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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Bonham Daily Favorite
Location
Bonham, Texas, United States of America
Date
Jun 20, 1948
Page
8
The article explains a shift in communication oversight with the Federal Communications Act, noting the Interstate Commerce Commission influence on rail rate matters and the weakening Radio Commission. It praises improved gas communications and the elimination of early messy radio reception benefiting radio station operators and listeners.
The Democratic executive committee in Philadelphia named Senator Alben Barkley temporary chairman and keynote speaker and Representative Sam Rayburn permanent chairman. Mary Norton was nominated chair of the credentials committee. Senator J. Howard McGrath was authorized to assemble a temporary platform draft committee and handle other convention preparations.
The article describes the first major measure regulating railroad securities and bond issuance. Led by James Stephens Hawk of Texas, the finance bill aims to curb issuance and sale of railroad securities, with Tayburn's bill introduced and later approved by the Interstate Commerce Commission.
The narrative reviews Rayburn’s push for farm parity and price supports from Hoover-era lows to postwar policy. It notes cotton prices at various eras, government stockpiling, and the impact of New Deal and World War II measures on farm incomes and credit, plus bills and figures spanning 1932 to 1948. It cites price supports, public works, and banking reforms shaping agricultural profitability and labor.
In Sherman at Perrin Field an event brought together individuals tied to the Jones family as Maj. William Doe Sherman arranged roles for Pierman Jones and related parties during a local gathering at the base.
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