporation
United States
Roosevelt
Dewey
Weather and Town Meeting Ad At Night
Amarillo and vicinity forecast fair with mild days and slightly cooler nights. West Texas and New Mexico expect fair skies and little temperature change with highs 85 to 95 and lows 45 to 60. Tonight America’s Town Meeting of the Air debates whether the Political Action Committee aids or harms democracy, 7 30 sponsored by Readers Digest on KFDA.
MENTIONED IN THIS ARTICLE
Amarillo
West Texas
New Mexico
America
Political Action Committee
Reader's Digest
KFDA
Advt
Japs Fortify 1200 Mile China Coast As Invasion Looms
Japanese forces rush reinforcements and fortify a 1200 mile coast from Shanghai to Hainan Island in two campaigns to crush Chinese troops. Center of fortress area lies opposite Formosa with heavy activity near Shanghai and Canton Hongkong. Allied control grows on Palau Islands as Peleliu capture nears and Angaur falls.
MENTIONED IN THIS ARTICLE
Leonard Milliman
Associated Press
China
Formosa
Shanghai
Hainan
Canton-Hongkong
Palau Islands
Peleliu
Angaur
Palau
Ngarmoked
Tank War Hits Peak in Alsace Lorraine Engagement
Adolf Hitler committed mass armored units to oppose the U S Third Army in a three day battle near Nancy and Chateau Salins. The clash produced the destruction of 105 Navi tanks as American artillery barrages the Tiger and Panther tanks dug near Bures 18 miles northeast of Nancy.
MENTIONED IN THIS ARTICLE
Alsace-Lorraine
Adolf Hitler
France
Bures
Nancy
Chateau-Salins
First Army Breaks Through Nijmegen Arnhem Front
Allied forces push toward the Rhine with Lt. Gen. Hodges First Army crossing toward Aachen and Scharpenseel, while Patton’s 3rd Army advances near Metz. British armor moves to aid airborne troops at Arnhem as heavy fighting rages across Nijmegen and Stolberg.
MENTIONED IN THIS ARTICLE
U.S. Eighth Air Force
Rhineland
Mainz
Coblenz
Ludwigshafen
Holland
Supreme Headquarters
Courtney H. Hodges
First Army
Hurtgen
Aachen
Nijmegen
Arnhem
Berlin
BBC
Stewart MacPherson
Main Highway
Germany
Scharpenseel
Belgium
Reich
Stolberg
George S. Patton
3Rd Army
Metz
Nancy
Nijmegen-Arnhem
Siegfried Line
Rhine
United Press
Richard D. McMillan
McMilland
Nijmegan
Niksmegen
Eindhoven
Turnhout
Groot Bosch
1St Army
Pate Ton
Moselle
Saar
Sillegny
Chateau Salins
Boulogne
Calais
Callais
Marines Assault Japanese Cave Fortresses on Pelleling Ridges
Allied front dispatches report Marines pressing a brutal assault on a line of well-fortified Japanese cave positions on Pelleling ridges. First and Seventh Marines suffered considerable casualties as battles raged in terrain described as harsher than Tarawa Guadalcanal and Saipan. Richard W. Johnston, UPI war correspondent, filed from Palau.
MENTIONED IN THIS ARTICLE
Allied
Southwest Pacific
Pelleling
Tarawa
Guadalcanal
Saipan
Richard W. Johnston
United Press War
Mt. Aneorene
Palau
Admirals Nimitz announce Peleliu victory and Davao raid
Webley Edwards reported on a Blue Network broadcast that Marines killed 7645 Japanese on Peleliu as nearly all but a narrow northeast strip was captured. Six hundred miles east of Palau 50 Liberators struck Davao Mindanao burning air drome barracks and depot amid clear weather.
MENTIONED IN THIS ARTICLE
Peleliu
Nimitz
Webley Edwards
Palau
Davao
Mindanao
Philippines
Tokyo Radio
Lungling
China
Ledo
Burma
Claire L. Chennault
Formosa
The Road To Berlin Front Distances By Frontlines
The Associated Press lists distances to Berlin from key fronts: Western Front 305 miles from near Arnhem, Russian Front 312 miles from outside Pulatsk, Italian Front 580 miles from 25 miles below Bologna. Lumber ad for John Maynard Lumber Co. 800 W. 5th.
