Inside Story May Vote on Housing Bill
The Taft-Ellender-Wagner housing bill, stalled in the House, gains new life as the Senate Banking Committee approves technical amendments. Representative Wolcott's panel resists action, so Helen Gahagan Douglas leads a discharge petition to bypass the committee, needing support from at least half of the 218 members.
MENTIONED IN THIS ARTICLE
Congress
Senate Banking Committee
Charles Tobey
N.H
Wolco
Helen Gahagan Douglas
D. Calif
Wolcott Group
Banking Committee
Taft-Ellender- Wagner
K D Lamp Co Workers Strike Over Wage Raises
About 250 K D Lamp Co employees union Local 766 UE struck after two months of talks with Noma Electric divisional management. Mass picketing began at 6 am Wednesday, with 230 to 240 at a mass meeting voting to reject the last offer and strike. The plant closed for a union meeting Tuesday and negotiations had stalled since March.
MENTIONED IN THIS ARTICLE
K-D Lamp Co
766
AFL Platers
Lucian Harmon
Herbert Duncan
Charles Tumbleson
Mack Ross
Ray Ross
Omer Dishon
Enquirer for Sale Report Circles Cincinnati Press
Circulating reports claim the Enquirer could be sold for about 7 to 10 million dollars. The morning paper has been described as for sale with interest allegedly shown by individuals outside Cincinnati. Officials have denied previous similar rumors, though this time more credence appears to be given.
MENTIONED IN THIS ARTICLE
The
Enquirer
Cincinnati
Dead Man Votes No in Taft Hartley Union Vote
In Wenatchee Washington an AFL cannery workers local sought a union shop election under the Taft Hartley law. When a worker died before voting his ballot was counted as a No vote because all eligible nonvoters are tallied against the union shop.
MENTIONED IN THIS ARTICLE
Wenatchee
Wash
AFL
NLRB
Bank Profits Rise 37 Percent as Year Records Set
New York reports 3,102 top U.S. corporations earned 9.228 billion after tax in 1947, up from 6.75 billion in 1946, marking the strongest year in business history. Net worth reached 7.515 trillion, about 45 percent of all corporate wealth, with an average return of 12.2 percent.
MENTIONED IN THIS ARTICLE
NEW York
U.S
Nati City Bank
Wall Street Journal
Urges Settlement of Meat Strike
President Truman urged settlement of the meat packing industry dispute after a board of inquiry report, saying the parties could reach an agreement if they study the report with an open mind. The board was appointed by the administration.
MENTIONED IN THIS ARTICLE
Washington
Board of Inquiry
Pres. Truman
Can't Buy Pork Chops On $35-A-Week Take-Home Pay
New York workers at Armour meat plant picket for higher wages as Charley Graham and fellow packinghouse workers describe scraping by on $35 weekly take-home pay. They demand a 29-cent-an-hour raise while denouncing price hikes, scab meat, and the Taft-Hartley act's limits. Guards and police monitor the three-week strike, with no back-to-work movement expected until the international union orders it.
MENTIONED IN THIS ARTICLE
New York
Charley Graham
Armour Meat Packing
Manhattan
United Packinghouse Workers
CIO
Graham
New York City
Packinghouse
Wall Street
Ed Smith
Local-Dtrike
Ed Paris
Armour
Swift
Cutlay
Wilson
Packer
Wage dispute under Taft Hartley provision cited as substantial
The article notes a man under the Taft Hartley provision for nationwide strikes described the 9e wage offer of the Packers as substantial. It states the striking United Packinghouse Workers CIO demanded 29 cents.
MENTIONED IN THIS ARTICLE
United Packinghouse Workers
CIO
Economic Advisers Urge Inflation Controls
Washington reports the Council of Economic Advisers led by Edwin G. Nourse told President Truman last week that inflation controls are needed. They warned that past year actions have increased prices and the cost of living while a large rearmament program would be inflationary yet wartime controls are unnecessary. The quarterly figures show wages lagging prices since 1945, reducing the average worker’s buying power by about 10 percent.
MENTIONED IN THIS ARTICLE
Council of Economic Advisers
Edwin G. Nourse
Nourse Group
Truman
Your Dollar by the Consumer Union in The Sun
The Sun promotes the monthly Your Dollar feature by the Consumer Union. It promises readers can gain several times their subscription cost by following Best Buys recommendations on common family articles.
MENTIONED IN THIS ARTICLE
the Sun
Consumer Union
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CIO News
Freedom Horse
Congressional
Senate
House of Representatives
Dustries
Iose
Jian
Tru
White House
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