28 Jan 1948
Page 1
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Newspaper
Atlantic News Telegraph
Location
Atlantic, Iowa, United States of America
Date
Jan 28, 1948
Page
1
Fragmentary OCR notes show advertising rates and delivery terms for Atlantic News Telegraph. Mentions a one year rate, delivery charges, paper copies, and inquiries to the office. Text is garbled with names and dates unclear.
A Washington Merry Go Round column by Drew Pearson covers Eisenhower remarks at MacArthur hearing and GOP maneuvering. It notes Truman administration, the CAB, landis, Morse, and Flanders humor amid Senate warfare.
Fragmentary OCR blends a Edgar A Guest poem with stray notes on effort and kindness and a warning about driving carefully. It includes a motor vehicle incident mentioning a total loss of $2,006,002 and a reference to a planned decision and puppets.
Des Moines Iowa January 23 Oscar Heline of Marcus president of the Farmers Grain Dealers association of Iowa urged support for the Marshall Plan to rehabilitate Europe. He told the association convention that Iowa farmers should bend every effort to aid hungry and bankrupt people of Europe.
Charles B. Driscoll pens a caustic critique of London and New York, accusing English elites of exploiting American grain and hospitality while mocking American civility. He deplores urban decay in both cities, claims Britain should halt socialist policies, and ends with a sharp farewell.
Washington charges the administration is steering government hiring toward military control. Senator Kista said unless the trend stops the people will lose a voice in a representative system. He noted the Senate Armed Services Committee rejected a plea to allow Maj. Gen. Laurence Ruter to head the Civil Aeronautics Board while retaining army status. Pedestrians are advised to wear white at night.
Washington January 28 Republicans on the House Ways and Means Committee said taxes could fall by six and a half billion dollars while the government can still pay twenty one billion in national debt over the next two fiscal years. The 15 members announced after reporting Rep Knutson’s tax slashing bill, based on a planned twenty five million dollar cut in the budget. Democrats warned the Wil bill risks deficit spending and threats to fiscal security and international duties. House debate on the tax measure starts tomorrow with a Monday vote and mass meetings planned for party leaders to mobilize for the tax battle.
Des Moines Iowa January 28 1948 total deposits of Iowa 55 state chartered banks as of December 31 1947 rose above one billion dollars since 1941. The consolidated statement shows total resources at 1 694 064 024 a 152 500 000 gain from 1946 and 1 105 060 000 above 1941. State Superintendent N P Black said the banks were in the best con-
Pelon argues banks hold back inflationary lending noting a total loan increase of 52 million dollars in one year and 44 million since World War III began, signaling tighter credit conditions.
Harvard transportation director George P. Baker rejected the chairmanship of the Civil Aeronautics Board after President Truman offered the post. Baker cited a $10,900 annual salary as insufficient to support his wife and four children.
Anita-Lufe Koob relocates his real estate office from the Paget building east of Rogers barber shop to a rear room in the Anita State bank building, the former Bell dry cleaning site.
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