Looking Ahead On U S Finances And Labor News
Washington reports projected 1950 U S income from foreign loan payments at 164 million with over 10 billion outlay, rising to 331 million in 1951 and 366 million in 1952. Bond maturities surge from 980 million in 1950 to 4.522 billion in 1952 and peak at 10.713 billion by 1954, as defense spending and debt obligations grow. Other items cover rail unions seeking a 40 hour week, opposition to compulsory arbitration, House investigations into newsprint, coal wage claims, and Puerto Rico governor questions amid President Truman’s visit plans. Talks touch labor peace ideas, strikes in Italy, and Latin American disease concerns.