Money Nation High Prices and Money Supply Debate
Babson Park column argues prices rise with supply and demand while money in circulation is near ten-year lows. The writer cites letters protesting high prices, explains 14 a shotor in circulation, and discusses how debt could be paid by small money transfers. Mentions Roosevelt era gold and policy shifts, with a continuation note to Page Eight.
MENTIONED IN THIS ARTICLE
Hy Koghm
Babson
Babson Park
Plu
Regent
Tess
Forecast Cool Weekend With Warmer Temps Ahead
A cool weekend is forecast as a mass of cold air moves east from Canada. Highs near 20 above today with a low around 1 above tonight. Winds ease tomorrow bringing warmer temperatures. Pennsylvania Gas officials say no change in gas supply though weekend industrial suspensions may boost reserves.
MENTIONED IN THIS ARTICLE
Bintye
Canada
Invtusieta
Pennsylvania Gas Company
Scouting Encampment Moved to Third Ward Site
Scouts chose the Third ward site for the 1948 encampment after a uproar over favoritism toward Mead Park. Encampment events occurred June 18 19 and 29 with district scouts and staff noting strong adult support from local officials.
MENTIONED IN THIS ARTICLE
Corry
Washington Trail Courtes
Medd Park
Third Ward
Ohenn Beck
Erle
Secult
Yen
Byrd Urges Delay In Clean Split In Southern Dems
Prague reports Communist Premier Klement Gottwald demanded a new government from top to bottom at a mass rally. President Benes, still in office, has not accepted a new cabinet as ministers face purge calls. Thousands gathered, signaling support for upheaval while police guarded Evobodne Slova amid staged protests.
MENTIONED IN THIS ARTICLE
Byrd
Fn Associatad
Prague
Czechoslovakia
Klement Gottwald
Bassa
West
Gottwald
Ial
Berird Benes
Puri
Tor
Wowie Ann
Trebley
Dpe
Dob Huss
Patrioh
Tim
Sprie
Guliwald
Czechoslovak National Socialist
Evobodne Slova
Decision By MacArthur Averts Fight In House
In a dramatic House Foreign Affairs panel debate, General Douglas MacArthur’s role in China relief policy became the focal point. Lawmakers considered inviting him to testify, while some urged his return home to aid China’s war effort. MacArthur declined, citing inability to leave his post, and urged the committee to press ahead without a personal appearance, signaling no immediate precipitating showdown.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
House
Get
Douglas Macarthur
GOP
Ural Magar
China
Armien
Tion Troi
Tokyo
Roy
Lawrence Smith
R-Wle
inVie MacAethuy
Mudd
R-Minn
Claire Chennaullt
I 8
Old
Stassen
Truman hints self government for Puerto Rico
President Truman told Puerto Ricans that granting self-government would be a step toward greater autonomy. He welcomed Gov. Pinero and officials, urged Congress to let Puerto Rico decide its political relationship with the United States, and likened the U S Puerto Rico tie to a democratic cooperative model.
MENTIONED IN THIS ARTICLE
Truman
Puerto Rico
Associated Press
San Juan
Jens T. Pinero
Sinduan
Congress
United States
Pinero
Key West
Fla
Banks and state offices close Monday for birthday observance
Banks and state offices including Citizens National Bank National Bank of Corry and Pennsylvania State Employment Service announce closures all day Monday for George Washington's birthday. Employment office claimants scheduled for Monday should reschedule to the next business day or delay one week and appear the following Monday.
MENTIONED IN THIS ARTICLE
Citizens National Bank
National Bank of Corry
George Washington
Pennsylvania State Employment Service
Ole J
Aquor
Department of Assistance Offici
Erie area school transportation aid approved by auditor general
Auditor General G Harold Wagner approved transportation reimbursement payments totaling 113913 to 28 Erie county school districts for the year ending July 1947. Erie city receives 4446 and Union City 74, Wayne township 4943, plus several other districts including Concord township and Newanaty township receive shown amounts.
