Baruch Reiterates 1946 Inflation Fears and Remedies
Bernard M Baruch, in New York, recalls testimony before Congress in March 1946 warning inflation would surge unless prices and wages are tightly controlled. He urged extending controls for a year, focusing on food housing clothing and transport, plus measures to boost production and curb government spending. Baruch cautioned that price controls alone fail without a broad tax plan and a program to drain excess savings. He also warned against an economic dictatorship and stressed humanities before dollars. He noted current conditions mirror 1946 expectations and predicted several years of rising demand if prudence holds.
MENTIONED IN THIS ARTICLE
OPA
Office of Economic Stabilization
Baruch
Manhattan
Congressional Committee On Banking and Currency
Merce
Supreme Economic Council
Congressional Committee
United States
Teacher Locked In Philadelphia After School Aftermath
Miss Betty Johnston a 38 year old Taggart Elementary teacher remained after hours to mark papers and was locked in the building by the custodian. Police arrived with a ladder but she refused to descend from a 26 foot window until the janitor produced the key, ending the incident.
MENTIONED IN THIS ARTICLE
Philadelphia
Betty Johnston
Taggart
Non-Partisan Action Urged By Senator Morse to Curb Prices
Senator Morse calls for bipartisan action to fight inflation and high living costs. He urges regular cross party talks on domestic and international issues to protect 140 million Americans and stabilize the economy. He proposes a special congressional session and stresses nonpartisanship over party politics.
MENTIONED IN THIS ARTICLE
Morse
Washington
Oregon
G.O.P
America
Frederick Erickson Completes Pilot Training With Honors
Boonville Ind Sept 23 Frederick Erickson completed his pilot training with honors and is assigned to active service relations remain to be announced by authorities.
MENTIONED IN THIS ARTICLE
Boonille
Ind
Frederick Erickson
Young Pilot Defies Law With 14-Year-Old’s Solo Flight
Erickson embarked on a two year solo journey at age fourteen against Indiana rules which require pilots to be sixteen. The report notes his age and the legal gap prompting scrutiny of the case and possible safety concerns.
MENTIONED IN THIS ARTICLE
Erickson
Indiana
Also Mentioned on This Page
James J. Kilgallen
Internatinal News Service
Bernard M. Harwh
Elder Statesman
Kilgallen
Jimmy
Hiester
James L. Kilgallen
Star
New York
Bernard M Baruch
High Court of Com
Hartford
McConaughy
Harold J. Perkinson
Waterbury
Connecticut Board of Examiners
David C. Rasmussen
Household Finance Office
Waccen Bidg
Ind Fleer
Arance
Main Se
John St. Cor
Main & John
P.O
Lesense
Tee
Bensebeth Manese
Ae Prades
Capehart
Erecurt
Cepeher
Georgien
Feirfield Ave
Congres
Oregonian
Truman
Congress
Crystele
John ST. Caen
Willow Run
Kkaiser-Frazer Now
Kaiser and Frazer
United Press News
Kaiser-Frazer
Detroit
Fraser Corp
Ing
New Cares
Turnies Ag
Ford
Chrysler
Seeeking
Kaiser-Fraser
K-F
Danny Henry Kaiser
Mince
Hie
Poms
Unite
United Press
Bie
Tre
Geelers
Barton Meters, Inc
Stamford
South St
Wickersham Meters, Inc
Greenwich
E. Putnam Ave
Harrison Street
K. Edwards
Bridgeport, Conn
Hackett Motor Service, Inc
New Canaan
Forest St
Allen Heliant Auto Sales, Inc
Norwalk
Connecticut Ave
C. Lucas Motors, Inc
Stratford
Barnum Ave
Williams Moters
Devon
Naugetuck Ave
Bodine Motor Car Company
Danbury
New St
Williams Auto Sales, Inc
Westport—Wilton
Tsferacy, Corte
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