Housing Bill Introduced to Back Moderate Income Homes
A new administration housing program to build thousands of homes for moderate income families is ready for Congress. The plan would use up to 2.25 billion dollars for loan guarantees to housing cooperatives and non profits, backed by a National Mortgage Corporation for Housing Cooperatives and Home Finance Agency supervision. Public hearings will start next week. the measure seeks loans with up to 95 percent guarantees, low interest, and 60 year repayment.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Jan
Administration
Congress
Sparkman
D-Ala
Truman
National Mortage Corporation For
Treasury
Maybanit
Senate Banking Committee
Senate
Senate Group
Rep
Sperke
D-Ky
House Banking Committee
House
Corporing and Home Finance
Raymond Foley
Iinistrator
Iirectors
Pating Housing Cooperatives
Truman outlines path to stable, expanding economy
President Truman argues for longer loan repayment terms for business via the Reconstruction Finance Corporation and emphasizes expanding jobs and higher output. He cites a target of over 300 billion in annual output within five years, promising improved living standards and near full employment by year’s end.
MENTIONED IN THIS ARTICLE
Truman
Reconstruction Finance Corporation
Mr. Truman
United States
Five Ohio Coal Firms Sue Lewis Leaders for 8 Million
Five Eastern Ohio coal companies filed five common pleas suits seeking nearly eight million dollars from John J. Lewis and United Mine Workers leaders and the union treasury. The suits accuse union action of causing tonnage losses due to a three day work week and seek damages tied to miner strikes and work stoppages.
MENTIONED IN THIS ARTICLE
Lewis
UMW
Associated Press
Cambridge
Ohio
Common Pleas Court
John J. Lewis
United Mine Workers Union
Union Treasury
Oren
Pittsburgh Consolidated Coal Co
Warner Colleries Go
C. Coal Go
Jefferson Coal Co
Cadin Mining Go
Revision of State Constitution Debated by PA Bar Association
In Harrisburg on January 6, the Pennsylvania Bar Association began examining the state constitution. Judge W Walter Braham presented a committee report proposing changes as the group analyzes the 100 year old code. Chief Justice Arthur Vanderbilt outlined his state's constitution to 500 delegates at the annual mid winter meeting. Harold E B Stassen, UPenn president and former Minnesota governor, to speak at the dinner.
MENTIONED IN THIS ARTICLE
Harrisburg
Pennsylvania Bar Association
Commonwealth
W. Walter Braham
Lawrence County Court
Arthur
Vanderbilt
New Jersey
Association
Harold EB. Stassen
University of Pennsylvania
Minnesolis
Johns Hopkins Official Dies At 71 In Baltimore
Dr. Tsuinh, president emeritus of Johns Hopkins University, died at Johns Hopkins Hospital in Baltimore on December 26. He was 71. The obituary notes his leadership and long tenure with the university and hospital.
MENTIONED IN THIS ARTICLE
Johns Hopkins
Baltimore
Tsuinh
Johns Hopkins Hospital
Bowman
Johns Hopkins University
Market Mixed as Gains and Losses Hold Steady
The market showed a steady undertone with limited moves. Major stocks including American Can Am Rad Eastman Kodak General Electric DuPont and General Motors traded within narrow bounds while scattered names like Standard Oil and Bethlehem Steel appeared in muted activity.
MENTIONED IN THIS ARTICLE
American Can Am Rad & St
Tel &S Tel Anaconda
At&sf
Atlantic Refining
Bethlehem Steel
Qo Gas & Blec
Continental Can Consolidated Ellise DuPont de Nemou Eastman Kodak Erie RR
General Electric
General Foods
General Motors
Int
Tel & Tel
Lehigh Valley Coal
Montgomery Ward National Biscuit Nationtl Dairy P National Distillers N
Central Pack
Ap Ompans Women A Verdict Sonvenied
A local court delivered a verdict in a case involving a woman named Robert and a person with a similar surname. The ruling details remained unclear in the fragmentary OCR text. Authorities reported dates and parties but the readable portion confirms a judicial decision was reached.
MENTIONED IN THIS ARTICLE
Robert
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Bernard Shaw
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Reward
New York
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Operty
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Mary Balog
J. Q
Franklin D. Roosevelt
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Center St
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Don Allen
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