Political stir over RFC lending influence and Senate probe
A senate banking subcommittee accuses White House influence shaping RFC lending amid a publicized clash. President Truman reveals a 700 to 900 letter file from congressmen on loan reviews, prompting backlash from lawmakers. The dispute signals a long, mudslinging fight shaping federal politics and college basketball bribery probes.
MENTIONED IN THIS ARTICLE
Senate Banking and Currency Committee
White House
R.fc
Truman
RFC
Executive Branch
Congress
Republican split over Europe policy and 22nd Amendment
The article notes a rift within the GOP over sending troops to Europe with testimony from Harold Stassen and Governor Dewey opposing limits on presidential authority. It highlights Dewey and Stassen urging administration support for Eisenhower’s plan and details the 22nd Amendment ratification context and scope, including exemption for Truman.
MENTIONED IN THIS ARTICLE
Republican Party
Europe
Harold E. Stassen
Thomas E. Dewey
Senate Foreign Relations and Armed Services
Dewey
Stassen
Kenneth S Wherry
Nebraska
Robert A. Taft
Ohio
America
Eisenhower
Senate
Wherry
Congress
Don t Blame Us American Farmer on the Defensive
The American farmer defends against price controls and is portrayed as the target of higher food costs. Farm editors in the Midwest urge housewives to stop buying meat to pressure lower prices, arguing handlers and retailers reap the major share of increases.
MENTIONED IN THIS ARTICLE
Midwest
Operation Killer details in Korean War push
United Nations forces led by Lt. Gen Matthew Ridgeway conducted a limited offensive named Operation Killer aiming to reduce Chinese numbers. The clash showed a stalemate where Chinese manpower and U S firepower balanced, with China appearing to take heavier losses as UN delegates sought renewed peace talks.
MENTIONED IN THIS ARTICLE
United Nations
Korea
U.N
Matthew Ridgeway
Ridgeway
U.S
Mao Tsetung
Senate approves atom age navy modernization program
The Senate unanimously approved a 2 358 092 000 navy modernization bill sending it to President Truman. It would authorize a 57 000 ton super carrier for atom bomber missions and the navy could buy about 140 new warships while converting 292 others. General Omar Bradley reluctantly backed a draft bill lowering induction age to 18 and extending service from 21 to 26 months to reach 3 500 000 armed by July 1.
MENTIONED IN THIS ARTICLE
Senate
House
Truman
Omar Bradley
House Armed Services Committee
Bradley
Senate panel approves three month rent control extension
The senate banking committee approved a three month stopgap extension of federal rent laws covering 7 million homes. The measure would keep federal ceilings in place until June 30 unless communities choose to abolish them.
MENTIONED IN THIS ARTICLE
Senate Banking Committee
Committee
Senate
Truman Considers Senate Return After White House Term
Speculation in Washington centers on President Truman possibly seeking his old Senate seat when his term ends January 20 1953. Friends say he is seriously considering a return to the Senate where he served ten years, though decisions are not expected until early next year.
MENTIONED IN THIS ARTICLE
White House
Utah
Nevada
Truman
Congress
Washington
Senate
Stassen Urges Prompt Rearmament for Ike Support
Harold E. Stassen, president of the University of Pennsylvania, testified before the Senate Foreign Relations and Armed Services committees urging drastic and definite support for General Dwight Eisenhower through prompt rearmament of Western Europe. The former GOP presidential aspirant framed his plea as essential to allied strength.
MENTIONED IN THIS ARTICLE
Harold E. Stassen
The
University of Pennsylvania
Dwight Eisenhower
Western
Europe
GOP
Senate Foreign Relations and Armed Services Committees
Rubber Reduction Order Affects 40000 Products
The national production authority ordered a 40 000 product cut in natural rubber use to conserve supplies for stockpiling armaments and industrial items as the mobilization program progresses this year. A NPA spokesman said the measure targets demand growth and ensures essential materials remain available for defense and industry.
MENTIONED IN THIS ARTICLE
NPA
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