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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Apr 22, 1950
Page
12
Thomas C. Blaisdell predicted the Japanese yen will be convertible into foreign currencies within 24 months. He noted frozen yen holdings by American businessmen and investors, and said Japan must balance its trade so imports do not exceed exports for easy conversion.
A Liberty Bell replica sailed from France to New Jersey and will be distributed to 2500 cities as part of a government savings bond drive. The Excalibur brought 13 bells to New York harbor while navy band welcomed the ship. The copies were funded by six American copper companies and built in France.
Dudley D. Early Ag presents The Outlaw at Paramount with Howard Hughes producing and directing. Walter Huston shines as Doc Halliday while Jack Beutel’s Billy the Kid underwhelms. the film departs from history and ends with Billy and Jane Russell riding off, leaving his death in legend.
Review lauds Dear Wife as a worthy sequel with the same cast and director. Mona Freeman stirs family life by a petition to nominate her brother in law for state senator, spurring marriage strains and broad comedy led by Billy DeWolfe.
The Air Force said additional B29 bombers sent to England will be modernized before delivery, as have four already flown to Britain. Engines are being upgraded at Tinker AFB Oklahoma City, with some planes pulled from storage or US units and replaced. The total number to Britain is not yet announced, but reports say about 70 aircraft.
A second unexplained explosion occurred near Dayton on Friday about 12:15 PM, a day after the first blast, with rumors and calls flooding newspapers and stations. Officials at Wright-Patterson Air Force Base denied awareness of the incidents, and origins remain unconfirmed.
The University of California Board of Regents settled a long dispute over a non Communist oath for employees. The compromise rejects the oath and uses contract letters disavowing communism. Faculty leaders welcomed the decision with 21 votes to 1 supporting the plan allowing hearings for dissenting faculty.
Belgium faces a political pivot as King Leopold agrees to remain abroad while Prince Baudouin serves as interim ruler. Socialist leaders previously blocked Leopold's return, seeking a permanent transfer of power, with coalition talks among Liberals and Social Christians ongoing and a possible 18 day turnover if all parties approve.
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