$3 Billion Tax Boost Urged by Truman Administration
Secretary of the Treasury Snyder urged the Senate Finance Committee to add about 3 billion dollars to the House tax bill. He warned the current 7.2 billion dollar boost is insufficient and called for at least 10 billion in extra taxes, focusing on individual income and selective excises. He noted deficit financing may rise and proposed a one percentage point increase in tax rates to raise an additional 1 dollar per 100 dollars of income.
MENTIONED IN THIS ARTICLE
Washington
Truman
Senate
Secretary of the Treasury
Snyder
Senate Finance Committee
House
Congress
Archbishop Groesz Convicted in Hungary Plot
In Budapest, Hungary, Roman Catholic Archbishop Jeszef Groesz was convicted of plotting to overthrow the Communist regime and sentenced to 15 years in prison. One co-defendant, Ferenc Vecer, a Paulician monk, received the death sentence for killing a Russian soldier. five others got 8 to 14 year terms.
MENTIONED IN THIS ARTICLE
Budapest
Hungary
Jeszef Groesz
Ferenc Vecer
Mindszenty
Man Escapes Jailed Drunk Driver In South Dakota
Parker South Dakota reporter says a man identified as Alfred Donarus Morris Minnesota escaped from a jail cell after picking the lock on the second floor of the Turner County courthouse. Sheriff Harvey Nelson said the suspect had been arrested Saturday for driving while intoxicated and predicted he would not stay jailed long. The escape occurred Tuesday night or Wednesday morning.
MENTIONED IN THIS ARTICLE
Parker
S. D
Harvey Nelson
Alfred Donarus
Morris
Minn
Turner County
Wage Board Approves Two Cent Hike for Packers
The wage stabilization board approved another two cent hourly wage increase for packing house workers in Washington.
MENTIONED IN THIS ARTICLE
Washington
Wage Stabilization Board
House Extends Time on Controls To 31 Days
The House Banking Committee voted 21 to 3 for a 31 day extension of the present price control act to give Congress more time to consider a revised law. Without action the current law expires Saturday night risking a collapse of the control program. The Senate plans a new measure but faces a possible filibuster or a clash with the House plan.
MENTIONED IN THIS ARTICLE
Washington
House Banking Committee
Congress
Senate
Sen
Maybank
D-Sc
House
Selling Wave Delivers Sharp Market Decline After Peace Proposal
A selling wave hit the New York market as details of a Russian peace plan were released in Washington. Leaders fell about $3, high priced issues dropped further, volume surged, and ticker tape lagged as prices dropped on the exchange floor.
MENTIONED IN THIS ARTICLE
New York
Washington
Man Found Dead in His Apartment
Erick Person aged 65 was found dead in his apartment at 332% N Main at 2 pm today. County coroner B J Cranwell says death appeared natural. Person lived alone and had been ill since Saturday. he had a heart condition treated by a local physician. The body was discovered by neighbor Philip Ulmen. Survived by sister Mrs Oscar Hallengren of Alta Iowa. Sheriff, police and coroner notified.
MENTIONED IN THIS ARTICLE
Erick Person
N. Main
B. J. Cranwell
Person
Philip Ulmen
Oscar Hallengren
Alta
Iowa
Sheriff's Office
Stassen Returns Home for Vacation Fishing
Harold E. Stassen former Minnesota governor arrived in St Paul with his family on a vacation mainly to fish and not seek news.
MENTIONED IN THIS ARTICLE
ST. Paul
Harold E. Stassen
Minnesota
Iran Premier Mossadegh sends firm support for oil nationalization
In a personal letter to President Truman Mossadegh declares Iran will pursue its nationalization plan with no hint of compromise. He blames Britain for threats to cut oil flows and notes protests over the British cruiser Mauritius and troops in Iraq near Abadan.
MENTIONED IN THIS ARTICLE
Iran
Truman
Tehran
Mohammed Mossadegh
United States
Mr. Truman
Mossadegh
Iraq
Mauritius
Abadan
Anglo-Iranian Oil Co
London
Emergency Oil Supply Plan Is Prepared
American oil firms are drafting an emergency plan with U.S. approval to ship oil to western Europe if Iran's exports are cut by nationalization disputes. The plan aims to cover a large share of demand but not all, with shipments likely from Saudi Arabia, Kuwait, and Venezuela rather than the United States.
MENTIONED IN THIS ARTICLE
Washington
Europe
Iran
U. S
Western
Saudi Arabia
Kuwait
Venezula
United States
Reading Wide Open to Gambling Minister Says
A Reading Pennsylvania minister told the Senate crime committee that horse race betting slot machines and other gambling operate openly with police knowledge. He cited punch boards corner stores widespread bingo ads and that investigators spent six weeks gathering information in a city of 110 000.
