British Loan Fight Looms Over Capitol Debate
Washington July 6. Battle lines drawn as the House schedules opening debate on the Senate approved 3.75 billion dollar British loan. Speaker Rayburn predicts administration victory while opponents led by Buffett of Nebraska pledge to try to beat it. Debates slated over four days with opposition highlighting veterans and old age pensions. The loan aims to end wartime currency discrimination and support Bretton Woods.
MENTIONED IN THIS ARTICLE
Francis M. LE May
Washington
House
Senate
Rayburn
D-Tex
Buffett
R-Neby
House Banking Committee
England
Bretton Woods
World Bank and Monetary Stabilization Fund
Palestine
Butler
R-Neb
Poll results show mixed views on pensions and taxes
The poll reveals legislators favor keeping pensions for those in need but oppose expanding the tax base. A Boswell amendment to redefine reading the Constitution faces opposition if the federal approach fails. Support exists for resubmitting an income tax amendment with earmarked funds for education, welfare, and health.
MENTIONED IN THIS ARTICLE
Alabama
Senate
House
Expanding Natural Gas Lines By Charles Molony
Washington report on a proposed expansion of the interstate gas network. About 5,000 miles of new pipelines and $200 million in funding planned, hearings began June 17. Competing coal interests argue gas reduces coal use and threatens miners, while gas advocates cite rising consumption and jobs.
MENTIONED IN THIS ARTICLE
Charles Molony
Washington
America
Federal Power Commission
New York
United Front
John L. Lewis
United Mine Workers
National Coal Association
Tom J. McGrath
Washington, D. C
McGrath
Atomic Energy
Markets Drift As Price Controls Hang Over Wall Street
New York July 6. Markets showed little overall movement amid apathy over price controls. Daily turnover sank to 760000 shares as traders weighed O P A fate and rising costs. Cattle rose while hogs fell and corn hit its daily limit. activity waned further on Wednesday and Friday with light trading and bearish sentiment proceeding into the holiday weekend.
MENTIONED IN THIS ARTICLE
Wall Street
New York
A. O. Smith Common
National Distillers
Eastman Kodak
Cattle Market Receipts See Expansion After OPA Regulation Lapse
After OPA rules ended at midnight last Sunday, cattle auction markets showed larger receipts though plant supplies stayed light or steady. Prices were mostly steady week over week, with western Georgia seeing firmer bids on low grade stock and slight weakening. In central Florida, receipts were normal to heavier, demand broad, with steers and heifers mostly firm to up to four dollars higher than the prior Monday.
MENTIONED IN THIS ARTICLE
OPA
Georgia
Florida
Holiday Toll Rises to 299 During Fourth of July
The Associated Press reports 299 holiday deaths as of Saturday with 142 traffic fatalities, 84 drownings, and 73 other accidents since Wednesday. Safety officials caution the real test arrives as travelers return on Sunday.
MENTIONED IN THIS ARTICLE
Associated Press
National Safety Council
Cattle Market Report Shows Varied Prices Across States
Prices ranged from 10.00 in Florida down to 6.00 in Georgia. Common and medium stocker cattle cleared at 10.00 to 14.10 with inferior grades 9.70 to 8.50. Common grade cows 8.90 to 10.05, some medium 12.00 to 13.20. Cows with calves by side sold well, most 70.00 to 80.00, a good pair up to 112.00. Inferior and common 8.50 to 9.00 per cwt, 47.00 to 62.50 per pair. Good calves 16.00 to 17.25, most common and medium 10.00 to 13.75, mid 12.25 up for mediums. Inferior grades 6.25 to 10.25.
MENTIONED IN THIS ARTICLE
Florida
Georgia
C. W. Smith Heads Chamber Group In Pulaski
C W Smith elected president of the Pulaski Junior Chamber of Commerce for 1946 47 with residence in Decatur and former member noted for his community involvement.
MENTIONED IN THIS ARTICLE
C. W. Smith
Pulaski
Bo” Smith
Decatur
Decatur Delegates Attend Alabama Legion Convention
More than eight members from Decatur post of the American Legion will attend the Alabama department convention in Birmingham. Attendees include Elmer Loyd the post commander Garner Pride newly elected as commander Joe Pettey J O Colvard Thomas Brooks Sam Wheat R B Freeman and Butler P A Hine. Auxiliary delegates and headquarters details were also noted with meetings at the municipal auditorium and Thomas Jefferson hotel.
MENTIONED IN THIS ARTICLE
Decatur
American Legion
Alabama
Birmingam
Elmer Loyd
Garner Pride
Loyd
Joe Pettey
J. O. Colvard
Thomas Brooks
Sam Wheat
R. B Freeman
Butler P. A. Hine
American Legion Auxiliary
Convention Legion
Municipal Auditorium
Thomas Jefferson Hotel
Local leader named for Giles County Air Power club
A longtime Decatur resident who moved to Pulaski three years ago has been chosen to lead the Pulaski organization with a 60 member roster. He previously worked for Railway Express agency and Parks grocery. Smith succeeds Kenneth Cooper as president, with Henry B. Jones as first vice president Aubrey Hagan Jr. as second vice president John Hendricks as secretary Robert Stone as treasurer and George Worsham as state director.
MENTIONED IN THIS ARTICLE
Pulaski
Railway Express Agency
Parks Grocery
Decatur
Giles County Air Power Club
Puaski
Also Mentioned on This Page
Decatur Transit
U. S
INMEX
ULMNL
Krene
Pearl
Sunshine Yellow
Senre
National Carbon Company, Inc
Southeastern Area Cattle Market Review
Seersucker
White
Navy
Seersuckers
Priscilla
Ecru
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