National Debt Reaches 257 Billion Dollars
Treasury Secretary Snyder announced for the year ended June 30 1950 total expenditures reached 40 167 billion dollars with net receipts 37 045 billion. The budget deficit stood at 3 122 billion, up from 1 811 billion in 1949, while gross public debt rose 4 587 billion to 257 357 billion.
MENTIONED IN THIS ARTICLE
Snyder
United States
Treasury Savings
National Service Life Insurance Fund
La Motta Mitri Fight Highlights Audio Blackout Debate
The boxing match at Madison Square Garden saw Jake La Motta defeat Tiberio Mitri to defend the middleweight title. Despite a 16,000 crowd and near $100,000 gate, the bout was not broadcast on radio or television, fueling criticism of boxing's media handling and New York dominance.
MENTIONED IN THIS ARTICLE
Jake LaMotta
Tiberio Mitri
Mostple
Bronx Bull
S Ky Graziano
the Rock
New York
Madison Square Garden
la Motta
Mitri
York
Simmons Leaves Phillies for National Guard Camp
Curt Simmons star pitcher of the Philadelphia Phillies departs for two weeks starting July 29 to attend National Guard training. The move is noted as a surprising way to lose a pennant and prompts reflection on mobilization versus partial mobilization.
MENTIONED IN THIS ARTICLE
Curt Simmons
Philadelphia Phillies
National Guard
Audie Murphy
Texas National Guard
Dear Sir A Letter On Child Safety And Remorse
A reader responds to a near miss with a tricycle boy, arguing drivers must slow down and warn others. The writer emphasizes the boy’s innocent status, his parents’ sacrifices, and the moral weight of harming a child, urging responsible conduct and reflection.
Town Talk Highlights and Local Quips From Readers
A No 2 survivor voices fear while a reservist notes football will suffer from enlistments. Korea misperceptions circulate as townsfolk discuss the island vs peninsula. An auto dealer reports smug sellers and eager buyers for used cars amid shortages. A grocery manager warns a customer to buy sugar now due to uncertain supply.
Highway Map Refold Becomes Way to Respectful Jest
An elderly man known as Uncle Jim quips that respecting a fellow who can refold a highway map shows practical skill and American grit, reflecting a folksy humorous moment in a local scene.
How United Nations Police Action Was Proposed
United States Deputy Representative Ernest A. Gross presented the UN Security Council with the draft resolution that led to U S troops in Korea. The invasion began June 25 and the General Assembly had declared the South Korean government the only lawful authority. The text urged member nations to aid the UN and refrain from helping North Korean authorities. Yugoslavia abstained on the first vote, Egypt abstained again, and India challenged home directions before voting. The USSR was absent. Russia could have vetoed but did not. The resolution called for North Korea to cease fire and withdraw to the 88th parallel, and its failure led to the first UN police action.
MENTIONED IN THIS ARTICLE
United Nations
United States
Korea
UN Security Council
Ernest A. Gross
Security Council
Gross
General Assembly
Mr. Gross
Truman
Trygve Lie
Egypt
India
Yugoslavia
Ussr
Russia
Also Mentioned on This Page
Huckster
Graziano
Europe
New
LaMotta
Ray Robinson
Washington
Ecuador
Chicago
Chicagoland
China
Burma
The
Herald
South Pacific
Kansas
Uncle Jim