MENTIONED IN THIS ARTICLE
Erie County
G. Harold Wagner
Erie City
Concord Township
Union City
Vewanaty Township
Wayne Township
Chilly Weather Covers Wide Area
Winter's latest polition chirled residents from east of the Hockles to the Atlantic Sephoard Jorsey but warmer weather was on the way for some sections. Today's lowest temperatures hit sections of the north central region and part of New England. Readings also were below seasonal levels in other areas except in Florida. Temperatures touched 20 below in North Dakota and Wisconsin and were around 10 below in parts of Minnesota and lower Michigan. Try was near zero and slightly below in Northern New England. However temperatures were expected to moderate today over most cold regions with a rising trend for the midwest over the weekend. Light snow was reported through eastern Nebraska southeastward into Missouri and southeastern Kansas, while rain fell in southern Texas, sections of Arkansas and Oklahoma, and the eastern Gulf states.
MENTIONED IN THIS ARTICLE
Chicago
The
Hockles
Atlantic
Sephoard Jorsey
North Central
New England
Florida
North Dakota
Wisconsin
Minnesota
Michigan
Midwest
Nebraska
Missour
Kayias
Texas
Arkansas
Oklahoma
Set appeal date for Corry man
The county court has scheduled the appeal of James Carstater from a summary conviction under the civs parking ordinance to next Friday February 27. Carstater was found guilty at a hearing before Police Magistrate M S Cobbett. Counsel for the defendant argued that there was no violation since no parking signs were posted where the alleged violation occurred. City officials contended that enforcement did not require signs. The appeal will be argued before a county judge with State Solicitor Walter Scott representing the city and Attorney Waller Punk as counsel for Carstater.
MENTIONED IN THIS ARTICLE
Tle
James Carstater
Civs
Pebrusyy
Alty
Carmlater
M.S. Cobbett
Eris County Judes
Walter Scott
Waller Punkw
Curs
Soft drink tax collection efforts raise state resolve
Harrisburg reports the Commonwealth aims to collect 1.6 million dollars in overdue soft drink taxes and will pursue legal action if needed. Deputy Secretary W. J. Beachy warns that failure to collect would harm the state. Meanwhile two Philadelphia beverage firms face criminal informations for billions in untaxed sales.
MENTIONED IN THIS ARTICLE
Philadelphia
Rail traffic in Corry far above prewar volume
Corry yards handle a heavy rail mix amid postwar shifts with six passenger trains daily on the Erie division and two on the Buffalo and Pittsburgh line. Freight remains strong on the Erie Philadelphia route and the Buffalo and Pittsburgh line, with about forty daily movements noted by a veteran railroad observer as spring traffic nears. Athens reports Premier Sophoulis winning a 190 to 0 confidence vote in a coalition government after a five day debate.
MENTIONED IN THIS ARTICLE
Ljily
Shraven Corry
Raitman
Corry
Te Bee
Benbah
Pennsy
Erie
Sis Littins
M48
Srnus
Eastboyind
Wilinhehe Diaset
Willi Aya
Iin Pennsy
Philadelphia
Rie
Buffalo
Pittsbburgh
Vitehaul
Cvon
Ian Ts Sarma
Gotty Yards
Continence
Athens
Theraistoklos Sophoulis
Guerilllas
Mbere
Sophoulis
Liberals
Royalists
Talks Stalled as Red Envoy Blocks Parley Efforts
London reports parley talks with Russia stalled as a Red envoy blocked progress. Officials said Moscow pressed for heavy reparations and control over Danube shipping interests in Austria and Hungary. Britain noted Russia’s demand for about 200 million in payments over 20 years and for a share in the Danube company, with talks aimed at settling claims and assets but no immediate resolution.
MENTIONED IN THIS ARTICLE
Associated
Perna London
Russia
Tnian
Danube Shipping Company
Austria
Poli Us
Bustin
Savio Deleante N. B. Boktmany
Danube
Conpany
Nany
Moe Comepany
Hungary
Bulgaria
Austinny
Germany
Simuel Reber
Denny
Pri Cherierte
Prenel
Mit
James Mujiribantes
Kostomov
Russin
Two Major Fires Tear Through Pittsburgh Buildings
Two spectacular fires destroyed a Golden Triangle office building and a large grocery warehouse in Pittsburgh today, with damage near $600,000 and several missing. The Jackson building on Sixth Street and Pond Avenue collapsed after the blaze, while adjacent structures suffered extensive damage. Firemen were injured and a downtown area crowd watched as flames and debris overwhelmed the intersection. The Gian Drug store basement is suspected as the fire origin, affecting doctors, dentists, teachers, and other tenants.