MENTIONED IN THIS ARTICLE
Ter
Senate Crime Committee
Reading
James D. Matchette
O’conor
D-Md
UN artillery halts Chinese Red attacks on frontline
Allied artillery smashed repeated Chinese assaults along the central front near Kumhwa and Kum Song. Lt Gen James A Van Fleet warned the Red buildup could signal a new Korean War offensive while North Korea reported limited gains and continued stiff defense across the front.
MENTIONED IN THIS ARTICLE
Clen Clements
Tokyo
James A. van Fleet
Korea
Kumhwa
Tornadic Wind Ravages Austin Area Farms
A storm with tornadic winds struck the Oakland London area causing major damage along Austin Route 8 and surrounding farms. The Walter Brandt barn on Route 3, a 68 by 40 foot structure, was blown down at 2 30 PM. the attached milk house was wrecked, a windmill top toppled, and a house chimney broken. Six trees were felled and 50 chickens were killed after a wind toppled the broader house.
MENTIONED IN THIS ARTICLE
Oakland- London
Austin Rt. 8
Austin
Walter Brandt
Rt. 3
Fred Sistek
Richard Sistek
Roy Scheffel
London
Soviet propose armistice terms limited to military questions
The Soviet Union proposed to the United Nations that Korea armistice talks be held by military representatives of the unified command and the Korean republic with those of North Korea and Chinese volunteer units. The plan aims only at a cease fire and military questions, with political settlement to be decided later by the parties in Korea.
MENTIONED IN THIS ARTICLE
United Nations
Washington
State Department
Russia
Soviet Union
Alan G. Kirk
Gromyko
Moscow
Unified Command
Korean Republic
Malik
Jacob Malik
Kirk
Acheson
Red Wing Newspaperman Lyman Nash Dies at 59
Lyman J. Nash, 59, general manager of the Red Wing Republican Eagle, died after a stroke. A Two Rivers, Wisconsin native, he moved to Red Wing in 1940 and led the Red Wing Daily Eagle after a 1940 consolidation. Surviving are his widow, daughter Marjorie touring Europe, and son Lyman Jr. with the Korea-based armed forces.
MENTIONED IN THIS ARTICLE
RED Wing
Lyman J. Nash
Republican Eagle
Nash
Two Rivers
Wis
Red Wing Daily Eagle
Evening Journal
Berlin
Marjorie
Europe
Lyman, Jr
Korea
Baby Snakes Reported Seen Along Milwaukee Tracks
Neighborhood reports describe a black snake with yellow diamonds and several potential baby rattlers near the Milwaukee railroad tracks by Kaufmann addition. Residents seek expert id while families use the path and fire station hosts several snakes in jars for identification.
MENTIONED IN THIS ARTICLE
Austin
Kaufmann Addition
Roscoe Dial
Monroe
Kinsman Greenhouse Gardens
Auto Industry Begins Layoffs Amid Shortages and Credit Controls
Detroit reports mass reductions as the auto sector trims about 33,000 jobs for an indeterminate period. Chrysler plans to cut 15,000 by Friday with 2,500 more in July. Briggs scales back 6,800 in Detroit and 1,200 in Evansville. Ford lines up 10,000 layoffs from July to October and shifts some plants to a four day week.
MENTIONED IN THIS ARTICLE
Detroit
CIO United Auto Workers Union
Chrysler Corp
Briggs Manufacturing Co
Evansville
Ind
Ford Motor Co
Policeman Foils Burglary Attempt in Danish Suburb
A police officer in Vlaby Copenhagen arrested a man who climbed a villa window on Wednesday night. The suspect claimed he was researching window cleaning and was merely studying a window entry.
MENTIONED IN THIS ARTICLE
Copenhagen
Denmark
Vlaby
Also Mentioned on This Page
Stassen
Kraft
Joseph Kraft
Crookston
St. Francis Hospital
AIOC
Rome
Enrico Mattei
Italy
Ettore Carafa D’andria
Carafa
Mattei
Britain
Black Sea
Cyprus
Israel
Suez Canal
Egypt
Turkey
Basra
Syria
Transjordan
Persian Gulf
Agha Jari
Underworld
Kumsong
van Fleet
Austin Area
Burton Main
Bridge
Jesse Nelson
Brandt Farm
Main
Nelson
Brandts
Joseph Vladislavsky
Brandt
Albert Lea
Charles Lakes
Oakland W&s
Freeborn County
Mower County
A. C. Buesing
Wildwood Park
LeRoy
Lester Prindle
Lyle
C. C. Hansen
Donald Anderson
Marvin Cook
Harrison
Mr. Cook
Kansas
Milwaukee Tracks
Cook
Donald
Harrison Street
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