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World Today tackles steel price hikes and Europe crisis
AP foreign affairs analyst Mackenzie reports Truman and Congress clashing with steel executives over a $4.85 per ton price rise. Fairless and Homer defend it as noninflationary while warning against wage demands. The piece shifts to Europe, noting Bolshevik aggression, Bevin’s Western Union plan, and Turkish trials as defenses cohere against Soviet expansion.
MENTIONED IN THIS ARTICLE
Truman
Taft
Senate
House Economic Committee
Benjamin F. Fairless
United States Steel Corp
Fairless
Arthur B. Homer
Bethlehem Steel Co
Hitler
Czechoslovakia
America
Britain
France
Scandinavia
Norway
Denmark
Sweden
Europe
Bevin
Finland
Belgium
Netherlands
Luxembourg
Brussels
Turkey
Moscow
Istanbul