Big Deficit Prompts Expert Fears of Inflation and Instability
Former advisor Dr. Edwin G. Nourse warned a two year 10 billion dollar deficit could fuel inflation and dollar instability. He urged targeted cuts and deferral of Truman programs to restore fiscal balance and criticized past spending trends.
MENTIONED IN THIS ARTICLE
United States
Edwin G. Nourse
President's Council of Economic Advisers
Nourse
Economic Council
Truman
Dr. Nourse
Mr. Roosevelt
Truman Signs 75 Cents Minimum Wage Law and Monopolies in News
The nation enforces a 75 cent per hour minimum for interstate workers, with Truman praising the act as just and promising oversight through Secretary Tobin. Union leaders call for raising the wage to one dollar and broader coverage, while projections show about 1.4 million workers gain raises and costs to employers near 300 million dollars annually. Separately, the FCC wins a court ruling against a single news monopoly, with the Mansfield and Lorain Journal cases rejected for licenses due to coercive advertising practices and potential mass news control.
MENTIONED IN THIS ARTICLE
Truman
Congress
Mr. Truman
CIO
Tobin
South
Mansfield
Ohio
Lorain
FCC
Mansfield Journal
Samuel A. Horvitz
Isadore Horvitz
FEPC Bill Stalls as Southern Filibuster Rises
President Truman faces a southern led filibuster in the current congress over the fair employment practices commission bill. Sam Rayburn, the administration’s House leader, twice blocks FEPC by pushing Alaska and Hawaii statehood measures to the fore.
MENTIONED IN THIS ARTICLE
Truman
Sam Rayburn
Rayburn
House
FEPC
Alaska
Hawaii
Hiss Trial Verdict Surprises and Soviet Blockade Echoes
The jury found Alger Hiss guilty on two counts of perjury in his trial over passing State Department papers to Whittaker Chambers. The case raises questions about espionage, legality, and Cold War tensions, as authorities note possible appeals and discuss Berlin airlift implications and Soviet tactics. Mrs. Alben Barkley is pictured sewing for the Red Cross at a Senate event.
MENTIONED IN THIS ARTICLE
Dean Acheson
Formosa
United States
Acheson
China
Alger Hiss
Hiss
Whittaker
Chambers
Communist Courier
Time Magazine
State Department
Berlin
Reich
America
Alben W. Barkley
Washington
Red Cross
Capitol Hill
Senate
Sutton proposes money redesign to trap tax dodgers
Representative Sutton of Tennessee urges Treasury to change color and design of currency and set a single exchange day to catch tax dodgers amid broad charges that federal revenue is too low.
MENTIONED IN THIS ARTICLE
Sutton
Tenn
The
Treasury
Pretty Date Dress and Dainty Aprons in Spring Fashion
Read about Pretty Date Dress for juniors with soft neckline draping and a narrow bow belt. Pattern No 3169 offers sizes 11 to 18 with yardage for size 12, while Pattern No 3188 covers additional sizes. Also notes Swiss watchmaking employment and fabric tips for spring and summer sewing.
Three-in-One Cabinet To Grace Living Room
Pattern 300 provides directions for building a compact three in one cabinet for radio record player and albums with a sliding shelf to fit the machine. Pattern 25c. Drawer 10 Bedford Wills New York. The Automobile Manufacturers association notes Duryea first built and operated a gasoline engine vehicle with electric ignition and spray carburetor in Springfield Massachusetts on Sept 21 1893.
MENTIONED IN THIS ARTICLE
Automobile Manufacturers Association
United States
Springfield
Mass
J. Drank Duryea
Also Mentioned on This Page
U.S
Western Newspape
Reuter
News Agency
Associated Press
Radio News
Federal Communications Commission
United States Court of Appeals
Donald R. Heath
Bulgaria
F Rostov
Bulgerin
FEPG
Sehd
Sewing Circle Pattern Dept
ARC
Switzerland
Bedford Wills
New York
Alitile
Wonder Whipper
Wesson Oil People
Matty
Strolla
P. O
N.Y
Zane News
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