MENTIONED IN THIS ARTICLE
The
Associated Press
Arnhem
Pulatsk
Bologna
John Maynard Lbr. Co
W. 5Th
Fifth Army advances toward Futa Pass in rain
American forces push toward the Futa Pass through the Appennines as German divisions shift from the west amid heavy rain. Fifth Army units seize five mountain peaks near Santa Lucia and move toward Pietrasanta on the Lucca-Massa corridor, with Camaiore recently taken by Brazilian troops.
MENTIONED IN THIS ARTICLE
Florence
Futa Pass
Appennines
Italy
U. S Fifth Army
Santa Lucia
Fifth Army
Ligurian Sea
Pietrasanta
Lucca- Massa
Viareggio
Camaiore
Officer Sends Wife the News From France
Mrs. Lester A. Peterson of 2033 A Hughes Street reads Le Franc Tireur de Chabandeau dated Aug 27 sent by her husband an infantry lieutenant after Paris liberation. He persuaded a Frenchman on a Normandy road to let him have the paper. Mrs. Peterson lives with his sister. mother is Mrs. Joan Hanson of Topeka Kansas.
MENTIONED IN THIS ARTICLE
Lester A. Peterson
Hughes Street
Paris
Peterson
Normandy
Eisenhower Returns to Duty After War Strain
From Paris the report says General Eisenhower has recovered from serious strain and is returning to full duty. CBS notes Allied forces are over a month ahead of schedule for operations, with focus on supply lines and advancing toward Berlin as Ike moves with his armies to newly established camp on enemy soil.
MENTIONED IN THIS ARTICLE
Mueller
CBS
Berlin
Ike
London
Italy
Rome
Pietro Caruso
Caruso
Medal of Honor Awarded Posthumously to Roosevelt
Secretary of War Henry L. Stimson presented to Mrs. Roosevelt, Jr., the Congressional Medal of Honor for Brig. Gen. Theodore Roosevelt Jr. His award, recommended before his death in Normandy on July 12, 1944, honors his gallantry and intrepidity on D-Day in France.
MENTIONED IN THIS ARTICLE
Washington
U.P
Henry L. Stimson
Roosevelt, Jr
Pres
Theodore Roosevelt
France
War Department
Roosevelt
Normandy
Big Rocket New Peril
London reports neutrals claiming to have seen the Nazi V-2 secret weapon. They describe a five foot diameter, fifty feet long projectile with a ton of explosive and nine tons of fuel, a long range weapon with a very high trajectory and potential to strike targets hundreds of miles away.
MENTIONED IN THIS ARTICLE
London
Neutral Countries
Fall Expected But Heat Grips City With Record Temps
The forecast says fall opens tomorrow yet temperatures hit 96 yesterday, the all time high for Sept 20. Weather outlook shows no relief from the heat for several days with only cooler nights expected.
Hitler Living in Train Report From German Travelers
CBS broadcaster Howard K. Smith cited German travelers who said Hitler now resided in a heavily armed special train that travels between stations by day and rests in guarded tunnels at night. He reportedly leaves only for forest walks between stops. WV Appointment. books and desk calendars. Russell Stationery Co.
MENTIONED IN THIS ARTICLE
New York
CBS
Howard K. Smith
Bern
Germany
Hitler
Smith
10 Tires Stolen At Jenkins Station
Ten new automobile tires worth 250 dollars were stolen from a washroom at Jenkins No Stop Service Station last night. Brig. Gen. James E. Wharton, a U S Army general, was killed by a German sniper on August 12 while commanding an infantry division. He was born in Elk, New Mexico.
MENTIONED IN THIS ARTICLE
Jenkins
U. S
Paris
James E. Wharton
Elk, N. M
Red Army closes Baltic campaign as Riga and Tallinn come under pressure
Izvestia states four Russian armies drive a 200 mile Baltic thrust, with Gen. Ivan Bagramian near Riga and Marshal Leonid Govorov pushing toward Tallinn. German forces suffer encirclement and heavy bombardment as Soviet fronts tighten their lines.
MENTIONED IN THIS ARTICLE
Moscow
U.P
Izvestia
Red
Baltic States
Baltics
Ivan ©. Bagramian
Riga
Leonid A. Grovorov
Tallinn
Ivan Maslennikov
Wales
Andre I. Yeremenko
Govorov
Estonia
Also Mentioned on This Page
Globe
U. S. Weather Bureau
Pacific
Texas
By Wes Gallagher
Caen
Tank
Westwall
Neely-Greenhill-Lowndes Insurance
Eisenhower
Merrill Mueller
Russell Stationery Co
Jenkins Station
Baltic
Gulf of Finland
Lake Rene
Goverer
Tartu
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