Weekly News Analysis on Atomic Pact and Industry Shifts
France and Canada urge an atomic pact while Britain’s labor moves fast under a speedup rule. General Motors sets an industry dividend benchmark as the piece reviews labor and policy shifts shaping postwar markets.
MENTIONED IN THIS ARTICLE
France
Canada
G.M
Atomic Pact Draws Mixed Support from UN Body
France and Canada urged a broad atomic pact to ban use and control energy, asking all nations including the Soviet Union to forego sovereignty in favor of security. The 59 nation UN political committee supported the appeal, though Soviet Russia had yet to respond, making the proposal a guarded gesture with uncertain impact.
MENTIONED IN THIS ARTICLE
France
Canada
Soviet Union
UN General Assembly
Russia
First Bomb Weight Claim Stirring UN Debate in Haiti
Stephen M. Alexis of Haiti claimed at a United Nations session that the first atomic bomb weighed a ton while noting unofficial figures from a scientist. He projected a smaller bomb within three to four years for smaller nations and urged renewed General Assembly support for atomic control and open talks among the Big Five and Canada. Sir Bengal N. Rau proposed an international law commission study for a world declaration banning the bomb and regulating atomic energy, though official circles say the French-Canadian plan reaches the limit of current majority backing.
MENTIONED IN THIS ARTICLE
Stephen M. Alexis
Haiti
United Nations
Alexis
Ors
General Assembly
Canada
Sir Benegal N. Rau
India
Dief
Guthiming
International Law E Commission
General Motors declares record dividend and debt payoff
General Motors announced the largest cash dividend in U.S. industry history. It will pay $190,436,055 to 436,005 stockholders, equating to $4.25 per share on outstanding stock, while boosting the year’s declared common stock to $8 per share. The company also plans to retire its long term debt of $125 million ahead of schedule decades early.
MENTIONED IN THIS ARTICLE
General Motors Corporation
General Motors
Pan American Westward Ho Sets New Speed Record
Pan American Airways claims a new commercial speed record with the Westward Ho flying London to New York in 9 hours 12 minutes, aided by favorable winds. The flight carried 21 passengers and a crew of 10, following a 9 hour 21 minute NY to London run a day earlier. The report also notes union views on speed contests and England's move to link wages to production rather than the price index in response to higher living costs.
MENTIONED IN THIS ARTICLE
Pan American Lines
London
New York
Robert D Fordyce
Jackson Heights
N .Y
Westward Ho
Great Circle
Pan American
Unidén
England
U 5
Atlee
Hmself
Gold Hoard at Fort Knox Confirmed by Mint Official
Leland Howard, assistant director of the U S Bureau of the Mint, personally inspects the Fort Knox gold hoard annually and reports more than 12 000 tons of gold stored there. This amount accounts for over half of the government’s 24 billion dollars in gold reserves under lock and key.
MENTIONED IN THIS ARTICLE
Tihzens
Uncle Sam
Fort Knox
Leland Howard
U.S Bureau of the Mint
Ft. Knox
Oldsters Attitude Link Crankiness to Health
University professor Albert R. Chandler presented findings from 503 reports by students and young professionals observing people aged 50 and older. He argued irritability in old age correlates with poor health, not age itself, at the second annual meeting of the gerontological society.
MENTIONED IN THIS ARTICLE
Univ State University
Albert R. Chandler
Gerontological Society
Chandler
Soviet Leader Warns on World War and Atomic Power
In a Moscow broadcast marking the Bolshevik anniversary, Georgi Malenkov boasted of Soviet atomic capability and warned that a third world war would destroy world capitalism rather than individual nations. He urged peace, argued atomic energy will aid progress, and accused the U S of plans to enslave the world, though many doubt Russia has a ready atom bomb.
MENTIONED IN THIS ARTICLE
Russia
Soviet
Moscow
Georgi N. Malenkov
Malenkov
United States
Hitler
Tanaka
Stassen Attacks Truman In Minnesota Campaign
The 1950s political fray intensifies as Harold E. Stassen accuses President Truman of vicious statements and jeers at his Jefferson cloak metaphor. Stassen, Univ. of Pennsylvania head, pledges GOP bid, praises Congress for opposing Truman on Brannan farm plan and OPA retention amid postwar power concerns. A separate note mentions a California Ireland row over a claimed Blarnney stone theft and Alger Hiss’ New York trial scene.
MENTIONED IN THIS ARTICLE
Minnesota
Harold E. Stassen
Minneapolis
Harry Truman
Stassen
University of Pennsylvania
Truman
St Paul
Jefferson
Congress
Brannan Farm
Alger Hiss
New York
Hiss
Geese Infest Michigan Farm Attracts Many Sightseers
Near Allegan Michigan farmer Andrew Degens faced a geese invasion as nearly 18 000 Canadian geese fed in his grain fields. The loud flock drew about 5 000 spectators who watched up to 4 000 birds lift into the sky in black clouds above the farm.
MENTIONED IN THIS ARTICLE
Allegan
Mich
Andrew Degens
Two Piece Frock for Year Round Wear Pattern 1823
A youthful two piece frock suited for year round wear with short or three quarter sleeves. Pattern No 1823 offers sizes 14 through 20 with yardage details and a fall winter fashion feature. Includes pattern insert and price. widow epitaph mishap leads to comma splice on stone reading Thou art at rest til we meet again.
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