MENTIONED IN THIS ARTICLE
Pittsburgh
Jackson
Sixth Street
Pond Avenue
Dallas Avenue
Uriel
Irene Westbrook
All American Aviation To Begin Passenger Service From Corry Area
The Civil Aeronautics Board awarded All American Aviation a permit to carry passengers and cargo on an extended route stopping at Wrr Veh and domestown. Corry will gain air pickup service with eight passenger planes, though no start date or schedule is released. If current planes are substituted, Corry’s future service remains uncertain and may be dropped or rerouted to nearby landing points.
MENTIONED IN THIS ARTICLE
Corry
Washington, D. C
Civil Avrouautes Board
All Atueticay Aviation
Thas
Sneger
Titusville
Oi City
Penneylyan
Buttroad
Piblsbureh
Bulut
Byrd Urges Caution on Civil Rights Action in Congress
Senator Byrd of Virginia urged delay and restraint on civil rights measures, warning Southern Democrats to hold fire while pressing for deliberation. The Virginia senator spoke at a Richmond gathering and noted Southern governors would meet to press a unified stance, as House members from the South planned to push a resolution backing enactment of proposed reforms.
MENTIONED IN THIS ARTICLE
Colm
Washington
Byrd
Virginia
Dixie
Wweepatier
Truman
Richmwald
Federal
WepAta
Sun Bub Hs
Congress
Severnl Howse
Laney
Arkhams
Lane
Maryland
Philmond
South
Curnijnn
Jester
Texas
Tuck
Virginis
Senahur McGrath
Rhode Island
Derm Pile
Mollath
Yelay
Southern House
BO Sioness
Chirk
North Carolina
Smith 7
Boost in Steel Prices Sparks Political Fight
A burst in steel prices draws government scrutiny and sharp criticism. Senator J Howard McGrath calls the move a dangerous burden on the cost of living while James J Patton denounces profiteering and urges antitrust action. The report notes varied food price trends and a mixed grocery market response.
MENTIONED IN THIS ARTICLE
New York
Witem
Itedios
Navy
Goverment Bureau
Washington
J. Howard McGrath
Democratic
National Committee
James J. Patton
National Farmers’ Union
Claris
Choir Plans April Tour For Four Cities
The A Cappella Choir at Me Gorysentae High School will travel after April to three cities Brffila Toronto and others with a 100 plus voice group under Lyrit Pics. Directors and student singers prepare to perform, seek engagements, and coordinate council support for the tour including hospital appearances.
MENTIONED IN THIS ARTICLE
Gorysentae
Igh School
Tia
Brffila
Thronto
Lyrit Pics
Jay
Il Mievari School
Ofer
Toronto
Tas
Nm Hospital
Budlse
Foanglaburg
Also Mentioned on This Page
May
Centra
Ana Yi
Rom Cony
Smith
Jyvriat
Nile
Helio
Joble
Jon Minpls
Terme
Ash
George
Sajure
Tate
Wibuts
Waren
Decewarns
Este Armen
Mal Bank
Asylvanle
OTICR
Dante
Micv
Rusia
Roosevelt
Bonsevelte
Benes
National Assembly
RED Party
Chamber Commerce
Ane Corry Aimauver
Worms
Danville
Thomas Moses
Illinois
Mines and Minerals
Moses
Unite States Coal and Cola Company
H.C. Frick Coke Compang
MacArthur Averts
U. 5
Corry Man
Erie R. R
Air Mail
Virginia Solon
Washington Buzzes
Los Angeles
Chalners (Glick) Goodlin
Vow Alexandria
Jacquelyn Waldron
Hollywood
Allis Walio
Esterday
Buffalos
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