Cease Fire Talks Resume in Korea and Wage Control Debates
Negotiations in Kaesong resumed as Communist leaders pledged to keep the area neutral amid UN urged compliance. Truman signs a new price control law with warnings on inflation and hints at wage adjustments for cost of living. West Point dismissals spark national debate on the academy's honor system while food price concerns and defense funding dominate the news. Polio fund drives plan annual campaigns to support treatment and research.
MENTIONED IN THIS ARTICLE
Korea
Kaesong
Matthew B Ridgway
Kagsong
Yieston
Kote
Aegoticians
Ales
Truman
Congress
Wage Stabilization Board
Onte
West Point
Hhiatirg
Military Academy
Frederick A
Agade
Defense Bonds: Little Savers Lead Defense Bond Purchases
Treasury data show in early 1950s five months sales of $25 and $50 defense bonds rose 11 percent versus the prior year, while $1,000 bonds fell 39 percent. Officials blame investor shifts to real estate and stocks and announce a full national defense bond drive to boost small bond sales.
MENTIONED IN THIS ARTICLE
Treasury
Defense
Treasury Department
National Defense
Only One Out of Four Actually Wants to Retire
A Northwestern National Life Insurance survey of 2000 male policyholders shows only 24 percent seek a leisure retirement at 65 while 39 percent want to cut hours or switch to lighter work and 87 percent would continue in their current jobs if allowed. Younger men favor full retirement more than those aged 40 to 59, but most prefer to remain useful, with a modest supplementary retirement income deemed sufficient.
MENTIONED IN THIS ARTICLE
Northwestern National Life Insurance Company
Riley
Carmelita Don’t Think About It and a Retiree Survey
A profile of Carmelita Mardwicke Carmelita is a former silent film child star now a widow hosting a television show and promoting her memoir Dont Think About It The piece notes her Hollywood connections and her ambition to return to film while highlighting the book as a source of wisdom from tragedy. It also surveys a retirement planning study showing how older workers plan to use leisure time for charity travel and small businesses, with varied attitudes toward retirement.
MENTIONED IN THIS ARTICLE
Aarmel Myers
Hollywood
Carmel
Grassroots clash over Congress power and administration
A Connecticut era column argues that the people’s representatives in Congress are the true authority, detailing repeated instances where the Administration ignored or blocked congressional will. It cites aid to Nationalist China, Air Force expansion, radar stations, and defense funding, urging action to curb bureaucratic payrolls and restore constitutional balance.
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Congress
Senate
House
China
Acheson
Oavasts
Stalin
England
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