Inflation Debate Sparks Wage Increase Drive
Columns discuss rising prices and labor pressure as CIO details wage increase plans. The piece notes regional unrest and economic tension, linking inflation to worker demands while analysts provide commentary.
Inflation Fight Divides Administration and Congress
The Truman administration presses for wage and price controls to curb inflation, with Secretary Clinton P. Anderson warning meat costs could trigger controls by spring. Analysts urge varied fixes from rollback to production boosts as public dissent grows. Meanwhile Arab-Israeli conflict after UN partition sparks deadly violence in Jerusalem and Tel Aviv.
MENTIONED IN THIS ARTICLE
Truman
Clinton P. Anderson
House Banking and Currency Committee
Anderson
Congress
Robert S. Nathan
Secretary of the Treasury
John Snyder
Earl Bunting
National Association of Manufacturers
Cairo
Egypt
Alzahar Council of Ulemas
U. N
Palestine
Jerusalem
Tel Aviv
Ibn Saud
Saudi Arabia
Middle East
Wage Drive Third Round Signals New Labor Demands
CIO President Philip Murray announced a general wage increase for six million workers in basic industries, signaling a third postwar round of wage demands as inflation erodes purchasing power. The move aims to avoid strikes, while officials push Congress to curb inflation amid mounting costs. Humphrey Bogart rejects Communist accusations as he defends constitutional rights during a Washington trip.
MENTIONED IN THIS ARTICLE
CIO
Philip Murray
Labor Organization
Murray
Congress
Lewis Schwellenbach
Agress
Truman
Washington
Hollywood
Britain weighs largest lottery to fix finances
The British treasury weighs a plan for an eight billion dollar worldwide lottery. Cash prizes total four billion dollars with four billion kept by the treasury. First prize would reach four hundred million dollars as proponents tout the scheme to revive the economy.
MENTIONED IN THIS ARTICLE
Batonian
Treasury Department
Treasury
Offbeat Musings and Show Biz Notes From A Coast Alloy
A collage of cultural blurbs and gossip items touches on Mil BEN Services and fashion shifts in sailor uniforms, FDR Jr. dancing with Sally DeMarco, St. Louis Cardinals scramble after Bob Hannegan leaves the post office, Met Opera casting and a quip about Aida Alvarez, and a string of media and entertainment jabs.
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U. S
Berkeley Hotel
Fdr Jr
Sally DeMarco
Seft Room
Bob Hannegan
Post Office
St. Louis Cardinals
al Horwitz
Met Opera
Aida Alvarez
Carmen
Aida
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