19 Jul 1950
Page 1
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Jul 19, 1950
Page
1
President Truman issued orders to tighten credit on federal housing loans and to push for decisive actions to protect residential construction for the war effort. He sent letters to Housing Administrator Raymond Foley and other officials, outlined anticipated material allocations, and signaled a major address to Congress and the nation.
President Truman moved to curb inflation by tightening credit on housing loans as he prepares messages for Congress and the public on the Korean crisis. Cabinet members who reviewed the messages at the White House reportedly welcomed the first report ahead of Wednesday broadcasts.
Senate banking committee to investigate profiteering tied to Korean war as wholesale prices rise and futures swoon. Esso hiked gasoline, tire makers boosted costs, nylon hoarding prompts September output plans while officials warn against scare buying. Consumers face shortages from panic buying despite ample supply.
Chicago entertainer Roland Jamerson claims an auto accident ruined his imitator act after losing his teeth. He sues two hotels for 50000, arguing their negligence caused his dental damage and loss of performance edge.
A half million dollar capital funds drive was launched in Austin to build a new 120 bed St. David’s Hospital. Doctors subscribed more than $100,000 toward a $1.3 million project with expected federal aid and sale of the present building. The drive honors community support with leaders Claude Voyles Max Starcke Joseph Cocke and W J Kocurek backing the effort.
London announces an oil embargo on Red China in response to its role in Korea. A foreign office spokesman says oil stocks in the Far East are needed for Allied forces and will be diverted. The move follows a broader debate on readiness, diplomacy, and a possible exchange with Peiping.
The Agriculture Department outlined two steps to ease cotton cost spikes. It will speed sales of 1948 CCC stock by accepting offers every other day and extend the loan redemption window for the 1949 crop from July 31 to September 30, giving producers two more months to sell on the open market. By July 6, loans covered 1,020,271 bales under price support.
An effort to reach a compromise over Sunday blue laws in Austin emerged Tuesday. Police Chief Thorp distributed a memorandum listing exceptions and signaling enforcement plans while officials eyed a possible injunction to block action. The memo notes allowed businesses and sale restrictions, with a potential gentleman’s agreement to close all shops during church hours.
General MacArthur announced two new US divisions landed in South Korea. The First Cavalry swept ashore at Pohang, about seven miles inland, with 15,000 troops in the first wartime amphibious operation. The 25th Division moved toward Pusan as Taejon’s gates held amid halted ground invasion.
South Austin Lions and Civic Club members pressed City Council to fund widening of the Congress Avenue bridge in an upcoming bond election. City Manager Seaholm argued a low water bridge linking Lavaca Guadalupe and South First Street would cost about half a million and ease traffic, but advocates urged immediate action.
Bread prices edged up in Fort Worth Dallas Marshall Lubbock and Abilene as bakers lifted wholesale costs citing higher ingredient prices. Retail loaf prices rose by one to two cents per size with several brands posting increases while some Dallas shops held firm awaiting further changes.
The Weather Bureau predicted a warm and windy day for Austin on Wednesday with afternoon highs in the mid ninetys. Tuesday saw temperatures in the 90s with a 102 degree reading in Presidio, the Rio Grande hot spot.
Senator Lyndon B. Johnson warned that Korea marks the first battle of a broader conflict between communism and the Western world. He urged all-out military and industrial mobilization to win what he described as the fight for unconditional peace, noting potential further use of the atomic bomb and possible recalls of reserves and National Guardsmen.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.