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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jul 12, 1947
Page
1
Hy Roger W Babson argues causes for stock stagnation, citing wage, interest, and tax issues. He blames business pessimism, high costs, and uncertain policy while noting population and labor dynamics. The piece quotes economists and explores impact of proposed tax changes on investment and productivity.
Delegates from 16 nations convened to discuss European economic recovery with U S aid. Bevin pledged Britain and commonwealth support. Bidault outlined aims to form an organization to assess Europe resources and needs ahead of U S finance. Molotov declined to join. The meeting opened at 11:05 a.m. Eastern.
Crecy with Warren police pursue first solid lead in a series of safe crackings spanning here and in War ter Youngsville and Union City. Akron detective once worked on Stiuh beathers case aids local officers as two brothers confess to about 10 burglaries. Investigators aim to confirm if the Davison Foyl lumber mill Dairymen's Co op office Model Dairy Go office and Murphy store break ins are linked along with the ongoing effort. Captain Barclay of the Pennsylvania Railroad police joins daily patrols at Uris.
Placement activity at the Corry office of the Pennsylvania State Employment Service fell to a new low this past week, with only four persons employed through the facility. The drop was blamed on shutdowns amid employer location periods, while unfilled jobs stemmed from a lack of suitably registered applicants. Openings included experienced workers, tire and automobil e accessories, general office work, store manager, and specialized training positions. Stewart, manager, urged local unemployed to register with the office.
The Corry School District board announced a second fifty dollar payment to teachers this month following a salary raise request by the Corry Teachers Association. The amount was to be funded from remaining municipal funds and is tied to the school year end. A light session is expected next Monday with routine matters and an auditor appointment on the agenda.
Two British sergeants were abducted near Nasraniya and reported released by Jewish groups amid tensions. A Jewish informant named a national plot involving a Jewish underground army. Martial law looms as authorities urge locals to help locate the soldiers, with Nathanya authorities warned to prepare drastic measures if the men are harmed. The incident involves Jewish settlements north of Tel Aviv and firefights around the Tel Aviv highway.
President Truman will send a comprehensive flood control plan for the entire midwest region to Congress next week. The White House announced the message targets the area from the Rockies to the Appalachians, with the central focus on flood mitigation and river management.
Shriners from Corry arrive by special train for the Bem Zem of the Nile ceremonial in Oil City, with about 14 000 attendees expected. The event will feature a large parade, floats, 240 initiates, an ox roast, Zem Zem Temple band concert, and a fireworks display. Public invited to most events. Also notes upcoming liquor-vote election in Sugar Grove on February 12.
Brunswick Georgia May 12 guards and police killed six Black convicts and wounded seven others in a mass escape attempt at a coastal prison camp. Aiden W Worthy said 27 convicts charged the fence as gunfire erupted. Willie Bell led the incitement before being wounded. Fourteen convicts remained hospitalized under guard. An inquest was called by Coroner Baldwin as the local NAACP urged grand jury action.
Voters not yet registered may register next Monday during municipal hours from 7 p.m. to 10 p.m. Miss Minny Deupeey and Mrs. Bloyd Stowe will handle the ratification process at the local counting site.
A powerful lightning bolt struck a Texaco service station on North Center Street operated by Rex Warner, causing about 1200 dollars in damage. Owner Joe Cohen and attendant James Sheldon reported bricks and debris scattered across the area with a broken front window and damaged pumps. Sheldon was knocked to the ground but not seriously injured as alarms and fire equipment responded.
Political maneuvering fills the Senate as leaders pledge a possible Saturday session to push through a House tax bill. Key figures like Wherry and Barkley discuss margins and support for a 30 to 10.5 percent levy starting January 1, aiming to override President Truman's veto.
Harrisburg July 12 A governor backed plan to spend about 600 million more than initial recommendations approving a 600 million increase with additions for teachers salaries mental hospital expansion river safety and state departments while vetoing some bills.
The Star Lite Athletic Club signs a three year lease to operate a city night spot at Al Marly Star Casino. memberships will be sold and weekly final shows continued. New officers include Fan Purplita president and Low Shlelle x secretary. A $1 entrance fee may apply and charitable donations are planned.
In Norristown Pennsylvania on July 12 Judge George G. Carson granted clemency to Helen King a 20 year old former Ardmore model jailed for a jewelry store theft involving an $81,000 value. Her husband testified and she was paroled after serving time and a $50 fine. the judge noted the man described as a good friend asked for clemency.
FPHA makes tax payments in lieu of taxes for the Pairhaye Housing Development project. Cyrus W. Gray and John A. Kervick explain the arrangement, noting DPHA as the tax exempt body approving in lieu payments. The policy uses assessed project value, with districts urged to advance payments in the city.
Washington July 12 The United States and Turkey signed a renewal agreement tied to the $400 million aid program authorized by Congress in May. The pact covers $300 million in economic and military assistance and sets terms for United States support while ensuring consistency with the security of both nations.
Over 400 employees of the Long-funestown Mt Co began a two week vacation at close of work week. Wages totaling about 22000 TD were distributed to all workers under the recently signed wage agreement. Work will resume at the local plant July 28. The overtime period boosted vacation payments by about 10 percent.
New York July reports regional director Cotwell said federal efforts to settle the Bethlehem Steel shipyard strike failed after a two hour meeting between company and union reps. No substantial change in positions was noted. walkout continued. In Washington meanwhile two shots were fired in the Senate office building subway at Senator Bricker, described by him as from a disgruntled patronage seeker. Bricker unharmed.
Workmen finished resurfacing between the Maly and Preswint street intersections using crushed stone and asphalt. South Genter street received a base and finish, with a later mix applied. The project includes extending the new surface at intersections and purchasing additional material to complete the job.
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