Truman to Meet MacArthur for Secret Pacific Parley
President Truman will rendezvous with General MacArthur somewhere in the Pacific to discuss the final phase of the Korean War and then deliver a nonpartisan foreign policy speech in San Francisco on Oct. 17 after the talks. A large delegation will accompany Truman by plane to the meeting, which is not disclosed in location.
MENTIONED IN THIS ARTICLE
Washington
Truman
Douglas MacArthur
Pacific
White House
San Francisco
MacArthur
Far Pacific
Charles G. Ross
Mac
Arthur
United States
Omar Bradley
Joint Chiefs of Staff
W. Averell Harriman
Philip C. Jessup
Dean Rusk
Army
Pace
Hawaii
Congress
Roosevelt
South Korea
Korea
United Nations
Formosa
Red China
North Korea
St. Louis
E.S.T
Hickam Air Base
Honolulu
Civic Opera House
US Agency Explains Credit Curbs on Housing
The Federal Housing and Home Finance Agency outlined how new home mortgage credit controls will operate to curb inflation in housing and trim 1951 homebuilding. It details loan limits above 2500 dollars, 18 month maturity, down payment rules, and exemptions, with administration shared by Federal Reserve, FHA, VA, and USDA. Veterans receive a smaller down payment and higher loan caps, typically a 10 point edge for homes under 12 000 dollars.
MENTIONED IN THIS ARTICLE
Federal Housing and Home Finance Agency
Wry
Board of Governors
Federal Reserve System
Federal Housing Administration
Veterans Administration
Department of Agriculture
Housing and Home Finance Administrator
Truman
Federal Reserve Board
Federal Housing Authority
Federal
Raymond M. Foley
Thomas B. McCabe
Government restricts cotton exports to non Canada markets
The Agriculture Department ordered limits on cotton exports to all nations except Canada, set at 2,000,000 bales for eight months ending March 31 with Canada shipments extra. If sustained, the 12 month total outside Canada would reach 3,000,000 bales, with overall exports including Canada capped at 4,000,000.
MENTIONED IN THIS ARTICLE
Canada
Agriculture Department
Department
Commerce Department
United States
Rains Drench Vera Cruz As Storm Nears
A Gulf hurricane near Vera Cruz Port drenches the city with high winds and rain. The storm center lies offshore about 25 miles with winds 90 to 110 mph. Power failure hits the city as vessels seek shelter and flights from Havana Merida and Vera Cruz to Mexico City are canceled.
MENTIONED IN THIS ARTICLE
Vera Cruz
Mex
Vera Cruz Port
Progreso
Clipper Lines
Corona
Bertha
Punta Delgada
Veracruz
Government
Mexico City
Gulf of Mexico
Nautala
Havana
Merida
Weather pattern holds with warm days and cool nights
Austin’s weather for Wednesday and Thursday remains similar to recent days as a Weather Bureau spokesman says. expect continued warm sunny days and cool nights with temperature swings between 85 and 55 degrees.
MENTIONED IN THIS ARTICLE
Austin
Weather Bureau
Free lecture by Louis Bromfield at Coliseum October 31
Writer-farmer Louis Bromfield will speak at the Coliseum under the Capital Area Farm and Ranch Club sponsorship. Admission is free but tickets are required. Also notes UT football praise and a brief child story fragment from pages 1B and 16.
MENTIONED IN THIS ARTICLE
Louis Bromfield
Capital Area Farm and Ranch Club
Coliseum
Reuben
Half Acre
Inflation era housing curbs limit down payments to curb inflation
The government announced Regulation X restricting credit for new single and two family homes. Minimum down payments range from five to fifty percent with 20 year mortgage terms. Veterans benefit for homes under 5000 dollars. higher priced homes require larger down payments. Exemptions exist for cheaper houses under 7000 dollars.
Chinese Communists Warn Against Invasion
In Tokyo on October 11 the Communist New China News Agency repeated Premier Chou En Lai’s warning that China cannot stand idle as Korea is invaded and urged the United States to stay out of North Korea. China said it has never been afraid to oppose aggressive war.
