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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jun 01, 1949
Page
4
Eleanor Roosevelt comments on Eisler developments as Congress leans toward economy. The piece notes tax revenue shortfalls and deficit financing fears, with lawmakers seeking spending cuts while opposing others. Alabama cities will gain Southern Airways service soon, while Decatur would benefit from a lighted runway for commercial flights.
Montgomery reports about 1.7 million residents served by public water systems used roughly 87.5 gallons per person daily at year end. The piece notes the statistician preferred using using over consuming in the description. W A Julian died in a weekend auto accident. as US treasurer his signature appeared on vast currency.
Mayor Cooper Green of Birmingham urges Atlanta to extend its corporate limits or risk losing regional leadership. He notes Birmingham plans extensions and says cities must widen boundaries to grow. The speaker cites Decatur as succeeding through territorial gains and urges continued expansion.
David Lilienthal, head of the Atomic Energy Commission, plans to answer charges aimed at his leadership before Senator Bourke Hickenlooper. Supporters say Lilienthal has consistently favored the people, directing atomic power toward peaceful and military aims, while critics accuse him of policy missteps.
The Alabama House voted down the proposed amusement tax by a wide margin. A parliamentary move sent the bill back to committee, sparing a similar fate for the tax increase. The governor’s plea for more funds faces strong public opposition and distrust in current levies.
The piece argues that James Forrestal's death may have been influenced by a prolonged illness. It questions whether his health prevented him from handling duties and if his removal was necessary to avoid national risk. The writer urges focus on health factors rather than columnist blame.
Washington reports Floyd Odlum, Wall Street figure and ally of the Truman administration, has gained quiet influence over key posts and corporate proxies. His backers push for appointments from the Army to embassy postings as he controls large utility investments and corporate stakes abroad.
The text alleges that Electric Bond and Share invested in Argentina without stockholder knowledge. It cites a 1928 letter from Curtis Calder directing concealment of a $37 million advance to Odlum for Argentine utilities. Calder’s letter is reportedly in the SEC files and could be accessed by the armed services committee.
SEC files reveal payments totaling 159,646.35 to Ed Hutton and David G. Baird in 1931 to sway stockholders as Atlas Corporation, led by Odlum, secured Chatham Phenix Allied Corp. for 8.3673 million. Stockholders received only 15.31 per share, far below cost.
A columnist argues that avoiding problems by running away is costly. The piece warns that habitual retreat weakens will, erodes courage, and leads to unproductive life, poor work outcomes, and unsatisfying relationships.
SEC records describe Od lum paying secret commissions to five All America General directors to absorb the company into Atlas Corp. Named directors Carter Scandrett Campbell Richard and Nichols received varying sums. The SEC notes a gross asset-value loss of about 470 000 and commissions totaling 200 370.
A columnist argues that Odlum and his attorney’s fees tied to Defense Secretary Louis Johnson had no influence on B-36 purchases. The switch to B-36s was made by a board after months of study and flying, not politics. The piece warns about behind the scenes influence and urges public awareness of the Army Navy myth that Wall Street backgrounds fit defense leaders.
Louisiana’s two senators and eight representatives gathered at a harmony dinner hosted by Henry Larcade in honor of Governor Earl Long. Rival Jim Morrison and Earl Long sat at opposite ends smiling as other feuding pairs, including Russell Long and Overton Brooks, acted like old friends. Mrs Alten enjoyed the floor show as a magician tied a pencil to a congressman's lapel while Larcade quipped about photographers missing a perfect news shot.
Whittaker Chambers, under oath, told a House subcommittee at Westminster Md that the Russian espionage network used a New York dentist to relay information. He described a 1932 34 period, Soviet agents, Irish Republican links, and a failed submarine arms deal with Britain.
Paris May 30 four foreign ministers debate Germany's future and postwar order. Dean Acheson argues for a Bonn constitution framework with free elections, while Andrei Vishinsky pushes for a united East West guided Germany. Bevin Schuman and Vishinsky clash over centralization and trade hinges.
An alliance of Protestants and Jews formed in Montgomery to advance church state separation. Howard M. Reeves of Mobile First Baptist elected president with Emmett J. Moore and C Byrd Harbour as officers. Glenn L. Archer addressed the assembly from Washington, D. C., stating the goal is to promote public debate on separation of church and state.
Joyce Lee Hughes, 15, died after Hodgkins disease worsened despite two atomic cocktails at the Isotope Clinic of the University of Tennessee hospital. The treatment used radioactive phosphorus from Oak Ridge. she had lost weight from 132 to 85 pounds since November. Survived by parents Bryan and Mrs Hughes and a brother.
The pamphlet Common Sense by Thomas Paine hit the public on January 10 1776, challenging British rule in America and shaping colonial sentiment toward independence. Paine presented accessible arguments for republican government and self governance.
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