MENTIONED IN THIS ARTICLE
Tokyo
China
United States
North Korea
New China
Choi En-Lai
Korea
Truman Names Ching To Head Wage Controls
President Truman appoints Cyrus S. Ching as chairman of the wage stabilization board created in the Economic Stabilization Agency. The nine member board includes public labor and business reps. Ching will serve temporarily and return to conciliation service afterward.
MENTIONED IN THIS ARTICLE
Washington
Truman
Cyrus S. Ching
Wage Stabilization Board
New Economic Stabilization Agency
Ching
Government Conciliation Service
White House
Charles G. Ross
Conciliation Service
Alan Valentine
Economic Stabilization Agency
Valentine
Ross
First Cavalry Hones In On Pyongyang Frontline Move
North Korea rejects UN surrender demands and vows to fight on while South Korean forces advance toward Pyongyang. The US First Cavalry drives to within 85 air miles of the capital as Red defenses stiffen along a 30 mile front east of the unit. Two NK divisions totaling about 20,000 troops mount stubborn resistance.
MENTIONED IN THIS ARTICLE
Tokyo
United Nations
Korea
Wonsan
Pyongyang
Army Seeks 40000 More Draftees for December
The Defense Department sent to selective service a December draft call for 40,000 additional draftees aged 19 to 25. The move lowers the six month October 1 start goal to about 300,000 with a December total of 210,000 already requested. The plan aims to reach roughly 1.5 million total by next spring while Korea era mobilization continues.
MENTIONED IN THIS ARTICLE
Selective Service
Defense Department
Army
Truman
National Guard
Pres. Truman
Govalle City Dispute Centered on Incorporation Plan
Govalle residents at Govalle School heard a compromise proposal linking incorporation plans to a nonannexation pledge until a majority vote. Spokesman Ralph Wolfe claimed 75 percent support to withdraw the petition, while City Manager Walter Seaholm outlined costly utilities needs and sewer upgrades facing Govalle.
MENTIONED IN THIS ARTICLE
Govalle
Ralph Wolfe
Govalle School
Tom Johnson
Wolfe
Walter Seaholm
Trueman O’quinn
O’quinn
O'Quinn
Seaholm
Daniel to Lead State Workers Chest Drive in Austin
State employees were urged to contribute to the Austin Community Chest with Attorney General Price Daniel as chair. Governor Shivers praised Daniel and Miller outlined a goal of 15 000 to 16 000 dollars from state workers to support welfare agencies and children’s services in the capital.
MENTIONED IN THIS ARTICLE
Daniel
Austin
Price Daniel
State Department
Allan Shivers
May
Tom Miller
Everett Anschultz
Texas Public Employer Association
University of Texas
Milley
Shivers
Belton
Community Chest
Anschultz
Pirtle Watts
Employer’ Association
Miller
Aubrey Elliott
Community Council
Bud
Life Firms First 100 Percent Donors in Chest Drive
Two life insurance agencies achieved 100 percent employee participation in the Community Chest campaign. Western Reserve Life Insurance, Nash Building, led the group with triple last year’s total, followed by Metropolitan Life Insurance at the Perry Hotel.
MENTIONED IN THIS ARTICLE
Western Reserve Life Insurance Company
Nash Building
Metropolitan Life Insurance Agency
Perry Hotel
Austin Life
Community Chest
Western Reserve
Also Mentioned on This Page
Kored
First Cavalry
Associated Press
Max Desfor
M’arthur
Boca del Rio
Williamson
Purdue
Notre Dame
Tommy
Centex
Peace Society
Seenee
Teeneeeeaee
Peewee
Lake Superior
Sault Ste. Marie
Mich
Donald Cole
Myrna Benson
Pauline Parady
Pauline
Red
Kim Il Sung
Red Army
People’s Army
Kim
Russia
Vladivostok
Far East Air Force
George F. Stratemeyer
Jorden
Kaesong
Govalle City
BY Tom Whitehead
Life Firms
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